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Joint Agreement Between GE and Hindustan Aeronautics to Produce Fighter Jet Engines in India-thumnail

Joint Agreement Between GE and Hindustan Aeronautics to Produce Fighter Jet Engines in India

General Electric’s aerospace unit, in collaboration with India’s state-owned Hindustan Aeronautics, has announced a significant agreement to manufacture engines in India for the Indian Air Force’s fighter jets. This announcement

Manufacturing

Jun 23, 2023

British Retail Sales Beat Expectations in May Despite Inflationary Pressure-thumnail

British Retail Sales Beat Expectations in May Despite Inflationary Pressure

British retail sales in May defied expectations by posting a surprising increase, buoyed by an additional bank holiday celebrating the coronation of King Charles. The data suggests that most consumers

News

Jun 23, 2023

India and The US Establish Ground-Breaking Partnerships In Quantum Computing And Artificial Intelligence-thumnail

India and The US Establish Ground-Breaking Partnerships In Quantum Computing And Artificial Intelligence

India and The US Establish Ground-Breaking Partnerships In Quantum Computing And Artificial Intelligence.

Business

Jun 23, 2023

Indian Railways enters into an agreement with a leading US organization to concentrate on lowering carbon footprints-thumnail

Indian Railways enters into an agreement with a leading US organization to concentrate on lowering carbon footprints

A Memorandum of Understanding (MoU) was signed on June 14 by the Indian Railways (IR) and the autonomous US federal agency, USAID/India.

Business

Jun 23, 2023

Reliance Jio planning to raise a $1.6 billion loan for equipment purchases from Nokia-thumnail

Reliance Jio planning to raise a $1.6 billion loan for equipment purchases from Nokia

Reliance Jio Infocomm Ltd., the esteemed Indian company, is reportedly engaged in discussions to secure a substantial loan of approximately $1.6 billion.

Business

Jun 23, 2023

By the end of 2023, BluSmart Mobility plans to double its fleet to 10,000 electric cars-thumnail

By the end of 2023, BluSmart Mobility plans to double its fleet to 10,000 electric cars

BluSmart Mobility, an Indian electric vehicle (EV) ride-hailing platform, recently raised $42 million in a bridge deal that was co-led by its current backers, BP Ventures and Survam Partners. BluSmart

Automotive

Jun 23, 2023

Adani group stocks witnesses slump as US authorities start scrutiny-thumnail

Adani group stocks witnesses slump as US authorities start scrutiny

Sources reveal that the US Attorney’s Office in Brooklyn, New York, has taken an active interest in this matter. In recent months, they have sent inquiries to institutional investors who hold significant stakes in the Indian conglomerate.

News

Jun 23, 2023

Adani-EdgeConneX JV raises $213 million for two data centers-thumnail

Adani-EdgeConneX JV raises $213 million for two data centers

On Friday, the largest data centre financing deal in India was announced by AdaniConneX, a data centre provider and 50:50 joint venture (JV) between Adani Enterprises and EdgeConneX. In a

News

Jun 23, 2023

Focused on gaming and media Lumikai makes its second offering with a $50 million corpus goal-thumnail

Focused on gaming and media Lumikai makes its second offering with a $50 million corpus goal

The second fund from Indian gaming and interactive media firm Lumikai has been launched with a target corpus of $50 million from international investors.

Entertainment

Jun 23, 2023

Deloitte and Key Board members resign from the ed-tech firm Byju’s-thumnail

Deloitte and Key Board members resign from the ed-tech firm Byju’s

Ed-tech firm Byju’s, despite being a major beneficiary of the pandemic-induced surge in online learning, unexpectedly witnessed a decline in revenue for FY21.

Business

Jun 23, 2023

Economic Crisis in Pakistan Fuels Surge in Irregular Migration to Europe-thumnail

Economic Crisis in Pakistan Fuels Surge in Irregular Migration to Europe

The ongoing economic crisis in Pakistan has spurred a dramatic increase in irregular migration toward Europe, as individuals in dire circumstances seek enhanced prospects and financial stability overseas. Pakistan’s economy is grappling with severe challenges, characterized by soaring inflation and a contracting industrial sector, which has led to widespread unemployment and financial hardship. Against this backdrop, an escalating number of Pakistanis are resorting to illicit means to migrate to Europe, even at the peril of their lives.

Economy

Jun 23, 2023

Nivruti Rai, the head of Intel India, leaves her position after 29 years-thumnail

Nivruti Rai, the head of Intel India, leaves her position after 29 years

In 2022, Rai received the Nari Shakti Puraskar in recognition of her outstanding efforts to advance women’s rights. Nivruti Rai, the head of Intel India, has left the organisation after

Industry

Jun 23, 2023


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