News That Matters

Foreign direct investment in India jumped 47.8 per cent to $16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. Link: https://lnkd.in/d8f8JUYp #NewsThatMatters #NTM #NTMApp #FinanceNews #BFSI #FDI #IndianEconomy

Volkswagen announced the launch of its ChatGPT-integrated Plus Speech voice assistant. Starting September 6, 2024, this will be live first in 2025 Jetta and Jetta GLI models, along with MY24 ID.4 vehicles equipped with an 82-kWh battery, giving both existing and new customers access to an artificial intelligence database. Link: https://lnkd.in/d-WY7a_W #NewsThatMatters #NTM #NTMApp #Auto #Automobile #AutoSector #AutoNews

Cabinet Committee on Security, on 02 September 2024, approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics (HAL) at a cost of over Rs 26,000 crore inclusive of all taxes and duties. Link: https://lnkd.in/dtbaNws6 #NewsThatMatters #NTM #NTMApp #HAL

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell for a second month in August, dropping to 57.5 from July's 58.1 Link : https://lnkd.in/dB7dJw4Q #NewsThatMatters #NTM #NTMApp #IndustrialNews #RetailSector #ManufacturingNews

Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). Link: https://lnkd.in/dZZimstC #NewsThatMatters #NTM #NTMApp #ecommerce #Finance

L&T Semiconductor Technologies has signed a memorandum of understanding with government-backed Centre for Development of Advanced Computing for jointly working to develop local chip technology and the ecosystem around it, according to a statement on Wednesday. Link: https://lnkd.in/e2XJkQ4z #NewsThatMatters #NTM #NTMApp #TechNews #IT

Telecom major Bharti Airtel is reportedly looking to shut its music streaming platform Wynk Music in a couple of months. Link: https://lnkd.in/dXmrCnY2 #NewsThatMatters #NTM #NTMApp #Airtel #Telecom #WynkMusic

Zee Entertainment Enterprises (ZEEL) and Culver Max Entertainment, operating as Sony Pictures Networks India (SPNI) together with its group company Bangla Entertainment, said they have arrived at “a non-cash settlement, amicably resolving all disputes” over the merger co-operation agreement and the composite scheme of arrangement between the parties, according to the company's joint statement issued on Tuesday. Link: https://lnkd.in/dEtrFrFg #NewsThatMatters #NTM #NTMApp #MediaNews #Corporate #Sony #ZEEEntertainment

The warrant is connected to the platform's alleged contributions to criminal activity including drug trafficking, pedocriminal offenses, and fraud. Link: https://lnkd.in/dnKNjDQt #NewsThatMatters #NTM #NTMApp #Telegram #PavelDurov #IT #Technology

Real estate consultant Anarock stated that residential prices in India’s top seven cities have surged, driven by high-demand areas and increased new supply.  Link: https://lnkd.in/d_KZ6XYM #NewsThatMatters #NTM #NTMApp #RealEstate