Axis Asset Management, the mutual fund division of Axis Bank has recently launched a credit fund with the objective of raising up to Rs 1,250 crore from a diverse group of investors.

Ranjan Pai, the chairman of the Manipal Group is currently engaged in negotiations to acquire a stake, in FirstCry, an e-commerce platform that focuses on children’s products. It has been

JioCinema and Krafton India have collaborated to live stream the Battlegrounds Mobile India Series (BGIS) 2023. The event will feature “The Grind” phase from August 17th to 20th followed by the finals from October 12th to 14th. With a prize pool of INR 2 Crore, the tournament has attracted, over 2,000 teams highlighting the growing popularity of esports in India.

OpenAI, the company behind ChatGPT is at risk of facing difficulties by the end of 2024 if it does not receive funding. The magazine states that there has been a decline in the number of users visiting the ChatGPT website during the half of 2023. In May there were 1.9 billion users. This number dropped to 1.5 billion by July. The combination of losses, which amounted to $540 million last year and high operational costs further exacerbates the challenge, for OpenAI.

SK Telecom, a company has made a significant investment of $100 million, in Anthropic, an AI firm based in the United States that is posing a challenge to OpenAI.

Companies frequently lack a thorough understanding of security performance, despite the fact that cybersecurity threats and vulnerabilities continue to grow and adapt. Even many of them struggle to assess how

The Finance Ministry informed the Rajya Sabha on Tuesday that public sector banks and five significant private sector banks, including Axis Bank, HDFC Bank, IndusInd Bank, ICICI Bank, and IDBI

Info Edge invested Rs 288 crore in 4B Networks, of which Rs 276 crore was stock and Rs 12 crore was loan. In its Q3 FY23 financial statements, the business

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.

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

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

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.