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European Antitrust Regulators Express Concerns Regarding Orange and MasMovil Merger-thumnail

European Antitrust Regulators Express Concerns Regarding Orange and MasMovil Merger

Antitrust regulators in the European Union (EU) have raised alarm over the proposed merger between Orange and MasMovil’s Spanish operations, citing potential negative impacts on competition and increased prices within the telecommunications sector.

News

Jun 27, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023

The Telegram version of Stories will soon be available-thumnail

The Telegram version of Stories will soon be available

Telegram stands apart because of its emphasis on privacy, encryption, and an open-source API. Along with the official Telegram applications and web interface, there is a tonne of unauthorized clients. various accounts on the same device are also permitted, as well as the usage of various devices with the same account (confirmed by SMS).

Business

Jun 27, 2023

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance-thumnail

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance

The global performance marketing company M&C Saatchi Performance, where Kabeer Chaudhary now holds the post of managing director for APAC, has elevated him to the role of global chief executive officer.

Business

Jun 27, 2023

This fiscal year, poultry income is expected to increase by 10%-thumnail

This fiscal year, poultry income is expected to increase by 10%

According to a research note by Crisil Ratings, the Indian poultry industry’s revenue would increase by 10% this fiscal year as a result of continued demand growth and moderating realizations, even as new capabilities come online and increase volume.

Business

Jun 27, 2023

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing-thumnail

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

Investment & Funding

Jun 27, 2023

World Bank grants $391 million in loans for the development of Assam and Tripura-thumnail

World Bank grants $391 million in loans for the development of Assam and Tripura

In a momentous announcement on Monday, the World Bank rendered its seal of approval to bestow a staggering sum of USD 391 million in financing.

Finance

Jun 27, 2023

Digital India bill 2023 draft expected in next 15 days; to replace in next 15 days-thumnail

Digital India bill 2023 draft expected in next 15 days; to replace in next 15 days

The much-anticipated Digital India Bill is expected to be unveiled by the government within the next fortnight, according to media reports on Tuesday. This proposed legislation is likely to incorporate provisions that mandate companies to disclose how they utilize user data. Furthermore, companies may be obligated to inform users about the processing of their data, with non-compliance resulting in severe penalties.

Digital Transformation

Jun 27, 2023

The Amara Raja Infra Group secures a $130 million solar project in Bangladesh-thumnail

The Amara Raja Infra Group secures a $130 million solar project in Bangladesh

A new solar project has been secured in Bangladesh by Amara Raja Infra Private Limited (ARIPL), a company that is a component of the $1.75 billion Amara Raja Group. This project represents ARIPL’s debut in the global solar market and a new turning point for the business.

Business

Jun 27, 2023

The $2.5 billion project in Oman is being discussed by Vulcan Steel-thumnail

The $2.5 billion project in Oman is being discussed by Vulcan Steel

Two persons with knowledge of the conversations informed ET that Vulcan Steel, a privately held business owned by tycoon Naveen Jindal, is in talks with export credit agencies (ECAs) from

Finance

Jun 27, 2023

Former Samsung Executive Indicted for Alleged Trade Secret Theft in Connection with Foxconn-thumnail

Former Samsung Executive Indicted for Alleged Trade Secret Theft in Connection with Foxconn

South Korean prosecutors have filed a sealed indictment against former Samsung executive Choi Jinseog, alleging his involvement in stealing trade secrets to benefit Taiwan’s Foxconn. The indictment, reviewed by Reuters, reveals details of the case, including Choi’s alleged actions and the damages incurred by Samsung Electronics. While Choi denies all charges, the indictment sheds light on his consultancy firm, Jin Semiconductor, and its acquisition of confidential information from Samsung’s suppliers. This article explores the key developments and legal proceedings surrounding the case.

Business

Jun 27, 2023

Oben, an electric vehicle company, has raised Rs 40 crore in an expanded pre-Series A round-thumnail

Oben, an electric vehicle company, has raised Rs 40 crore in an expanded pre-Series A round

According to the company, the cash infusion will assist it in increasing its production capacity at the Bengaluru facility to 100,000 units per year as well as meeting the working

Investment & Funding

Jun 27, 2023


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