This week saw a strong inflow of capital into India’s dynamic startup ecosystem, with 21 startups collectively raising nearly $187 million in funding. The investments, which spanned sectors such as fintech, e-commerce,…
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World Bank signs additional 200 million USD to support Sri Lanka’s economic reforms
The World Bank has signed an additional $200 million USD agreement to support Sri Lanka’s ongoing economic reforms, providing a crucial financial boost as the country navigates its recovery from recent economic…
Elon Musk becomes 1st person to touch 200 million followers on X
In a landmark moment for social media and tech entrepreneurship, Elon Musk, the CEO of SpaceX, Tesla, and owner of X (formerly known as Twitter), has become the first individual to reach…
Sundar Pichai announces $120 million ‘Global AI Opportunity Fund’
Alphabet and Google CEO Sundar Pichai has unveiled a $120 million “Global AI Opportunity Fund” at the UN’s “Summit of the Future” during the 79th United Nations General Assembly (UNGA) in New…
Adani Green Energy fully redeems $750 million holdco notes
Adani Green Energy Limited (AGEL) has fully redeemed all outstanding $750 million or 4.375 per cent Holdco Notes. This information was given by Adani Green Energy Limited (AGEL). In January 2024, the…
Adani Ports buys 80 per cent stake in Astro Offshore for $185 million
Adani Ports and Special Economic Zone (APSEZ) acquired 80 percent stake in global OSV (offshore support vessel) operator Astro Offshore for $185 million. The deal was an all-cash deal. The company will…
Meta threads available for 448 million Europeans
San Francisco, December 15: Meta Threads has become available to 448 million Europeans. Regarding the availability of Meta’s X-rival Threads in the EU, Mark Zuckerberg announced that Threads is being launched in…
Mark Zuckerberg Offloads Nearly $190 Million in Meta Share Sales
San Francisco, December 5: Meta founder and CEO Mark Zuckerberg reportedly sold shares worth about $190 million in the company last month. Securities and Exchange Commission (SEC), Zuckerberg sold Meta shares every…