PC: The Economic Times  The Indian Semiconductor Mission is all set for a big financial boost. Reports are doing the rounds that funding for the same will be increased by The post Indian Semiconductor Mission to Get $10 Billion Funding Boost appeared first on Business Outreach ..read more

PC: Global Fintech Series Strategic Expansion to the Middle East Grath is an international leader in the provision of financial services and technology in regulatory compliance. The company has just The post Grath Expands into the Middle East with New Office in Dubai International Finance Centre appeared first on Business Outreach ..read more

Data accuracy is crucial in finance. Mistakes can lead to financial losses, regulatory fines, and damaged reputations. One powerful tool that can help improve data accuracy in financial systems is The post Improving Data Accuracy in Financial Systems with LEI Register appeared first on Business Outreach ..read more

In a key step toward financial market integration across borders, Dubai Financial Market and Shenzhen Stock Exchange signed an MoU that aims to facilitate cross-border trading and investment between the The post The Dubai Financial Market has Signed a Memorandum of Understanding with the Shenzhen Stock Exchange appeared first on Business Outreach ..read more

Perfios, a B2B software supplier for financial institutions, has secured $80 million in a round-headed by Teachers’ Venture Growth (TVG), the Ontario Teachers’ Pension Plan’s late-stage venture and growth fund. The cash will be used to extend the company’s international footprint as well as to pursue inorganic development options. The company intends to use the funds to expand internationally and strengthen its global footprint, as well as to explore inorganic growth options, according to a media statement issued on March 13th. On Wednesday, fintech company Perfios announced that it had raise ..read more

Reddit is aiming for a valuation of up to $6.4 billion in its upcoming US initial public offering (IPO), the social media site announced on Monday, as it approaches one of the most anticipated stock market debuts in recent years. The IPO, a crucial litmus test for investors’ appetite for fresh listings, will take place more than two years after the company began preparing to go public. So far this year, the IPO market has recovered unevenly. Reddit is aiming for a valuation of up to $6.4 billion in its upcoming US initial public offering (IPO), the social media site announced on Monday, as it ..read more

Accenture’s acquisition of ed-tech platform Udacity is part of a larger commitment to invest $1 billion over three years in improving upskilling prospects for its clients. Udacity, an ed-tech platform headquartered in California, will be acquired by Accenture for an undisclosed sum. The move is part of Accenture’s larger plan to invest $1 billion over three years to improve upskilling options for its clients. Accenture also launched LearnVantage, an upskilling platform, on Tuesday to attract clients who need technological learning and training services in technology, analytics, and artificial ..read more

The price of Bitcoin has increased dramatically this month and is heading for its largest monthly gain since December 2020.  According to the article, Bitcoin was trading at around $61,100 on the morning of February 29th. This marked a rise of over 44% for the month so far.  If the price continues rising at this rate, it will be Bitcoin’s strongest monthly performance in more than three years. The last time it increased this much over a month was December 2020. Some key factors that have contributed to Bitcoin’s price surge in February include: Launch of Bitcoin spot ETFs in the US ..read more

Celestial Aviation was among numerous aircraft leasing businesses that had approached the NCLT for recovery of outstanding payments from the debt-laden airline. SpiceJet has settled its $29.9 million dispute with aircraft lessor Celestial Aviation Services, removing a major roadblock as the ailing airline attempts to regain its footing. The debt-ridden airline is entangled in a number of legal issues with creditors and aircraft leasing companies over outstanding payments. SpiceJet recently received an additional ₹316 crore in investment to support its expansion and debt repayment.  The a ..read more

Jesper Brodin, worldwide CEO of Ingka Group, underlined India’s importance due to its size, noting that Ikea’s worldwide strategy is consistent with the features of the Indian market, striving to serve a huge population with significant demands at accessible rates. According to Jesper Brodin, Global CEO of Ikea’s franchisee holding firm Ingka Group, India is a “top one, two, and three market” for investment in the furniture store. In an interview with The Economic Times, Brodin acknowledged that India is a “challenging market,” stating that it is difficult to keep up with the country’s rapid ..read more