Ather Energy Secures INR 286 Crore to Power Up Its Electric Future

Key Points Funding Boost: Ather Energy secures ₹286 crore (USD 34 million) from founders Tarun Mehta and Swapnil Jain, and Stride Ventures. Details of Funding: ₹86 crore raised through Series F compulsorily convertible preference shares from the founders. ₹200 crore raised through Series C3 debentures issued to Stride Ventures. Product Launch: Ather Energy launched a…

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Flipkart may move domicile from Singapore to India

Flipkart Considers Domicile Move from Singapore to India Ahead of Potential IPO

Key Points: In a strategic move that could have significant implications for India’s e-commerce landscape, Flipkart, the Walmart-owned online retail giant, is reportedly contemplating shifting its domicile from Singapore back to India. This decision, if materialized, could signal Flipkart’s ambitions to streamline operations and bolster its position in the Indian market, particularly as it gears…

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Microsoft buys land worth Rs 267 crore to build data centre in Hyderabad

Microsoft Expands Data Centre Empire with Rs 267 Crore Land Acquisition in Hyderabad

Key Points; In a strategic move reflecting its commitment to bolstering its technological infrastructure, Microsoft Corporation has recently made headlines with its acquisition of a significant plot of land in Hyderabad, India. Reports suggest that this acquisition signals the tech giant’s intent to fortify its data centre network in the region, heralding the development of…

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Tesla Partners with Tata Electronics for Semiconductor Chips, Eyes Expansion in India's EV Market

Tesla Partners with Tata Electronics for Semiconductor Chips, Eyes Expansion in India’s EV Market

Summary: As Tesla’s collaboration with Tata Electronics unfolds against the backdrop of India’s burgeoning EV landscape, the alliance is poised to catalyze significant advancements in the country’s automotive sector while amplifying Tesla’s global presence. In a strategic maneuver aimed at bolstering its global operations, Tesla has inked a substantial agreement with Tata Electronics to procure…

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AI's Unpredictable Future: Bill Gates' Candid Conversation Sparks Contemplation

AI’s Unpredictable Future: Bill Gates’ Candid Conversation Sparks Contemplation

AI’s Unpredictable Future: Bill Gates’ Candid Conversation Sparks Contemplation In a recent episode of his podcast series “Unconfuse Me with Bill Gates,” Microsoft co-founder Bill Gates engaged in a profound discussion with OpenAI CEO Sam Altman, delving deep into the intricate domain of artificial intelligence (AI). The conversation provided a nuanced exploration of both the…

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Alibaba founder Jack Ma steps out from shadows with long internal post

Jack Ma, the co-founder of Alibaba, has emerged from the shadows with a lengthy internal memo, signaling a potential return to a more active role within the internet giant. Ma’s rare communication comes amidst Alibaba’s ongoing restructuring endeavors and a significant surge in the company’s stock following the memo’s release. Alibaba’s Hong Kong-listed shares experienced…

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India’s Web3 Ecosystem Gains Momentum Despite Investment Dip

India’s stride in the Web3 arena continues to captivate global attention, with the second edition of Hashed Emergent’s report, ‘India’s Web3 Landscape 2023’, shedding light on the nation’s burgeoning tech landscape. The report unveils a thriving ecosystem, boasting over 1,000 startups and hosting a remarkable 12% of the world’s Web3 developers. While investment figures for…

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Telangana Government’s Bid to Woo Tesla for EV Plant

Telangana, a burgeoning hub for industrial growth, is actively courting Tesla, the renowned electric vehicle manufacturer, to establish a manufacturing plant within its borders. Industries Minister D Sridhar Babu disclosed the ongoing discussions between the state government and Tesla, signaling Telangana’s commitment to attracting significant investments from global players. Attractive Investment Climate Telangana’s concerted efforts…

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Playful Banter as PM Modi Teases 'Divyang' Entrepreneur During Varanasi Interaction

Playful Banter as PM Modi Teases ‘Divyang’ Entrepreneur During Varanasi Interaction

Playful Banter as PM Modi Teases ‘Divyang’ Entrepreneur During Varanasi Interaction Varanasi (Uttar Pradesh): During an interaction with beneficiaries of the Viksit Bharat Sankalp Yatra in Varanasi, Prime Minister Narendra Modi engaged in light-hearted banter with a ‘divyang’ entrepreneur, adding a touch of humor to the event. As PM Modi inquired about the entrepreneur’s business,…

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