Amaravati, India – August 22, 2024: In a significant boost to India’s renewable energy ambitions, Brookfield Asset Management, a leading global alternative asset manager, has announced an investment of ₹50,000 crore (approximately USD 6.7 billion) in Andhra Pradesh’s renewable energy sector. This investment marks one of the largest commitments by a foreign entity in the … Read more
Paytm to Sell Entertainment Ticketing Business to Zomato for ₹2,048 Crore On August 21, 2024, Paytm announced its decision to sell its entertainment ticketing business, including movie, sports, and event ticketing, to Zomato for ₹2,048 crore. This move marks a significant shift for Paytm, allowing the company to focus more on its core payments and … Read more
**New Delhi, August 21, 2024** – In a significant move within the Indian digital economy, Paytm, the leading digital payments platform, has announced the sale of its entertainment ticketing business to Zomato for ₹2,048 crore. The acquisition will see Zomato, the prominent food delivery giant, take ownership of Paytm Insider, one of India’s top platforms … Read more
August 21, 2024 The initial public offering (IPO) of Broach Lifecare Hospital Limited has seen overwhelming demand, being subscribed a staggering 657.81 times by investors. The IPO, which opened for subscription recently, garnered significant interest across all investor categories, reflecting strong confidence in the company’s future prospects. Subscription Details Qualified Institutional Buyers (QIBs): The QIB … Read more
Mumbai, India — August 21, 2024 — PVR Inox, India’s largest film exhibition company, has announced its ambitious plan to add 60 new cinema screens across the country by the end of 2024. This move is part of the company’s broader strategy to expand its footprint in both metropolitan and tier-2 cities, catering to the … Read more
New Delhi, August 21, 2024 — In a significant move towards promoting sustainable energy sources, the Indian government, led by Prime Minister Narendra Modi, has given a decisive green signal to boost ethanol production across the country. This decision is a cornerstone of the government’s ambitious plan to reduce dependency on fossil fuels and achieve … Read more
Date: August 20, 2024 Elon Musk, the billionaire entrepreneur and CEO of companies like Tesla, SpaceX, and X (formerly Twitter), has once again taken the internet by storm with a cryptic and somewhat humorous tweet. On August 20th, Musk posted, “I am willing to serve Department of Government Efficiency (DOGE)” on his social media platform, … Read more
New Delhi, Aug 19 (Live8040): The recent WazirX data security breach has sent shockwaves through the digital asset community, with reports revealing a staggering theft exceeding Rs 2,000 crore. This incident has highlighted ongoing vulnerabilities within the crypto ecosystem, prompting experts to call for immediate and comprehensive investigation by state authorities. The breach, which reportedly … Read more
August 19, 2024 New York, NY — The U.S. Securities and Exchange Commission (SEC) has formally charged billionaire investor Carl Icahn for failing to disclose critical details related to his margin loans. The charges stem from allegations that Icahn, a well-known activist investor and chairman of Icahn Enterprises, did not fully inform investors about the … Read more
San Francisco, August 19 (Live8040) — In a bold move to strengthen its position in the AI and data center markets, chip giant Advanced Micro Devices (AMD) announced on Monday its acquisition of ZT Systems, a prominent provider of AI infrastructure solutions for hyperscale computing companies. The deal, valued at $4.9 billion, includes both cash … Read more
