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BlackRock Becomes Largest Investor In Adani Group's $750-Million Bond Issue
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.
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Maruti Suzuki To Invest Rs 7,410 Cr For 3rd Plant At Kharkhoda In Haryana
The investment will be funded through internal accruals, the company said, adding the rationale behind setting up of the third plant is due to growth in market demand, including exports.
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TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative. Â
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Earning Rs 2 Lakh But No Rs 1 Lakh SIP? It's A Spending Problem, Says Investor
Mr Dutta said that if someone is earning Rs 2 lakh per month but doesn't have Rs 1 lakh to invest in a Systematic Investment Plan (SIP), the issue isn't with their income.
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Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
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Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
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India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
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How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
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India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
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ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
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Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.Â
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Indian Startups Raise $240 Million In A Week, This City Leads In Funding Deals
During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds. Bengaluru emerged as the leader in startup funding, with 12 deals secured during the week.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
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Tether Backs Arcanum Capital’s Web3 Fund With $2 Million InvestmentÂ
Tether has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset management company that provides funding to emerging projects related to blockchain, cryptocurrency, and other Web3 sectors.
-
BlackRock Becomes Largest Investor In Adani Group's $750-Million Bond Issue
Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.
-
Maruti Suzuki To Invest Rs 7,410 Cr For 3rd Plant At Kharkhoda In Haryana
The investment will be funded through internal accruals, the company said, adding the rationale behind setting up of the third plant is due to growth in market demand, including exports.
-
TRN Odyssey Programme Goes Live, Opens Funding Opportunities for Web3 Game Developers
The TRN Odyssey initiative will fund promising Web3 gaming projects that are built on the TRN Layer-1 blockchain. Developers can fetch investments between $10,000 (roughly Rs. 8.5 lakh) and $1 million (roughly Rs. 8 crore) through this initiative. Â
-
Earning Rs 2 Lakh But No Rs 1 Lakh SIP? It's A Spending Problem, Says Investor
Mr Dutta said that if someone is earning Rs 2 lakh per month but doesn't have Rs 1 lakh to invest in a Systematic Investment Plan (SIP), the issue isn't with their income.
-
Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
-
Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Scopely has agreed to buy Niantic’s gaming business. The Niantic games business generated more than $1 billion (roughly Rs. 8,702 crore) in revenue from 30 million monthly active users last year, Scopely said.
-
India Pegged As Top Source Market For London's Ambitious New 'Growth Plan'
London has unveiled an ambitious new 'growth plan' to provide an estimated 27 billion pounds extra tax revenue to fund vital public services in London, with India pegged as its number one source market in terms of foreign direct investment (FDI).
-
How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
-
India to Cap Investment in EV Charging for Tariff Relief as Tesla Entry Looms, Document Shows
India's EV policy will restrict them from using funds spent on charging infrastructure for such relief. But the policy will mandate that automakers can count only five percent of their total EV investment as coming from creation of charging infrastructure, even if they spend much more on the power network, according to government document.
-
ED Seizes 'Biggest' Crypto Fund Worth Rs. 1,646 crore in PMLA Case
The ED has busted a mega money laundering scheme, seizing Rs. 1,646 crore of crypto assets. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from an FIR of the Surat Police crime branch which said the alleged fraud that took place between November 2016 - January 2018 (after demonetisation).
-
Donald Trump’s Crypto Firm Announces Strategic Token Reserve, Plans to Invest in DeFi
The US President Donald Trump-backed World Liberty Financial (WLF) has said that it will be maintaining a strategic token reserve and use funds from it to invest in promising DeFi projects. The organisation said its aim is to bridge the gap between traditional and decentralised finance.Â
-
Indian Startups Raise $240 Million In A Week, This City Leads In Funding Deals
During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds. Bengaluru emerged as the leader in startup funding, with 12 deals secured during the week.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
-
Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
-
Tether Backs Arcanum Capital’s Web3 Fund With $2 Million InvestmentÂ
Tether has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is a Web3-focussed asset management company that provides funding to emerging projects related to blockchain, cryptocurrency, and other Web3 sectors.
