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Author : Esha Somadder

INDIA

Indian Refiners Cancelled 1,00,000 MT of Palm Oil Purchases on Import Duty Hike, Price Rise: Report

Esha SomadderSeptember 24, 2024September 24, 2024

by Esha SomadderSeptember 24, 2024September 24, 202411712

Indian oil refiners have cancelled purchases of 1,00,000 metric tons (MT) of palm oil scheduled for delivery between October 2024 and December 2024. They took...

Tech Giants Google and Nvidia to Enhance AI Focused Investments in India

Esha SomadderSeptember 24, 2024September 24, 2024

by Esha SomadderSeptember 24, 2024September 24, 20242 1041

Google and Nvidia, two technology giants, are planning to increase their involvement in India, with a specific focus on utilising artificial intelligence technology in the...

KRN Heat Exchanger and Refrigeration Ltd IPO: GMP, Lot Size, Price Band & Key Dates

Esha SomadderSeptember 23, 2024September 27, 2024

by Esha SomadderSeptember 23, 2024September 27, 20243 13669

Introduction To KRN Heat Exchanger IPO The Initial Public Offering (IPO) for KRN Heat Exchanger and Refrigeration Limited involves a book-built process worth Rs 341.95...

WORLD

AI Firm G42 and Nvidia to Collaborate on Climate Tech

Esha SomadderSeptember 23, 2024September 23, 2024

by Esha SomadderSeptember 23, 2024September 23, 20242 1060

G42, an artificial intelligence (AI) company based in the United Arab Emirates (UAE), announced on Friday its partnership with US chipmaker Nvidia to collaborate on...

Wealthtech Startups in India to Use AI Models to Redefine Business

Esha SomadderSeptember 23, 2024September 23, 2024

by Esha SomadderSeptember 23, 2024September 23, 20242 923

Startups in India are beginning to use artificial intelligence (AI) to improve customer interactions and enhance their services in the wealth tech sector. Bengaluru-based startup...

INDIA

DFS Secretary Nagaraju Chaired DRT Conference to Address Debt Recovery Challenges

Esha SomadderSeptember 23, 2024September 23, 2024

by Esha SomadderSeptember 23, 2024September 23, 202411027

A meeting led by M. Nagaraju, Secretary of the Department of Financial Services (DFS), assembled Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers...

India’s Sept Business Growth at Nine-Month Low as Demand Slows Down: PMI

Esha SomadderSeptember 23, 2024September 23, 2024

by Esha SomadderSeptember 23, 2024September 23, 20241977

The flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global and HSBC, dropped to 59.3 this month from August’s 60.7 final reading. According...

India to Get First National Security Semiconductor Fabrication Plant

Esha SomadderSeptember 23, 2024September 23, 2024

by Esha SomadderSeptember 23, 2024September 23, 202401556

India and the US have announced a joint project to establish a national security semiconductor fabrication plant in India. This collaboration aims to produce chips...

Unilex Colours & Chemicals Ltd IPO: GMP, Lot Size, Company Details, Opening & Closing Dates

Esha SomadderSeptember 20, 2024September 25, 2024

by Esha SomadderSeptember 20, 2024September 25, 20243 4835

Introduction To Unilex Colours & Chemicals Ltd IPO Unilex Colours and Chemicals IPO, valued at Rs 31.32 crores, is a book-built issue with 36 lakh...

Religare Becomes External-Debt Free on Clearing Rs 163.75 crore Debt

Esha SomadderSeptember 20, 2024September 20, 2024

by Esha SomadderSeptember 20, 2024September 20, 20243 2399

The financial services company Religare Enterprises Limited stated in an exchange filing on September 19, 2024, that following the re-payment, it is now free from...