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HPCL and MRPL are being considered for merger by the Oil Ministry-thumnail

HPCL and MRPL are being considered for merger by the Oil Ministry

In order to combine the two publicly traded subsidiaries of Oil and Natural Gas Corp. (ONGC), Mangalore Refinery and Petrochemicals Ltd. (MRPL), and Hindustan Petroleum Corp. (HPCL), the oil ministry

Industry

May 24, 2023

Adani Green seeks board approval to raise up to $1 billion-thumnail

Adani Green seeks board approval to raise up to $1 billion

In order to raise between $6,150 crore ($750 million) and $8,200 crore ($1 billion) through qualified institutional placement (QIP), Adani Green Energy is expected to ask the board for permission.

Industry

May 24, 2023

Artificial intelligence software platform Builder.ai raises more than $250 mn drove by Qatar Investment Authority (QIA)-thumnail

Artificial intelligence software platform Builder.ai raises more than $250 mn drove by Qatar Investment Authority (QIA)

New Delhi, man-made intelligence-fueled programming stage Builder.ai on Tuesday reported it has brought further than$ 250 million up in its Series D subsidizing drive by Qatar Venture Authority( QIA). The

News

May 23, 2023

Infosys introduces Infosys Topaz, an AI-first service designed to accelerate business value-thumnail

Infosys introduces Infosys Topaz, an AI-first service designed to accelerate business value

Infosys unveiled Infosys Topaz on Tuesday, a new solution that blends data analytics, artificial intelligence, and generative AI, demonstrating the rising relevance of this rapidly emerging technology. Infosys is a

Industry

May 23, 2023

The Inspiring Story of Henri Nestle, Founder of Nestle-thumnail

The Inspiring Story of Henri Nestle, Founder of Nestle

Nestlé’s work had a significant impact on the food industry. He was the first person to create a commercially successful infant formula. His invention helped to reduce infant mortality rates

CXO Insight

May 23, 2023

Rajiv Jain Of GQG Ups Adani’s Stake By Around 10%, Calling It One Of The “Best Infra Assets Available In India”-thumnail

Rajiv Jain Of GQG Ups Adani’s Stake By Around 10%, Calling It One Of The “Best Infra Assets Available In India”

The GQG Partners LLC, a seasoned investing firm, has expanded its position in the company owned by billionaire Gautam Adani by around 10%. The US-based investment company will also take

Industry

May 23, 2023

Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity-thumnail

Automakers Set to Invest £10 Billion to Boost EV Manufacturing Capacity

The Indian automobile industry is gearing up for a significant shift towards electric vehicles (EVs) as companies and the government focus on capital expenditure to support the growth of this

Automotive

May 23, 2023

To avoid financial isolation on the world stage, Russia urges India to assist-thumnail

To avoid financial isolation on the world stage, Russia urges India to assist

Ukraine is calling for the Financial Action Task Force to impose more limitations by putting Moscow to its “black list” or “grey list” after the group barred Russia from membership

Finance

May 23, 2023

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel-thumnail

TCS and Jaguar Land Rover partner to launch an open innovation program in Israel

The launch of Jaguar Land Rover’s Open Innovation Programme was announced by Tata Consultancy Services (TCS) and JLR in Tel Aviv. As part of JLR’s Reimagine strategy, the project will

Automotive

May 23, 2023

As growth slows, India’s edtech soonicorns are losing touch with their valuations-thumnail

As growth slows, India’s edtech soonicorns are losing touch with their valuations

Most of India’s edtech unicorns’ valuations seem to be off as they prepare for slower growth after raising capital at extremely high revenue multiples until the first half of 2022.

Investment & Funding

May 23, 2023

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund-thumnail

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund

A new fund for investing in small and medium-sized businesses has been developed by Vivriti Asset Management Private. It is referred to by the company as the first debt fund

Finance

May 23, 2023

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT-thumnail

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT

The appeals panel had scheduled a decision on the aircraft lessors’ argument on May 15. On May 10, Go First’s voluntary request to start an insolvency resolution procedure was accepted

Finance

May 22, 2023


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