Micron Ventures, the corporate venture capital arm of Micron Technology, on Thursday announced to invest $200 million in deep tech startups. San Francisco, June 2 : Micron Ventures, the corporate venture capital arm of Micron Technology, on Thursday announced to...
Pakistan welcomes economic lifeline from Saudi
Islamabad : Pakistan hopes to apply oil to its stuttering economy in the form of a $20 billion investment pledged by the Saudi crown prince during his visit to the south Asian nation, where he was received with pomp and ceremony. Mohamed Bin Salman's entourage, which...
Singapore-based BIGO announces $100 mn investment in India
New Delhi : Singapore-based social media platform BIGO Technology on Monday announced an investment of over $100 million to expand its business in India in the next three years, creating nearly 1,000 jobs. As part of the investment, the internet company will start a...
Bosch to invest Rs 20 crore in AI centre in India
Chennai : Global technology and services provider Bosch Group on Wednesday inaugurated the Robert Bosch Center for Data Science and Artificial Intelligence (RBC-DSAI) at the Indian Institute of Technology-Madras (IIT-M) with a planned investment of 2.5 million Euros...
Vibrant Gujarat summit: MoUs for Rs 50,000-cr renewable power projects likely
Gandhinagar : The upcoming Vibrant Gujarat Global Summit 2019 (VGGS) expects to see commitment of investments worth a whopping Rs 50,000 crore in the renewable energy sector in the state, according to officials. The state-owned Gujarat Power Corp Ltd (GPCL) will be...
SBI Life Insurance signs ‘bancassurance’ pact with Allahabad Bank
Kolkata : Leading private insurer SBI Life Insurance on Monday said it has signed a 'bancassurance' pact, with state-run Allahabad Bank to offer a financial planning solution to consumers. One of the largest bancassurance partnerships in the country will see 3,238...
How to create a perfect mutual fund portfolio in the current volatile market
By Rahul Agarwal, A perfect mutual fund portfolio is one that is commensurate with ones appetite for risk and is capable of meeting ones financial goals. An investor in the equity markets, especially through the mutual fund route, has to acknowledge that volatility is...
Edutech start-up Byju’s raises $540 mn venture funds
Bengaluru : Online tutoring platform Byju's has raised $540 million (Rs 3,865.5-crore) venture funds from Naspers and Canada Pension Plan Investment Board (CPPIB), the company said on Monday. "The new round of funding will drive Byju's to further innovate, explore and...
Vivo announces Rs 4,000 crore investment for new UP plant
New Delhi : Chinese smartphone maker Vivo on Thursday announced an additional investment of Rs 4,000 crore over a period of four years for opening a new manufacturing plant on the Yamuna Expressway in Uttar Pradesh that will generate 5,000 jobs in its first phase of...
Japanese e-commerce firm opens research centre in India
Bengaluru : Japanese e-commerce major Rakuten on Monday said it had opened its India research and development (R&D) institute here to focus on deep learning, computer vision and robotics for warehouse logistics applications. "The Rakuten Institute of Technology...