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Short video app Bolo Indya raises $500K from Eagle10 Ventures, India Accelerator Group
After India banned Chinese short video platforrm TikTok in June, Indian rivals including Bolo Indya, Roposo, Moj, Mitron and Chingari have seen accelerated downloads. Bolo Indya currently offers short videos creation, consumption and knowledge networking in 12 Indian Languages – Hindi, Tamil, Telugu, Bengali, Malayalam, Gujarati, Marathi, Odia, Punjabi, Bhojpuri, Haryanvi and Kannada.
Tata group retail arm Trent looking to pursue 'accelerated expansion'
The company said India continues to be amongst the most attractive reta...
Alibaba Cloud to invest USD 283 mn to accelerate global partner ecosystem
With the investment to be carried out in the current fiscal year, A...
Carlyle sees India M&A accelerating on pharma, technology deals
The U.S. firm has announced two deals in India in the past month -- an acquisition of a 20% stake in billionaire Ajay Piramal’s pharmaceutical business for $490 million and paying $235 million for a stake in Bharti Airtel Ltd.’s data-center business.
TCS iON partners with NSDC to accelerate skill development
The partnership aims to strengthen NSDC's online content aggregation platform - eSkill India - through which it enables e-learning amongst skill seekers and will contribute towards strengthening the Skill India mission, TCS iON said in a statement.
The coronavirus pandemic is accelerating coal’s demise
In much of the world coal power is currently more expensive than gas and renewables, which explains why its share in the electricity mix has fallen in Europe, India, China, and parts of the U.S. The power markets in these four regions are large and varied. That makes the uniformity of coal’s decline even more surprising.
Jack Ma’s Ant Group plans dual IPOs in Shanghai, HK
The parent of China’s largest mobile payment company will pursue a simultaneous dual-listing in Hong Kong and on the Shanghai stock exchange’s STAR board, the firm said, in what promises to be one of the largest debuts in years.
COVID-19 helping accelerate investments in cloud, AI and cybersecurity: Anant Maheshwari
"No one company is going to solve a challenge like this alone, and it is going to take the private and public sectors working together to turn the tide on COVID-19. As we continue to work through the current situation and plan for the future, it's clear that the change required is significant - as is the potential opportunity across industries," Microsoft India President Anant Maheshwari said.
Oil rallies on acceleration of output cuts from Opec nations
WTI jumped $4.02, or 29 per cent, to $17.80.
Tech Mahindra and Hinduja Group’s CyQureX sign global strategic partnership
The strategic partnership will enable the organizations to become leaders in the emerging ‘Zero Trust’ environment, leveraging CyQureX’s core SDP (Software Defined Perimeter) technology and solutions, alongside Tech Mahindra’s strategic focus on cybersecurity and other next generation technologies.
Facebook investment to accelerate Jio's digital monetisation drive: Analysts
"RIL had restructured its digital business into one consolidated wholly-owned subsidiary - Jio Platforms - which would host all the digital initiatives of the firm, including Jio digital services (mobile, broadband), apps, tech capabilities (AI, Big Data, IoT) and investments (like Den, Hathway)," Credit Suisse said in a note.
Young Indian activist named by UN chief to new advisory group on climate change
Archana Soreng, a climate activist from India, has been named by UN Secretary-General Antonio Guterres to his new advisory group comprising young leaders who will provide perspectives and solutions to tackle the worsening climate crisis, as the global body mobilises action as part of the COVID-19 recovery efforts.
COVID-19: L&T Group chairman, directors take voluntary salary cut of up to 53%
group chairman A M Naik drew a total remuneration of Rs 6.18 crore for 2019-20 as against Rs 8.15 crore in 2018-19, according to the annual report of the infrastructure giant. L&T Chief Executive Officer & Managing Director S N Subrahmanyan took home Rs 27.17 crore for 2019-20, showing a pay cut of 43.91 per cent.
MP, the heart of India, accelerates efforts to boost tourism
Q&A with Faiz Ahmed Kidwai, principal secretary to chief minister & tourism, government of Madhya Pradesh
U.S., Britain say trade talks big priority; pledge accelerated pace
The talks, to be conducted virtually, over the next two weeks will involve U.S. and UK officials in nearly 30 different negotiating groups, the two countries' top trade officials said in a joint statement.