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Barclays Sued by Investors Over Multibillion Securities Blunder-thumnail

Barclays Sued by Investors Over Multibillion Securities Blunder

Barclays Plc was prosecuted by shareholders who acknowledge and withstood their substantial losses after the British lender disclosed paperwork errors. The complaint cited Nigel Higgins, chairman of Barclays, saying that

Investment & Funding

Sep 24, 2022

<strong>With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.</strong>-thumnail

With “UPI Lite,” you can make payments without needing your UPI pin and check your perks, eligibility, and other information.

On-device wallets can be used to conduct small transactions up to Rs 200 when UPI Lite is enabled on the BHIM App. A maximum of Rs 2000 can be added

Digital Transformation

Sep 23, 2022

Payment platform  PayU successfully tokenizes 50 million cards-thumnail

Payment platform  PayU successfully tokenizes 50 million cards

Last year, RBI mandated entities other than card networks and card issuers to not store debit or credit card data with them. The due date of tokenization is set on

Digital Transformation

Sep 22, 2022

Machine learning startup TrueFoundry raises USD $2.3 million in seed funding-thumnail

Machine learning startup TrueFoundry raises USD $2.3 million in seed funding

TrueFoundry is a developer platform that seeks to help startups deploy and monitor ML models “at the speed of big tech companies” – in hours instead of weeks. The new

AI

Sep 20, 2022

Growth School Further Expands with $ 5 Million Seed Funding from Owl Ventures and Sequoia Capital-thumnail

Growth School Further Expands with $ 5 Million Seed Funding from Owl Ventures and Sequoia Capital

India is growing exponentially with startups and industries skyrocketing the nation’s economy. With an enormous amount of edtech startups in the country, India has now considered the capital country for

Business

Sep 19, 2022

State-owned NHAI plans to raise upto ₹10,000 crores through InvITs-thumnail

State-owned NHAI plans to raise upto ₹10,000 crores through InvITs

The first of the InvITs may open around Diwali to raise ₹3,000-4,000 crore for the operation and maintenance of completed roads and highways, sources said. State-owned National Highways Authority of

Industry

Sep 19, 2022

Investment banker Naresh Kothari’s Alpha Alternatives raises ₹130 crores-thumnail

Investment banker Naresh Kothari’s Alpha Alternatives raises ₹130 crores

Founded in 2013, Alpha Alternatives is a multi-asset class alternate asset management platform which has multiple strategies across absolute return, credit, commodities, value and quant-driven equities, and fixed income. Investment

Industry

Sep 19, 2022

Ontario Teachers’ to buy 30% in Mahindra‘s renewable arm-thumnail

Ontario Teachers’ to buy 30% in Mahindra‘s renewable arm

Canada-based Ontario Teachers’ Pension Plan Board will buy a 30 percent stake in Mahindra Group’s renewable energy platform Mahindra Susten for Rs 711 crore. The parties have approved binding agreements

Industry

Sep 19, 2022

Warburg to eye 30% stake for $150 million in Vistaar Finance-thumnail

Warburg to eye 30% stake for $150 million in Vistaar Finance

Founded in 2010, Vistaar capitalizes on small business loans to shops, mills, hotels and manufacturers. New York-based private equity firm Warburg Pincus LLC is in conversation to invest around $150

Industry

Sep 17, 2022

Gujarat is home to India’s first chip factory, which will cost $20 billion-thumnail

Gujarat is home to India’s first chip factory, which will cost $20 billion

Last year, a significant shortfall in the semiconductor supply chain impacted a wide range of sectors, including electronics and automobiles. Vedanta and Foxconn, the Taiwanese electronics manufacturing behemoth, will invest

Industry

Sep 14, 2022

Zoom announces Rebranding-thumnail

Zoom announces Rebranding

Zoom disclosed a brand new logo as well as some product updates. If you poorly believe that Zoom is just a video meeting app, the company created an expanded version

Digital Transformation

Sep 13, 2022

Mysten labs designer of Sui blockchain raises $300 million in Funding-thumnail

Mysten labs designer of Sui blockchain raises $300 million in Funding

The blockchain platform, which was founded by social media company Meta in 2021, stated through an announcement that it clocked $300 million in a Series B funding round led by

Industry

Sep 9, 2022


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