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PokerBaazi Parent Firm Moonshine Technology to be Acquired by Nazara for Rs 982 crore

PokerBaazi Parent Firm Moonshine Technology to be Acquired by Nazara for Rs 982 crore

In one of the largest mergers and acquisitions (M&A) deals in the domestic gaming market, Nazara Technologies has announced the acquisition of Moonshine Technology, the parent company of PokerBaazi, for a total of Rs 982 crore. Nazara will...

Amazon India Sets 1.1 lakh Seasonal Positions Key Indian Cities Ahead of Festive Season

Amazon India Sets 1.1 lakh Seasonal Positions Key Indian Cities Ahead of Festive Season

Amazon India has established more than 1.1 lakh seasonal positions ahead of the forthcoming festive season to ensure speedy and dependable delivery, according to a statement released on Thursday. Several direct and indirect employment...

Meta Launches Custom Messaging and 'Meta Verified' on WhatsApp

Meta Launches Custom Messaging and 'Meta Verified' on WhatsApp

New capabilities for WhatsApp have been revealed by Meta to help millions of Indian small companies prepare for the festive season. The corporation declared during the first-ever WhatsApp Business Summit in the nation that all qualified small...

Six Essential Components of a Carbon Credit Trading System that India must do Right

Six Essential Components of a Carbon Credit Trading System that India must do Right

A market for carbon credits can be a significant step toward decarbonizing the economy, but only if it is correctly organized. We must consider all aspects of the system, including emission quotas, reduction pathways, and sectoral coverage,...

Ford Motor in Talks with Tamil Nadu Govt to Resume Production and Target Global Market

Ford Motor in Talks with Tamil Nadu Govt to Resume Production and Target Global Market

Two years after ceasing production in India, global automaker Ford Motor Company is in talks with the Tamil Nadu government to resume operations at Maraimalai Nagar near Chennai, where it would focus on exports. On Tuesday, Chief Minister Stalin...

Uttar Pradesh will be Home to India's Next Semiconductor Unit

Uttar Pradesh will be Home to India's Next Semiconductor Unit

The announcement was made by Union Minister for Electronics and IT Ashwini Vaishnaw at a press conference held at SEMICON India. Uttar Pradesh will now host semiconductor operations in addition to Gujarat and Assam. Furthermore, Yogi...

Samsung Intends 30% Global Job Cuts, with 1000 Layoffs Anticipated in India

Samsung Intends 30% Global Job Cuts, with 1000 Layoffs Anticipated in India

According to reports, Samsung Electronics plans to reduce its global workforce by up to 30% across multiple departments. The job layoffs will mostly affect sales, marketing, and administrative professionals throughout the Americas, Europe,...

New Merger Rules Involving Foreign Companies have been Announced: Details

New Merger Rules Involving Foreign Companies have been Announced: Details

The Ministry of Corporate Affairs (MCA) has made significant regulatory adjustments for corporations engaging in mergers and acquisitions, particularly those involving international organizations. According to the new regulations, any merger...

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

Indian Largest Supercomputer with 8 Exaflops to be Developed by Microsoft-backed G42

According to a senior corporate executive, Microsoft and Mubadala-backed G42 is slated to develop India's largest supercomputer, with eight exaflops of processing capacity that can do millions of trillions of floating-point operations per...

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

Congress Alleges that Sebi Chairperson's Husband Accepted Money from M&M

The Congress on Tuesday leveled new charges against Madhabi Puri Buch, chairman of the Securities and Exchange Board of India (Sebi), alleging that her husband Dhaval Buch earned Rs 4.78 million from Mahindra and...

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