Radium Team

While presenting the Union Budget, Finance Minister Nirmala Sitharaman announced the creation of a nationwide tele-mental health initiative for mental health counselling. The programme will be supported technologically by IIT Bangalore. She also stated that the National Digital Health Ecosystem will have an open platform. She explained, “It will include digital registries of health professionals […]

Google, a subsidiary of Alphabet Inc., will invest up to $1 billion in Bharti Airtel in a move that might help the Indian telecom operator’s digital capabilities, according to a BSE filing on Friday. According to the firms, the investment involves a USD 700 million equity investment in Airtel for 734 rupees (USD 9.77) per

Future Retail is running out of time, as the Kishore Biyani-backed retailer has filed a Supreme Court petition seeking an extension on the January 29 deadline to repay lenders Rs 3,500 crore in debt installments. Future, India’s second-largest retailer, has been unable to execute a USD 3.4 billion retail asset transfer to a competitor since

Hero FinCorp (HFCL), a consumer banking company, plans to raise Rs 2,000 crore from current and previous investors for business reasons. This capital raise round will see Hero MotoCorp (HMCL) invest Rs 700 crore. The investment will be made in HFCL’s CCPS (compulsorily convertible preference shares). According to Hero’s exchange statement, HMCL owned 41.2 percent

Swiggy, a food delivery service, revealed on Monday that it had secured $700 million in a new investment round headed by Atlanta-based Invesco. Several new investors joined the round, including Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Axis Growth Avenues AIF- I, and others, according to the business. The Bengaluru-based

Indian nationals will soon receive chip-enabled e-passports that will allow them to pass past immigration checkpoints all around the world with ease. Sanjay Bhattacharya, the Secretary of the Ministry of External Affairs, confirmed the situation in a recent tweet. These e-passports, he claimed, will secure biometric data, be compliant with ICAO standards, and be created

The platform for logistics Delhivery has announced its investment in Falcon Autotech, a developer of logistics automation systems. However, the amount spent in Falcon Autotech by Delhivery has not been disclosed. Delhivery expects to collaborate with Falcon Autotech to build and deploy innovative automation solutions for transportation and warehousing operations as a result of this

Ducati, the Italian superbike manufacturer, announced on Monday that it will launch 11 new motorcycles in India this year. All-new models such as the Scrambler 800 Urban Motard, Multistrada V2, Multistrada V4 Pikes Peak, Streetfighter V4 SP, MY22 Panigale V4, and the X would be released. “We promised to debut 15 new models at the