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US-based Invesco raises Swiggy’s valuation to $8.3 bn

US-based Invesco raises Swiggy’s valuation to $8.3 bn

New Delhi, Jan 4 (IANS) US-based investment company Invesco has raised IPO-bound food delivery platform Swiggy’s valuation to about $8.3…
IndiGo announces to remove fuel charges after reduction in ATF

IndiGo announces to remove fuel charges after reduction in ATF

New Delhi, Jan 4 (IANS) Budget carrier IndiGo on Thursday announced the removal of fuel charge applicable on its on…
In the last few days, globally markets are correcting

In the last few days, globally markets are correcting

New Delhi, Dec 4 (IANS) A predictable market trend is that high valuations will lead to corrections. The unpredictable part…
Superpedestrian to auction 20K e-scooters after winding up operations

Superpedestrian to auction 20K e-scooters after winding up operations

San Francisco, Jan 4 (IANS) Electric scooter company Superpedestrian has shut down operations and will put more than 20,000 e-scooters…
6 carmakers to recall over 72,000 vehicles for faulty parts

6 carmakers to recall over 72,000 vehicles for faulty parts

Seoul, Jan 4 (IANS) Tesla Korea, Hyundai Motor and four other carmakers will recall over 72,000 vehicles due to faulty…
Intel launches enterprise GenAI software firm with Arun Subramaniyan as CEO

Intel launches enterprise GenAI software firm with Arun Subramaniyan as CEO

New Delhi, Jan 4 (IANS) Chip giant Intel has announced a new enterprise-focused generative AI (GenAI) software company called Articul8…
Industry veteran CP Gurnani joins upGrad’s board to help it expand globally

Industry veteran CP Gurnani joins upGrad’s board to help it expand globally

New Delhi, Jan 4 (IANS) In a bid to further help upGrad become a highly export-oriented product, Indian IT industry…
Burman family raises concerns over allotment of 8% stake in RFL to Rashmi Saluja through ESOPs

Burman family raises concerns over allotment of 8% stake in RFL to Rashmi Saluja through ESOPs

New Delhi, Dec 3 (IANS) The Burman family, which collectively owns 21.24 per cent of Religare Finvest Limited (RFL) through…
Investment deals worth Rs 7.17 tn signed ahead of Vibrant Gujarat summit

Investment deals worth Rs 7.17 tn signed ahead of Vibrant Gujarat summit

Gandhinagar, Jan 3 (IANS) Gujarat has inked preliminary investment agreements totalling a staggering Rs 7.17 trillion (approximately $86.07 billion) with…
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