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The Indian Institute of Technology will open its first overseas campus in Tanzania-thumnail

The Indian Institute of Technology will open its first overseas campus in Tanzania

Tanzania’s Zanzibar will be home to the first Indian Institute of Technology campus to be established outside of India. In the presence of Dr Hussein Ali Mwinyi, President of Zanzibar, and Dr S. Jaishankar, Minister of External Affairs, a Memorandum of Understanding (MoU) for the establishment of an IIT Madras campus in Zanzibar, Tanzania, was signed on Thursday between the Ministry of Education (MoE), IIT Madras, and the Ministry of Education and Vocational Training (MoEVT), Zanzibar, Tanzania.

News

Jul 6, 2023

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe-thumnail

Pankaj Goel of Razorpay has been appointed as the new CTO of BharatPe

Since 2022, the fintech business BharatPe has been embroiled in a series of issues. Several C-suite executives have left the organization. Pankaj Goel has been appointed as the company’s new Chief Technology Officer by fintech upstart BharatPe.

Business

Jul 6, 2023

Haier; Appliance and TV manufacturer to invest 1000 cr on India expansion plans-thumnail

Haier; Appliance and TV manufacturer to invest 1000 cr on India expansion plans

Appliance manufacturer Haier has announced its plan to invest ₹1,000 crore in the next three years for manufacturing expansion and backward integration.

Investment & Funding

Jul 6, 2023

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment-thumnail

Reliance Jio to sign a $1.7 billion contract with Nokia for 5G network equipment

Reliance Jio Infocomm, a prominent telecom operator in India is on the verge of finalizing a significant contract worth $1.7 billion with Nokia for 5G network equipment. Alongside this deal, Jio is also set to strike a $2.1 billion agreement with Ericsson.

Business

Jul 6, 2023

Meta launches Threads; 2 million signups within 2 hours-thumnail

Meta launches Threads; 2 million signups within 2 hours

Mark Zuckerbergs’ company Meta has recently introduced Threads, a new service that can be seen as a rival to Elon Musks’ Twitter. Just like Twitter. Threads permit users to share

Business

Jul 6, 2023

Iberdrola Partners with Masdar for Offshore Wind Farm Development-thumnail

Iberdrola Partners with Masdar for Offshore Wind Farm Development

Spanish utility company Iberdrola (IBE.MC) has recently signed an exclusive agreement with Abu Dhabi’s Masdar to collaborate on the development of a significant offshore wind farm in the Baltic Sea,

Economy

Jul 5, 2023

4 major expert cuts: Coinbase stock falls on Piper Sandler downsize-thumnail

4 major expert cuts: Coinbase stock falls on Piper Sandler downsize

Here is your Ace Recap of the greatest expert cuts you might have missed today minimise at Coinbase Worldwide, US Steel, Lumentum, and VICI Properties. Piper player Sandler minimises Coinbase

Finance

Jul 5, 2023

ViewSonic launches compact touch screen with OLED tech in India-thumnail

ViewSonic launches compact touch screen with OLED tech in India

ViewSonic, a main worldwide supplier of visual arrangements, on Wednesday, reported the send-off of the VP-16 OLED, the brand’s most memorable convenient touch screen with OLED innovation, in the country.

New Launch

Jul 5, 2023

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL-thumnail

The FMCG sector will see revenue growth of 7-9% this fiscal year: CRISIL

Fast-moving consumer goods (FMCG) industry revenue is anticipated to increase by 7-9% this fiscal year, which is a somewhat slower rate than the 8-9% growth rate seen in the previous

Business

Jul 5, 2023

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges-thumnail

OPEC+ Alliance Commits to Supporting Oil Market Amidst Challenges

The ongoing cooperation between Russia and Saudi Arabia within the OPEC+ alliance remains robust, with both nations determined to take necessary measures to support the oil market.

Business

Jul 5, 2023

Indians for the first time emerged as leading travelers to the United States: IPK Int-thumnail

Indians for the first time emerged as leading travelers to the United States: IPK Int

India has emerged as the leading source of inbound travelers to the United States, surpassing countries like China, South Korea, and Japan in 2022. To accommodate the growing tourism boom, the US plans to open two new consulates in Bengaluru and Ahmedabad.

News

Jul 5, 2023

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals-thumnail

Reliance among BofA Protections’ main 10 Asia Pacific stock proposals

BofA Protections has given a ‘Purchase’ call for E Ink, Hundsun, Japan Carriers, Mazda Engine, PICC Gathering, Reliance Ventures, Samsung F&M, SBI Cards, and Joined Bottling works for the July-September

Finance

Jul 5, 2023


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