Month: August 2023
National Guard: Governor activates Massachusetts national guard to help with migrant crisis
BOSTON: Democratic governor Maura Healey on Thursday activated up to 250 members of the Massachusetts National Guard to assist at shelters and hotels as the…
SoftBank Zomato stake sale: SoftBank likely to fully exit Zomato in coming months
Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to…
US: Indian national pleads guilty to defrauding telephone providers, insurance firms of millions of dollars
WASHINGTON: An Indian national on Wednesday pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using…
bain report startup capital: PE-VC investment inflow in ‘healthy territory’
Risk capital inflow into Indian companies and startups has entered “healthy territory” according to industry members as investments grew steadily in the second quarter of…
fintech elevation capital: Value of fintech-led businesses to rise to $400 billion by 2030: report
Around $400 billion worth of businesses will be created in the Indian fintech sector over the next seven years, growing four times from current levels,…
Cnn: CNN names Mark Thompson as new leader
NEW YORK: CNN is bringing in a former chief executive of the BBC and The New York Times in an attempt to turn around a…
Paris: French minister’s topless remark sparks outrage
PARIS: French journalist groups have condemned “sexist” remarks directed at women reporters by Eric Dupond-Moretti, the country’s combative justice minister.Dupond-Moretti made the offending comments Monday…
phonepe: PhonePe enters stock broking segment, launches Share.Market app
Bengaluru-based PhonePe is venturing into the stock and mutual fund investment space. On Wednesday, the startup launched Share.Market, which enables users to open trading accounts…
swiggy one membership: Swiggy tests bundling for ‘One’ subscriptions, experiments with pricing tiers
Food-delivery major Swiggy is working with banking and telecom firms to roll out bundled plans that include Swiggy One subscriptions. The company is also experimenting…
Zomato shares jump 5% as 1.16% equity traded via block deal; Softbank likely seller
Shares of food delivery app Zomato jumped 5% to day’s high of Rs 99.60 on a likely block deal in the pre-opening trade on Wednesday…