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IPO-bound Jio Financial Services and US-based BlackRock form a $300mn JV to provide asset management services-thumnail

IPO-bound Jio Financial Services and US-based BlackRock form a $300mn JV to provide asset management services

Jio Financial Services (JFS) a separate division of Reliance Industries has teamed up with BlackRock to make its mark, in India’s asset management sector.

Business

Jul 27, 2023

‘AI is bigger than any country or organization,’ says one expert. Nick Clegg, Global President of Meta, weighs in on AI regulation-thumnail

‘AI is bigger than any country or organization,’ says one expert. Nick Clegg, Global President of Meta, weighs in on AI regulation

Nick Clegg, Meta’s Global President, recently spoke with Rahul Kanwal on India Today in an exclusive and informative debate about artificial intelligence (AI).

Artificial Intelligence

Jul 27, 2023

Meta’s Facebook touches 3 billion active users says Meta’s latest report-thumnail

Meta’s Facebook touches 3 billion active users says Meta’s latest report

Meta’s recent quarterly report showcases statistics, for its suite of applications, such as Facebook, WhatsApp, Instagram, Messenger, and Threads. These apps collectively boast 3.88 billion active users representing nearly half of the global population actively engaging with Metas platforms. Moreover, Facebook has witnessed a resurgence, in users now reaching a staggering 2.064 billion individuals.

Business

Jul 27, 2023

Theis Precision is fully acquired by BDK Valves and Gurukrupa Group-thumnail

Theis Precision is fully acquired by BDK Valves and Gurukrupa Group

On Wednesday, the western Indian real estate developer Gurukrupa Group and the producer of industrial valves BDK Valve Private Ltd. announced that they had successfully acquired the whole stock of Theis Precision Steel India Pvt. Ltd. (Theis Precision). The promoter group has now acquired a global company twice.

Business

Jul 26, 2023

Jose Leon is appointed as the new CEO of Dentsu X India-thumnail

Jose Leon is appointed as the new CEO of Dentsu X India

According to the business, he has over 26 years of work experience and has assisted businesses in generating income across several sectors. Digital advertising, media planning, content production, data and

CXO Insight

Jul 26, 2023

Insider trading charges are filed against British billionaire Joe Lewis by US-thumnail

Insider trading charges are filed against British billionaire Joe Lewis by US

The 86-year-old owner of the football team Tottenham Hotspur is accused of disclosing private information to his staff members and love interests, enabling them to negotiate deals worth millions of

Business

Jul 26, 2023

Morgan Stanley and Temasek join $300 million Australian fund-thumnail

Morgan Stanley and Temasek join $300 million Australian fund

In order to support investment in deep technologies deemed essential to the nation’s national interests, Main Sequence, the venture capital firm formed by Australia’s national research agency, raised A$450 million

Business

Jul 26, 2023

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision-thumnail

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision

On Wednesday, the Indian rupee may depreciate a little as a result of the rise in U.S. yields due to the potential for a hawkish Federal Reserve decision.

Economy

Jul 26, 2023

Visa partners with Adani Group to offer co-branded cards-thumnail

Visa partners with Adani Group to offer co-branded cards

Visa, the known digital payments company has entered into a partnership, with Indias Adani Group, which is led by the billionaire Gautam Adani.

Business

Jul 26, 2023

Wint Wealth gets SEBI license as a bond provider platform-thumnail

Wint Wealth gets SEBI license as a bond provider platform

Wint Wealth, a fintech startup based in Bengaluru has recently acquired a license from SEBI as a bond platform provider (OBPP). This license enables Wint Wealth to facilitate investments, in bonds for investors. The company has already facilitated investments of INR 1,000 Cr for around 50,000 investors.

News

Jul 26, 2023

Mahindra group acquires 4% stake in RBL bank; planning to become a strategic investor-thumnail

Mahindra group acquires 4% stake in RBL bank; planning to become a strategic investor

Reportedly a company affiliated with the Mahindra Group has made a move by acquiring around 4% ownership, in RBL Bank through trades on the market. It appears that they are

Industry

Jul 26, 2023

QIA planning to put in $1 billion in Reliance Retail at a $100 bn valuation-thumnail

QIA planning to put in $1 billion in Reliance Retail at a $100 bn valuation

It has been reported that the Qatar Investment Authority is currently engaged in discussions, with Reliance Retail regarding an investment that could range from $950 million to $1 billion.

Business

Jul 26, 2023


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