Reliance Retail invests $200 mn in Dunzo to acquire 25.8% stake Reliance Retail, the retail arm of Reliance Industries Limited, has acquired 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crore). This funding Read more
Google acquires Israeli cybersecurity startup Siemplify for $500 mn Alphabet Inc-owned Google has acquired Israeli cybersecurity startup Siemplify, in a deal worth $500 million. This acquisition will expand U.S. tech giant’s security offerings in the country amid rising cyber attacks. Read more
Apple becomes world’s first company to hit $3 trillion market value The stock market value of Apple Inc. hit $3 trillion (£2.2tn) briefly on January 03, 2022, becoming the world’s first company to do so. The market cap of Apple Read more
Vistara Airlines ropes in Vinod Kannan as new CEO Vistara Airlines has appointed Vinod Kannan as the new Chief Executive Officer (CEO) with effect from January 01, 2022. Kannan replaces Leslie Thng, who was the CEO from July 16, 2017 Read more
Alka Mittal becomes first women head of ONGC Alka Mittal, Director (HR), ONGC, has been given the additional charge as the new interim chairman and managing director (CMD) of Oil and Natural Gas Corporation (ONGC), the largest oil and gas Read more
NTPC plans to buy 5% equity in Power Exchange of India Ltd (PXIL) State-owned power generation company NTPC Ltd. is set to acquire 5 percent equity stake in Power Exchange of India Ltd (PXIL). It must be noted that government Read more