The Airtel Uganda Ltd. subsidiary of Airtel Africa plc, which is funded by billionaire Sunil Mittal and offers telecom services, said in a statement on Tuesday that it intends to generate $216 million through an initial public offering (IPO) of 800 billion Ugandan shillings (UGX).

According to Sudarshan Venu, MD of TVS Motors, the business would invest Rs 3,900 crore over the next four to five years to expand its green portfolio as it works with BMW’s Motorrad to create brand-new petrol and electric platforms for the Indian and global markets.

The smart electric vehicle (EV) division of the world’s largest ride-hailing firm, Didi, will be acquired by the Chinese electric car startup Xpeng (9868. HK), according to the announcement. The two businesses will also establish a strategic alliance.

After the Securities and Exchange Board of India (SEBI) issued an interim order on Brightcom Group, citing concerns about the firm’s preferential offer, Shankar Sharma and 21 other shareholders of

Mars Inc., a known player, in the pet food industry, has announced its intention to invest an additional ₹800 crore in Telangana bringing its total commitment to ₹1,500 crore. This

Shrikant Madhav Vaidya, chairman and managing director of the state-run Indian Oil Corporation (IOC), said at the business’ 64th annual general meeting that the firm will invest $30 billion in its green efforts.

Zepto, an online grocery delivery service, secured $200 million in Series-E funding, valuing the business at $1.4 billion and elevating it to the status of 2023’s first unicorn.

Reliance Infrastructure and Reliance Power, which are companies, under the Anil Ambani group plan to raise ₹1,043 crore through shares from Reliance Commercial Finance.

IIT Bombay has recently received a donation of Rs 160 crore, from a donor. This significant contribution will be utilized to establish a Research Hub focused on Green Energy and Sustainability.

Korean internet company Naver has ventured into the world of intelligence with its new tool called HyperCLOVA X. This AI tool focuses on providing search results and tailored services for businesses.

GradRight, a company based in Mumbai has successfully raised INR 50 Cr, in Series A funding from IvyCap Ventures.

In India, the number of people with AI skills increased by 14 times between January 2016 and June 2023, according to recent research by the online professional networking site LinkedIn.