Tag: billion
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Bigg Boss OTT information 4 billion minutes of watch time in 15 days
New Delhi: JioCinema, the video streaming platform owned by Mukesh Ambani’s Reliance Industries Ltd, has recorded 4 billion minutes of watch time throughout 35 million viewers for actuality present Bigg Boss OTT within the first 15 days. Over 150 million votes have been registered within the first two weeks, the corporate mentioned in a press…
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New York State Constructed Elon Musk a $1 Billion Manufacturing unit. ‘It Was a Unhealthy Deal.’
“You nearly must pinch your self, proper?” New York’s then-Gov. Andrew Cuomo mentioned at a development ceremony for the manufacturing unit in 2015. “That that is too good to be true.” Eight years later, that appears like a fairly good evaluation. New York state paid to construct a quarter-mile-long facility with 1.2 million sq. ft…
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GIC to purchase 74% stake in Genus Energy’s good metering enterprise for $2 billion
New Delhi: Singapore’s sovereign wealth fund GIC will purchase a 74% stake in Genus Energy & Infrastructure’s new good metering options enterprise for $2 billion, the corporate mentioned in a press launch. Publish the deal, Gem View Funding, an affiliate of GIC will maintain a majority stake of 74% and controlling rights within the platform,…
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ICEA units up process drive to boost Indo-US electronics commerce to $100 billion by 2033
New Delhi: The Indian Mobile & Electronics Affiliation (ICEA) has arrange a process drive to make sure that Indo-US electronics commerce goes up from $8 billion to $ 100 billion inside a decade, stated the apex business physique in a press release. This comes after India and the US joined forces to drive ahead transformative…
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Micron to arrange $2.75 billion India chip meeting facility
The American chipmaker will arrange an meeting, testing, and packaging facility for dynamic random entry reminiscence (DRAM) and Nand flash modules in India. The plant will probably be established in two phases, with the primary section involving the development of a 500,000 sq ft meeting facility in Sanand, Gujarat, scheduled to start later this 12…
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Hyundai plans to promote 2 million EV models by 2030, to speculate $85.41 billion
South Korean auto producer Hyundai Motor Co introduced that it plans to speculate about 109.4 trillion received ($85.41 billion) within the interval by way of to 2032. Round 35.8 trillion received might be allotted for electrical autos (EVs), it acknowledged. The automaker, in an announcement, additionally stated that it plans to spend about 109 trillion…
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Intel to take a position $25 billion to construct manufacturing unit in Israel
Santa Clara, California-based chipmaker Intel Corp. has agreed in precept to construct a $25 billion manufacturing plant in Israel. The brand new plant to be in-built Kiryat Gat, south of Tel Aviv, is slated to begin operations by 2027 and stay lively till a minimum of 2035. Israeli Prime Minister Benjamin Netanyahu has hailed it…
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Michael Jordan to promote majority stake in Charlotte Hornets in $3 billion deal
Basketball legend Michael Jordan has determined to promote most of his stake within the Charlotte Hornets, a staff within the NBA (Nationwide Basketball Affiliation). The individuals aware of the matter knowledgeable that the deal is being finalized with a gaggle led by Gabe Plotkin and Rick Schnall for $3 billion. The transfer will pull curtains…
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Hindustan Energy Alternate crosses 5 billion models commerce inside 11 months of launch
New Delhi: Hindustan Energy Alternate (HPX) on Thursday stated that its has crossed 5 billion models (BU) in traded energy inside 11 months of launch. HPX was capable of cross this landmark amid a fast enhance in buying and selling quantity throughout contingency and lengthy length contracts (LDC) segments, the corporate stated in a launch.…
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Nasdaq to Purchase Monetary-Software program Agency Adenza for $10.5 Billion
Nasdaq has agreed to accumulate Adenza, a maker of software program utilized by banks and brokerages, in a $10.5 billion cash-and-stock deal, folks conversant in the matter mentioned. The deal furthers Nasdaq CEO Adena Friedman’s efforts to rework her firm from an operator of marketplaces—whose earnings fluctuates with buying and selling volumes—to a extra tech-centric…