Swiggy seeks Shark Tank Sponsorship, Excludes Zomato’s CEO
Shark Tank India's fourth season could see Swiggy, the food and grocery delivery platform headed for an IPO close to landing a ₹25 crore sponsorship deal.Zomatos CEO and founder Deepinder…
OpenAI raises $6.6 billion from multiple giant companies
On Wednesday, OpenAI, the parent company of ChatGPT, put out a statement saying that they have generated $6.6 billion in venture capital investments, taking a shift away from its nonprofit…
Private investment sites for power projects: Small Nuclear Reactors gain traction
As India plans to get into the manufacturing value chain of Small Modular Reactors (SMR), a handful of private firms have shown interest in deploying these at their investment sites.…
Adani Energy Solutions Aiming at Leap Growth with $18.5 Billion Valuation
Adani Energy Solutions Ltd. (AESL) is the power transmission utility of the Adani Group, valued at a staggering $18.5 billion, and all indications are that it will capture significant growth…
India to Become Third-Largest Economy by 2030-31: S&P Report
With a projected yearly growing rate of 6.7 per cent this fiscal, India is set to emerge as the third-largest economy by 2030-31. This was projected by the S&P Global’s…
Reliance Power shares hit upper circuit
The shares of Reliance Power Ltd. have hit upper circuit as the company settled Rs. 3,872 crore of debt due to being a guarantor for Vidarbha Industries Power (VIPL). The…
GST Council Cuts GST on Cancer Drugs, Defers Decision on Health Insurance to November
The 54th GST Council presided over by Union Finance Minister Smt. Nirmala Sitharaman reduced the GST on certain cancer-treating medicines from 12% to 5%. The decision forms part of several…
From 1 lakh to 5 lakh per transaction UPI limit increases; RBI has introduced new features
The earlier limit was Rs 1 lakh; the new limit has been reduced to Rs 5 lakh. The objective of the increase in the limit is to facilitate enhanced convenience…
Defence Ministry proposes Rs 70,000-cr warship order for Naval Forces
A contract of Rs. 70,000 crores is proposed by the Ministry of Defense in order to initiate Project 17-B. The project aims at building advanced frigates and warships for the…
Jio Emerges as World’s Largest Telecom Operator; Profits up by 12%
Reliance Jio has emerged as the largest telecom operator in terms of data usage, striking a net profit of Rs. 5,445 crore for the first quarter of Fiscal Year 2024-25.…