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

Coal India's capex grows 65% to USD 30.34 billion in June quarter

Coal India Ltd. (CIL) has reportedly ramped up its capital expenditure (capex) by 64.8% to USD 30.34 billion in the June quarter of 2022-2023 from USD 18.41 billion in the previous year. This was primarily due to improved spending on land acquisition...

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MarketWolf bags USD 10 million in funding to expand its product suite

The latest fundraising was spearheaded by Jungle Ventures as well as Dream Capital. MarketWolf has managed to raise USD 17.4 million in funding to date. MarketWolf, a stock trading platform, has reportedly secured USD 10 million in a fresh ...

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Dalrada, Banyan Infrastructure partner to create ESG banking solutions

Dalrada Energy Services (DES) is reportedly teaming up with software firm Banyan Infrastructure to offer advanced and secure cloud-based software-as-a-service (SaaS) solutions as well as strengthen banking transparency for projects focusing on enviro...

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Amazon launches its first fully autonomous warehouse robot Proteus

Amazon has reportedly launched its first fully autonomous mobile robot which is predominately created to transport huge containers across its warehouses. The robot, called the Proteus, is unlike some of the retailer’s earlier robots that it kep...

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Air India to buy 300 planes to regain market share under new ownership

Air India Ltd. is reportedly contemplating placing one of the largest orders in commercial aviation history, of up to 300 narrow-body aircraft as the formerly state-run airline prepares to modernize its fleet under Tata’s supremacy. Sources ...

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ShareChat parent Mohalla Tech raises USD 78 Mn Series H funding

Mohalla Tech, the parent company of social media platform ShareChat, has reportedly secured a series H round of USD 78 million at a valuation of USD 4.9 billion. The round was initiated by Singapore-based Temasek Holdings and Google’s parent Al...

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Facebook app likely to undergo major redesign to better compete TikTok

Several Meta executives including Facebook CEO Mark Zuckerberg have long made it clear that outshining short-video platform TikTok is their current priority. To that effect, the social networking giant is now planning for a major redesign of the Face...

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Amazon shares marketplace data with rivals to avoid hefty fines by EU

To persuade the European Union (EU) antitrust regulators to shut down their investigation without levying a fine by the year-end, Amazon Inc. has reportedly pledged to share its marketplace data with sellers as well as increase the visibility of riva...

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Streaming giant Spotify eyeing USD 100 billion in the next 10 years

Spotify is reportedly planning to generate around USD 100 billion in revenue along with vast profits in the next decade, which will be facilitated through its costly developments into audiobooks and podcasts. Sources claimed that for the music str...

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