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UK’s YouGov considers U.S. listing after recent deal leads to growth-thumnail

UK’s YouGov considers U.S. listing after recent deal leads to growth

The pollster and data analytics company YouGov, which is listed on the London Stock Exchange, is considering a US listing, which would be the latest blow to the LSE.

Business

Aug 14, 2023

Open AI faces Bankruptcy amid rising operational costs; falling users-thumnail

Open AI faces Bankruptcy amid rising operational costs; falling users

OpenAI, the company behind ChatGPT is at risk of facing difficulties by the end of 2024 if it does not receive funding. The magazine states that there has been a decline in the number of users visiting the ChatGPT website during the half of 2023. In May there were 1.9 billion users. This number dropped to 1.5 billion by July. The combination of losses, which amounted to $540 million last year and high operational costs further exacerbates the challenge, for OpenAI.

Artificial Intelligence

Aug 14, 2023

National Investment & Infrastructure Fund’s search for CEO raises concern among stakeholders-thumnail

National Investment & Infrastructure Fund’s search for CEO raises concern among stakeholders

The ongoing quest to find a CEO, for India’s National Investment & Infrastructure Fund (NIIF) has sparked worries among investors potentially putting government business plans at risk.

Business

Aug 14, 2023

Zerodha receives approval from SEBI to set up AMC; Vishal Jain appointed head-thumnail

Zerodha receives approval from SEBI to set up AMC; Vishal Jain appointed head

Zerodha under the leadership of CEO Nithin Kamath has received approval, from SEBI to establish an asset management company (AMC) in collaboration with Smallcase. Their primary focus will be, on

Business

Aug 12, 2023

SoftBank-owned Arm is courting Big Tech for an IPO-thumnail

SoftBank-owned Arm is courting Big Tech for an IPO

SoftBank Group-owned chip manufacturer Arm is attracting funding from a number of major technology organisations ahead of what is likely to be one of the year’s largest initial public offerings.

BFSI

Aug 12, 2023

Tiktok parent ByteDance bet on Lark and Resso to expand into Indian market.-thumnail

Tiktok parent ByteDance bet on Lark and Resso to expand into Indian market.

ByteDance, the internet company is now focusing on the market by introducing its music app called Resso and a productivity tool known as Lark. This move comes after TikTok and

Business

Aug 12, 2023

Government to start acquiring land for “New Noida”, city to spread over 21000 hectares-thumnail

Government to start acquiring land for “New Noida”, city to spread over 21000 hectares

Uttar Pradesh plans “New Noida” city to address land scarcity due to growth, offering space for residents, industries, universities, and offices. The masterplan includes GIS technology for efficient development, catering

Business

Aug 12, 2023

‘My social media profits are not accurate,’ Virat Kohli says of Instagram Rich List 2023 rumours-thumnail

‘My social media profits are not accurate,’ Virat Kohli says of Instagram Rich List 2023 rumours

Indian cricketer Virat Kohli denies receiving $1,384,000 per Instagram post, saying the accusations are false. Indian cricketer Virat Kohli denied accusations from Instagram Rich List 2023 that he receives $1,384,000

Business

Aug 12, 2023

Chakr Innovation a climate technology-focused startup receives 18 cr in funding-thumnail

Chakr Innovation a climate technology-focused startup receives 18 cr in funding

Chakr Innovation, a startup focused on climate technology has received INR 18 Cr ($2.2 Mn) in funding, from India’s EXIM Bank to support the development of emission control devices.

Business

Aug 11, 2023

U.S. awards $1.2 billion to Oxy and Climeworks for carbon air capture hubs-thumnail

U.S. awards $1.2 billion to Oxy and Climeworks for carbon air capture hubs

The U.S. Department of Energy said on Friday that projects in Texas and Louisiana will receive over $1 billion in federal subsidies to remove more than 2 million tonnes of carbon emissions, which is an important step in scaling up direct air capture (DAC) technology.

Business

Aug 11, 2023

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds-thumnail

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds

Indias Adani Group is currently, in talks with experts to secure 1,500 crore rupees ($181 million) for each of its divisions through local currency bonds. This effort is part of the conglomerate’s goal to raise a total of 100 billion rupees during this year.

Business

Aug 11, 2023

China to replace $140 billion in LGFV debt with local bonds-thumnail

China to replace $140 billion in LGFV debt with local bonds

In order to pay off the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, China will let local governments raise approximately 1 trillion yuan ($140 billion) through bond sales, according to a Friday report by Bloomberg News.

Business

Aug 11, 2023


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