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InvIT to raise Rs 2,000 crore from investors to acquire road assets from NHAI-thumnail

InvIT to raise Rs 2,000 crore from investors to acquire road assets from NHAI

InVIT was set up by the NHAI to monetize its assets and raise funds to build highways. NHAI has raised Rs 6,000 crore through its InVIT, in which CPP Investments

Investment & Funding

Sep 29, 2022

French energy giant TotalEnergies SE to sell a small part of its 20% stake in Adani green-thumnail

French energy giant TotalEnergies SE to sell a small part of its 20% stake in Adani green

The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on a series of previous deals with Indian billionaire Gautam Adani. That stake was worth

Industry

Sep 29, 2022

Gebbia, a millionaire co-founder of Airbnb, joins the Tesla board-thumnail

Gebbia, a millionaire co-founder of Airbnb, joins the Tesla board

In July, Airbnb co-founder Joseph Gebbia left his full-time position there and joined Tesla’s board. The co-founder of Airbnb Inc., Joseph Gebbia, joined the board of directors of Tesla Inc.

Industry

Sep 29, 2022

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore -thumnail

PSU stock granted bonus shares four times over the course of 21 years, totaling 1.12 crore 

In 21 years, 1 lakh has increased by more than 100 times to 1.12 crore thanks to PSU stock giving bonus shares four times. Bonus shares were issued by IOCL

Finance

Sep 29, 2022

Financial Companies to adapt Artificial Intelligence & Machine Learning to reduce costs: KPMG-thumnail

Financial Companies to adapt Artificial Intelligence & Machine Learning to reduce costs: KPMG

With enhanced customer service and mounting cost pressures, financial services institutions are looking at Artificial Intelligence (AI) and Machine Learning (ML) to improve cost and operational efficiencies while mitigating business

AI

Sep 26, 2022

Fable Street Lifestyle raises Rs 50 crore-thumnail

Fable Street Lifestyle raises Rs 50 crore

Business-to-consumer firm Fable Street Lifestyle Solutions Pvt Ltd has been boosted by Rs 50 crore in a pre-series B funding round led by its existing investor, Fireside Ventures. Startup founders

Finance

Sep 24, 2022

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


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