The electric vehicle (EV) revolution is transforming the automotive industry, offering significant growth opportunities for investors. To help you capitalize on this dynamic sector, Groww Mutual Fund has introduced a cutting-edge investment option: the Groww Nifty EV & New Age Automotive Fund of Funds (FOF). This innovative fund is tailored to harness the potential of the burgeoning EV market in…
In a groundbreaking move, a leading supermarket chain in the UAE has introduced Unified Payments Interface (UPI) payments across all its outlets nationwide. This marks a significant leap forward in digital payment solutions within the region.
Unified Payments Interface (UPI), an instant payment system developed by the National Payments Corporation of India (NPCI) in 2016, has gained global…
In a significant legal clash, India’s premier mapping application, MapMyIndia, has accused ride-hailing giant Ola of illegally reverse engineering its mapping data and using it to develop Ola Maps, the company’s newly launched indigenous mapping service. The allegations have surfaced following Ola’s recent introduction of Ola Maps, a move that was previously heralded as a major step towards…
Often seen in business casual attire with a composed demeanor, Muralikrishnan B, President of Xiaomi India, has played a pivotal role in steering the tech giant back to the forefront of India’s smartphone market. With a blend of calm professionalism and strategic insight, Muralikrishnan has guided Xiaomi through a series of challenging phases to reclaim its position as the number one smartphone…
Disney Set to Report Third-Quarter Earnings: What to Expect from the House of Mouse
Disney (DIS) is poised to release its third-quarter earnings report before the market opens on Wednesday, with investors keenly awaiting insights into the company’s financial performance and strategic updates. After facing losses in both the prior quarter and the same period last year, Disney is anticipated to…
Character.AI’s founders, Noam Shazeer and Daniel De Freitas, are rejoining Google’s AI division, DeepMind, alongside key members of their team. Character.AI, a startup known for its advanced chatbot technology, achieved a $1 billion valuation last year but has yet to generate revenue.
Shazeer and De Freitas, who left Google in 2021 to start Character.AI after their chatbot proposals were…
New Delhi: Bharat Heavy Electricals Limited (BHEL) has announced that it will conduct India’s first-ever demonstration of methanol-fired gas turbine technology at the 350 MW Kayamkulam Combined Cycle Power Plant (CCPP) operated by NTPC. This pioneering project, located in Alappuzha district, Kerala, represents a significant milestone in the country’s energy sector.
The demonstration aims to…
In a historic victory at the Paris 2024 Olympics, India’s men’s hockey team achieved a landmark win by defeating Australia 3-2, marking their first triumph over the Aussies in 52 years. Skipper Harmanpreet Singh was instrumental in this long-awaited success, scoring twice and leading his team to a second-place finish in Group B with ten points from five matches.
India’s last victory against…
The Nasdaq Composite index fell 2.2% on Friday, confirming a correction as it dropped 10.2% from its record high set on July 10. This decline reflects growing concerns over inflated valuations in the Big Tech sector and a weakening economy.
The Nasdaq’s latest drop was triggered by disappointing earnings forecasts from major tech companies such as Amazon and Intel, coupled with…
On August 2, the National Company Law Appellate Tribunal (NCLAT) approved a settlement between Byju’s and the Board of Control for Cricket in India (BCCI), providing a significant reprieve for the edtech giant. This settlement effectively halts the insolvency proceedings against Think and Learn, the parent company of Byju’s.
The NCLAT’s decision follows an undertaking that the repayment…
