Tue, Jul 27, 2021 1:59 PM
Zingbus generates Rs 44.6 crore in funding round led by Infoedge ventures
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IDFC First Bank share price traded over 5% lower on Monday after the private lender announced its financial results for the fourth quarter of FY24. IDFC First Bank shares declined as much as 5.64% to ₹80.05 apiece on the BSE.IDFC First Bank’s net profit in Q4FY24 declined by 10% to ₹724 crore from ₹803 crore in the year-ago quarter, dragged by a substantial rise in provisions.
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Frankfurt-based tech company Northern Data NDTAF has seen a significant change in its business model, which has caught the eye of investment bank Berenberg. Northern Data, previously known for its Bitcoin BTC/USD mining operations, has shifted its focus to cloud solutions and data center infrastructure. This transformation has led Berenberg to predict a substantial increase.
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Electric vehicle maker Rivian Automotive Inc. RIVN has revealed a new charger design that will open its Rivian Adventure Network (RAN) to a wider range of EVs later this year. Expanding Accessibility: In a press release, Rivian announced plans to make the RAN accessible to all compatible EVs through the new charger design.
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