Category Archives: Business

RBI says drew in with forthcoming financial investors to get best terms for PMC Bank investors

The RBI and PMC Banks are now drawing in with imminent financial backers to get the most ideal terms for the investors, and the cycle is probably going to take some additional time, the national bank said, as it expanded the limitations on the misrepresentation hit metropolitan agreeable moneylender by a quarter of a year […]

WeWork’ agrees $9 billion SPAC merger to finally get stock market listing

‘WeWork’ announced on Friday that it has decided to merge with blank-check firm BowX Acquisition Corp to go public, allowing the office-sharing business to achieve a stock market listing two years after its first try was unsuccessful. WeWork’s merger with BowX, a specially modified acquisition company (SPAC), values the company at about $9 billion, down […]

India Plans to adopt rolling coal auctions

India proposes to adopt a mechanism of the ‘rolling auction’ for coal auctions, which will allow a pool of coal blocks to continue, said Pralhad Joshi, Indian Coal Minister. “A comprehensive list of mines, along with key technical data are uploaded with rolling auctions, and mines for inclusion in the next auction may be preferred by […]

Tata-Mistry case: Supreme Court rules in favour of Tatas over Mistry, upholds the NCLAT order

The Supreme Court’s decision on Friday to uphold Cyrus Pallonji Mistry’s removal as executive chairman of Tata Sons and later as director in Tata companies is probably going to stymie the Shapoorji Pallonji Group’s debt-cutting strategy. Aside from overturning the National Company Law Appellate Tribunal’s (NCLAT) decision on Mistry’s reinstatement, the Supreme Court claimed that […]

Suez Canal blockage may choke India’s trade, supply chain

Suez Canal blockage that has disrupted shipments to the east-west could affect India’s trade and reduce key production assets while increasing travel costs as the shipping rate increases due to the crisis. India’s export of oil, textiles, furniture, cotton, car parts, and machinery parts to Europe, North America, and South America could be delayed by […]

NATO Summit to Form A New Approach Towards China

The relation between the US and China is continuously deteriorating and European nations have raised concerns about economic and security threats from Beijing. The North Atlantic Treaty Organization, or NATO, an alliance of 30 members has asked its allies like the United States to work together in order to tackle the situation. Antony Blinken, Secretary […]

Pete Buttigieg, The United States’ Secretary of Transportation, to impose A Mileage Fee On Infrastructure

Transportation Secretary Pete Buttigieg said on Friday that the White House is exploring a mileage tax to help pay for a revamp of the nation’s infrastructure, which it is expected to introduce in the coming days. It isn’t any longer, but a “vehicle miles driven fee,” or “mileage tax,” or whatever you want to call […]

West Virginia’s native elk have finally come home

Wild Elk was lastly sighted in the year 1875. Randy Kelley and his staff in the Wester Virginia Division of Natural Resources always keeps an eye on the state Elk’s sight. Not a single day goes that they don’t look for a single sight of the Wilf Elk. Kelley who is a state biologist has […]

NXP partners with the IT ministry and FabCI to begin a semiconductor incubation and acceleration initiative

To discover, promote, and tutor semiconductor and IP design start-ups across India, Dutch semiconductor manufacturer NXP has initiated the first ‘Semiconductor Start-up Incubation and Acceleration Programme’, in partnership with the Ministry of Electronics and Information Technology (MeitY) and Fabless Chip Design Incubator (FabCI), IIT Hyderabad. The software was created with Prime Minister Narendra Modi’s vision […]

Global Laser Projection Market Size, Share 2020, Impressive Industry Growth Report 2026

The global laser projection market is projected to grow at a significant CAGR of around 17.2%, during the forecast period (2020-2026). There are several pivotal factors that are driving growth of the laser projection market includes radial shift in retail marketing with the increasing trend for audio and visual marketing solutions. The deployment of laser projections is […]