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NVIDIA CEO Jensen Huang Reports 437,908 Shares Disposal at $181.93 Each

Jensen Huang, President and CEO of Nvidia Corporation (NASDAQ:NVDA), has reported a series of transactions involving the disposal and transfer of company shares, including...

Deeptech Startup Newtrace Secures $6.3 Mn in Pre-Series A Round

Bengaluru-based deeptech startup Newtrace has raised $6.3 million (INR 56.93 crore) in a pre-Series A funding round led by HDFC Bank and Mitsui Sumitomo...

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Grab is raising $856 million from Mitsubishi UFJ Financial Group, and TIS Inc

Singapore based ride-hailing startup Grab on Tuesday said that “It is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG), and $150 million...

Blume Ventures raises $41 million in Fund IIA

One of India's leading Venture Capital, Blume Ventures has announced that it has raised $41 million in Fund IIA. In an official statement, Blume Ventures...

GAIL to infuse Rs 1.05 lakh crore to create infrastructure for gas-based economy

GAIL India Ltd, the country's largest gas utility, will invest Rs 1.05 lakh crore over the next five years to expand pipelines, lay city...

Reserve Bank may offer Bandhan Bank more time to lower its promoters’ share

The Reserve Bank of India may offer additional time to Bandhan Bank to decrease its promoter shareholding in the bank. According to India's leading newspaper,...

SREI Infra Finance, CEO says, “Sector should raise resources on a sustained basis”

India's leading non-banking finance company, Srei Infrastructure Finance Limited, has said that “The sector which is going through liquidity crisis should be able to...

Coronavirus Outbreak: Mumbai airport begins the screening of air travelers arriving from Malaysia, Indonesia, Nepal, and Vietnam.

To meet with the central government's directives on the novel coronavirus outbreak (COVID-19), the Mumbai airport authority on Saturday said, “It has started screening...

Coronavirus Outbreak: Central govt asks its citizens to avoid all non-essential travel to Singapore

In furtherance to the travel advisory issued earlier in the wake of the deadly coronavirus outbreak, the government on Saturday advised citizens to avoid...

Biocon receives three observations from USFDA for its Insulin Glargine facility in Malaysia

India's leading biopharma company Biocon on Saturday said that “It has received three observations for its insulin manufacturing facility in Malaysia from the United...

Unacademy raises $110 million from Facebook, General Atlantic, Sujeet Kumar, and others

India -based online ed-tech startup Unacademy has raised $110 million in its post-funding round from Facebook, General Atlantic, in the participation of few other...

IATA: Asian airlines can lose $27.8 billion in revenue due to coronavirus outbreak

Airlines in the Asia-Pacific region stand to lose $27.8 billion (£21.6 billion) of revenue this year as they slash flights due to declining demand...

Coronavirus Alert: Three new cases of coronavirus registers in Iran after two deaths

Iran has confirmed three new coronavirus cases following the deaths of two elderly men, the health ministry told AFP on Thursday, as Iraq banned...

Panasonic launches its new IoT enabled ACs in India, plans to increase market share by 10% in the air-conditioner segment

Electronic maker Panasonic India is planning to increase its market share in the air-conditioners segment from six percent last year to 10 percent in...

Report: India to import record high volumes of LNG, as prices hit an all-time low on coronavirus outbreak

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting...

Subramanian Swamy, “GST is the biggest madness of the 21st century”

Describing India's latest tax reform GST as "the biggest madness of the 21st century," BJP leader and Rajya Sabha MP Subramanian Swamy on Wednesday...

Report: Arnab Goswami holds over 82 percent in Republic TV

Renowned journalist and broadcaster Arnab Goswami owns over 82 per cent stake in Republic TV, his company said on Wednesday, clearing the air around...

Prakash Javadekar: Cabinet approves Rs 4,558 crore scheme to promote the dairy sector

The Government of India on Wednesday said that “It has approved a Rs 4,558 crore scheme to promote the dairy sector, that will benefit...

Prince Charles launches 150 million pounds Tata’s Jaguar Land Rover innovation center

Prince Charles has formally launched a new 150-million pound Tata Motors' Jaguar Land Rover (JLR) innovation centre, Europe's largest automotive research and development facility...

RBI approves shareholding dilution plan of Kotak Mahindra Bank’s promoters

The Reserve Bank of India on Tuesday approved the shareholding dilution plan of Kotak Mahindra Bank's promoter. In a filing with the stock exchange, the...

Report: India antitrust watchdog founds now evidence of collusion by IndiGo, SpiceJet and others

Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo , and four rival carriers colluded to fix ticket...

SpiceJet to launch 20 new domestic flights by next month

Private airline carrier SpiceJet has announced that "It is launching 20 new flights on its domestic routes, including some services under the government's regional...

Coronavirus Effect: Apple sales to fall short, unlikely to meet revenue guidance

Apple Inc warned on Monday it was unlikely to meet its March quarter sales guidance set just three weeks ago as the world’s most...

Report: India overtakes UK, becomes 5th largest economy with $2.94 trillion GDP

India emerged as the world's fifth largest economy by overtaking the UK and France in 2019, says a report. A US-based think tank World Population...

China to accept tariff exemptions on additional US goods

China said on February 18 that it would accept applications for new tariff exemptions for 696 products imported from the United States including key...

Serum Institute of India collabs with Codagenix to develop a preventive vaccine against coronavirus

A Pune-based Serum Institute of India (SII) has developed a preventive vaccine against coronavirus (COVID-19) in the partnership with American biotechnology company Codagenix. According to...

Coronavirus update: Singapore Airlines to cut flights as coronavirus epidemic hits demand

Singapore Airlines Ltd will temporarily cut flights across its global network in the three months to May, it said on February 18, as a...

ICICI Bank secures Rs 945 crore through issuance of Basel III compliant bonds

India's leading private bank, ICICI bank on Monday said, that, “It has secured Rs 945 crore through issuance of Basel III compliant bonds on...

GE partners Vedanta Ltd, will install digital smelter in aluminium plant at Jharsuguda

Vedanta Limited, on Monday, announced that it has partnered with GE, “To install digital smelters in their aluminium plants at Jharsuguda in Odisha.” In a...

JWS Energy to acquire GMR’s 1050 MW thermal power plant for Rs 5,321 crore

JWS Energy has announced its plan to acquire GMR Energy Ltd's 1,050 MW thermal power plant in Odisha for Rs 5,321 crore. In a filing...

Hindu Mahasabha chief suggests Chinese President Xi Jinping to “create an idol of Corona and seek forgiveness”

As the world is working on how to tackle the novel coronavirus (COVID-19), All India Hindu Mahasabha chief Swami Chakrapani on Monday said that...

Vistara codeshare pact with United Airlines comes into effect from last Friday

India's leading private airline, Air Vistara on Monday said, that “The codeshare agreement between Vistara and United Airlines has come into effect from last...

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