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Tag: Business
With record results and a $25 billion buyback, Nvidia adds jet fuel to AI optimism-thumnail

With record results and a $25 billion buyback, Nvidia adds jet fuel to AI optimism

The demand for Nvidia’s processors was greatly surpassed by its quarterly revenue prediction on Wednesday, and the company also announced it will repurchase $25 billion worth of stock, sending its shares surging after hours.

AI

Aug 24, 2023

Reliance Retail Ventures will get an 8,278 crore investment from Qatar Investment Authority in exchange for a 0.99% ownership holding-thumnail

Reliance Retail Ventures will get an 8,278 crore investment from Qatar Investment Authority in exchange for a 0.99% ownership holding

Reliance Retail Ventures Limited (“RRVL”) announced today that the Qatar Investment Authority (“QIA”) will invest 8,278 crore in RRVL, a subsidiary of Reliance Industries Limited, through a wholly-owned subsidiary.

Business

Aug 23, 2023

SpyCloud Raises $110 Million Growth Round Led by Riverwood Capital to Accelerate Identity Threat Protection-thumnail

SpyCloud Raises $110 Million Growth Round Led by Riverwood Capital to Accelerate Identity Threat Protection

SpyCloud gives organizations automated avoidance of the top assault vectors utilized by modern lawbreakers, forestalling the most expensive designated assaults.

Business

Aug 23, 2023

SecureAuth Declares New Channel Associations with IDMWORKS and Opkalla-thumnail

SecureAuth Declares New Channel Associations with IDMWORKS and Opkalla

SecureAuth, a forerunner in cutting-edge confirmation and access to the board, today declared new channel organizations with IDMWORKS, and Opkalla to convey its passwordless consistent verification arrangement, Arculix.

Business

Aug 23, 2023

Power Transmission & Distribution Business of L&T Construction Acquires Orders.-thumnail

Power Transmission & Distribution Business of L&T Construction Acquires Orders.

The business has been given the go-ahead to build a 220kV Gas Insulated Substation and related Transmission Lines in the United Arab Emirates by a reputable service provider to the

Business

Aug 23, 2023

Elon Musk’s X Intends To Discontinue Displaying Headlines On News Items And Promises To “Greatly Improve…”-thumnail

Elon Musk’s X Intends To Discontinue Displaying Headlines On News Items And Promises To “Greatly Improve…”

News story titles will no longer be displayed on Elon Musk’s social media network X (previously Twitter) in order to promote more interesting submissions.

Business

Aug 22, 2023

Life Insurance Corporation (LIC) acquires a 6.66 percent stake in Jio Financial Services-thumnail

Life Insurance Corporation (LIC) acquires a 6.66 percent stake in Jio Financial Services

Life Insurance Corporation (LIC) has recently purchased 6.66% of Jio Financial Services, which’s the banking financial division of Reliance Group led by Mukesh Ambani.

Business

Aug 22, 2023

For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete-thumnail

For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete

Dutch pension fund APG Asset Management are among the international investors competing to invest up to $250 million (roughly 2,080 crores) in Mahindra InvIT, according to an Economic Times report. 

Business

Aug 22, 2023

German car manufacturer Porsche planning to begin assembly of the Cayenne SUV in India-thumnail

German car manufacturer Porsche planning to begin assembly of the Cayenne SUV in India

Porsche, the luxury car manufacturer, from Germany, is apparently exploring the possibility of manufacturing its SUV, Cayenne in India.

Automotive

Aug 22, 2023

Bodhi Tree Systems buys an additional 2.89% stake in Viacom18 for Rs 953.23 crore-thumnail

Bodhi Tree Systems buys an additional 2.89% stake in Viacom18 for Rs 953.23 crore

Bodhi Tree Systems under the leadership of Uday Shankar and James Murdoch has recently purchased a 2.89% stake, in Viacom18 for an investment of Rs 953.23 crore.

Business

Aug 22, 2023

India Inc. has the possibility to earn Rs. 7,500 crores by volunteering for various causes-thumnail

India Inc. has the possibility to earn Rs. 7,500 crores by volunteering for various causes

According to research by the India Welfare Trust, the chance to raise Rs. 7,500 crores via staff volunteering for charitable purposes at India Inc. 

Business

Aug 21, 2023

Over 100 Jobs Are Lost At Intel In The US As The Company Seeks To Slash Costs-thumnail

Over 100 Jobs Are Lost At Intel In The US As The Company Seeks To Slash Costs

Intel, a US-based chipmaker business, has announced another wave of mass layoffs. According to a report by Sacramento Inno, the corporation has eliminated 51 jobs

Business

Aug 21, 2023


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