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The acquisition of Citibank India by Axis Bank has been announced on March 01. Citibank India’s retail business was bought after final cash consideration of Rs 11,603 crores. However, Citi’s client businesses are omitted from the deal. Know more details here.
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On February 21, 2023, PM Modi and Reserve Bank Governor Shaktikanta Das collaborates with Singapore’s Prime Minister Lee Hsien to start cross-border payments. They have initiated linkages of their respective fast payment systems, UPI and PayNow. Full details are given in the article.
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A historic deal has been signed up between India and the US Government for about 34 billion dollars. Air India is about to order Boeing Aircraft which will invent one million jobs in America. On February 14, 2023, US President Joe Biden appreciated Air India's decision to purchase 220 Boeing Aircraft and further calls it a 'historic agreement'.
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Adani group has put in a Rs. 5,069 crore bid for the redevelopment of one of the largest slum sprawls in the world, outbidding DLF which had quoted Rs. 2,035 crores.
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Singapore Airlines and Tata Group aim to complete the merger by March 2024, subject to regulatory approvals.
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Bharat Biotech’s intranasal vaccine is to be used as a heterologous booster dose against the currently available COVID-19 vaccines.
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Jio announced that it will also launch a series of True 5 G-powered initiatives across health, education, agriculture, industry 4.0, and Internet of Things (IoT) sectors in Gujarat and then later extend it across the country.
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India’s first sticker-based Debit Card is one-third the size of a regular debit card, thus, making the sticker applicable on a wide range of devices and objects as well as significantly enhancing customer convenience.
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As per the reports, Twitter closed off its offices to restrict access to non-compliant employees, who it fears might sabotage the company’s operations.
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Vikram-S, India's first privately developed rocket successfully lifted off from the Spaceport in Sriharikota on November 18, 2022. With this, Skyroot Aerospace has become the first private sector company in the country to launch a rocket into space.
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Sandhya Devanathan joined Meta in 2016 and helped in building out Singapore and Vietnam businesses and teams as well as Meta’s e-commerce initiatives in Southeast Asia. In her new role, she will spearhead Meta’s India charter and strengthen the strategic relationships with the country’s leading brands.
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The engagement of BYJU’s with Lionel Messi will enhance the visibility of the edtech firm overseas as the football has roughly 3.5 billion fans worldwide.
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Elon Musk has announced that Twitter Inc. will charge $8 for its Blue Service, which includes its sought-after verified badge. Twitter use to hand out blue ticks to the note-worthy profiles on the basis of its own criteria.
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Tesla CEO Elon Musk has become new in charge of Twitter after finalizing a $44 billion deal. The decision came after the rising doubts about his intentions of following through with the mentioned acquisition deal.
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Amazon announced that it will set up three solar farms in Rajasthan with a combined capacity of 420 megawatts. Read below to know what are solar farms and what are their significance.
Sep 27, 2022
