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SoftBank-owned Arm is courting Big Tech for an IPO-thumnail

SoftBank-owned Arm is courting Big Tech for an IPO

SoftBank Group-owned chip manufacturer Arm is attracting funding from a number of major technology organisations ahead of what is likely to be one of the year’s largest initial public offerings.

BFSI

Aug 12, 2023

Tiktok parent ByteDance bet on Lark and Resso to expand into Indian market.-thumnail

Tiktok parent ByteDance bet on Lark and Resso to expand into Indian market.

ByteDance, the internet company is now focusing on the market by introducing its music app called Resso and a productivity tool known as Lark. This move comes after TikTok and

Business

Aug 12, 2023

Government to start acquiring land for “New Noida”, city to spread over 21000 hectares-thumnail

Government to start acquiring land for “New Noida”, city to spread over 21000 hectares

Uttar Pradesh plans “New Noida” city to address land scarcity due to growth, offering space for residents, industries, universities, and offices. The masterplan includes GIS technology for efficient development, catering

Business

Aug 12, 2023

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds-thumnail

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds

Indias Adani Group is currently, in talks with experts to secure 1,500 crore rupees ($181 million) for each of its divisions through local currency bonds. This effort is part of the conglomerate’s goal to raise a total of 100 billion rupees during this year.

Business

Aug 11, 2023

Optimist Outlook: In The Next 6 To 12 Months, Half Of VC Investors Anticipate A Resurgence In Start-Up Financing.-thumnail

Optimist Outlook: In The Next 6 To 12 Months, Half Of VC Investors Anticipate A Resurgence In Start-Up Financing.

According to a Redseer report, 1,000–1,200 agreements are anticipated to be completed in 2024. According to a Redseer Strategy Consultants poll, 50% of venture capital (VC) investors are optimistic about

Finance

Aug 11, 2023

China to replace $140 billion in LGFV debt with local bonds-thumnail

China to replace $140 billion in LGFV debt with local bonds

In order to pay off the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, China will let local governments raise approximately 1 trillion yuan ($140 billion) through bond sales, according to a Friday report by Bloomberg News.

Business

Aug 11, 2023

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry-thumnail

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry

The government has revealed the draft of the FAME III, which includes a budget allocation of Rs 40,000 50,000 crore to support vehicles (EVs).

Automotive

Aug 11, 2023

Truecaller introduces an AI-enabled call-answering feature for users-thumnail

Truecaller introduces an AI-enabled call-answering feature for users

Truecaller has recently launched Truecaller Assistant, an AI-powered feature that helps users manage their calls efficiently.

Artificial Intelligence

Aug 11, 2023

Ather Energy set to electrify the market with triple scooter launch-thumnail

Ather Energy set to electrify the market with triple scooter launch

In order to increase Ather Energy’s market share in the extremely competitive electric scooter sector, the Ather 450S is positioned to be a more affordable electric scooter. This product is projected to immediately compete with the soon-to-be-released Ola S1 Air.

Business

Aug 11, 2023

HCL Technologies bags a $2.1 bn deal from Verizon for Managed Network Services-thumnail

HCL Technologies bags a $2.1 bn deal from Verizon for Managed Network Services

HCL Technologies has secured a $2.1 billion agreement, with Verizon Business to provide managed network services. This deal is expected to have an impact on revenue for the six years starting from November 2023.

Business

Aug 11, 2023

Godrej Consumer to establish a 515 crore manufacturing facility in Tamilnadu-thumnail

Godrej Consumer to establish a 515 crore manufacturing facility in Tamilnadu

Godrej Consumer Products Limited is set to establish a cutting-edge manufacturing facility in the state, with a substantial investment of Rs 515 crore over the next five years. The company disclosed this development in a filing made on Thursday.

Business

Aug 10, 2023

TVS Supply chain solutions IPO live from 10-14th August for subscription-thumnail

TVS Supply chain solutions IPO live from 10-14th August for subscription

TVS SCS, a company, plans to generate Rs 880 crore through its initial public offering (IPO) with the objective of reducing debt and fueling growth. By issuing shares of Rs

Business

Aug 10, 2023


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