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Adani plans to repay up to $790 million in equity-backed loans-thumnail

Adani plans to repay up to $790 million in equity-backed loans

Adani Green Energy also plans to refinance its 2024 bonds through a three-year, $800 million credit facility, the sources said. The sources spoke on condition of anonymity because they were

Business

Feb 28, 2023

The NCLAT approved Adani Power’s offer for Korba West Power and directed Shapoorji Pallonji & Co to pursue disputes through arbitration-thumnail

The NCLAT approved Adani Power’s offer for Korba West Power and directed Shapoorji Pallonji & Co to pursue disputes through arbitration

The appellate panel was hearing a plea submitted by Shapoorji Pallonji & Co, challenging a judgment issued by the Ahmedabad Bench of the National Company Law Tribunal (NCLT) on June

Business

Feb 27, 2023

Snapdragon Satellite Technology by Qualcomm to be Integrated into Most Smartphones-thumnail

Snapdragon Satellite Technology by Qualcomm to be Integrated into Most Smartphones

Qualcomm, a semiconductor manufacturer, has revealed that its Snapdragon satellite technology will soon be available on a majority of Android smartphones. This development was confirmed by 9To5Google, which reported that

News

Feb 27, 2023

COAI Responds to IAMAI, Asserting the Justifiability of Telcos’ Request for ‘Usage Charge’ from OTTs-thumnail

COAI Responds to IAMAI, Asserting the Justifiability of Telcos’ Request for ‘Usage Charge’ from OTTs

The Cellular Operators’ Association of India (COAI) has defended its position on the demand for reasonable “usage charges” from Over-The-Top (OTT) communication service providers, stating that it is a reasonable

Entertainment

Feb 27, 2023

PM Modi bats for solar power, group housing models-thumnail

PM Modi bats for solar power, group housing models

Prime Minister Narendra Modi said this year’s budget provided Rs 80,000 crore for housing the poor.  Prime Minister Narendra Modi on Monday called on stakeholders to discuss ways to link

Finance

Feb 27, 2023

Bajaj Auto drops 5% following report of planned production cuts-thumnail

Bajaj Auto drops 5% following report of planned production cuts

The two- and three-wheeler maker said the production cuts would reflect pressure on Nigeria, a key export market. Bajaj Auto Ltd. is a leading automotive manufacturer based in India. Established

Business

Feb 27, 2023

Azure Operator Nexus, a next-generation hybrid cloud platform, has been introduced by Microsoft-thumnail

Azure Operator Nexus, a next-generation hybrid cloud platform, has been introduced by Microsoft

According to TechCrunch, Microsoft is set to release a new hybrid cloud platform, the “Azure Operator Nexus,” specifically designed for communication service providers. The platform is intended to help these

News

Feb 27, 2023

SpiceJet raises Rs 2,500 crore in fresh capital as it transfers its cargo business-thumnail

SpiceJet raises Rs 2,500 crore in fresh capital as it transfers its cargo business

SpiceJet announces that it will also transfer its rights to aircraft lessor Carlyle Aviation. Concise SpiceJet said on Monday its board had approved the transfer of its trucking business to

Business

Feb 27, 2023

In the latest round of layoffs, Twitter reportedly laid off at least 200 employees-thumnail

In the latest round of layoffs, Twitter reportedly laid off at least 200 employees

The layoffs came a week after the company made it difficult for Twitter employees to communicate. Five current and former employees told The New York Times that Slack, the company’s

Finance

Feb 27, 2023

Dr. Reddy’s to acquire US prescription portfolio from Mayne Pharma for $105 million-thumnail

Dr. Reddy’s to acquire US prescription portfolio from Mayne Pharma for $105 million

The portfolio includes 40 approved off-market products, including approximately 45 commercial products, 4 products in development, and many generic products focused on women’s health. Dr. Reddy’s Laboratories Ltd said on

Business

Feb 27, 2023

Founders Need To Build Unique Solutions To Stave Off Funding Winter: Narayana Murthy-thumnail

Founders Need To Build Unique Solutions To Stave Off Funding Winter: Narayana Murthy

Narayana Murthy, one of the founders of Infosys, has called upon Indian entrepreneurs to develop distinctive solutions for the market, in the midst of an alleged “funding winter” that has

Business

Feb 27, 2023

“Record Number of 3.8 Million Clients Withdraw from Equities Raises Concerns over Investor Confidence in Stock Market”-thumnail

“Record Number of 3.8 Million Clients Withdraw from Equities Raises Concerns over Investor Confidence in Stock Market”

The Indian stock market has been facing several challenges in recent months, resulting in a decline in trading volumes and a loss of faith from investors. The market reached a

Business

Feb 25, 2023


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