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GQG, Founded by Rajiv Jain, Has Staked $10 Billion on India and Has More Winning Picks Than Adani-thumnail

GQG, Founded by Rajiv Jain, Has Staked $10 Billion on India and Has More Winning Picks Than Adani

 India’s investments across six of GQG’s funds increased in value to $9.9 billion from $4.4 billion a year earlier, as per data collated by Bloomberg from the most recent regulatory

Business

Dec 11, 2023

TikTok to Spend $1.5 Billion Acquiring Goto’s Indonesian Business-thumnail

TikTok to Spend $1.5 Billion Acquiring Goto’s Indonesian Business

The Chinese company ByteDance Ltd.’s TikTok has reached an agreement to spend $1.5 billion in a joint venture that it will manage with Indonesia’s GoTo Group. This move enables the

Business

Dec 11, 2023

Tata intends to invest Rs 40,000 crore in an Assamese chip facility.-thumnail

Tata intends to invest Rs 40,000 crore in an Assamese chip facility.

Tata put up a proposal for a Rs 40,000 crore chip processing facility in Assam. The chief minister of Assam affirmed the application and stated that the business requested final

Investment & Funding

Dec 9, 2023

Google’s Gemini AI-Powered Bard Chatbot Advances To Take on ChatGPT-thumnail

Google’s Gemini AI-Powered Bard Chatbot Advances To Take on ChatGPT

Google claims that its “most capable” AI model to date is Gemini, which debuted in the Bard chatbot. The field of artificial intelligence is undergoing major upheavals, especially in language

AI

Dec 8, 2023

Toshiba, Rohm to Invest $2.7 Billion to Jointly Produce Power Chips-thumnail

Toshiba, Rohm to Invest $2.7 Billion to Jointly Produce Power Chips

Toshiba and Rohm announced a 388.3 billion yen ($2.7 billion) investment to co-produce power chips on Friday, the first partnership since Rohm’s $14 billion takeover of Toshiba. The current collaboration

Business

Dec 8, 2023

Sarvam AI Obtained $41 Million in Funding Led by Lightspeed, the Largest Amount Ever Raised by an Indian AI Startup Business-thumnail

Sarvam AI Obtained $41 Million in Funding Led by Lightspeed, the Largest Amount Ever Raised by an Indian AI Startup Business

The Indian generative AI startup Sarvam AI announced on Thursday that it has raised $41 million in its Series A round, which Vinod Khosla’s Khosla Ventures and Peak XV Partners

Business

Dec 7, 2023

Next Week, Vedanta Resources Will Close $1.2 Billion in Private Credit Financing-thumnail

Next Week, Vedanta Resources Will Close $1.2 Billion in Private Credit Financing

According to persons with knowledge of the situation, the billionaire Anil Agarwal-led Vedanta Resources plans to partially repay $3.2 billion in bonds that mature in 2024 and 2025 by signing

Business

Dec 5, 2023

New Funding for Fnality Blockchain Payments Firm Led by Goldman Sachs-thumnail

New Funding for Fnality Blockchain Payments Firm Led by Goldman Sachs

A blockchain-based wholesale payments company called Fnality announced on Tuesday that it has raised 77.7 million pounds ($95.09 million) in a second round of funding, supported by Goldman Sachs and

Business

Nov 14, 2023

As Japan’s First Bond-type Issue, Softbank Corp Raises $800 Million-thumnail

As Japan’s First Bond-type Issue, Softbank Corp Raises $800 Million

The first-ever bond-type shares of SoftBank Corp. of Japan were offered on the Tokyo Stock Exchange on Thursday, garnering a total of 120 billion yen ($799 million) due to significant

Business

Nov 2, 2023

Zen Technologies Wins 100-crore Tank Training System Order From The Defence Ministry-thumnail

Zen Technologies Wins 100-crore Tank Training System Order From The Defence Ministry

Zen Technologies Ltd.’s shares are in the headlines today after the company said that the military ministry has given an order for its cutting-edge Force-On-Force Tank training system, valued at

Business

Oct 26, 2023

Piramal Alternatives Invests Rs. 250 Crore in an Electric Bus Manufacturer-thumnail

Piramal Alternatives Invests Rs. 250 Crore in an Electric Bus Manufacturer

PMI Electro Mobility Solutions Pvt Ltd, an electric bus maker, stated on Wednesday that it had secured Rs 250 crore from Piramal Alternatives, the Piramal Group’s fund-management arm, to support

Business

Oct 25, 2023

Garuda Aerospace Raises Rs 25 Crore from Venture Catalysts and Others-thumnail

Garuda Aerospace Raises Rs 25 Crore from Venture Catalysts and Others

In order to meet its working capital needs, drone maker Garuda Aerospace announced on Wednesday that it has secured Rs 25 crore in funding from a new bridge round headed

Business

Oct 25, 2023


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