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Developing innovative, small-molecule therapeutics using Biosplice Therapeutics-thumnail

Developing innovative, small-molecule therapeutics using Biosplice Therapeutics

Biosplice Therapeutics is one such established startup with a global presence. By doing research and creating medications for osteoarthritis, cancer, neurology, and other degenerative conditions, it has grown into the most valuable US-based startup in the world.

Business

Aug 16, 2023

Foxconn Group begins iPhone 15 production in Tamilnadu Plant-thumnail

Foxconn Group begins iPhone 15 production in Tamilnadu Plant

Apple Inc. is set to begin production of its cutting-edge iPhone 15, in Tamil Nadu, India with the aim of reducing the gap between its manufacturing center.

Business

Aug 16, 2023

Intel to drop its $5.4 billion deal to acquire chipmaker Tower Semiconductor Ltd as China delays approval-thumnail

Intel to drop its $5.4 billion deal to acquire chipmaker Tower Semiconductor Ltd as China delays approval

Intel Corporation has decided to terminate its $5.4 billion acquisition agreement, with Tower Semiconductor, a chipmaker. The reason behind this decision is the failure to obtain approval from China. This development highlights the impact of tensions between the United States and China on business deals. As part of the termination, Intel will pay Tower a breakup fee of $353 million.

Business

Aug 16, 2023

SBFC Finance shares debut at exchanges at a 44% premium over the IPO price-thumnail

SBFC Finance shares debut at exchanges at a 44% premium over the IPO price

SBFC Finance made a strong entry onto Dalal Street on Wednesday, August 16. The stock was listed at Rs 82 per share, representing a substantial premium of 44 percent compared to its issue price of Rs 57 per share on the National Stock Exchange (NSE). Similarly, it debuted at a premium of 44 percent on the BSE, trading at Rs 81.99 per share.

Business

Aug 16, 2023

 Blockdaemon: The leading blockchain application infrastructure provider-thumnail

 Blockdaemon: The leading blockchain application infrastructure provider

The largest independent blockchain node infrastructure, Blockdaemon, enables companies to create, scale, and stake nodes with institutional-grade security and monitoring. The business serves more than 40 cutting-edge blockchain networks on bare metal and in the cloud. To link commercial stakeholders to blockchains, the platform is commonly used by exchanges, custodians, financial institutions, cryptocurrency platforms, and developers.

Business

Aug 16, 2023

Hero Fincrop, the finance arm of Hero MotoCorp aiming for ₹4,000 crore IPO-thumnail

Hero Fincrop, the finance arm of Hero MotoCorp aiming for ₹4,000 crore IPO

Hero FinCorp, a division of Hero MotoCorp, the two-wheeler manufacturer, in India, is currently engaging in discussions, with investment banks to execute its intended public offering (IPO) of ₹4,000 crore.

Business

Aug 14, 2023

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund-thumnail

Axis Asset Management launches Rs. 1250 crore private credit alternative investment fund

Axis Asset Management, the mutual fund division of Axis Bank has recently launched a credit fund with the objective of raising up to Rs 1,250 crore from a diverse group of investors.

Business

Aug 14, 2023

Logistics service provider Xpressbees acquires courier company TrackOn-thumnail

Logistics service provider Xpressbees acquires courier company TrackOn

Xpressbees, a logistics powerhouse, has acquired New Delhi’s Trackon, marking its entry into the SME courier space. With a nationwide expansion plan and synergistic benefits, Xpressbees aims to leverage its network for growth. The acquisition aligns with their success story, backed by major investments and a diversified service portfolio, promising enhanced customer experiences.

Business

Aug 14, 2023

Clean energy supply chains are at risk of overconcentration, warns Yellen-thumnail

Clean energy supply chains are at risk of overconcentration, warns Yellen

U.S. Treasury Secretary Janet Yellen stated in prepared remarks for an event in Las Vegas on Monday that the country is working to create robust, diversified clean energy supply chains to safeguard its economic security while avoiding the risks presented by over-concentration in a small number of nations.

Business

Aug 14, 2023

Creating Supersonic Airliners: Boom Supersonic-thumnail

Creating Supersonic Airliners: Boom Supersonic

Boom Supersonic, an American business, is revolutionizing air travel by building the quickest supersonic aircraft. Let’s delve in to learn everything there is to know about Boom Supersonic, from its beginnings to its future goals.

Business

Aug 14, 2023

Hindenburg-Adani Group Dispute: SEBI Asks The Supreme Court For A 15-Day Delay To Finish The Investigation-thumnail

Hindenburg-Adani Group Dispute: SEBI Asks The Supreme Court For A 15-Day Delay To Finish The Investigation

The Supreme Court granted the capital markets regulator until August 14 to provide an updated progress report on the Adani Group v. Hindenburg Research case.

Business

Aug 14, 2023

JioCinema forays into Esports; to live stream the official Battlegrounds Mobile India Series-thumnail

JioCinema forays into Esports; to live stream the official Battlegrounds Mobile India Series

JioCinema and Krafton India have collaborated to live stream the Battlegrounds Mobile India Series (BGIS) 2023. The event will feature “The Grind” phase from August 17th to 20th followed by the finals from October 12th to 14th. With a prize pool of INR 2 Crore, the tournament has attracted, over 2,000 teams highlighting the growing popularity of esports in India.

Business

Aug 14, 2023


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