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India is preparing for multi-billion dollar battery subsidies-thumnail

India is preparing for multi-billion dollar battery subsidies

According to a proposal seen by the Financial Times, the Indian government is putting together a brand-new, multibillion-dollar battery subsidy programme for businesses that produce electricity grid batteries as they work to speed up the country’s switch to sustainable energy.

Business

Jun 28, 2023

Vedanta expands its technological push with a $4 billion display factory in India-thumnail

Vedanta expands its technological push with a $4 billion display factory in India

In order to build and manage a $4 billion facility in India, YJ Chen, the newly appointed CEO of Vedanta Resources Ltd.’s unproven display sector, is looking to acquire international

News

Jun 28, 2023

Maharashtra tops the list of public charging stations, followed by Delhi-thumnail

Maharashtra tops the list of public charging stations, followed by Delhi

According to figures from the Bureau of Energy Efficiency (BEE), a division of the Union Ministry of Power, Maharashtra has taken the lead in promoting electric cars (EVs), having the

News

Jun 27, 2023

China Takes Measures to Stabilize Falling Yuan: Signs of Unease Over Currency’s Slide-thumnail

China Takes Measures to Stabilize Falling Yuan: Signs of Unease Over Currency’s Slide

China has set a stronger trading band for its currency, the yuan, amid growing concerns over its rapid decline against the dollar. The country’s central bank, the People’s Bank of

Finance

Jun 27, 2023

European Antitrust Regulators Express Concerns Regarding Orange and MasMovil Merger-thumnail

European Antitrust Regulators Express Concerns Regarding Orange and MasMovil Merger

Antitrust regulators in the European Union (EU) have raised alarm over the proposed merger between Orange and MasMovil’s Spanish operations, citing potential negative impacts on competition and increased prices within the telecommunications sector.

News

Jun 27, 2023

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus-thumnail

Swiggy’s gross merchandise value increases to $2.6 billion in FY23: Prosus

According to its largest investor, Prosus, food and grocery delivery giant Swiggy’s gross merchandise value (GMV) only increased a little, from $2.3 billion in FY22 to $2.6 billion in FY2023—a gain of just about 13 percent.

Business

Jun 27, 2023

The Telegram version of Stories will soon be available-thumnail

The Telegram version of Stories will soon be available

Telegram stands apart because of its emphasis on privacy, encryption, and an open-source API. Along with the official Telegram applications and web interface, there is a tonne of unauthorized clients. various accounts on the same device are also permitted, as well as the usage of various devices with the same account (confirmed by SMS).

Business

Jun 27, 2023

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance-thumnail

Kabeer Chaudhary is promoted to global CEO of M&C Saatchi Performance

The global performance marketing company M&C Saatchi Performance, where Kabeer Chaudhary now holds the post of managing director for APAC, has elevated him to the role of global chief executive officer.

Business

Jun 27, 2023

This fiscal year, poultry income is expected to increase by 10%-thumnail

This fiscal year, poultry income is expected to increase by 10%

According to a research note by Crisil Ratings, the Indian poultry industry’s revenue would increase by 10% this fiscal year as a result of continued demand growth and moderating realizations, even as new capabilities come online and increase volume.

Business

Jun 27, 2023

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing-thumnail

BluJ Aero raises $2.25 million in seed funding for electric aircraft manufacturing

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

Investment & Funding

Jun 27, 2023

World Bank grants $391 million in loans for the development of Assam and Tripura-thumnail

World Bank grants $391 million in loans for the development of Assam and Tripura

In a momentous announcement on Monday, the World Bank rendered its seal of approval to bestow a staggering sum of USD 391 million in financing.

Finance

Jun 27, 2023

Digital India bill 2023 draft expected in next 15 days; to replace in next 15 days-thumnail

Digital India bill 2023 draft expected in next 15 days; to replace in next 15 days

The much-anticipated Digital India Bill is expected to be unveiled by the government within the next fortnight, according to media reports on Tuesday. This proposed legislation is likely to incorporate provisions that mandate companies to disclose how they utilize user data. Furthermore, companies may be obligated to inform users about the processing of their data, with non-compliance resulting in severe penalties.

Digital Transformation

Jun 27, 2023


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