Gulf IPOs Remain Strong Amid Market Volatility
The IPO pipeline in the Gulf region remains highly active, with numerous companies gearing up to go public despite global market uncertainties. This trend is...
Month : July 2024
Asia’s Fuel Subsidies Decline Amid Budget Constraints
Several Asian countries are scaling back their fuel subsidies due to mounting budget pressures. These fiscal constraints are forcing governments to reduce support for fuel...
RBI Approves Jupiter Money’s Prepaid Wallet
Jupiter Money, a promising fintech startup, has recently received approval from the Reserve Bank of India (RBI) to launch its prepaid wallet service. This regulatory...
Tech Mahindra’s Language Model Innovation
Tech Mahindra has made a significant breakthrough by developing an Indian language model (LLM) capable of communicating in 40 local languages and dialects. This development,...
Amazon India’s Ambitious Investment Plan
Amazon is set to significantly boost its investment in India, committing an additional $15 billion by 2030. This brings the company’s total investment in the...
Karnataka HC Ruling on Byju’s Rights Issue
The Karnataka High Court has dismissed Byju’s appeal to stay the National Company Law Tribunal’s (NCLT) order regarding its second rights issue, directing the case...
Nigeria’s Growing Mutual Fund Investments
Nigeria’s mutual fund investments have seen a significant increase, gaining N662.96 billion year-to-date. This remarkable growth highlights the growing interest among Nigerian investors in diversified...
Sujimoto’s $225 Million Leonardo Project
Sujimoto’s Leonardo project, valued at $225 million, is poised to break a 45-year-old record in Nigeria’s real estate market. This ambitious undertaking is set to...
Zomato Withdraws NBFC Licence Application
Zomato has decided to withdraw its application for a Non-Banking Financial Company (NBFC) license with the Reserve Bank of India. This decision was made by...
Adani Group Stocks Performance Post-Hindenburg Report
Shares of Adani Group companies exhibited varied responses in the market following the conglomerate’s detailed reply to the Hindenburg report. Adani Enterprises experienced a slight...