Author Archives
-
Bollywood Actress Sonam Kapoor Invests In Blockchain Game MechaFightClub
Advertisements Superstar Sonam Kapoor has become one of the early investors in a new blockchain-based fighting game called MechaFightClub (MFC), launched by Irreverent Labs. MechaFightClub is an innovative novel concept in gaming that will close out several technical gaps. MFC… Read More ›
-
Danish Business Leaders Hopeful Over Investment Prospects In India
Advertisements Danish business leaders, who met Prime Minister Narendra Modi in Copenhagen on Tuesday, expressed hope over investment prospects in India and growing bilateral cooperation between the two countries. Prime Minister Narendra Modi and his Danish counterpart Mette Frederiksen met… Read More ›
-
Food Delivery Giant Swiggy Acquires Times Internet’s Dineout For USD 200 Mn
Advertisements Food aggregator and delivery company Swiggy has signed an agreement with Times Internet to acquire restaurant table reservation platform Dineout. This also puts Swiggy directly in competition with Zomato’s table booking service Zomato Book which was launched last year… Read More ›
-
Ninjacart And IAN Invest USD 2 Mn In Agritech Startup Fyllo
Advertisements IAN, an existing investor, joined the US 2mn round in Fyllo, an agri-tech startup led by Triveni Trusts, Ninjacart and new investors Venture Catalysts, StarAgri, Kia Ora Ventures, Singualrity Ventures, Mastermind Capital and angel investors. The startup will use… Read More ›
-
Dalmia Cement Draws Up Plan To Invest INR 2,600 Cr In Tamil Nadu
Advertisements Cement-maker Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Ltd, has chalked out a INR 2,600-crore investment plan spread over the next four years to take up expansion of its existing facilities and also set up new manufacturing… Read More ›
-
Tata Motors Expects Capex To Increase To Up To INR 6,000 Cr In FY23
Advertisements Tata Motors expects its capex to increase to up to INR 6,000 Cr in the ongoing fiscal to support various programmes across its commercial, passenger and electric vehicles verticals, Group CFO P B Balaji said on Thursday. While the company has committed… Read More ›
-
Poonawalla Fincorp Limited Records Consolidated PAT Of INR 375 Cr in FY22
Advertisements The Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, 2022. Performance Highlights (Consolidated) • Assets… Read More ›
-
CPI Inflation Surges To 7.79% In April; Highest In 8 Years
Advertisements India’s retail inflation surged to 7.79 per cent on an annual basis in the month of April, data from the Ministry of Statistics and Programme Implementation showed on Thursday. The rise is attributed to higher edible oil and fuel… Read More ›
-
Private Investment In Artificial Intelligence To Transcend USD 135 Bn in 2022
Advertisements According to a latest report by MoneyTransfers.com, private investment in Artificial Intelligence more than doubled and skyrocketed to USD 93.5 Bn in 2021 globally. “2021 was especially exciting because it saw many new faces coming into the market. Only… Read More ›
-
SoftBank Cuts Down Investment In Paytm Parent Company
Advertisements Japan based, SoftBank Group Corp, have cut down their investment in Paytm’s parent company, One97 Communications. The investment now stands at USD 800 Mn amidst the stock taking a beating after it was listed in November, 2021. SoftBank met… Read More ›