Ritambhara Jha

97 published stories

Ritambhara Jha is a Trainee Correspondent at Business Tabloid, covering news of various business sectors in the Indian market. She also reports industry updates and market performance of Indian start-up companies. She has a strong interest in reading books on journalism, psychology and philosophies.

Finance

Adani Spikes Investment in Ambuja to Fuel Growth Trajectory

Construction company Ambuja Cements, on Wednesday, said it achieved a significant milestone in its growth trajectory under the Adani portfolio with an additional investment of ₹8,339 crore ($998.3 million) in the warrants program. The construction firm said the company’s promoter raised its overall investment to ₹20,000 crore, which resulted in a 3.6% increase in Adani’s […]

Ritambhara Jha18 April 20241 min read

Leadership

BharatPe Elevates Nalin Negi to Take Over as CEO

Fintech operator BharatPe, on Tuesday, elevated Nalin Negi as Chief Executive Officer of the company, effective immediately. In August 2022, Negi joined BharatPe as Financial Chief of the company. Before which, he held senior positions with SBI Card, an institution launched by the State Bank of India and General Electric Capital. Overall, he has almost […]

Ritambhara Jha17 April 20241 min read

Technology

Namma Yatri Launches Zero-Commission Cabs Services in Bengaluru

Auto ride-hailing app Namma Yatri launched Namma Cabs services in Bengaluru, on Tuesday, as it has been expanding with the growing users, to provide safety, service quality, and overall driver welfare. The homegrown app said it boasts cost optimization, with over 40 lakh consumers and 1.7 lakh drivers earning ₹300 crore ($358.20 million) commission-free. It […]

Ritambhara Jha17 April 20241 min read

Technology

Metaverse911 Launch MEC in Noida

Blockchain services Metaverse911 launched Metaverse Experience Center (MEC) in Noida, Uttar Pradesh on Tuesday, to redefine the way the industry learns and explores Immersive extended reality (XR) Technologies. In October 2023, Allied Market Research published a report with regard to the metaverse in the automotive industry, where it mentioned global metaverse in the automotive market […]

Ritambhara Jha16 April 20241 min read

Finance

Jio, BlackRock Join Forces for Wealth Management in India

Indian conglomerate Jio Financial Services, on Monday, signed a 50-50 joint venture with global asset management firm, BlackRock Inc and BlackRock Advisors Singapore for setting up the wealth management and broking business in India. The company has informed National Stock Exchange (NSE) about the joint venture (JV), the newly launched collaboration is subject to regulatory […]

Ritambhara Jha16 April 20241 min read

Leadership

Arjun Mohan Steps Down as CEO of Byju’s

Global ed-tech company Byju’s, on Monday, said Arjun Mohan, Chief Executive Officer of Byju’s India stepped down from his role, after serving in the role for a very short period. The company named former chief executive of UpGrad India Arjun Mohan to take over as CEO of Byju’s India, succeeding a founding employee Mrinal Mohit, […]

Ritambhara Jha15 April 20241 min read

Technology

Meta Tests AI Chatbot across WhatsApp, Instagram

Facebook parent company Meta, on Sunday, began testing its artificial intelligence (AI) chatbot, Meta AI, with users based in India and parts of Africa. This chatbot, power-driven by a large language model (LLM), is now being tested on WhatsApp and Instagram. The move demonstrates Meta’s goal of leveraging its enormous user base across many platforms […]

Ritambhara Jha15 April 20242 min read

Leadership

Wipro Appoints Malay Joshi as CEO of Wipro Americas

Technology services and consulting company Wipro, on Wednesday, appointed Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately. Joshi has been with consulting company for nearly three decades. He joined technology services company in 1996 and has served in various roles in media and communication services, including the position […]

Ritambhara Jha11 April 20241 min read

Leadership

Paytm Payments Bank CEO Surinder Chawla Resigns

Digital finance company Paytm Payments Bank (PPBL) said Surinder Chawla, Chief Executive Officer of the company resigned on Monday, on account of personal reasons and to explore promising professional prospects. The company said Chawla’s resignation as Executive Chief will take effect on June 26, at the latest, unless changed by mutual consent in a regulatory […]

Ritambhara Jha10 April 20241 min read

Leadership

Wipro Appoints Srini Pallia as CEO

Technology services and consulting company, on Saturday, Wipro appointed insider Srini Pallia as Chief Executive Officer of the company, effective immediately. Pallia has been with Wipro for over three decades. He joined Wipro in 1992, Pallia held various leadership roles, including the role of President of the company’s Consumer Business Unit, also, he was the […]

Ritambhara Jha8 April 20241 min read

Technology

PhonePe, Star Health to Offer Health Insurance

Payment app company PhonePe partnered with Star Health and Allied Insurance company (Star Health Insurance) on Wednesday, to offer customers health insurance with a monthly and annual payment option. PhonePe said its users can now avail “Star Comprehensive Insurance Policy” with up to ₹1 Crore ($120.05 million) in coverage on the PhonePe app. The company […]

Ritambhara Jha5 April 20241 min read

Technology

PhonePe Signs Agreement for Cross-Border Payments in Singapore

Digital payment app PhonePe and Singapore Tourism Board (STB), economic development agency on Wednesday, signed a memorandum of understanding (MoU) for two years, to enable clients to instantly make cross-border transactions from their current Indian bank accounts. The agreement was formally signed by Ritesh Pai, CEO of PhonePe and Melissa Ow, CEO of STB. This […]

Ritambhara Jha5 April 20241 min read