investment

Reliance Company Jio Platforms to Soon Launch Satellite Internet Service

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Reliance Industries’ Jio Platforms, which has businesses ranging from telecom to petroleum, may soon launch satellite internet service in the country. For this, Jio Platforms has formed a joint venture Orbit Connect with Luxembourg’s SES. Billionaire Elon Musk’s Starlink and a unit of e-commerce and technology company Amazon have also launched satellite internet in the … Read more

Elon Musk Gives Congratulations to PM Narendra Modi on Lok Sabha Election Win, Indicates Tesla Entry in Country

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Elon Musk, the chief of American electric vehicle (EV) maker Tesla, has congratulated acting Prime Minister Narendra Modi on the victory of the Bharatiya Janata Party and its alliance in the Lok Sabha elections. He has said that he is looking forward to his companies doing business in the country in a better way. Prime … Read more

IT Sector Continues retrenchment, Microsoft lays off More than 1,000 Workers

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In the last few months, a large number of workers have been laid off in the information technology sector. Microsoft, one of the big IT companies, has laid off more than 1,000 workers from its mixed reality unit. This unit is associated with the HoloLens 2 augmented reality headset. One of The Information Report It … Read more

Mahindra Planning Big for Electric Vehicles, to Invest Rs 120 Billion

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Mahindra & Mahindra, one of the largest automobile companies, has planned to expand its Electric Vehicles (EV) business. For this, the company will invest about Rs 120 billion in its EV unit. It plans to sell some assets related to its EV business to its EV unit for Rs 7.96 billion. In the fourth quarter … Read more