Category Archives: Business

Jio Acquires Airtel’s 800MHz Spectrum in 3 Circles to Bolster its Network

Reliance Jio Infocomm Ltd (RJIL) has announced the acquisition of 800MHz spectrum band rights in Andhra Pradesh, Delhi, and Mumbai circles, at an aggregate value of Rs. 1497 crores. The addition of the spectrum rights will help Jio enhance its network capacity and bolster its footprint in the telecom sector, which is swelling due to […]

CRED Has Raised $215 Million At A Valuation Of $2.2 Billion, Making It A Unicorn

CRED, the fintech start-up, founded by serial entrepreneur Kunal Shah, announced on Tuesday that it had raised $215 million in a Series D funding round, valued at $2.2 billion post-money, making it India’s newest unicorn. The latest round of investment, led by new investor Falcon Edge Capital and existing investor Coatue Management LLP, comes after […]

Samsung Electronics forecasts jump in Q1 operating profit

Samsung Electronics recorded an increment of 44.19 percent in first-quarter operating profit today., owing to strong smartphone sales and the launch of its flagship Galaxy S21 model. The firm said in earnings forecast that net income for January to March will be 9.3 trillion won (US$8.3 billion), up from 6.45 trillion, a year ago. Samsung […]

FDA approves new ADHD drug for children for first time in over a decade

The first new drug in over a decade for children with ADHD has been approved by the US regulators. ADHD stands for Ancient Deficit Hyperactivity Disorder, which causes impulsivity, inattention, and Hyperactivity. Drug named Qelbree was approved by the Food and Drug administration on late Friday, which would be useful for the treatment for the deficit […]

European Cloud Database and DBaaS Market: Analysis Report, Share, Trends and Overview 2020-2026

The European cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven due to the rising adoption of cloud services in small and medium enterprises (SMEs) in the country. The SMEs are significantly adopting the cloud database services due to various benefits […]

North American Cloud Database and DBaaS Market Trends, Research Report, Growth, Opportunities, Forecast 2020-2026

The North American cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period (2020-2026). One of the major factors that propel the market growth in the region includes the rising adoption of cloud database services in the various verticals such as BFSI, IT & telecom, healthcare, and others. […]

UK Cloud Database and DBaaS Market Share 2020: Trends, Key Players, Industry Analysis and Report 2020-2026

UK cloud database and DBaaS market are projected to grow at a significant CAGR during the forecast period (2020-2026). Increasing adoption of cloud services is projected to be the major factor that contributes to the growth of the market in the country. In the UK, large organizations are adopting cloud database services more efficiently as […]

Chinese Tech Giants Grow in Singapore As They Face Domestic Pressure

As a result of a crackdown at home and the strain in other main markets, Chinese tech giants are expanding in Singapore, but they may struggle to find talent. Tencent, the messaging and gaming behemoth, is building a centre, and ByteDance, the owner of TikTok, is on a hiring spree after establishing a regional headquarters, […]

Petrol, diesel prices consistent as worldwide oil softens

Oil marketing companies (OMCs) on Monday, proceeded on the delay mode and ruled against amending petroleum and diesel costs in the wake of cutting its retail rates a week ago on Tuesday. As needs be, siphon costs of petroleum and diesel stayed at earlier days level of Rs 90.56 and Rs 80.87 a litre individually, […]

Mahindra’s New CEO Seeks to Revive Growth at $19 Billion Group

Under new CEO Anish Shah, Mahindra & Mahindra Ltd., the Indian sports utility vehicle manufacturer, best known for its tractors and farm machinery, is betting on electric cars and digital services to revive its fortunes. Shah, 51, has a difficult job ahead of him. The $19 billion company’s SUV market share had fallen to 13% […]