Reliance Industries Is All Set To Acquire California-Based SenseHawk
Oil to telecom amalgamation Reliance Industries has final agreements with California-based software development company SenseHawk to acquire a 79.4% stake in the company. As per RIL’s official statement, the acquisition has a valuation of $32 million and will happen through primary infusion and secondary purchase. Established in 2018, SenseHawk is a California-based company that develops…
India Becomes World’s 5th Largest Economy- Beats The UK
India has left behind the United Kingdom to become the world’s 5th largest economy. As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy. A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…
10 Best Chief Medical Officers in India 2022
The 10 best chief medical officers in India are not only essential leaders of their health facilities but also contribute in shaping the future of healthcare facilities in India. CMOs are responsible for patient care; besides, they hold a key vote in shaping the strategies for their business. Furthermore, even CEOs from different sectors agree…
Most Valued Startups Of All Time Making Billions In Their Sector
Many startups struggle to stay afloat in the competitive market, and most of them drown while settling on their feet. However, few startups manage to make it to the list of most valued startups of all time. Are you curious to know the highest valued startups in the world to inspire you? Based on their…
Piyush Goyal Will Head The Board Of Trade Meeting Next Month
Union Commerce and Industry Minister Piyush Goyal will chair a Board Of Trade meeting in the forthcoming month to find out how to raise India’s exports, an authorised person said. The respected board is an advisory body formed to look after the foreign trade policy of India. The Board meeting will be headed by Piyush…
Gautam Adani Now The World’s Third Richest Person
Gautam Adani, Asia’s richest person, has become the world’s third richest man. With a whopping $ 137.4 billion fortune, Gautam Adani has taken over France’s businessman Bernard Arnault and now trails Elon Musk and Jeff Bezos of the US in the ranking. It is the first time an Asian has broken into the top three…
Krishnamurthy Subramanian Appointed As Executive Director At IMF
Former Chief Economic Adviser, on Thursday, was appointed as the Executive Director of India’s International Monetary Fund (IMF) for the period of three years, effecting from 1 November 2022 until further orders. Mr Subramanian, currently a Finance Professor at the Indian School of Business, will replace Surjit S. Bhalla, who was appointed in 2019 for…
Will India’s Vote Against Russia Will Impact Indo-Russian Trade?
On Wednesday, India voted against Russia for the first time in the UNSC (United Nations Security Council) during a legislative vote on the Ukraine issue. UNSC, a powerful UN body of 15 members, invited Volodymyr Zelenskyy, the Ukrainian President, to address a gathering through video conference. Before this, India refused to vote against Russia at…
One97 Communication Approved Re-appointment Of Vijay Shekhar Sharma
The shareholders of One97 Communications, a brand that operates under Paytm, have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. IiAS, an investors advisory firm, said that Vijay made several commitments in the past to make the company profitable; however, these have not played out. According…
RBI Plans To Levy Charge In Payment System, Govt Denies
The Union Finance Minister on Sunday said that the government is not considering levying any charge carried out through the Unified Payments Interface (UPI). This came amid speculation when the Reserve Bank Of India (RBI) planned to impose costs on the payment system, including UPI, NEFT and IMPS. The central government also said that other…