About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.



Contribution by Pankaj Singh

Brescon to raise USD 250-300 Mn for its alternative investment fund

Debt resolution and divestment advisory company Brescon & Allied Partners LLP is reportedly in talks with global and domestic investors to raise USD 250-300 million as a part of its Alternative Investment Fund (AIF). The financial advisory firm ...

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Vista & Elliott in final talks to acquire Citrix at USD 13 Bn valuation

Vista Equity Partners and Elliott Management Corp are reportedly nearing a deal to purchase Citrix Systems Inc at a valuation of USD 13 billion. Notably, Vista and Elliott jointly entered the loan market to finance the acquisition at USD 104 per sha...

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FCC invests USD 1.2 Bn to bring broadband connectivity to rural areas

The Federal Communications Commission recently announced that it will be providing USD 1.2 billion funding via its Rural Digital Opportunity Fund to extend broadband services across 32 states. The FCC has also launched its Rural Broadband Accountabi...

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Google to invest USD 1 Billion in Airtel through 1.28% equity purchase

Google LLC has reportedly planned to invest nearly USD 1 billion in Bharti Airtel Limited by purchasing equity of 1.28% and a mutual commercial agreement over the next five years. The internet search giant will invest the amount as part of the compa...

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Samsung eyeing even sharper recovery on strong chip, smartphone demand

Samsung Electronics is expecting an even sharper rebound in the global tech device market in 2022, although it is still wary of the upcoming supply chain disruptions. The recent development comes after the electronics giant recorded a 53% increase to...

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Air India likely to improve its in-flight services under Tata-ownership

Flag carrier Air India is reportedly planning to improve its in-flight catering services for the first as well as the business class under the new ownership of the Tata group. Expanded meal service will be provided on four flights, with the airline ...

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Meta announces plans to develop fastest AI supercomputer in the world

Meta, Mark Zuckerberg’s social media empire has reportedly initiated the development of what is being hailed as the fastest AI (artificial intelligence) supercomputer in the world. This is part of the company’s ongoing effort to construct...

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Tata Technologies to expand its workforce across major markets in 2022

Tata Technologies Limited, a multinational entity that specializes in offering engineering as well as product development services, is reportedly planning to hire over 3,000 tech-innovators in the next 12 months under the group’s extended talen...

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Dental care startup Smiles.ai bags USD 23 Mn in Series A funding round

Smiles.ai, a healthcare startup, has reportedly raised USD 23 million in a Series A funding round that was led by Alpha Wave Incubation (AWI). Some existing investors including Sequoia Capital India and Chiratae Venture had also participated in the r...

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