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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

Specialty pharmacy MrMed raises $500,000 from Tamil Nadu Emerging Sector Seed Fund-thumnail

Specialty pharmacy MrMed raises $500,000 from Tamil Nadu Emerging Sector Seed Fund

The Tamil Nadu Emerging Sector Seed Fund (TNESSF) announced an investment of $500,000 for MrMed, a speciality pharmacy, on Wednesday. 

Investment & Funding

Aug 30, 2023

$1 Billion: B2B sales intelligence platform Apollo.io turns unicorn after raising $100 million in Series D-thumnail

$1 Billion: B2B sales intelligence platform Apollo.io turns unicorn after raising $100 million in Series D

Apollo.io, a sales intelligence platform, for B2B businesses, has recently reached unicorn status after securing $100 million in Series D funding.

Business

Aug 30, 2023

Maruti Suzuki looking at investing Rs 45,000 crore to double production capacity to four million units per annum-thumnail

Maruti Suzuki looking at investing Rs 45,000 crore to double production capacity to four million units per annum

Maruti Suzuki, one of India’s car manufacturers has announced its intention to invest Rs 45,000 crore in expanding its production capacity.

Business

Aug 30, 2023

Managed workspace operator Table Space set to invest Rs. 1,000 crores to expand operations-thumnail

Managed workspace operator Table Space set to invest Rs. 1,000 crores to expand operations

Table Space Technologies plans to invest Rs 1,000 crore in the year 2023 24 to expand their operations by 4.5 million square feet. This comes after an expansion of 3.2 million feet, in the previous year which cost them Rs 800 crore.

Business

Aug 30, 2023

Airtel Uganda intends to raise $216 million through an initial public offering-thumnail

Airtel Uganda intends to raise $216 million through an initial public offering

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).

Business

Aug 29, 2023


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