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U.S. awards $1.2 billion to Oxy and Climeworks for carbon air capture hubs-thumnail

U.S. awards $1.2 billion to Oxy and Climeworks for carbon air capture hubs

The U.S. Department of Energy said on Friday that projects in Texas and Louisiana will receive over $1 billion in federal subsidies to remove more than 2 million tonnes of carbon emissions, which is an important step in scaling up direct air capture (DAC) technology.

Business

Aug 11, 2023

The Third-Richest Athlete On Instagram, Virat Kohli, Charges Rs 11.45 Cr For Each Post-thumnail

The Third-Richest Athlete On Instagram, Virat Kohli, Charges Rs 11.45 Cr For Each Post

The top three athletes that receive the most money for an Instagram post are Cristiano Ronaldo, Lionel Messi, and Virat Kohli, according to the 2023 Instagram Rich List prepared by Hopper HQ.

News

Aug 11, 2023

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds-thumnail

2 Adani group firms mulling plans to secure Rs. 1500 crore through bonds

Indias Adani Group is currently, in talks with experts to secure 1,500 crore rupees ($181 million) for each of its divisions through local currency bonds. This effort is part of the conglomerate’s goal to raise a total of 100 billion rupees during this year.

Business

Aug 11, 2023

Optimist Outlook: In The Next 6 To 12 Months, Half Of VC Investors Anticipate A Resurgence In Start-Up Financing.-thumnail

Optimist Outlook: In The Next 6 To 12 Months, Half Of VC Investors Anticipate A Resurgence In Start-Up Financing.

According to a Redseer report, 1,000–1,200 agreements are anticipated to be completed in 2024. According to a Redseer Strategy Consultants poll, 50% of venture capital (VC) investors are optimistic about

Finance

Aug 11, 2023

China to replace $140 billion in LGFV debt with local bonds-thumnail

China to replace $140 billion in LGFV debt with local bonds

In order to pay off the debt of local-government financing vehicles (LGFVs) and other off-balance-sheet issuers, China will let local governments raise approximately 1 trillion yuan ($140 billion) through bond sales, according to a Friday report by Bloomberg News.

Business

Aug 11, 2023

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry-thumnail

Fame III: Government proposes up to 50,000 crore corpus to support EVs industry

The government has revealed the draft of the FAME III, which includes a budget allocation of Rs 40,000 50,000 crore to support vehicles (EVs).

Automotive

Aug 11, 2023

Truecaller introduces an AI-enabled call-answering feature for users-thumnail

Truecaller introduces an AI-enabled call-answering feature for users

Truecaller has recently launched Truecaller Assistant, an AI-powered feature that helps users manage their calls efficiently.

Artificial Intelligence

Aug 11, 2023

Pyramid Technoplast IPO is to open for subscription on 18th August-thumnail

Pyramid Technoplast IPO is to open for subscription on 18th August

Pyramid Technoplast, a company specializing in packaging plans to initiate its Initial Public Offering (IPO) between August 18 and 22 following the trend of public offerings this month.

Business

Aug 11, 2023

Ather Energy set to electrify the market with triple scooter launch-thumnail

Ather Energy set to electrify the market with triple scooter launch

In order to increase Ather Energy’s market share in the extremely competitive electric scooter sector, the Ather 450S is positioned to be a more affordable electric scooter. This product is projected to immediately compete with the soon-to-be-released Ola S1 Air.

Business

Aug 11, 2023

Following Joe Biden’s China tech sanctions, US investors are concerned about reprisal-thumnail

Following Joe Biden’s China tech sanctions, US investors are concerned about reprisal

While the market mostly ignored President Joe Biden’s decision to limit some US technology investments in China, US investors expressed concern that Beijing might retaliate or refrain from purchasing American technology.

Business

Aug 11, 2023

Bittrex, the bankrupt cryptocurrency exchange, will pay $24 million to settle with the US Securities and Exchange Commission-thumnail

Bittrex, the bankrupt cryptocurrency exchange, will pay $24 million to settle with the US Securities and Exchange Commission

The US Securities and Exchange Commission (SEC) has filed a complaint in federal court in Seattle alleging that Bittrex failed to register with the agency. Bittrex agreed to pay $24 million to resolve the claim.

News

Aug 11, 2023

‘Ability to stay invested indefinitely’: Zerodha invests Rs 1,000 crore in Rainmatter to support businesses-thumnail

‘Ability to stay invested indefinitely’: Zerodha invests Rs 1,000 crore in Rainmatter to support businesses

Nithin Kamath, CEO of Zerodha, stated on Wednesday that the company has expanded its investment in its startup accelerator fund, Rainmatter. According to Kamath, the allotment has been enhanced by Rs 1,000 crore. He noted that the fund has invested about Rs 400 crore in the last seven years. 

Business

Aug 11, 2023


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