Tag: News

Saudi Exchange prepares to launch a new generation of debt and derivatives products 

RIYADH: The Saudi Stock Exchange is preparing to introduce a new generation of investment products, with a particular focus on debt instruments and derivatives,...

GCCs step up AI upskilling to meet tight adoption deadlines

SynopsisAccording to consultancy ANSR, more than 70% of GCCs in India are now in charge of their company’s global AI mandate, which includes model...

UAE launches US$1 billion AI for Development initiative to advance digital infrastructure across Africa

The UAE has announced the launch of the AI for Development initiative, worth US$1 billion, to support and finance artificial intelligence projects in African...

Accel partners with Google to back Indian AI startups with $2 million co-investment

SynopsisThis partnership, through the Google AI Futures Fund, will also back diaspora founders building for India and global markets. Under the cohort, selected startups...

Sheikh Mohammed approves record Dh302.7-billion Dubai budget for 2026–2028

The budget lists total revenues of Dh329.2 billion, with an operating surplus of 5 per cent Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has...

Key milestone, will mark new growth chapter amid online, qcomm boom: Shiprocket CEO on upcoming IPO

SynopsisGoel told PTI in an interview said the IPO will be an important milestone as it "institutionalises" the company that has evolved from being...

Groww Q2 Results: Cons profit jumps 12% YoY to Rs 471 crore, but revenue drops 9.5%

SynopsisGroww Q2 Results: The company said its consolidated revenue from operations came in at Rs 1,018.74 crore, a 9.5% YoY fall from Rs 1,125.38...

Saudi Monsha’at, NCIM ink deal to empower SMEs

RIYADH: Saudi Arabia’s Small and Medium Enterprises General Authority, also known as Monsha’at, has signed a deal with the National Center for Inspection and Monitoring...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...