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Key Abu Dhabi Fund, Sri Lanka Port Authority, Tanzanian Government Reaffirm Support For Adani Group
Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged
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Archegos Founder Jailed For 18 Years For Massive Fraud: Report
The founder of US investment firm Archegos, Bill Hwang, was jailed for 18 years on Wednesday for a multibillion-dollar fraud that contributed to the fund's 2021 implosion, US media reported.
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Oura Partners With Dexcom to Bring Glucose Monitoring Data to Oura Smart Ring Owners
Oura and Dexcom have announced a strategic partnership to integrate blood sugar monitoring features in its smart ring application. Users will be able to get a better overview of their overall health metrics by combining Dexcom glucose data with the biometrics collected by the smart ring.
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Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
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"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
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India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
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Meta To Face Lawsuits In Japan Over Fake Ads
Facebook and Instagram owner Meta Platforms Inc. will face fresh lawsuits in Japan over advertisements that fraudulently solicited investment funds with fake endorsements from celebrities, local media reported.
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NDTV World Summit: When Is Groww IPO Expected? CEO Lalit Keshre Answers
Mutual funds remain the most attractive investment tool for retail investors and a lot of innovation is happening in this area, said Groww co-founder and CEO Lalit Keshre at the NDTV World Summit on Tuesday.
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Global South's Biodiversity Gaps in Genomic Databases Pose Challenges for Conservation Efforts
The Global South is home to incredible biodiversity, yet its species are underrepresented in critical genomic databases used for conservation. Researchers, including Dr. Ethan Linck and Dr. Daniel Cadena, highlight the challenges faced by Southern researchers, including lack of funding and access to technology. They call for better collaborations a...
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Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds
In a new development, Binance revealed that it collaborated with Delhi Police to investigate a renewable energy fraud. As a result, 100,000 USDT, equivalent to Rs. 84 lakh, has been seized.
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Samsung Backs Scholarly AI Bot Serving Students and Academics
Liner has raised $29 million (roughly Rs. 243 crore) from investors in a Series B round with investors including LB Investment, as well as existing backers Capstone Partners and SL Investment alongside Samsung.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
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Monthly SIP Investments Cross Rs 24,000 Crore For 1st Time In India: Report
Monthly systematic investment plan (SIP) numbers in India surged to Rs 24,508.73 crore in the month of September, up from Rs 23,547.34 crore in August, which is a 4 per cent increase, the Association of Mutual Funds in India (AMFI) data showed.
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SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
-
Key Abu Dhabi Fund, Sri Lanka Port Authority, Tanzanian Government Reaffirm Support For Adani Group
Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged
-
Archegos Founder Jailed For 18 Years For Massive Fraud: Report
The founder of US investment firm Archegos, Bill Hwang, was jailed for 18 years on Wednesday for a multibillion-dollar fraud that contributed to the fund's 2021 implosion, US media reported.
-
Oura Partners With Dexcom to Bring Glucose Monitoring Data to Oura Smart Ring Owners
Oura and Dexcom have announced a strategic partnership to integrate blood sugar monitoring features in its smart ring application. Users will be able to get a better overview of their overall health metrics by combining Dexcom glucose data with the biometrics collected by the smart ring.
-
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta CEO Mark Zuckerberg said the company will ramp up heavy investments in AI and other futuristic technologies. The Meta executive has warned investors that the firm will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses.
-
"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
-
India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
-
Meta To Face Lawsuits In Japan Over Fake Ads
Facebook and Instagram owner Meta Platforms Inc. will face fresh lawsuits in Japan over advertisements that fraudulently solicited investment funds with fake endorsements from celebrities, local media reported.
-
NDTV World Summit: When Is Groww IPO Expected? CEO Lalit Keshre Answers
Mutual funds remain the most attractive investment tool for retail investors and a lot of innovation is happening in this area, said Groww co-founder and CEO Lalit Keshre at the NDTV World Summit on Tuesday.
-
Global South's Biodiversity Gaps in Genomic Databases Pose Challenges for Conservation Efforts
The Global South is home to incredible biodiversity, yet its species are underrepresented in critical genomic databases used for conservation. Researchers, including Dr. Ethan Linck and Dr. Daniel Cadena, highlight the challenges faced by Southern researchers, including lack of funding and access to technology. They call for better collaborations a...
-
Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds
In a new development, Binance revealed that it collaborated with Delhi Police to investigate a renewable energy fraud. As a result, 100,000 USDT, equivalent to Rs. 84 lakh, has been seized.
-
Samsung Backs Scholarly AI Bot Serving Students and Academics
Liner has raised $29 million (roughly Rs. 243 crore) from investors in a Series B round with investors including LB Investment, as well as existing backers Capstone Partners and SL Investment alongside Samsung.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
-
Monthly SIP Investments Cross Rs 24,000 Crore For 1st Time In India: Report
Monthly systematic investment plan (SIP) numbers in India surged to Rs 24,508.73 crore in the month of September, up from Rs 23,547.34 crore in August, which is a 4 per cent increase, the Association of Mutual Funds in India (AMFI) data showed.
-
SoftBank to Invest $500 Million in OpenAI: Report
OpenAI's latest funding round has attracted Japanese telecom company SoftBank's Vision Fund, that will invest $500 million (roughly Rs. 4,190 crore) in the AI firm. The deal represents SoftBank's first investment in the Sam Altman-led firm.
