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Autonomous vehicle technology startup Pony.Ai to set up $139 mn robotaxi jv with Toyota-thumnail

Autonomous vehicle technology startup Pony.Ai to set up $139 mn robotaxi jv with Toyota

Pony.Ai and Toyota have joined forces in a billion yuan venture aimed at producing robotaxis on a large scale.

Business

Aug 4, 2023

The Interesting Marketing Strategy of Maybelline-thumnail

The Interesting Marketing Strategy of Maybelline

The world of glamor and fashion is very thrilling and demands constant portrayal of vibrance and energy. We often as customers want to look our best and stay confident in

Business

Aug 4, 2023

TVS Supply Chain Solutions IPO to open on 10th August for Subscription-thumnail

TVS Supply Chain Solutions IPO to open on 10th August for Subscription

TVS Supply Chain Solutions Ltd, based in Chennai will soon begin its public subscription period from August 10th to 14th. The company aims to raise around Rs 600 crore through this initiative. Known for its handling of supply chains TVS Supply Chain intends to utilize the funds for repaying its debts. The company has demonstrated growth, in FY23 displaying trends, in both revenue and profit.

Business

Aug 4, 2023

Apple’s Q3-: Services sales revenue compensates again for iPhone sales dip-thumnail

Apple’s Q3-: Services sales revenue compensates again for iPhone sales dip

Apple’s Q3 earnings revealed a mixed performance with iPhone revenue dipping to $39.67B from $40.66B last year. However, a robust services sector surged from $19.6B to $21.2B YoY, surpassing predictions. CEO Tim Cook hailed the growth of paid subscriptions and emphasized the company’s commitment to values and innovation.

Business

Aug 4, 2023

GoStudents raises another $95 mn to double down on VR & Ai capabilities-thumnail

GoStudents raises another $95 mn to double down on VR & Ai capabilities

Go Student, a prominent ed-tech unicorn secures an impressive $95 million in a strategic funding round from investors including Deutsche Bank and Left Lane Capital.

Business

Aug 4, 2023

There will be 100 million jobs in India’s constructing industry; economic expansion demands a skilled labour force-thumnail

There will be 100 million jobs in India’s constructing industry; economic expansion demands a skilled labour force

According to a Knight Frank India research, India’s construction industry is expected to employ 100 million people in order to meet economic growth objectives. By 2023, 71 million people are

Business

Aug 3, 2023

In July, Adani Ports reported a 7% YoY increase in cargo volumes; the CEO of Logistics resigned-thumnail

In July, Adani Ports reported a 7% YoY increase in cargo volumes; the CEO of Logistics resigned

The Adani Group company Adani Ports and Special Economic Zone Ltd. reported record cargo volumes of 34 MMT in July of this year, a 7% increase year over year (YoY).

Business

Aug 3, 2023

With a ₹1,200 crore investment, Temasek will be able to purchase up to 3% of Mahindra Electric-thumnail

With a ₹1,200 crore investment, Temasek will be able to purchase up to 3% of Mahindra Electric

Mahindra & Mahindra Ltd. (M&M) said that Temasek, a worldwide investment corporation, will invest ₹1,200 crore in Mahindra Electric Automobile Ltd. (MAEL), its subsidiary for electric vehicles.

Business

Aug 3, 2023

The government restricts the import of laptops, tablets, PCs, and Servers-thumnail

The government restricts the import of laptops, tablets, PCs, and Servers

The recent announcement, by the government restricts the import of laptops, tablets, and computers allowing imports. There are some exceptions though. Individuals can import one item through channels and for research and development purposes up to 20 items per shipment are allowed.

Business

Aug 3, 2023

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy-thumnail

Tenstorrent, an AI chip company, raises $100 million from Hyundai and Samsung in an effort to challenge Nvidia’s chip supremacy

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

Artificial Intelligence

Aug 3, 2023

DBS Group Reports Record-Breaking Second-Quarter Profit Amidst Rising Interest Rates-thumnail

DBS Group Reports Record-Breaking Second-Quarter Profit Amidst Rising Interest Rates

Singapore’s largest bank, DBS Group, has announced a remarkable 48% surge in its second-quarter profit, beating forecasts and setting a new record.

Business

Aug 3, 2023

Nykaa CEO Falguni to lead marketing operation  after 6 executives quit-thumnail

Nykaa CEO Falguni to lead marketing operation after 6 executives quit

Nykaa, a major Indian cosmetics-to-fashion retailer, has seen several key executives, including the Chief Marketing Officer, resign amidst heightened competition in the rapidly growing sector. Nykaa’s founder takes direct oversight,

Business

Aug 3, 2023


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