129Knots Founded by Indian-Origin Entrepreneurs Launches First of its Kind OTD Technology with USD 10M Investment and USD 500M Deal in Pipeline
New Delhi, Delhi, India: Global fintech venture 129Knots, founded by Indian-origin leaders, has launched with a $10 million investment led by Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry with its real-world asset origination to distribution (OTD) technology.
OpenAI to face digital news firms of Mukesh Ambani, Gautam Adani in copyright battle
News agency ANI filed a lawsuit against OpenAI in 2024. File | Photo Credit: Reuters Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets such as TheIndian Express and the Hindustan Times, have mounted a legal challenge against OpenAI’s improper use of copyright content, legal papers
Bureau Veritas – Statement
PARIS, France: In a statement issued on January 15th, 2025, Bureau Veritas and SGS communicated that they had engaged in discussions with regards to a potential business combination. Today, Bureau Veritas announces that these discussions have stopped and did not result in
Saudi Sports for All Federation to Launch International Sporting Events in February 2025, Uniting SFA Expo and Riyadh Marathon
Riyadh, Saudi Arabia: The Saudi Sports for All Federation (SFA) has announced a new initiative taking place from February 5-8, 2025, combining two major events: the SFA Expo and Riyadh Marathon. This initiative aligns with SFA’s mission to inspire healthier lifestyles and foster community engagement
An annual mutual fund ritual
Previously, in this column, we discussed the cost of switching from a regular plan to a direct plan for your mutual fund (MF) investments. To complete the discussion, we look at the growth and income distribution cum capital withdrawal (IDCW) options offered by fund houses. Reinvesting cashflows The IDCW option
Critical of dynasty politics, Nitish Kumar to now welcome son into JDU? Nishant likely to join politics after Holi
Bihar Chief Minister and Janata Dal (United) chief Nitish Kumar who has time and again taken swipe at his opponents over dynasty politics may just induct his son, Nishant, into the party. According to a report, persons privy to the developments have said that Nishant Kumar is likely to join
Windfall for Telangana at Davos as Sun Petrochemicals to invest ₹45,500 crore
Telangana Chief Minister A. Revanth Reddy with AP Chief Minister N. Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis at the World Economic Conference in Davos, Switzerland on Wednesday. The third day of the World Economic Forum saw a windfall for Telangana as the government signed MoUs worth thousands of
Rupee declines 5 paise to 86.40 against US dollar in early trade
The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the domestic equity markets prevented further decline in the local currency, forex traders expected it
NRAI to approach CCI over ‘private labelling’ by Zomato, Swiggy
Queries sent to Swiggy and Zomato remained unanswered. File | Photo Credit: Special arrangement The National Restaurant Association of India (NRAI), which represents half a million eateries nationwide, said it will approach Competition Commission of India (CCI) over “private labelling” by Zomato and Swiggy and their foray into quick commerce
Can implement new pilot duty, rest norms in a phased manner from July 1, DGCA tells Delhi High Court
One of the key elements of the DGCA proposal made public in January 2024 but hanging fire is the curtailment of night flying, which has been opposed by both IndiGo and Air India. | Photo Credit: The Hindu The DGCA informed Delhi High Court on Thursday (January 23, 2025) that