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Before the G20 meeting, the new runway at Delhi Airport is anticipated to open-thumnail

Before the G20 meeting, the new runway at Delhi Airport is anticipated to open

The runway was opened on July 14, 2023, making it the fourth runway in use at IGIA. Due to the instrument landing system’s (ILS) delayed activation, the new runway has only been utilized for takeoffs since it was commissioned.

News

Aug 25, 2023

Cognex Joins the OSARO Accomplices Coalition to Improve Pick-and-Spot Robots in Satisfaction Distribution Centres-thumnail

Cognex Joins the OSARO Accomplices Coalition to Improve Pick-and-Spot Robots in Satisfaction Distribution Centres

OSARO, a worldwide innovator in AI-empowered mechanical technology for online business, has invited Cognex Organization, the forerunner in modern machine vision, into the OSARO Accomplices Partnership, an environment of skill pointed toward conveying ideal computerization answers for clients.

Business

Aug 25, 2023

India to consider Tax cut if EV makers agree to manufacture in India-thumnail

India to consider Tax cut if EV makers agree to manufacture in India

India is currently in the process of formulating a fresh EV or electric vehicle policy, with a specific focus on reducing import taxes for automakers willing to engage in local manufacturing.

Automotive

Aug 25, 2023

Zepto raises $200 million and emerges as 2023’s first unicorn-thumnail

Zepto raises $200 million and emerges as 2023’s first unicorn

Zepto, an online grocery delivery service, secured $200 million in Series-E funding, valuing the business at $1.4 billion and elevating it to the status of 2023’s first unicorn.

Investment & Funding

Aug 25, 2023

Japanese tech giant SoftBank is likely to offload Zomato shares as lock-in Period ends-thumnail

Japanese tech giant SoftBank is likely to offload Zomato shares as lock-in Period ends

SoftBank, the technology company is preparing to divest its shares in Zomato as the lock-in period following the Blinkit deal comes to an end.

Business

Aug 25, 2023

Key leadership changes at PayU ahead of IPO, Anirban Mukherjee likely to be PayU Global CEO-thumnail

Key leadership changes at PayU ahead of IPO, Anirban Mukherjee likely to be PayU Global CEO

PayU, the fintech company backed by Prosus is going through some changes, in its leadership team after selling its global payments division to Rapyd. It is expected that CEO Laurent Le Moal, CFO Aakash Moondhra, and other executives will be leaving.

Business

Aug 25, 2023

Oil companies sue US over changes to the Gulf auction intended to protect whales-thumnail

Oil companies sue US over changes to the Gulf auction intended to protect whales

The Biden administration was sued on Thursday for its choice to withhold land from an upcoming sale of oil and gas leases in the Gulf of Mexico in order to protect an endangered whale. The lawsuit was brought by a trade association for the oil and gas industry, the state of Louisiana, and Chevron.

News

Aug 25, 2023

Reports say Saudi Arabia is considering a Chinese bid for a nuclear plant-thumnail

Reports say Saudi Arabia is considering a Chinese bid for a nuclear plant

The Wall Street Journal reported on Friday that Saudi Arabia is exploring a Chinese proposal to build it a nuclear plant, a decision that may thwart American interests in the country.

News

Aug 25, 2023

Huawei renews its patent licensing agreement with Ericsson-thumnail

Huawei renews its patent licensing agreement with Ericsson

In defiance of US warnings about the possibility of espionage by Beijing, Chinese telecom giant Huawei announced on Friday that it had renewed a licensing arrangement with Ericsson to utilize each other’s technologies.

Business

Aug 25, 2023

Thai exports dropped more than estimated in July, seen ascending in Q4-thumnail

Thai exports dropped more than estimated in July, seen ascending in Q4

Thai Exports shrank for a tenth sequential month in July, and by a far greater rate than anticipated, as worldwide interest stays drowsy, and the business service said on Friday it would be challenging to meet its entire year’s development target.

Business

Aug 25, 2023

Reliance Industries likely to sell another 8-10% stake in Reliance Retail Ventures-thumnail

Reliance Industries likely to sell another 8-10% stake in Reliance Retail Ventures

Reliance Industries, a conglomerate is considering selling a 8 10% stake, in Reliance Retail Ventures. The purpose of this move is to fund expansion plans reduce debt and prepare for a listing.

Business

Aug 25, 2023

Mastercard and crypto exchange Binance ends their crypto card partnerships-thumnail

Mastercard and crypto exchange Binance ends their crypto card partnerships

Mastercard and Binance have announced that they will suspend their cryptocurrency card services, in Argentina, Brazil, Colombia, and Bahrain starting from September 22nd.

Business

Aug 25, 2023


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