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India is preparing for multi-billion dollar battery subsidies-thumnail

India is preparing for multi-billion dollar battery subsidies

According to a proposal seen by the Financial Times, the Indian government is putting together a brand-new, multibillion-dollar battery subsidy programme for businesses that produce electricity grid batteries as they work to speed up the country’s switch to sustainable energy.

Business

Jun 28, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023

The Telegram version of Stories will soon be available-thumnail

The Telegram version of Stories will soon be available

Telegram stands apart because of its emphasis on privacy, encryption, and an open-source API. Along with the official Telegram applications and web interface, there is a tonne of unauthorized clients. various accounts on the same device are also permitted, as well as the usage of various devices with the same account (confirmed by SMS).

Business

Jun 27, 2023

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance-thumnail

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance

The global performance marketing company M&C Saatchi Performance, where Kabeer Chaudhary now holds the post of managing director for APAC, has elevated him to the role of global chief executive officer.

Business

Jun 27, 2023

This fiscal year, poultry income is expected to increase by 10%-thumnail

This fiscal year, poultry income is expected to increase by 10%

According to a research note by Crisil Ratings, the Indian poultry industry’s revenue would increase by 10% this fiscal year as a result of continued demand growth and moderating realizations, even as new capabilities come online and increase volume.

Business

Jun 27, 2023

The Amara Raja Infra Group secures a $130 million solar project in Bangladesh-thumnail

The Amara Raja Infra Group secures a $130 million solar project in Bangladesh

A new solar project has been secured in Bangladesh by Amara Raja Infra Private Limited (ARIPL), a company that is a component of the $1.75 billion Amara Raja Group. This project represents ARIPL’s debut in the global solar market and a new turning point for the business.

Business

Jun 27, 2023

Former Samsung Executive Indicted for Alleged Trade Secret Theft in Connection with Foxconn-thumnail

Former Samsung Executive Indicted for Alleged Trade Secret Theft in Connection with Foxconn

South Korean prosecutors have filed a sealed indictment against former Samsung executive Choi Jinseog, alleging his involvement in stealing trade secrets to benefit Taiwan’s Foxconn. The indictment, reviewed by Reuters, reveals details of the case, including Choi’s alleged actions and the damages incurred by Samsung Electronics. While Choi denies all charges, the indictment sheds light on his consultancy firm, Jin Semiconductor, and its acquisition of confidential information from Samsung’s suppliers. This article explores the key developments and legal proceedings surrounding the case.

Business

Jun 27, 2023

The market capitalization of InterGlobe Aviation nears Rs 1 trillion; surges 26% in 2 months-thumnail

The market capitalization of InterGlobe Aviation nears Rs 1 trillion; surges 26% in 2 months

In intraday trade on Tuesday, shares of InterGlobe Aviation, which operates the largest airline in the nation, IndiGo, rose 3% on the BSE and reached a record high of Rs

Business

Jun 27, 2023

Baskit, a supply chain startup, assists Indonesian middlemen-thumnail

Baskit, a supply chain startup, assists Indonesian middlemen

Large brand distributors dominate the top of the supply chain, but thousands of middlemen, including wholesalers, form partnerships with retailers at the bottom. Baskit, which was founded last year, seeks to give them tools to digitize the management of their goods and services in order to assist them acquire better rates. The Indonesian firm revealed today that it has raised $3.3 million in seed funding from Betatron, Forge, 1982, Investible, DS/X, Orvel, and Michael Sampoerna. This comes three months after a $1.5 million seed round.

Business

Jun 27, 2023

Cyient DLM IPO opens for public subscription today; price range Rs. 250-265-thumnail

Cyient DLM IPO opens for public subscription today; price range Rs. 250-265

Cyient DLM operates as an integrated electronic manufacturing service (EMS) and solutions provider, catering to the complete life cycle of products, including design, build, and maintenance.

Business

Jun 27, 2023

Meta launches Meta Quest+ a VR subscription for $7.99 per month-thumnail

Meta launches Meta Quest+ a VR subscription for $7.99 per month

In an astonishing move on Monday, Meta introduced Meta Quest+, a VR subscription service. This service promises to transport users into a realm of immersive experiences by offering two mind-altering games every month; for $7.99 per month!

Business

Jun 27, 2023

BSNL and L&T signed an agreement to venture into the 5G private network market-thumnail

BSNL and L&T signed an agreement to venture into the 5G private network market

BSNL, assuming the mantle of the official network provider, will work alongside LTTS to co-innovate and introduce private 5G connectivity solutions to the market. This partnership marks a significant milestone for LTTS, as it marks its inaugural entry into the 5G private network space.

Business

Jun 26, 2023


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