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Tata Electronics Partners with Synopsys for Dholera Semiconductor
Recently Tata Electronics partners with Synopsys for its semiconductor fab plant in Dholera, Gujarat and signed a Memorandum of Understandig. This collaboration is set to boost India’s semiconductor manufacturing capabilities and place it on the global semiconductor map. Partnership Overview The partnership among Tata electronics and Synopsys will help in development of a foundry design […]
MapmyIndia Promoter Rakesh Verma to Sell 5 Lakh Shares
Recently MapmyIndia Promoter Rakesh Verma announced to Sell 5 Lakh Shares. Due to this annoucement MapmyIndia is currently in the spotlight. Verma is set to offload 5 lakh shares, raising eyebrows in the investment community. This move comes amidst a recent surge in MapmyIndia’s stock price, driven by positive analyst coverage. Understanding Rakesh Verma’s Stake […]
Rupeek Secures INR 200 Cr Funding Led by Elevation Capital
Recently Rupeek secures INR 200 Cr funding Led by Elevation capital, mark a significant impact in the company. Rupeek is a Bangalore-based fintech startup specializing in gold-backed loans. It’s currently in advanced negotiations to secure a substantial funding round amounting to approximately INR 200 Cr. This investment drive is set to be spearheaded by Elevation […]
Karnataka Targets $6.2B Tech Investments: Strategic Initiatives
In a significant stride, Karnataka targets $6.2B tech investments from major economies like the US, UK and various European nations. Spearheaded by Priyank Kharge, the Minister for IT and BT in Karnataka, this initiative aims to propel the state’s technological capabilities and foster economic growth. Strategic Focus Areas for Investment Priyank Kharge has identified several […]
CarTrade Shares Divested by The Investors: Impact Explained
In recent financial movements, CarTrade Shares Divested by significant players like Temasek, JP Morgan, and Warburg Pincus. The price of such divested shares are about amounting to a total of INR 535 crore. This move, which saw key transactions from Highdell Investment—a Warburg Pincus entity—and Temasek’s MacRitchie Investments, has garnered attention across the financial sector. […]
OYO Unveils First Luxury Hotel in Dubai: Introducing Palette Hotel
Recently to expand its premium hospitality offerings, OYO Unveils First Luxury Hotel in Dubai under the brand ‘Palette’. This initiative is poised to capitalize on the burgeoning influx of Indian tourists flocking to Dubai. It’s aiming to cater to their discerning tastes and preferences. Introduction to OYO’s New Luxury Venture OYO’s latest addition, the debut […]