Tag Archives: investment

UC Web owned by Alibaba suspends India’s operations

Recently, the Indian government decides to suspend 69 Chinese Apps due to the tensions at the border. Due to that yesterday, UC Web owned by Alibaba suspends India’s operations. It also lays off 90% of its total of 350 employees … Continue reading

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Tamil Nadu attracts new investments with the potential to create 47K jobs

When the entire global economy and the country’s economy is in a slowdown, the situation is quite different in the state of TamilNadu. On Wednesday morning it was reported that the state government of TamilNadu has signed 17 MoUs(Memorandum of … Continue reading

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Karnataka government requests the US to set up a Visa center in Bangalore.

On Tuesday, the government of Karnataka has renewed its request to the US government to set up a visa center in Bangalore. The Karnataka government also promised to provide its support to implement fresh investments in the state. This happened … Continue reading

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Swiggy is planning to cut 1000 jobs

The food delivery startup Swiggy is planning to cut around 1000 jobs mostly from its cloud kitchen division. In a statement, Swiggy said they are exploring various options to survive this bad phase and focus on the growth and profitability … Continue reading

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Facebook invests Rs.43,574 crores in Reliance Jio platforms

Reliance industries and Facebook today announced the deal signed between them with Facebook investing Rs.43,574 crores in the Jio platforms. With this investment, Jio platforms are being valued by Facebook at Rs.4.62 lakh crores pre-money enterprise value(approximately 65.95 billion dollars … Continue reading

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Crisis over? Reserve Bank finalized the revival plan for Yes Bank. Find the details here

Yes Bank revival plan is finalized by the Reserve Bank of India. According to this plan, not only just capital but also funding lines will be finalized. This is to ensure that no liquidity issues should arise on raising the … Continue reading

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Indians, get US citizenship in just 3 months. Read this to find out how.

Some of the Indian citizens have found a way to get US citizenship in 3 months. This will also allow the spouse of the visa holder to work in the US without any restrictions. Also, if the citizens have any … Continue reading

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Investment and creation of jobs: Trump’s agenda during India visit

America President Donald Trump is set to visit India this month. He will be visiting New Delhi during his tour to India. As part of his visit, he will be meeting executives from multiple large Indian companies to discuss investments … Continue reading

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