Company News

Audi Joins Deutsche Telekom and Ingolstadt City for Connect 5G Technology in Car

By Sarah Lavallee October 10, 2019

In a bid to provide more connected vehicles in the future, Audi has signed a memorandum of understanding with Deutsche Telekom and Ingolstadt City. According to the press released by the German carmaker, this agreement will enable Audi to use 5G Technology in its cars in the future. The primary aim of the agreement is […]Continue Reading

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Government To Boost Dubai’s Status As Center For SME Growth; Dubai Will Become Progressive Base For SMEs

By Sarah Lavallee July 2, 2019

The government is coming up with new initiatives so as to simplify the carrying business and to minimize the cost of doing business in Dubai. With these initiatives, Dubai’s economy is entering into a new development stage. Dubai is on its way to becoming a progressive base for all small and medium-sized enterprises (SMEs). The […]Continue Reading

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JP Morgan Working On Top Secret Digital Banking Programme In London

By Norma Stanley June 18, 2019

The emergence of Fintech and technology into the financial world has been a big jolt to banks that had enjoyed a near monopoly for decades. However, the easy availability of the internet, cheap data plans, and internet-only banks have the potential of completely upending the banking sector in a way that was thought unimaginable even […]Continue Reading

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Fintech Investments on Standard Chartered Innovation Fund’s Agenda

By Brian Stanley June 13, 2019

One of the most important developments over the past half a decade or so has been the breakneck speed at which financial technology or Fintech has developed into one of the world’s most important industries. The scope of the industry is immense, and now many of the world’s biggest banks are taking notice of the […]Continue Reading

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Chainalysis Gives Clarification about Allegations Made by Coinbase

By Katherine Miller March 7, 2019

In the industry of blockchain intelligence, Chainalysis is one among many high-profile companies and a well-known blockchain analytics firm that is situated in New-York. To allow law enforcement agencies, companies and governments to supervise transactions done by blockchain and keep track of any suspected illegal activities, it offers technology tools like proprietary Continue Reading

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Indian Fintech Firms Get an Invitation from Bahrain

By Adrian Todaro March 6, 2019

Bahrain is planning to grow and endorse themselves as a ‘financial tech hub,’ therefore, they went and approached Middle Eastern nations looking for participants. They are looking for Indian companies to participate in the fintech industry so that they can grow it in this region. Bahrain plans to develop the technology of blockchain in India […]Continue Reading

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Digital Currency Startup in Bermuda will be Getting Banking Services from Signature Bank

By Evan Vaughn March 6, 2019

Since the time digital currencies and assets have come into existence, firms that deal with them, have found it very difficult to get funds from traditional financial institutions as they have been resistant about offering bank services to them. There is one bank, however, which is going against the conventional way and offering banking services […]Continue Reading

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Matrix Group owner interrogated by Enforcement Director over ICICI- Videocon Loan Case

By Adrian Todaro March 5, 2019

On Sunday, the Enforcement Directorate (ED) for the third time interrogated the former ICICI Bank CEO and MD Chanda Kochhar and meanwhile convicted Nishant Kanodia, the chairman of Matrix Fertilizer. Deepak Kochhar and Venugopal Dhoot were deeply questioned by the ED, and after completing the process of interrogation for the day, they left the investigating […]Continue Reading

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Jet Airways Grounds Seven More Planes

By Brian Stanley February 28, 2019

On Wednesday, the domestic airline firm in India, Jet Airways has grounded seven more aircraft as the carrier has failed to make the payments to its lessors, taking the tally of planes hamstrung by the defaults to thirteen. On an official press release, “Jet Airways is currently is actively engaged with all its aircraft lessors,” […]Continue Reading

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Uber to Sell $330 Million Food Delivery Business in India to Swiggy

By Sarah Lavallee February 23, 2019

Swiggy is reportedly closing on a deal to acquire Uber Eats, the food delivery arm of online cab booking company Uber. The business was launched in January 2017 and is currently worth over $330 million. At the time of launch, Uber India had high hopes from Uber Eats, however stiff competition from established giants like […]Continue Reading