Category : Search result: IT sector funding


Musk's xAI secures $20B funding from Nvidia, QIA

Elon Musk's AI startup xAI completes a massive $20 billion funding round with Nvidia and Qatar Investment Authority. The capital will fuel infrastructure and Grok AI development. Read more.

UCO Bank Celebrates 84th Foundation Day in Kolkata

UCO Bank celebrated its 84th Foundation Day in Kolkata, charting a future focused on digital innovation, financial inclusion, and sustainable growth. Read about their vision and achievements.

US Public Broadcasting Body CPB Dissolves After Funding Cut

The Corporation for Public Broadcasting (CPB), a key US media funding body for nearly 60 years, has voted to dissolve after Congress withdrew its federal funding. This marks a major shift for public media, impacting hundreds of local stations. Learn about

Defence, Capital Goods Lead India's Capex Revival

A new report forecasts a strong capital expenditure revival in India, led by the defence and capital goods sectors. Discover the key drivers and investment trends shaping the nation's economic growth.

Arya.ag Raises Rs 725 Crore in Series D Funding

Agritech leader Arya.ag has raised Rs 725 crore in Series D funding. The investment will boost climate-smart farming and market-led practices for Indian farmers. Read more about this major agritech development.

Bank fraud amount up 30% in Apr-Sep 2025: RBI

RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.

Lottery Firm Gives Rs 110 Cr to Tamil Nadu Parties

Kolkata-based Tiger Associates donated Rs 110 crore to DMK and AIADMK in 2024-25, becoming their largest donor. Explore the details of political funding and corporate contributions in Tamil Nadu.

BJP gets 12 times Congress funding in 2024-25

BJP received over ₹6,000 crore in political donations in 2024-25, 12 times Congress' ₹522 crore. Electoral trusts dominate funding post-SC scrapping electoral bonds. Full donor list revealed.

Uttar Pradesh reduces power sector debt by 25%

Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.

Fire at Chandigarh's Sindhi Sweets, Sector 17

A late-night fire gutted Sindhi Sweets in Chandigarh's Sector 17, causing extensive damage. No injuries reported. Fire department investigates possible short circuit. Read for details.

TDP, Jana Sena 2024-25 Donors: Pharma, Solar Firms Lead

The ruling TDP and ally Jana Sena in Andhra Pradesh received bulk funds from pharma, solar, and real estate firms in 2024-25, as per EC reports. TDP's donations dipped to Rs 83.03 crore. Explore the key donors and trends.

UPSC Key Dec 21: Gaganyaan Tests, Funding & Atomic Act

ISRO conducts critical parachute tests for Gaganyaan, political funding via trusts triples post-electoral bonds, and the legacy of India's first Atomic Energy Act. Essential reading for UPSC aspirants.

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