Aye Finance, a CapitalG-backed fintech lender to the MSMEs said on Tuesday that it had reached ₹1,000 crore Asset Under Management (AUM) milestone within five years of inception. CapitalG, earlier known as Google Capital, is the late-stage growth venture capital fund that helps companies grow faster with the support of Google’s resources. Started in 2014, the lender has disbursed ₹1,700 crore to …
Last month we heard Lenovo is dropping plenty of its Moto series, but the G line will stay with a fourth powerful addition to the family. Today the Moto G7 Power got certified in Thailand with the model number XT1955-4, while the FCC listing revealed the device will have a battery capacity of 5,000 mAh. The model on FCC revealed …
Indian mobile manufacturing industry is expected to touch Rs 132,000 crore by the end of 2018, Electronics and IT Minister Ravi Shankar Prasad said on Thursday. India manufactured about 110 million mobile phones in 2015-16 as compared to 60 million in 2014-15, a growth of over 90 percent. In value terms, India’s mobile manufacturing industry produced mobile phones worth Rs 54,000 crore …
Bitcoin rises to $10,920 on BitStamp HIGHLIGHTS Just as bitcoins, Ethereum, Litecoin, Cardano also fall On January 3, the average closing price of bitcoins was $15,201 Bitcoin’s market cap is $180 billion on Wednesday The bitcoin prices on Wednesday rose marginally to $10,920 on Wednesday in run up to $11,000. The cryptocurrency prices have been, by and large, on a …
Disclaimer: This story is for informational purposes only and should not be taken as investment advice. You can earn a regular monthly income just by investing a substantial portion into mutual funds. However this may include the impending tax liability. In a mutual fund query, an investor wanted to know where they should invest to earn Rs 50,000 on a monthly …
As the most intensive air bombardment of the war has rained down on opposition-held east Aleppo this week, an army of some 6,000 pro-government fighters has gathered on its outskirts for what they plan will be an imminent, decisive advance. Among those poised to attack are hundreds of Syrian troops who have eyed the city from distant fixed positions since …
Turkey will release some 38,000 prisoners under a penal reform announced on Wednesday as the arrests of tens of thousands of people suspected of links to last month’s attempted coup burden overstretched jails. The reform, extending an existing probation scheme, was one of a series of measures outlined on Wednesday in two new decrees under a state of emergency declared …
Since its inception just two months ago, the International Alumni Job Network already has 10,000 alumni engaged and it is on track to reach 100,000 by the end of the year. The network is tailored for Asian alumni who have graduated from universities in Australia, Canada, the UK and the US, who can browse the online jobs board and look …
A teardown press report by research firm IHS reveals that for Apple, it costs only Rs. 10,563 to manufacture the iPhone SE. Apple priced the 16GB iPhone SE at $399 in the U.S., and has a margin of $230 to tackle logistics, distribution, and other expenses and profits. In India, a price of Rs. 39,000 leaves a margin of Rs. 29,000 …
Tesla Motors CEO Elon Musk said Friday that “pre-orders” for the Model 3 electric car had hit 198,000, an encouraging sign a day after the novel vehicle aimed at a mass market was unveiled here to an enthusiastic crowd. The Model 3 drove onto a stage through a curtain of fog at a lavish ceremony in a converted hangar adjoining the SpaceX factory in this …