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ADIA to stake in India’s Lenskart with $500 Million-thumnail

ADIA to stake in India’s Lenskart with $500 Million

Abu Dhabi Investment Authority might close a deal with Lenskart for about $500 million. ADIA is a major holder of real estate in the institution of the U.S. through diversified

Finance

Mar 9, 2023

Jio’s Radisys to buy Mimosa for $60 mn to bolster 5G, broadband services-thumnail

Jio’s Radisys to buy Mimosa for $60 mn to bolster 5G, broadband services

Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries Ltd, has announced its intention to acquire communications equipment manufacturer Mimosa Networks for $60 million. The acquisition is aimed at bolstering

News

Mar 9, 2023

Dentsu appointed Harsha Razdan as CEO-thumnail

Dentsu appointed Harsha Razdan as CEO

Harsha Razdan is a skills CEO with 25 years of experience in FMCG (Fast Manufacturing Customer Goods) in companies like PepsiCo and Unilever. Dentsu is an Advertising and Service provider

CIO Insight

Mar 9, 2023

<strong>InCred Capital buys a 20% stake in HR tech company TeamNest</strong>-thumnail

InCred Capital buys a 20% stake in HR tech company TeamNest

On Thursday, the financial services company InCred Capital announced that it had purchased a 20% investment in TeamNest, an HR SaaS platform that aids companies in managing their payroll and

Finance

Mar 9, 2023

Tata Consultancy Services (TCS) on the Brink of Concluding Agreements Valued at $1 Billion with Marks & Spencer-thumnail

Tata Consultancy Services (TCS) on the Brink of Concluding Agreements Valued at $1 Billion with Marks & Spencer

India’s preeminent information technology corporation, Tata Consultancy Services (TCS), is allegedly nearing completion of a transaction worth a staggering $1 billion with the United Kingdom-based retail giant, Marks & Spencer

Industry

Mar 9, 2023

<strong>Nissan to develop new powertrains and may lower hybrid car prices by 30%</strong>-thumnail

Nissan to develop new powertrains and may lower hybrid car prices by 30%

Nissan Motor Co. is creating brand-new modular powertrains that will streamline production and reduce hybrid car manufacturing costs by as much as 30%. Toshihiro Hirai, senior vice president of the

Automotive

Mar 9, 2023

Meta Fixes Instagram’s outage -thumnail

Meta Fixes Instagram’s outage 

The public relations team of Instagram tweeted that the outrage occurred due to a technical issue. Instagram is a popular social media platform amongst the young generation, acquiring extensive market

News

Mar 9, 2023

<strong>Neobanking Unicorn Open’s FY22 Loss Widens 155% YoY To INR 167 Cr, Operating Revenue Up 7X</strong>-thumnail

Neobanking Unicorn Open’s FY22 Loss Widens 155% YoY To INR 167 Cr, Operating Revenue Up 7X

Bengaluru-based neobanking startup Open has reported a standalone net loss of INR 167.5 Cr in the financial year 2021-22 (FY22), representing a 155% YoY rise. The firm, which became India’s

News

Mar 9, 2023

“GIVA, a D2C Silver Jewellery Startup, Secures £3.5 Million Debt Funding from Alteria Capital”-thumnail

“GIVA, a D2C Silver Jewellery Startup, Secures £3.5 Million Debt Funding from Alteria Capital”

Indian direct-to-consumer D2C silver jewellery startup GIVA has secured INR 40 crore ($4.8m) in debt funding from venture debt company Alteria Capital. The company intends to use the funds to

News

Mar 9, 2023

<strong>Aakash provides $250 million in pre-IPO funding to Byju’s</strong>-thumnail

Aakash provides $250 million in pre-IPO funding to Byju’s

The most valuable ed-tech firm in the world, Byju’s, wants to raise up to $250 million by selling convertible notes through Aakash Educational Services, which provides tutoring services. They said,

Education

Mar 9, 2023

<strong>India faces high power cut risks after years of coal, hydropower neglect</strong>-thumnail

India faces high power cut risks after years of coal, hydropower neglect

India is at a high risk of power cuts during the night due to delays in adding new coal-fired and hydropower capacity, which could limit the country’s ability to address

News

Mar 9, 2023

<strong>International sales operations at Apple will be shaken up to separate India from other regions</strong>-thumnail

International sales operations at Apple will be shaken up to separate India from other regions

As a symbol of the country’s rising importance, Apple Inc. is reorganising the management of its worldwide companies to focus more on India. With the country’s surging demand, the change

Business

Mar 9, 2023


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