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Mutual funds can reaccept money in international programs

The Securities and Exchange Board of India Sebi has allowed mutual funds to accept fresh money into the international schemes. The regulator has a $ 7

The Securities and Exchange Board of India Sebi has allowed mutual funds to accept fresh money into the international schemes. The regulator has a $ 7 billion limit on mutual fund industry investments in foreign equities. While some fund companies are awaiting further guidance from AMFI, others have decided not to accept the new flows. The room for maneuver for us is very limited, as we have already reached our total house of funds limit of $ 1 billion. Read More..

B2B Tech News | 2 years ago          

Oman Air to join Oneworld alliance

Oman Air is expected to join the alliance in 2024, with members of the carriers Sindbad frequent flyer program able to earn and redeem miles across th

Oman Air is expected to join the alliance in 2024, with members of the carriers Sindbad frequent flyer program able to earn and redeem miles across the alliances member airlines. This news means that Oneworld is sure to have three members in the Middle East – Oman Air, Qatar Airways, and Royal Jordanian. Qatar Airways Group Executive Akbar Al Baker, today it marks a new milestone in Oneworld, as Oman Air become a memberelect of our awardwinning alliance. Oman Air CEO Were delighted to be joining the worlds foremost airline alliance at a time when travel demand is on the rise. Read More..

B2B Tech News | 2 years ago          

Dailyhunt continues its global expansion in the Middle East and North African markets

Digital advertising platform VerSe Innovation has launched Dailyhunt in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait. The native language c

Digital advertising platform VerSe Innovation has launched Dailyhunt in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait. The native language content material platform will soon be partnering with information publishers, together with MENA Newswire, The Brew, Chalk Media, Brandnew, Kompany, Mudgal Kreations, Buzzing, and Gulf. Dailyhunt started its business with more than 5,000 content companions for the UAE market. Read More..

B2B Tech News | 2 years ago          

Semiconductor Addiction Threatens US Security

U.S dependence on Taiwan for advanced semiconductors puts American national security at risk. If Taiwans chip manufacturing capacity went offline or f

U.S dependence on Taiwan for advanced semiconductors puts American national security at risk. If Taiwans chip manufacturing capacity went offline or fell into Chinas hands, Americas technology sector would be devastated. U.S. firms such as Nvidia, Qualcomm, and Apple outsource almost all their manufacturing to Taiwan. The Biden administration has proposed a $50 billion investment in semiconductor manufacturing. China controls critical raw materials that create choke points in the supply chain for semiconductors. The U.S. cant spend its way out of this predicament three policies are needed to win the chip competition. President Bidens proposed $50 billion investment in semiconductor manufacturing is inadequate. Read More..

B2B Tech News | 2 years ago          

QuintoAndar, a Brazilian real estate company, was launched in Mexico

Digital real estate agent QuintoAndar launched in Mexico on Tuesday, expanding the brand for the first time outside of Brazil. The $ 5 billion startup

Digital real estate agent QuintoAndar launched in Mexico on Tuesday, expanding the brand for the first time outside of Brazil. The $ 5 billion startups launched its branded rental program in Mexico City, the capital of Mexico. Instead of charging tenants lease insurance, approves them based on credit analysis. The move comes after the company bought Grupo Navents real estate arm for $5.1 billion in December. It said it chose Mexico because of its size and similarity to Brazil, as well as information management and bureaucracy. Read More..

B2B Tech News | 2 years ago          

Singapore announces S $ 1.5 billion package to ease inflationary pressures

Singapore announced a 1.5 billion Singapore dollar US$1.1 billion package to shield lowincome households from rising living costs. The citystates cent

Singapore announced a 1.5 billion Singapore dollar US$1.1 billion package to shield lowincome households from rising living costs. The citystates central bank expects core inflation to rise further in the coming months. Singapore has been particularly vulnerable to spikes in food and energy prices caused by Covidrelated supply shortages and Russias war in Ukraine. Officials expect the total drawdown from Singapores pandemic relief reserves over three fiscal years to be S$42.9 billion $30.9 billion. Read More..

B2B Tech News | 2 years ago          

Nanoparticles to control light such as road signs

Scientists at The Australian National University ANU have developed a technology that produces two distinctly different images of Australia and the Sy

Scientists at The Australian National University ANU have developed a technology that produces two distinctly different images of Australia and the Sydney Opera House. Developed in collaboration with colleagues from China, Germany, and Singapore, the technology uses nanoparticles so small that about 12,000 of them can fit within a crosssection of human hair. The development could pave the way for new lightbased devices that could lead to faster, cheaper, and more reliable Internet connectivity. By ensuring light flows exactly where it needs to flow, we would resolve many issues with current technologies, Dr. Kruk says. Optical isolators can control the flow of light but they are quite large and are also expensive he says. Read More..

B2B Tech News | 2 years ago          

Ilan Musk directly stated that Tesla will lay off 3.5% of the workforce due to complaints from former employees.

Elon Musk has sought to clarify how many Tesla workers will lose their jobs. The CEO said the firm will be reducing its salaried headcount by 10% and

Elon Musk has sought to clarify how many Tesla workers will lose their jobs. The CEO said the firm will be reducing its salaried headcount by 10% and increasing its hourly staffing. This follows a lawsuit filed against Tesla by former employees alleging it breached U.S. labor laws. Tesla is ,being sued by workers who say they were not given 60 days notice of a mass layoff or plant closure. He recently told employees to work 40 hours a week or leave the company. While other tech bosses, including Parag Agrawal, the CEO of Twitter, have embraced the drive into remote working, Musk isnt on board. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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