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Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund-thumnail

Vivriti Asset Management seeks $250 million to launch India ABS Private Debt Fund

A new fund for investing in small and medium-sized businesses has been developed by Vivriti Asset Management Private. It is referred to by the company as the first debt fund

Finance

May 23, 2023

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT-thumnail

Go First’s bankruptcy is upheld by NCLAT, and lessors are urged to switch to NCLT

The appeals panel had scheduled a decision on the aircraft lessors’ argument on May 15. On May 10, Go First’s voluntary request to start an insolvency resolution procedure was accepted

Finance

May 22, 2023

ONGC, Oil India in talks for half stake in $3.4 bn Kenya oilfield-thumnail

ONGC, Oil India in talks for half stake in $3.4 bn Kenya oilfield

New Delhi, India’s leader abroad oil firm ONGC Videsh has another accomplice in Oil India Ltd to supplant a hesitant IndianOil (IOC) for the possible securing of a 50 percent

News

May 22, 2023

Ryanair Beats, M&S at Buyers’ Impulse: EMEA Income Week Ahead-thumnail

Ryanair Beats, M&S at Buyers’ Impulse: EMEA Income Week Ahead

From minimal expense aircraft Ryanair Possessions Plc to dress and natural pecking order Imprints and Spencer Gathering Plc, income this week will uncover more about the well-being of the shopper

News

May 22, 2023

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback-thumnail

NatWest Moves Closer to Private Ownership with £1.3 Billion Share Buyback

British state-backed bank NatWest has taken a significant step towards full private ownership by agreeing to repurchase £1.3 billion ($1.6 billion) worth of its shares from the government. This move

Finance

May 22, 2023

Nvidia encroaches on Intel, AMD territory in supercomputers-thumnail

Nvidia encroaches on Intel, AMD territory in supercomputers

Nvidia Corporation has recently collaborated with the University of Bristol in the United Kingdom to develop a cutting-edge supercomputer, utilizing a new Nvidia chip that aims to rival industry giants

Manufacturing

May 22, 2023

General Atlantic invests an extra $100 million in PhonePe-thumnail

General Atlantic invests an extra $100 million in PhonePe

The fresh financial injection has pushed PhonePe’s raised cash to a total of $850 million in the current round.  PhonePe is built on the UPI (Unified Payment Interface) platform, which

Investment & Funding

May 22, 2023

Indian government announces plan to improve ties with Pacific island nations-thumnail

Indian government announces plan to improve ties with Pacific island nations

The Pacific island countries were reassured by Prime Minister Narendra Modi during his speech at the Forum for India-Pacific Islands Cooperation (FIPIC) summit that India is a dependable development partner.

News

May 22, 2023

Previous Financial Backer Dear GLP Is Currently Sliding Into Trouble in Asia-thumnail

Previous Financial Backer Dear GLP Is Currently Sliding Into Trouble in Asia

Significant Asian strategies administrator GLP Pte was for a really long time pursued by financial backers, both when it initially opened up to the world quite a long time back

News

May 22, 2023

Indian Shares Rebound with Focus on IT and Pharma Stocks-thumnail

Indian Shares Rebound with Focus on IT and Pharma Stocks

Indian shares began the week on a subdued note but quickly recovered, driven by gains in the information technology (IT) and pharmaceutical sectors. Investors saw buying opportunities at key levels

News

May 22, 2023

Binny Bansal plans to invest in Prime Volleyball Bengaluru-thumnail

Binny Bansal plans to invest in Prime Volleyball Bengaluru

Binny Bansal, the co-founder of Flipkart, is in advanced talks to purchase a stake in the Bengaluru franchise of the volleyball team competing in the Prime Volleyball League (PVL), according

Investment & Funding

May 22, 2023

A Large Global Outage Of Instagram Occurred, With Thousands Of Claims Coming From India-thumnail

A Large Global Outage Of Instagram Occurred, With Thousands Of Claims Coming From India

On Downdetector.in, Instagram outage complaints experienced a sharp increase. Over 9,500 outages in India were recorded by the website that monitors outages throughout the world. Worldwide and in India, Instagram

News

May 22, 2023


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