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Vulcan to supply CO2-free lithium to Stellantis from Germany

Vulcan is one of a number of companies testing a direct lithium extraction method that uses less land and groundwater. Lithium is a core component for making lithium-ion batteries used in electric vehicles.

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Nissan to spend $17.6 billion to accelerate electric-vehicle drive

Nissan Motor will introduce 23 electrified vehicles by 2030, including 15 electric vehicles, and plans to introduce all solid-state batteries by March 2029, according to a statement released on Monday.

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Facebook-Giphy deal set to be blocked by UK regulator

The United Kingdom’s Competition and Markets Authority is set to reverse the Facebook-Giphy deal in what would be the first time the regulator has reversed a Big Tech acquisition, Financial Times reported.

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Paytm share price falls 4.6% as net loss widens in Q2 on higher expense

Paytm raised $2.5 billion in India's biggest IPO earlier this month but made a dismal debut on the stock exchanges. Its net loss widened in the September quarter due to higher expenses but revenue rose 63.6%.

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Clearlake Capital to buy Quest Software from Francisco Partners

Quest Software was part of Dell's software division, which the company divested in 2016 to focus on its technology portfolio and bolster its balance sheet after it agreed in October to buy data storage company EMC for $67 billion.

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Deep Dive Into Decentralised Finance: Valuing DeFi Blockchains

DeFi system allows financial products to appear on a public blockchain network which is not regulated by a central bank or intermediary. There are other elements to DeFi like basic metrics and valuing DeFi blockchains that need to be explored for in-depth understanding.

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Cars24 zooms to $3B valuation; Behind the Paytm IPO debacle

We’d leave the year-end musings for a later edition of the newsletter but for now, we have a mix of scooplets, exclusives, and a deep dive into Paytm’s IPO to charge you up for a brand new week.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...