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<strong>Bidders for Adani’s $2.5 billion share sale include IHC and ADIA</strong>-thumnail

Bidders for Adani’s $2.5 billion share sale include IHC and ADIA

IHC, located in Abu Dhabi, intends to purchase the largest portion of this share sale, amounting to almost $200 million. IHC invested about $2 billion in Adani’s businesses last year.

News

Jan 25, 2023

The government expects 5-7 countries to adopt India’s technology stack by March-thumnail

The government expects 5-7 countries to adopt India’s technology stack by March

According to Union minister Rajeev Chandrasekhar, it is expected that by March of this year, a total of five to seven countries will have agreed to implement technology platforms that

News

Jan 25, 2023

Sensex and Nifty both went down, Sensex by 850 points, Nifty below 17,900-thumnail

Sensex and Nifty both went down, Sensex by 850 points, Nifty below 17,900

In Wednesday’s market, the S&P BSE Sensex fell over 850 points to the day’s low, while the Nifty index went below 17,900.  There were only a handful of gainers in

Finance

Jan 25, 2023

Goa government to auction 5 iron ore mining blocks in North Goa-thumnail

Goa government to auction 5 iron ore mining blocks in North Goa

According to a senior official, the government of the Indian state of Goa has initiated the procedure of selling off the rights to mine iron ore in five additional blocks

Finance

Jan 25, 2023

Most Indians expect the budget to cover inflation-thumnail

Most Indians expect the budget to cover inflation

Three in four worries about rising inflation and want the government to take drastic action to combat it. Inflation and job insecurity continue to worry urban Indians as most consumers

Finance

Jan 25, 2023

Shares of Nazara Technologies rise again after the Q3 results are declared-thumnail

Shares of Nazara Technologies rise again after the Q3 results are declared

Shares of Nazara Technologies rose again in the Wednesday market, extending their gains again for the fourth day. The stock is currently trading at ₹634.75 on the Bombay Stock Exchange

Business

Jan 25, 2023

India’s 8000 crore green bonds debut today to see strong demand-thumnail

India’s 8000 crore green bonds debut today to see strong demand

According to the report, an encouraging response to the first sale is likely reflected in a price premium or “geranium” to the prevailing levels of the related conventional Treasuries. Business

Finance

Jan 25, 2023

Asian markets climb as Adani losses weigh on Indian stocks-thumnail

Asian markets climb as Adani losses weigh on Indian stocks

Wednesday saw a decline in Indian stocks as a result of losses at the Adani Group following concerns expressed by short seller Hindenburg regarding the conglomerate’s financial position, while broader

Industry

Jan 25, 2023

Proptech startup Landeed raises $8.3 million-thumnail

Proptech startup Landeed raises $8.3 million

According to a release, investors led by Draper Associates, Y Combinator, and Bayhouse Capital participated in the most recent investment round. Landeed, a startup in the proptech sector, has raised

News

Jan 25, 2023

Tesla plans a $3.6 billion expansion in Nevada to produce semi-trucks and batteries-thumnail

Tesla plans a $3.6 billion expansion in Nevada to produce semi-trucks and batteries

Tesla said Tuesday it is investing more than $3.6 billion to expand its Gigafactory in Nevada with two new factories. Tesla Inc said on Tuesday it would invest more than

Industry

Jan 25, 2023

Creator Economics Startup Rigi Raises Rs 100 crore from Elevation Capital-thumnail

Creator Economics Startup Rigi Raises Rs 100 crore from Elevation Capital

These funds will be used to invest in engineering to create better tools, add more categories of tools and expand its entity in Southeast Asia.  Rigi, a platform that helps

Business

Jan 25, 2023

With its code-writing and generative AI software, Microsoft attracts users-thumnail

With its code-writing and generative AI software, Microsoft attracts users

Microsoft said this week that it will fund OpenAI, which is at the forefront of generative AI, with a multibillion-dollar investment that includes supercomputer development. Microsoft Corp. sought to reassure

News

Jan 25, 2023


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