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Reddit aims for a valuation of up to $6.4 billion in its highly anticipated US IPO.-thumnail

Reddit aims for a valuation of up to $6.4 billion in its highly anticipated US IPO.

Reddit is aiming for a valuation of up to $6.4 billion in its upcoming US initial public offering (IPO), the social media site announced on Monday, as it approaches one

Finance

Mar 11, 2024

Accenture will acquire Udacity in a $1 billion upskilling campaign.-thumnail

Accenture will acquire Udacity in a $1 billion upskilling campaign.

Accenture’s acquisition of ed-tech platform Udacity is part of a larger commitment to invest $1 billion over three years in improving upskilling prospects for its clients. Udacity, an ed-tech platform

Finance

Mar 6, 2024

Bitcoin price rises sharply in February, on track for best month since 2020-thumnail

Bitcoin price rises sharply in February, on track for best month since 2020

The price of Bitcoin has increased dramatically this month and is heading for its largest monthly gain since December 2020.  According to the article, Bitcoin was trading at around $61,100

Finance

Feb 29, 2024

SpiceJet settles a $29.9 million dispute with the aircraft lessor, with more to come.-thumnail

SpiceJet settles a $29.9 million dispute with the aircraft lessor, with more to come.

Celestial Aviation was among numerous aircraft leasing businesses that had approached the NCLT for recovery of outstanding payments from the debt-laden airline. SpiceJet has settled its $29.9 million dispute with

Finance

Feb 28, 2024

India is a top investment goal for Ikea, and the speed of development is exciting, according to Jesper Brodin, Global CEO of Ingka.-thumnail

India is a top investment goal for Ikea, and the speed of development is exciting, according to Jesper Brodin, Global CEO of Ingka.

Jesper Brodin, worldwide CEO of Ingka Group, underlined India’s importance due to its size, noting that Ikea’s worldwide strategy is consistent with the features of the Indian market, striving to

Finance

Feb 28, 2024

Mamata Banerjee inaugurates Shyam Steel’s Rs. 1500 crore factory in Purulia.-thumnail

Mamata Banerjee inaugurates Shyam Steel’s Rs. 1500 crore factory in Purulia.

On Tuesday, West Bengal Chief Minister Mamata Banerjee virtually inaugurated Shyam Steel’s Rs 1,500-crore integrated facility in Purulia District. This is the company’s fourth plant in the state, following three

Finance

Feb 27, 2024

The rupee settles 2 paise higher at 82.89 against the US dollar.-thumnail

The rupee settles 2 paise higher at 82.89 against the US dollar.

In a range-bound session on Monday, the rupee gained 2 paise to close at 82.89 (provisional) against the US dollar, reflecting equity market volatility. Forex brokers claimed the flood of

Finance

Feb 26, 2024

M&A Deal Value in India Declines in 2023-thumnail

M&A Deal Value in India Declines in 2023

The value of mergers and acquisitions (M&A) in India dropped in 2023 compared to the previous year according to a recent report. M&A refers to when two companies decide to

Finance

Feb 26, 2024

An agreement to invest Rs 11,750 crore in a manufacturing facility is signed by Kalyani Steels and the Odisha government.-thumnail

An agreement to invest Rs 11,750 crore in a manufacturing facility is signed by Kalyani Steels and the Odisha government.

An agreement was inked by Kalyani Steel Ltd and the Odisha government on Friday to establish a manufacturing plant with a Rs 11,750 crore investment. The business released a statement

Finance

Feb 23, 2024

Bengaluru: BMRCL will draft a feasibility study and issue a tender for a 118-kilometer expansion to the periphery.-thumnail

Bengaluru: BMRCL will draft a feasibility study and issue a tender for a 118-kilometer expansion to the periphery.

The Karnataka government seems to be prioritizing the expansion of the Metro line to the periphery to boost the real estate industry, even in the face of calls from civic

Finance

Feb 23, 2024

Jill Biden has announced $100 million in financing for research and development on women’s health.-thumnail

Jill Biden has announced $100 million in financing for research and development on women’s health.

On Wednesday, Jill Biden announced USD 100 million in federal financing for research and development into women’s health as part of a new White House effort she is leading. The

Finance

Feb 21, 2024

India’s banks are scrambling to attract customers following the Paytm debacle.-thumnail

India’s banks are scrambling to attract customers following the Paytm debacle.

The banking subsidiary of Paytm, a once-flying fintech star that had drawn support from SoftBank and Warren Buffett, abruptly suspended most of its operations last month, shocking investors. Paytm may

Finance

Feb 21, 2024


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