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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

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry-thumnail

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry

The government has revealed the draft of the FAME III, which includes a budget allocation of Rs 40,000 50,000 crore to support vehicles (EVs).

Automotive

Aug 11, 2023

Truecaller introduces an AI-enabled call-answering feature for users-thumnail

Truecaller introduces an AI-enabled call-answering feature for users

Truecaller has recently launched Truecaller Assistant, an AI-powered feature that helps users manage their calls efficiently.

Artificial Intelligence

Aug 11, 2023

Pyramid Technoplast IPO is to open for subscription on 18th August-thumnail

Pyramid Technoplast IPO is to open for subscription on 18th August

Pyramid Technoplast, a company specializing in packaging plans to initiate its Initial Public Offering (IPO) between August 18 and 22 following the trend of public offerings this month.

Business

Aug 11, 2023


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