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Waaree Energies secures $1 billion in finance from ValueQuest-thumnail

Waaree Energies secures $1 billion in finance from ValueQuest

Solar panel producer Waaree Energies Ltd. has secured $1 billion in a fundraising round headed by investment company ValueQuest, which is renowned for focusing strategically on sustainable and forward-thinking businesses.

Business

Aug 7, 2023

US bank starts to pick its battles against new capital rules-thumnail

US bank starts to pick its battles against new capital rules

Since Washington regulators have unveiled a sizable reform package of post-financial crisis capital regulations, banking industry advisers are focusing on the provisions they see as most disruptive, such as risk

Business

Aug 7, 2023

Aramco Q2 benefit drops 38% to $30.1 billion, helps profit-thumnail

Aramco Q2 benefit drops 38% to $30.1 billion, helps profit

Saudi Middle Eastern state oil monster Aramco revealed a close to 38% drop in second-quarter net benefit on Monday amid more fragile oil costs and more slender refining and synthetic substances edges, as it supported its profit with another exhibition-connected payout.

Business

Aug 7, 2023

For the Mumbai HVDC Link project, Adani Energy Solutions obtained $1 billion in financing-thumnail

For the Mumbai HVDC Link project, Adani Energy Solutions obtained $1 billion in financing

The $1 billion Green HVDC connection project, which will enable the provision of additional renewable Energy to the city and sustain its expanding energy demand, was successfully closed financially, according to a Monday announcement by Adani Energy Solutions.

Business

Aug 7, 2023

Yatharth Hopsitals debuts on bourses at a 2% premium-thumnail

Yatharth Hopsitals debuts on bourses at a 2% premium

Yatharth Hospital & Trauma Care Services made­ its debut on August 7th, with a slight 2% premium instead of the­ predicted 20% surge prompte­d by market sentiment.

Business

Aug 7, 2023

Jai Shekhar Sharma bets big and is now Paytm’s top shareholder-thumnail

Jai Shekhar Sharma bets big and is now Paytm’s top shareholder

An off-market transfer would be used to buy a 10.3% interest in Paytm from Antfin by a foreign company owned by Jai Shekhar Sharma.

Business

Aug 7, 2023

Disprz Raises $30M in Series C Funding to Grow Presence in the US Market-thumnail

Disprz Raises $30M in Series C Funding to Grow Presence in the US Market

Disprz, a computer-based intelligence-fueled learning and skilling suite, has brought $30 Million up in its Series C funding round driven by Lumos Capital and 360 ONE Resource (IIFL), with support from Kae Capital, KOIS, and Dallas Funding.

Investment & Funding

Aug 7, 2023

With orders coming in from 620 locations, ONDC intends to focus more on Tier 2 and Tier 3 regions-thumnail

With orders coming in from 620 locations, ONDC intends to focus more on Tier 2 and Tier 3 regions

Users from 620 cities have placed orders on the Open Network for Digital Commerce (ONDC), despite no particular marketing efforts outside of the top five metropolises like Bengaluru and Delhi. The new version of the government-backed e-commerce network’s incentive program, which might be made public this week, is now expected to focus more on Tier 2 and higher.

Digital Transformation

Aug 7, 2023

Stock market today: An explanation of why industrial alcohol stocks are soaring right now-thumnail

Stock market today: An explanation of why industrial alcohol stocks are soaring right now

Stock market analysts claim that the latest notification by the Government of India (GoI) about the pricing of ethanol blending is the reason why these industrial alcohol manufacturing stocks are soaring today. The price increase for the ethanol that the public sector oil marketing companies (OMCs) purchase from distilleries was agreed on Wednesday last week by the Cabinet Committee on Economic Affairs, which is led by Prime Minister Narendra Modi. Companies in India that produce industrial alcohol would gain from this.

News

Aug 7, 2023

China’s Exports Face Further Contractions in July Amid Global Economic Challenges-thumnail

China’s Exports Face Further Contractions in July Amid Global Economic Challenges

China’s exports are projected to suffer another blow in July as the nation’s manufacturers grapple with reduced demand from international markets, where inflation and rising interest rates have created challenging conditions.

Business

Aug 7, 2023

Ola Electric lost two key executives, and two more are expected to follow-thumnail

Ola Electric lost two key executives, and two more are expected to follow

Two senior Ola Electric officials have resigned from their positions as the company’s head of strategy & planning and head of partnerships & corporate affairs, according to persons with knowledge

Automation

Aug 5, 2023

The government exploring live-streaming TV channels without the Internet through D2M technology-thumnail

The government exploring live-streaming TV channels without the Internet through D2M technology

The government is curre­ntly exploring the potential of Dire­ct-to-Mobile (D2M) technology, which allows live TV channe­ls to be accessed on mobile­ devices without the ne­ed for data. Discussions are underway with stake­holders, including telecom ope­rators. However, there­ are concerns about how D2M could impact data reve­nue.

Indian Govt

Aug 5, 2023


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