Radium Team

Reliance Power and Reliance Infra Director Anil D Ambani resigns

Following a market regulator’s ruling prohibiting him from participating with any listed firm, Reliance Group Chairman Anil Ambani resigned as director of Reliance Power and Reliance Infrastructure on Friday. ”Anil D Ambani, the non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim order,” […]

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As OYO reviews its $1.2 billion IPO, the company remains in wait-and-watch mode

In the face of the current global crisis arising from the Russia-Ukraine war situation, as well as the beating tech stocks have taken in global and domestic markets, the much-anticipated $1.2 billion (Rs 8,340 crore) IPO of the hospitality unicorn may face a further listing delay as well as a reduction in offer size. According

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Rajeev Chandrasekhar, speaking at the BT Crypto Conclave, believes India requires a new digital law

The almost two-decade-old IT Act, which governs India’s cyberspace and internet, has to be replaced with a new digital law, according to Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar. “The basic law that today regulates cyberspace and the Indian internet is called the IT Act. And the IT Act was enacted

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Alibaba’s share buyback program has been increased from $15 billion to $25 billion

Alibaba Group Holding Ltd, the world’s largest e-commerce company, announced on Tuesday that it has increased its share buyback programme to $25 billion from $15 billion for the second time in a year.  Alibaba reported that as of March 18, it has repurchased $9.2 billion of its US-listed shares as part of its programme, which

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MAD Influence and Xfinity Ventures have teamed up to assist influencers to ride the Web3 wave

On Wednesday, Xfinity Ventures, a blockchain technology business, and MAD Influence, an influencer marketing agency, announced a partnership to enable influencers and their fans into the Web 3.0 economy. According to a joint statement, the organizations want to provide a platform for influencers to transition into the Web3 sector and capitalize on the prospects. Cryptocurrencies,

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Aatmanirbhar Bharat is not a closed economy, but rather a global economy: NITI Aayog’s Rajiv Kumar

NITI Aayog Vice-Chairman Rajiv Kumar said on Tuesday that the Atmanirbhar Bharat plan is not a closed economy, but rather one that is globally competitive. Kumar also underlined the importance of creating trust between private investors, the government, academics, and civil society. He commented on the Atmanirbhar Bharat program that “self-reliance is not the same

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Hero MotoCorp reveals a new identity for its EV arm; names it Vida

Vida, Hero MotoCorp’s electric car and emerging mobility solutions branch, received a new brand identity on Friday. Vida’s first electric vehicle will be released in July, according to the company. Following a 2010 family settlement, Hero MotoCorp promoter and Chairman Pawan Munjal were forbidden from using the ‘Hero’ brand name on any electric two-, three-,

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E-commerce roll-up start-up Upscalio generates four D2C brands in its first acquisition

Roll-up e-commerce start-up Gizga, Tizum, Air case, and HomePuff are among the four D2C brands acquired by Upscalio. The companies specialize in next-generation computers, PC and phone accessories, laptop bags, and kitchenware, respectively. Upscalio is up against companies like Thrasio, which just announced its entry into India, and Mensa Brands, which was founded by the

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