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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

Minifeel, Mumbai based beauty start-up raises ₹3 crores in seed funding-thumnail

Minifeel, Mumbai based beauty start-up raises ₹3 crores in seed funding

Minifeel, a start-up based in Mumbai has secured ₹3 crore, in seed funding with 100X.VC as the leading investor. The platform offers high-quality beauty products at reduced prices. Enables customers

News

Jul 26, 2023

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details-thumnail

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details

Asian markets experienced a mostly weaker trading session on Wednesday as investors awaited the U.S. Federal Reserve’s decision on interest rates later in the day and sought clarity on China’s economic stimulus package.

Business

Jul 26, 2023

Australian Inflation Slows, Easing Pressure for Interest Rate Hike-thumnail

Australian Inflation Slows, Easing Pressure for Interest Rate Hike

The Australian economy witnessed a slowdown in Australian inflation during the second quarter, largely attributed to decreased costs of domestic holidays and petrol.

Economy

Jul 26, 2023

Nissan Motor to invest $663 million in Renault SA’s electric venture-thumnail

Nissan Motor to invest $663 million in Renault SA’s electric venture

Nissan Motor Co. and Renault SA have reached a crucial agreement to invest in the electric-vehicle venture, Ampere, concluding lengthy negotiations to stabilize their troubled automotive alliance.

Investment & Funding

Jul 26, 2023

Yatharth Hospital IPO opens for subscription from 28-30 July; price band at Rs. 285-300-thumnail

Yatharth Hospital IPO opens for subscription from 28-30 July; price band at Rs. 285-300

Investors and analysts, in the pharmaceutical and healthcare sectors are showing interest in Yatharth Hospital IPO. The company has a history of success promising growth projections and strategic plans for expansion making it highly recommended to subscribe to their offering.

News

Jul 26, 2023

Intel and Ericsson join hands to manufacture custom 5G chips together-thumnail

Intel and Ericsson join hands to manufacture custom 5G chips together

Intel and Ericsson join hands, the Swedish telecommunications gear maker, to develop a customized 5G networking chip.

Business

Jul 26, 2023

Open AI’s ChatGPT android version goes live; India is amongst the first to get access-thumnail

Open AI’s ChatGPT android version goes live; India is amongst the first to get access

OpenAI’s ChatGPT android version, the AI chatbot has been. Is now available to users in various countries including India, Bangladesh, Brazil, and the United States. Preorders are also open for nations as part of their expansion plans.

Business

Jul 26, 2023

Cognizant and Gilead Sciences agree to a $800 million deal-thumnail

Cognizant and Gilead Sciences agree to a $800 million deal

On Monday, Cognizant made an announcement that it was extending its IT service agreement with Gilead Sciences for an additional $800 million in estimated value over the following five years, continuing the current pattern of software giants landing huge deals.

Business

Jul 25, 2023

Emnify Presents Extraordinary SIM-based Usefulness with User Versatile eSIM Launch-thumnail

Emnify Presents Extraordinary SIM-based Usefulness with User Versatile eSIM Launch

Emnify, a main supplier of worldwide cell network arrangements, has reported the launch of its remarkable IoT eSIM stage. The Emnify IoT eSIM, moored in the eUICC engineering, is a mechanical first, setting beforehand distant functionalities in the possession of clients, opening flexibility and versatility in the IoT network.

News

Jul 25, 2023

Thales, the largest defense electronics provider in Europe acquires U.S. cybersecurity company Imperva for $3.6 billion-thumnail

Thales, the largest defense electronics provider in Europe acquires U.S. cybersecurity company Imperva for $3.6 billion

Thales, the defense electronics provider based in Europe is venturing into the field of cybersecurity through the acquisition of Imperva, a U.S. Company for a $3.6 billion. This strategic decision intends to strengthen their activities in cybersecurity expand their focus beyond defense operations and establish themselves as a global contender, in the realm of cyber warfare. The completion of this deal is expected by 2024.

Business

Jul 25, 2023


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