Business
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Air India to buy 220 Boeing planes for $34 billion
United States President Joe Biden hailed Air India's decision to purchase over 220 aircraft from Boeing and called it a "historic agreement between Tata-owned airlines and Boeing. This purchase will support over one million American jobs across 44 states, and...
Published On February 15th, 2023 -
Tata Group set to record highest growth in history: N Chandrasekaran
Tata Group is set to record the highest growth in its history, with both unlisted and listed entities growing upwards of 20%. Importantly, both traditional and new businesses have lined up large capex plans. Traditional businesses will fund their own...
Published On February 13th, 2023 -
Alibaba exits India’s Paytm, selling shares for $167 million
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal, stock exchange data showed. Buy Prime Test Series for all Banking, SSC, Insurance & other...
Published On February 11th, 2023 -
India’s first-ever municipal bond issue for retail opens
Indore Municipal Corporation (IMC) has launched India’s first public issue of municipal bonds intending to raise up to Rs 244 crore to fund a solar power project. This would be the first time a municipal body is targeting individual investors...
Published On February 10th, 2023 -
MobiKwik becomes India’s first app to support credit cards on UPI
India’s leading fintech, MobiKwik has become the first fintech apps to support RuPay Credit Cards on UPI. The development brings a new level of convenience to the millions of Indians who use UPI for their daily transactions. With nearly 50...
Published On February 9th, 2023 -
Edelweiss General Insurance rebranded itself as Zuno General Insurance
Zuno General Insurance Limited Edelweiss General Insurance has rebranded itself as Zuno General Insurance Limited (Zuno GI), which is a new age digital insurer with an aspiration to reimagine and redefine Insurance to make it easy, friendly, and transparent. According...
Published On February 8th, 2023 -
Reliance unveiled India’s 1st hydrogen-powered tech for heavy-duty trucks
Reliance Industries Limited (RIL) and Ashok Leyland unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) technology solution for heavy duty trucks. This technology was flagged off by PM Modi at the India Energy Week in Bengaluru. The Hydrogen tech solution...
Published On February 7th, 2023 -
Payment acceptance devices under PIDF increase to 1.87 crore till Dec 2022
Payment acceptance devices under PIDF Increase According to the RBI's most recent status report, there were approximately 1.87 crore physical and digital payment acceptance devices deployed under the Payments Infrastructure Development Fund (PIDF) Scheme as of December 31, 2022. Buy...
Published On February 6th, 2023 -
Government Approved Conversion of Rs 16,133 Crore Interest dues of Vodafone Idea into Equity
The government has approved conversion of over Rs 16,133 crore interest dues of debt-ridden Vodafone Idea into equity, after receiving a firm commitment from Aditya Birla Group to run the company and bring necessary investment, telecom minister Ashwini Vaishnaw said....
Published On February 6th, 2023 -
Google Invests $300 million in Artificial Intelligence Startup Anthropic
Google has invested around $300 million in Anthropic, an artificial intelligence startup whose technology is said to rival OpenAI, the company behind ChatGPT. According to the deal, Anthropic has agreed to purchase some of Google’s services to support its technology....
Published On February 4th, 2023
