Nifty Crosses 20,000 Points For First Time In History
The Nifty 50 benchmark has crossed 20,000 points due to its strong inflows and macroeconomic indicators. Recently, the stock market in India saw a notable upswing in day trading, with the Nifty index crossing by 188.2 points or 0.94%. This impressive jump in the stock market resulted in Nifty breaking an all-time record high of…
Foxconn & STMicro To Tie Up For Semiconductor Plant
Foxconn Technology Group, a Taiwanese multinational electronics contract manufacturer, has recently planned to tie up with STMicroelectronics NV, which is a Franco-Italian semiconductor manufacturer. Basically, this partnership is planned to develop a semiconductor plant in India. The two companies are keen to expand their business presence in the South Asian country and hope to receive…
TCS Alliance With JLR Worth £800 Million To Grow Digitally
“TCS and JLR Digital are going to alliance in a new partnership worth £800 Million. This new partnership expands and deepens their work relationship” Tata Consultancy Services (TCS) has recently announced a tactical partnership with JLR Digital unit. The main objective of this partnership is to transform, simplify, and manage JLR’s digital estate. Additionally, TCS…
The Glimpse Of Global Fintech Fest 2023- Day 1
The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…
India Is On The Path To Become Third-Largest Economy
On the episode of Newstrack, Forum President Borge Brende had a discussion with Microsoft Vice-Chairman and President Brad Smith about India’s efforts to become a catalyst in establishing a new global order. Borge Brende mentioned that India will become the world’s third-largest economy in just a few years. He also said that India will surpass…
CEO Uday Kotak Resigns- Who Will Replace Him Now?
Kotak Mahindra Bank made an announcement on September 2 that Uday Kotak, who previously held the positions of Managing Director and (CEO) Chief Executive Officer, had officially resigned from his role. This news has created significant interest and speculation within the financial industry, as Kotak has been a prominent figure in the bank’s leadership for…
UPI Breaks Record Of 10-Billion Transactions In August 2023
The National Payments Corporation of India (NPCI) proudly announced that the Unified Payments Interface (UPI) has achieved an astounding milestone by recording over 10 billion transactions in August. This achievement underscores the growing popularity of digital payments in India. According to NPCI data, on August 30, UPI recorded 10.24 billion transactions worth Rs 15.18 trillion…
India’s G20 Summit: A Mission Towards Stronger Economy
In the growing economic realm, India has taken the wheel of the G20, a key international organization focused on promoting economic cooperation among nations to tackle global challenges. With a rapidly growing economy, India is going towards more than 6% GDP growth, according to the World Bank. India has become the world’s fifth-largest economy by…
Recent Updates On The Reliance AGM 2023: Mukesh Ambani
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, disclosed several significant measures and modifications at the Annual General Meeting (AGM) held on August 28, 2023. He mentioned India’s economic progress and emphasised that the “New Reliance” is leading the way for an evolving India. He highlighted robust growth across all Reliance’s business sectors, including…
5 Major Announcements To Look Out At Reliance AGM 2023
Reliance Industries Ltd (RIL) has recently announced that its 46th Annual General Meeting (AGM) will be held on August 28, 2023, at 2:00 PM. This significant event marks an important milestone for the company, as shareholders can gather and discuss various topics related to RIL’s operations, strategies, and plans. As always, the AGM is expected…