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RBI approves the request of RIL to retain $2 billion from lenders-thumnail

RBI approves the request of RIL to retain $2 billion from lenders

The Reserve Bank of India (RBI) has given Reliance Industries, the largest firm in the nation by market value, permission to keep $2 billion in addition to the $3 billion it raised in the previous fiscal year under the largest syndicated credit facility in years.

Business

Jun 21, 2023

Youtube unveils its shopping channel for live commerce in South Korea on 30th June-thumnail

Youtube unveils its shopping channel for live commerce in South Korea on 30th June

On June 30, the Yonhap news agency announced that YouTube will introduce its first official retail channel for in-person transactions in South Korea.

Business

Jun 21, 2023

China’s youth face a depressing work market due to record unemployment-thumnail

China’s youth face a depressing work market due to record unemployment

Analysts have cautioned that the unemployment in China’s youth rate might increase much more this summer, adding to the government’s difficulties in reviving the nation’s sluggish post-Covid economy. Chinese grads

Economy

Jun 20, 2023

Nandan Nilekani donates Rs 315 crore to alma mater IIT Bombay-thumnail

Nandan Nilekani donates Rs 315 crore to alma mater IIT Bombay

The Indian Institute of Technology (IIT) Bombay has received a $38.5 million grant from Nandan Nilekani, co-founder and chairman of IT behemoth Infosys. His total support for the institute now

Education

Jun 20, 2023

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”-thumnail

“Sanjay Dutt Ventures into Alcobev Startups: A Spirited Investment!”

The country recently surpassed France as the UK’s largest Scotch whisky market in terms of volume, with imports experiencing a remarkable 60% surge in 2022 compared to the previous year,

Entertainment

Jun 20, 2023

Indian Cement Industry: Ultratech Cement, ACC, and Ambuja Cements-thumnail

Indian Cement Industry: Ultratech Cement, ACC, and Ambuja Cements

With a total capacity of 545 million tonnes per annum (MTPA) by 2021, India is one of the largest cement industries in the world. Three important companies—Ultratech Cement, ACC, and Ambuja Cement—dominate the bulk of the market. Let’s take a closer look at each of these projects in the context of what they have done for the Indian cement industry.

Business

Jun 20, 2023

“Adani Group planning to expands Lender Network for $3.8 Billion Loan Refinancing”-thumnail

“Adani Group planning to expands Lender Network for $3.8 Billion Loan Refinancing”

It has been disclosed by these individuals that a majority of Adani’s present lenders, including the leading banks such as Standard Chartered, Barclays, and Deutsche Bank, are likely to partake

Industry

Jun 20, 2023

Food safety regulators in Tamil Nadu confiscate 15,000 tonnes of corn from Reliance Industries due to unclean conditions-thumnail

Food safety regulators in Tamil Nadu confiscate 15,000 tonnes of corn from Reliance Industries due to unclean conditions

Due to unsanitary storage conditions at a Tuticorin warehouse, food safety officials have seized 15,000 tonnes of corn owned by Reliance Industries. The food grains were discovered to be pest-infested

Industry

Jun 20, 2023

“Explain This Bob: The Rise and Challenges of a Twitter Bot”-thumnail

“Explain This Bob: The Rise and Challenges of a Twitter Bot”

Prabhu P Biswal, a virtuoso developer from Odisha, has cleverly come up with an avant-garde automaton called “Elucidate Enigma Bob”. This innovative creativity overcomes the challenge of translating the weird metaphors often found in newspaper articles about finance and business. The purpose of this automaton is to summarize complex information into logical and concise paragraphs. Originally conceived as a tool to hone programming skills, it quickly gained widespread acclaim across social media platforms, attracting users worldwide, including revered visionary Elon Musk.

News

Jun 19, 2023

Volvo to Embrace Direct-to-Customer Model, Following Mercedes’ Lead-thumnail

Volvo to Embrace Direct-to-Customer Model, Following Mercedes’ Lead

Volvo, the distinguished manufacturer of opulent automobiles, is poised to embrace the Direct-to-Customer (D2C) retail business paradigm, taking cues from the footsteps of Mercedes Benz India.

Automotive

Jun 19, 2023

“WhatsApp introduces Community Entry Point Feature for iOS Users; simplifying adding Members to groups”-thumnail

“WhatsApp introduces Community Entry Point Feature for iOS Users; simplifying adding Members to groups”

Sources suggest that WhatsApp is working on a feature that will enable users to have multiple WhatsApp accounts on a single device. Currently, this is not possible, but with the

New Launch

Jun 19, 2023

Maersk introduces one country one price delivery solution in India-thumnail

Maersk introduces one country one price delivery solution in India

The successful implementation of this solution relies on Maersk’s extensive warehousing facilities in multiple cities. The ‘One Country, One Price’ model presented by Maersk offers a comprehensive set of services

New Launch

Jun 19, 2023


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