CCI Approves Tata’s Acquisition of Wistron Infocomm
Tata Electronics, a venture of Tata Sons, has acquired 100% of Wistron Infocomm Manufacturing (India), an iPhone supplier, with the approval of the Competition Commission of India (CCI). This deal will boost Tata’s presence in the smartphone manufacturing sector and strengthen its partnership with Apple. Introduction Tata Electronics, a greenfield venture of Tata Sons Private […]
JSW’s 38% Stake in MG Motor: Approved by Competition Commission of India
The Competition Commission of India (CCI) has cleared the proposed acquisition of up to 38% stake in MG Motor India by JSW Ventures Singapore, a subsidiary of JSW International Tradecorp and part of JSW Group. The deal is expected to boost the growth prospects of MG Motor India, which is engaged in the manufacturing and […]
RBI Announces Revised Eligibility for UCBs in Second Schedule
The Reserve Bank of India (RBI) has announced new eligibility criteria for inclusion of Urban Co-operative Banks (UCBs) in the Second Schedule to the RBI Act, 1934. The Second Schedule lists the banks that are eligible to participate in the statutory liquidity ratio (SLR) and cash reserve ratio (CRR) requirements, and also enjoy certain benefits […]
Bajaj Finance: High CIBIL Score for Gold Loans Required?
Gold loans are one of the most convenient and hassle-free ways of financing your urgent needs. Whether you need funds for education, medical emergencies, business expansion, or any other purpose, you can rely on gold loans to meet your requirements. But what about your CIBIL score? Do you need a high credit score to avail […]
Seed Round Decoded: Dale Vaz’s Post-Swiggy Startup Journey
Dale Vaz, who served as the chief technology officer of food delivery giant Swiggy for three years, has launched his own startup in the fintech space. Aaritya Technologies, a personalized trading platform, has secured $6.8 million in seed funding from Accel Partners and Elevation Capital in September 2023. What is Aaritya Technologies? According to the […]
Uttarakhand Summit 2023: 10 MoUs with Netherlands Companies
The Uttarakhand Global Investors Summit 2023, held on December 8 and 9, was a landmark event for the state, which aimed to establish itself as a new investment destination with the theme ‘Peace to Prosperity’. The summit was inaugurated by Prime Minister Narendra Modi and addressed by Union Home Minister Amit Shah in the presence […]
Infosys’ AI-First Tech Enhances Australian Open 2024 Experience
The Australian Open 2024 (AO24) is not just a tennis tournament, but a showcase of how artificial intelligence (AI) can transform the game and the fan experience. Infosys, a global leader in next-generation digital services and consulting, is partnering with Tennis Australia to bring AI-first technologies to the centre court and beyond. AI for fan […]
Realme’s 100M Indian Sales in 5 Years; 2024 Product, Branding Focus
Realme, a global emerging consumer technology company, has achieved a remarkable milestone of 100 million smartphone sales in India in just five years of its inception. The brand has also become the fastest smartphone brand to reach this feat globally, according to Strategy Analytics. In this article, we will look at how Realme has achieved […]
Tata Motors’ Sanand Plant Set for EV Production from April
Tata Motors, India’s leading automobile company, is gearing up to start the production of electric vehicles (EVs) at its newly acquired Sanand plant in Gujarat from April 2024. The company aims to leverage the state-of-the-art facility and the strong supplier network in the region to boost its EV portfolio and market share. The Sanand plant […]
Oxford-TCS Partnership Ends, Future Collaborations Uncertain
Oxford University has announced that it has ended its relationship with Tata Consultancy Services (TCS) following technical glitches in online admission tests in 2023. TCS was hired by the university less than a year ago to design and deploy the admission tests for thousands of students annually. However, the university said that it received negative […]