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The new soundbox from Paytm, which costs Rs 999, will now take card payments-thumnail

The new soundbox from Paytm, which costs Rs 999, will now take card payments

Paytm, a fintech company, unveiled the “Paytm card sound box” on Monday. This upgraded soundbox now accepts card payments in addition to mobile payments. The cost of the newly released smartphone is Rs 999.

Business

Sep 4, 2023

State Bank of India (SBI) unveils UPI interoperability in its Digital Rupee-thumnail

State Bank of India (SBI) unveils UPI interoperability in its Digital Rupee

The State Bank of India (SBI) has introduced UPI interoperability for its Digital Rupee (e rupee), or Central Bank Digital Currency (CBDC), via the ‘e rupee by SBI’ app.

Digital Transformation

Sep 4, 2023

Real estate developer Anant Raj Limited to develop 300 MW data center with ₹10,000 crore investment-thumnail

Real estate developer Anant Raj Limited to develop 300 MW data center with ₹10,000 crore investment

Delhi-based real estate developer Anant Raj Limited is making waves in the data center industry with plans to invest ₹10,000 crore in developing 300 MW data center facilities.

Business

Sep 4, 2023

Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger-thumnail

Telco Reliance Jio raising $2 billion in Offshore loans with BNP Paribas as arranger

India’s leading telecom provider, Reliance Jio has recently obtained loans amounting to $2 billion from BNP Paribas.

Business

Sep 4, 2023

Nazara Technologies raises 100 crore from Zerodha’s founders Nikhil and Nithin Kamath-thumnail

Nazara Technologies raises 100 crore from Zerodha’s founders Nikhil and Nithin Kamath

Nazara Technologies has received the go-ahead to offer shares valued at Rs 100 crore, to the founders of Zerodha, Nikhil, and Nithin Kamath.

Business

Sep 4, 2023

Corning Inc. to set up a Gorilla glass manufacturing facility in Telangana with an investment of Rs. 934 crores-thumnail

Corning Inc. to set up a Gorilla glass manufacturing facility in Telangana with an investment of Rs. 934 crores

Corning Inc. Has announced its intention to invest Rs. 934 crores, in Telangana, India with the aim of establishing a cutting-edge manufacturing facility for Gorilla glass.

Business

Sep 2, 2023

Sources say Arm signs up big tech firms for IPOs at $50 billion-$55 billion valuations-thumnail

Sources say Arm signs up big tech firms for IPOs at $50 billion-$55 billion valuations

Several of Arm Holdings Ltd’s clients have agreed to invest in the chip designer’s initial public offering, including Apple Inc. (AAPL.O), Nvidia Corp. (NVDA.O), Alphabet Inc. (GOOGL.O), and Advanced Micro Devices Inc. (AMD.O).

Business

Sep 2, 2023

Reliance Retail is in talks to raise $2.5 billion by September end-thumnail

Reliance Retail is in talks to raise $2.5 billion by September end

Reliance Retail Ventures, owned by Indian billionaire Mukesh Ambani, is in advanced discussions with international investors to raise around $2.5 billion by the end of September in preparation for a prospective stock market listing, according to people familiar with the situation who spoke to Reuters.

Business

Sep 1, 2023

Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup-thumnail

Chinese company Gotion High Tech acquires 25% stake in Slovakia’s Inobat EV battery startup

Chinese battery manufacturer Gotion High Tech (002074.SZ) is purchasing a 25% interest in Slovak battery manufacturer Inobat and will provide supply chain and technology support, the firms announced on Thursday.

Business

Sep 1, 2023

Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment-thumnail

Prestige Group plans to develop Hyderabad’s largest mixed-use township with Rs 5,000 crore investment

Prestige Group, a real estate developer based in Bengaluru has plans to transform the skyline of Hyderabad with their project called Prestige City Hyderabad.

Business

Sep 1, 2023

Business Deal: Torrent Pharma submits a non-binding bid for a stake in Cipla says Sources-thumnail

Business Deal: Torrent Pharma submits a non-binding bid for a stake in Cipla says Sources

Torrent Pharma, based in Ahmedabad is currently considering acquiring a stake, in Cipla, a company. Should this acquisition be successful it has the potential to position Torrent Pharma as India’s pharmaceutical company.

Business

Sep 1, 2023

Nikhil Kamath Invests: Zerodha Co-founder Nikhil Kamathplanning on increasing his stake in Nazara Technologies-thumnail

Nikhil Kamath Invests: Zerodha Co-founder Nikhil Kamathplanning on increasing his stake in Nazara Technologies

Nikhil Kamath, the founder of Zerodha has set a goal to increase his ownership, in Nazara Technologies, a platform that focuses on gaming and sports media.

Business

Sep 1, 2023


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