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Saipriya Iyer

Saipriya Iyer

Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i

Contribution by Saipriya Iyer

GWM inks MoU with Maharashtra Government to set up production plant

Published Date: 2020-06-18         Author: Saipriya Iyer

Great Wall Motor (GWM), a Chinese automobile manufacturer, has reportedly signed an MoU (memorandum of understanding) with the government of Maharashtra. This MoU has been signed by the company to set up a manufacturing facility in the state. The manufacturing plant was acquired by GWM from Gener... Read More

Clix Capital to acquire Lakshmi Vilas Bank through a merger agreement

Published Date: 2020-06-17         Author: Saipriya Iyer

Clix Capital, an AION backed non-bank lender, has reportedly shown its preliminary interest to procure Lakshmi Vilas Bank. In a latest stock exchange filing, the private sector bank stated that it has already inked a non-binding intent letter regarding a proposed amalgamation of the bank with Clix C... Read More

Reliance Industries eyeing another ₹5,000-10,000 cr for Jio Platforms

Published Date: 2020-06-15         Author: Saipriya Iyer

From the past two months, Reliance Industries’ Jio Platforms Limited, India’s leading digital service platform, has been luring investors across the world. After raising a mammoth amount from numerous investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR... Read More

MOF and IRAS announce $450M wage credits payouts for 95K employers

Published Date: 2020-06-12         Author: Saipriya Iyer

The MOF (Ministry of Finance) and IRAS (Inland Revenue Authority of Singapore) have recently announced wage credits payouts of nearly $450 million for more than 95,000 employers. The employers will receive these payouts by 30th June. Under these payouts, the Singapore government will co-fund 20% ... Read More

BP announces its plan to lay off 15% workforce due to COVID-19 crisis

Published Date: 2020-06-09         Author: Saipriya Iyer

BP plc, a multinational oil and gas company, has recently announced its plan to lay off 15% of its workforce due to the ongoing coronavirus crisis. This announcement goes in line with the plan of Bernard Looney, the company’s Chief Executive to shift its focus from the oil & gas major to r... Read More

Jetstar and Qantas to begin air travel after heavy safety changes

Published Date: 2020-06-05         Author: Saipriya Iyer

Qantas as well as Jetstar are going to increase the number of domestic routes from the month of July. Both airlines will be witnessing an increase in capacity from about 5% from pre-coronavirus levels to around 15% towards the end of June. This essentially equals to over 300 return flights every wee... Read More

UK government achieves more than 200,000/day testing capacity goal

Published Date: 2020-06-01         Author: Saipriya Iyer

The U.K. government has claimed that it has achieved its target of daily COVID-19 tests with a capacity of about 200,000 towards the end of May. The United Kingdom Prime Minister, Boris Johnson had set a target 200,000 tests per day in the early days of the month, but it was later revealed that t... Read More

GoBear raises $17M funds led by Walvis Participaties & Aegon N.V.

Published Date: 2020-05-28         Author: Saipriya Iyer

GoBear, a Singapore-based fintech firm, has recently raised a new funding round worth $17 million led by Dutch Venture Capital Walvis Participaties & Aegon N.V. The company is a financial supermarket in Asia, which serves the main purpose of improving the financial health of customers. GoBear... Read More

Telstra beats rollout target & launches 5G network across 47 cities

Published Date: 2020-05-27         Author: Saipriya Iyer

Telstra is reportedly building its 5G network ahead of time and has extended its reach across 47 Australian cities. Additionally, the company is unveiling a mobile broadband device that can compete directly with the NBN (National Broadband Network). As per the statement made by Channa Seneviratne... Read More

BigBasket plans to raise $150-200M funds to boost online grocery sales

Published Date: 2020-05-26         Author: Saipriya Iyer

BigBasket is reportedly planning to raise funds worth nearly $150-200 million, owing to the rising opportunities of online grocery sales due to the nationwide COVID-19 lockdown. In the initial days of the lockdown, supply chains were disrupted. However, e-Commerce has emerged subsequently as the ... Read More

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