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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

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback-thumnail

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback

British state-backed bank NatWest has taken a significant step towards full private ownership by agreeing to repurchase £1.3 billion ($1.6 billion) worth of its shares from the government. This move

Finance

May 22, 2023

Nvidia encroaches on Intel, AMD territory in supercomputers-thumnail

Nvidia encroaches on Intel, AMD territory in supercomputers

Nvidia Corporation has recently collaborated with the University of Bristol in the United Kingdom to develop a cutting-edge supercomputer, utilizing a new Nvidia chip that aims to rival industry giants

Manufacturing

May 22, 2023

A Large Global Outage Of Instagram Occurred, With Thousands Of Claims Coming From India-thumnail

A Large Global Outage Of Instagram Occurred, With Thousands Of Claims Coming From India

On Downdetector.in, Instagram outage complaints experienced a sharp increase. Over 9,500 outages in India were recorded by the website that monitors outages throughout the world. Worldwide and in India, Instagram

News

May 22, 2023

Australia’s BHP Group coal mines are being considered by JSW for a potential $1.5-2 billion deal-thumnail

Australia’s BHP Group coal mines are being considered by JSW for a potential $1.5-2 billion deal

According to insiders, JSW Group has entered the race to purchase two coking coal mines from Australia’s BHP Group in a potential $1.5-2 billion transaction, as the Indian steelmaker looks

Industry

May 22, 2023

Lijjat Papad: The Women’s Cooperative that Built a National Brand-thumnail

Lijjat Papad: The Women’s Cooperative that Built a National Brand

India is a country which is home to a variety of small business ventures, small manufacturing houses and cooperatives. One such small cooperative which will be covered in this article

Industry

May 20, 2023

What RBI’s option to discontinue the Rs 2000 Note implies for the country’s economy-thumnail

What RBI’s option to discontinue the Rs 2000 Note implies for the country’s economy

On May 19, The Reserve Bank of India said that it had decided to remove the Rs 2 000 denomination banknotes from circulation in light of the foregoing and in

Finance

May 20, 2023

Stalled Debt Ceiling Negotiations Continue Between White House and Republicans-thumnail

Stalled Debt Ceiling Negotiations Continue Between White House and Republicans

Introduction: A recent meeting between White House and Republican congressional negotiators to discuss raising the federal government’s debt ceiling has ended without progress or a set date for another meeting.

Finance

May 20, 2023

WhatsApp in Russia faces fines of 4 million Rubles for not removing illegal content-thumnail

WhatsApp in Russia faces fines of 4 million Rubles for not removing illegal content

Meta-owned WhatsApp might face a punishment of up to 4 million roubles (equal to $41,42,586) after Russia accused the messaging service of failing to remove unlawful information.  According to a

Finance

May 20, 2023

The RBI removes the 2000 note from circulation while maintaining legal tender-thumnail

The RBI removes the 2000 note from circulation while maintaining legal tender

According to the RBI, up until September 30, 2023, people can continue to deposit rupee 2000 banknotes into their bank accounts and/or swap them for notes of other denominations at

Business

May 19, 2023

Fujitsu General’s $1.1 Billion Stake Deal Is Said to Slow Down-thumnail

Fujitsu General’s $1.1 Billion Stake Deal Is Said to Slow Down

The offer of Fujitsu Ltd. greater part of the stake in its climate control system-producing unit has slowed down as the bidders have been not able to settle on a

Business

May 19, 2023


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