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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

RBI increases UPI Lite transaction limit to Rs. 500 cr; totally PIN Free-thumnail

RBI increases UPI Lite transaction limit to Rs. 500 cr; totally PIN Free

RBI proposes raising the UPI Lite transaction limit to Rs 500 for smoother small-value payments, reducing authentication for speed. NFC tech enables offline payments, addressing weak connectivity issues.

Business

Aug 10, 2023

RBI keeps the repo rate unchanged at 6.5%; GDP projection for FY24 at 6.5%-thumnail

RBI keeps the repo rate unchanged at 6.5%; GDP projection for FY24 at 6.5%

RBI Governor Shaktikanta Das announced the third consecutive pause on rate hikes by the monetary policy committee, signaling readiness to act if needed.

Finance

Aug 10, 2023

Rural Startups in the US: Opportunities and Obstacles -thumnail

Rural Startups in the US: Opportunities and Obstacles 

Those who have been following rural development trends and policies over the past several years have certainly heard a lot about the necessity of promoting entrepreneurship in rural areas. As

Business

Aug 10, 2023

The Indian government just gave Google, Facebook, and other digital companies a tonne of work! This is what they need to accomplish-thumnail

The Indian government just gave Google, Facebook, and other digital companies a tonne of work! This is what they need to accomplish

The nation’s first piece of law to protect personal data was adopted by the Parliament on Wednesday, a significant milestone. The bill is called the Digital Personal Data Protection Bill (DPDP). The bill has been designed to be adaptive to changing technical ideas, enabling the addition of new data concepts without calling for further modifications, according to Minister of Communications and Information Technology Ashwini Vaishnaw.

Indian Govt

Aug 10, 2023

Disney+Hostar reports the biggest decline in subscriber base in the June quarter-thumnail

Disney+Hostar reports the biggest decline in subscriber base in the June quarter

Disney+ Hotstar, a streaming platform, in India, faced a setback during the June quarter as it experienced a decline of 24% in its subscriber base. This translates to a loss of 12.5 million users. The platform has been witnessing declines mainly due to the loss of broadcasting rights for the Indian Premier League (IPL) and the conclusion of partnerships with HBO. In addition to that the rise of JioCinema, as a competitor and its introduction of content have further contributed to Hotstars decline.

Business

Aug 10, 2023

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy-thumnail

KRAFTON will spend $150 million in the startup ecosystem as part of its India-first strategy

The company claims to have already invested $140 million in start-ups in India.

The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.

Investment & Funding

Aug 10, 2023

Avid Technology to be acquired by STG for $1.4 billion-thumnail

Avid Technology to be acquired by STG for $1.4 billion

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

Business

Aug 10, 2023

Amazon is in talks with Softbanks’s Arm to join hands ahead of its IPO-thumnail

Amazon is in talks with Softbanks’s Arm to join hands ahead of its IPO

Amazon is, among the tech giants that are investing in the IPO of Arm Ltd underscoring the significance of Arms computing capabilities. Amazon Web Services chip, known as Graviton is built on Arms design. Arm is aiming to secure funding in the range of $8 10 billion. Has set its sights on a debut on Nasdaq. The involvement of investors in Arm further strengthens customer relationships making its IPO more appealing as SoftBank Vision Fund works towards recovery efforts. With a pivot, towards high royalty data servers and PCs Arm is positioning itself for growth.

Business

Aug 9, 2023


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