LiveMahindra & Mahindra Sells Entire Stake in Mahindra CIE at Rs 447.6 Per Share
Mahindra & Mahindra on Wednesday announced the sale of its entire 3.195% stake in Mahindra CIE. The total price of the sale is Rs 447.65...
Category : BUSINESS
Shutterstock to Acquire Giphy from Meta for $53 Million Following UK Antitrust Order
Facebook’s Parent Company, Meta Platforms inked a deal with Shutterstock to buy Giphy for $53 million, which it initially purchased in 2020 for $315 million....
Moonfire Ventures Raises $115 Million to Fund European Tech Startups and AI Companies
Moonfire Ventures, founded in 2020 by former Atomico co-founder Mattias Ljungman, said on Wednesday it had raised $115 million to invest in European technology startups...
AI-Powered Software Platform Builder.ai Raised Over $250 Million in Series D Round
Builder.ai, a London-based AI-powered composable software firm, announced on Tuesday that it has raised more than $250 million in Series D funding sponsored by the...
PhonePe Picks Up Another $100 Million From General Atlantic
Digital payments Decacorn PhonePe announced on Monday that it raised an additional $100 million from growth equity firm General Atlantic. In the ongoing $1 billion...
Facebook Parent Meta Fined €1.2 Billion Over EU Privacy Rules Violation
Facebook’s parent company, Meta, has been hit with a massive fine of €1.2 billion ($1.3 billion) by Ireland’s Data Protection Commission (DPC) for violating the...
PhonePe Lands Another $100 Million from General Atlantic in Ongoing $1Billion Funding Round
PhonePe has raised an additional $100 million at a $12 billion valuation from General Atlantic and its co-investors, a fresh round of its ongoing $1...
Centre Asks Airlines to Keep Fares Affordable After Go First Grounded
Days after crisis-hit Go First grounded, the Centre asked airlines to keep fares affordable after the Centre saw airfares on some routes soar rapidly. Go...
SEBI-Registered FPIs and Sovereign Wealth Funds Exempt from Angel Tax
Government and government-related investors such as central banks, sovereign wealth funds, international or multilateral organisations; entities registered with the Securities and Exchange Board of India...
International Credit Card Payments Up to Rs 7 Lakh Excluded from TCS, Govt Clarifies
International debit and credit card transactions of up to Rs 7 lakh per financial year will be excluded from the limits of the Liberalised Remittance...