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Business

3234 posts

Sebi to double the investment cap for AIFs and VCFs; new limit at $1.5 Bn

SEBI (Securities and Exchange Board of India), the regulatory authority on issues…
PhonePe secures SEBI approval for IPO

PhonePe looking to acquire Samsung-backed Indian mobile platform Indus OS: Report

PhonePe, the Walmart backed payment and UPI transaction platform is looking to…
Coinbase

Polygon, India’s own crypto, crosses $10 billion market cap

Polygon, India’s very own offering to the blockchain market, has officially crossed…

AT&T and Discovery join forces in a $43Bn deal to create a new entertainment powerhouse

A brand new entertainment powerhouse is on the cards, built as the…
CarTrade

Auto ecommerce major CarTrade to go public, hopes to raise ₹ 2,000 Crore through IPO

CarTrade, the online market platform for buying and selling automobiles, has decided…

Gojek and Tokopedia merge to form ‘GoTo Group’, Indonesia’s largest tech company

The strongest alliances are formed in the toughest of times. With COVID…
Disney+ Hotstar

Disney+ Hotstar sees dip in ARPU due to IPL’s suspension

With the Indian Premier League (IPL) 2021 suspended mid-season owing to the…
Alibaba

Alibaba registers first loss as a public company even with revenue growing by 64% to $28.6Bn

Amazon has done a lot of business over the past year, thanks…
Starlink

SpaceX partners with Google Cloud to enhance Starlink’s network services

Elon Musk-run SpaceX’s ambitious Starlink constellation, which is aimed at making high…
TikTok US outage ends and service restored

TikTok India CEO Nikhil Gandhi steps down, currently serving notice period: Report

Last year, escalating tensions between neighboring countries India and China had witnessed…

India to offer $2.46Bn worth of incentives to companies setting up battery manufacturing plants in the country

Unlike many other countries in the west, India is still highly reliant…
Bitcoin

Tesla says it wont accept Bitcoin as payment citing climate change concerns due to mining

The relationship between Elon Musk and cryptocurrency is a long and well-known…
Oyo

OYO shortens work week to 4 days, allows employees to avail infinite no-reasons-asked paid leaves till July

In a bid to protect its employees and customers from the raging…
softbank

Back from the dead: SoftBank records highest quarterly profit of $17.7Bn by a Japanese company till date

Let’s go back one year, to the start of the COVID 19…
Apple

iPhone production at Foxconn’s India facility halved due to rising COVID 19 threat: Report

Apple started assembling iPhones in India just a little while ago, and…
Flipkart

Flipkart in talks to raise $1 billion in pre IPO funding: Report

After 2020 caused a lot of damage to various sectors and industries,…
Twitter Logo

Twitter acquires Scroll, a news app that provides clutter free, ad-free access to quality journalism

In a bid to make its subscription service more robust, social media…
Discord

Sony to integrate Discord services into PlayStation; acquires minority stake

Sony Inc. has announced a brand new way to make its PlayStation,…
Jio and SpaceX to bring Starlink to India.

Reliance Jio posts $480 Mn profit in Q1’21, 2nd COVID-19 wave leads to revenue loss

Reliance Jio, the tech/telecom arm of the biggest company in India, has…