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Alibaba announces Daniel Zhang exits from cloud business
Daniel Zhang, according to Alibaba Group, will leave his position as Chairman and CEO of the company's cloud division. The move comes just two months after...
Panasonic to invest another Rs 300 crore in Andhra facility by 2026
Panasonic Electric Works India (PEWIN) is said to be investing another Rs 300 crore to increase capacity at its unit in Sri City, Andhra Pradesh...
IFSCA Chairman says companies can list directly at GIFT City by end of this year
The International Financial Services Centre Authority (IFSCA) Chairperson K Rajaraman said that the organization plans to operationalise...
Tejas obtains 750 cr rupees mobilisation advance from TCS for BSNL deal
Ankit Gupta, the CEO of OYO India, and Mandar Vaidya, the head of OYO Europe, have both left the travel technology business ...
Isha Ambani and Alia Bhatt join forces for kids’ clothing brand
Reliance Retail Ventures Ltd. and Alia Bhatt's kids’ clothing line recently announced their alliance. “I'm happy to announce that ...
Sebi probably to start using hourly settlement for trading
By the end of this fiscal year, the market regulator Securities and Exchange Board of India (Sebi) will roll out one-hour trade settlements in preparation...
CIPL signs agreement with SPMCIL worth Rs 137 crore to set up two data centres
The technology solutions company, CIPL (Corporate Infotech Pvt. Ltd.) has signed an agreement with government-owned bank note and security paper manufacturer SPMCIL worth Rs 137 ...
BITS Pilani to build wind tunnel for aerospace research
BITS Pilani is starting a ground-breaking effort to build a cutting-edge wind tunnel facility in Hyderabad. This facility can simulate wind speeds of up to...
Paytm’s Vijay Shekhar Sharma becomes its sole Significant Beneficial Owner
The Founder and CEO of Paytm, Vijay Shekhar Sharma has become its sole Significant Beneficial Owner (SBO) now that Antfin‘s shareholding reduced...
RBI permits banks to provide credit lines through UPI
According to a recent Reserve Bank of India circular, scheduled commercial banks in India can provide credit lines using the Unified Payments Interface (UPI). ...