R Swathi

267 published stories

R Swathi is a reporter for Business Tabloid specializing in banking, technology, and energy sectors, hailing mostly across the regions of Middle East and Asia Pacific. She exhibits a profound passion for consistent learning and personal growth.

Finance

Paytm to Continue Working as Usual, Says CEO

UPI Payments firm Paytm Chief Executive Vijay Sharma took to X, formerly known as Twitter, guaranteeing its users that the app will continue to work as usual beyond February 29, on Friday. Earlier this week, the Reserve Bank of India, under section 35A of the Banking Regulation Act, 1949, released an official notice stating Paytm […]

R Swathi2 February 20241 min read

Technology

Verimatrix, AWS Partners to Boost Speed, Reliability for OTT Content Security

Software developer Verimatrix, on Thursday, partnered with Amazon Web Services (AWS) to enhance scalability, availability, and user-friendliness for Verimatrix’s Streamkeeper Multi-DRM cloud-based over-the-top (OTT) content security platform. Streamkeeper Multi-DRM is a cloud-native digital rights management (DRM) designed to protect applications, content, revenue, and multi-tenant platform which control all aspects of digital assets protection. The platform […]

R Swathi2 February 20241 min read

Energy

Hazer Initiates Production of Hydrogen, Graphite at CDP, Australia

Clean technology developer Hazer Group started production of hydrogen and graphite at Commercial Demonstration Plant (CDP) on Wednesday, by introducing feed gas to the reactor at Hazer process conditions. The research service firm said it expects an increase in its operational capacity through the first half of 2024, while ensuring safe execution of performance testing […]

R Swathi1 February 20241 min read

Energy

AG&P LNG Sells Stakes to Nebula Energy for $300 Mln

LNG terminals and downstream infrastructure company AG&P LNG sold a majority stake to low-carbon energy solutions designer Nebula Energy on Wednesday, for an investment of $300 million to fast-track LNG terminal development across emerging markets in South and Southeast Asia. Subsidiary of AG&P Group said it will operate as an independent subsidiary of Nebula Energy […]

R Swathi1 February 20242 min read

Finance

Northern Arc, Karnataka Bank Partners to Offer Financial Solutions

Financial service provider Northern Arc Capital partnered with banking institution Karnataka Bank (KBL) on Wednesday, to offer customer-centric financial solutions to retail borrowers. The non-banking financial firm said to provide its technology platform nPOS to Karnataka Bank for co-origination, co-lending and pool buy-out. Co-origination involves collaborative lending between a bank or financial institution and a […]

R Swathi31 January 20241 min read

Energy

Schneider Electric, Charge&Go Partners to Boost EV Infrastructure in UAE

Energy management and automation firm Schneider Electric partnered with Charge&Go, tech investment firm on Tuesday, with an aim to drive the development of electric vehicle (EV) charging infrastructure in the UAE. The electric vehicle industry is greatly blooming in the Middle East region. Global automobile competitors have branched out to introduce EV models in hopes […]

R Swathi31 January 20241 min read

Energy

GAIL India Inks Long-Term Contract with ADNOC Gas

Oil and gas firm Gail India, on Monday, signed a 10-year agreement to purchase 0.5 million metric tons per annum (MMTPA) of liquefied natural gas (LNG) from peer company ADNOC Gas to strengthen the cultural and economic bonds between India and the United Arab Emirates (UAE). This newly inked deal will commence from 2026 onwards […]

R Swathi30 January 20241 min read

Energy

QatarEnergy, Excelerate Signs Deal for 15-Year LNG Supply to Bangladesh

Oil and gas firm QatarEnergy signed a 15-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with Texas-based peer Excelerate Energy on Monday. Excelerate agreed to purchase about 1 million tonnes per annum (MTPA) of LNG from QatarEnergy and deliver to floating storage and regasification units in Bangladesh, said the company. The firm also […]

R Swathi30 January 20241 min read

Energy

DEWA to Adopt Microsoft’s Copilot to Enhance Operations

Government entity Dubai Electricity and Water Authority (DEWA) equipped its workforce with the most recently introduced Microsoft 365 Copilot and Microsoft Security Copilot on Sunday, becoming one of the first UAE government entities to adopt the innovation of the tech giant. DEWA said this incorporation is to utilize innovation and technology to enhance efficiency, productivity, […]

R Swathi29 January 20241 min read

Finance

SoftBank Ventures Asia Rebrands as SBVA

Venture capital firm SoftBank Ventures Asia said it will officially change its brand name to SBVA, on Sunday, effective on February 1. This initiative was enforced after Singapore-based The Edgeof acquired SoftBank Ventures Asia from its parent firm SoftBank Group Corp (SBG) in April 2023. The firm said the rebranding aims to encompass technological singularities […]

R Swathi29 January 20241 min read

Real Estate

Mercedes-Benz Join Forces with Binghatti Properties to Venture into Real Estate

Mercedes-Benz, on Thursday, launched its new real estate project Mercedes Benz Places | Binghatti in collaboration with Binghatti Properties, property developer, with an aim to integrate automotive and architecture. The firm said, Benz Places | Binghatti poise 65-storey residential tower that will deliver a holistic, connected, and desirable luxury living experience. Additionally, the firm said, […]

R Swathi25 January 20241 min read

Technology

Oracle Strengthens Collaboration with Etisalat by E& to Enhance AI Capabilities

IT Services and IT Consulting service provider Oracle Corp extended its collaboration with telecommunication firm Etisalat by e& on Tuesday, by deploying NVIDIA H100 GPU clusters within Oracle Cloud Infrastructure (OCI) Dedicated Region, to enhance AI capabilities hosted at Etisalat by e& Data Centers. The collaboration aims to facilitate the localization and development of cutting-edge […]

R Swathi24 January 20241 min read