Current Affairs - Business

Nokia partnered with TATA Play Fiber to introduce India's first WiFi6-ready broadband network, addressing the increasing demand for high-capacity broadband connections in the country.

Fincare Small Finance Bank is set to merge with AU Small Finance Bank starting on February 1, 2024, pending necessary approvals and regulatory endorsements.

Swan Energy, a Mumbai-based conglomerate, purchased Reliance Naval and Engineering for ₹231 crore through its special purpose vehicle, Hazel Infra, strengthening its presence in India's shipbuilding industry and aligning with the Atmanirbhar Bharat initiative for self-reliance.

Paytm is now the official sponsor of the 37th National Games in Goa, held from October 26 to November 9, 2023, inaugurated by Prime Minister Narendra Modi.

The Tata Group is set to become India's first iPhone manufacturer after acquiring Wistron's Indian operations. This move is expected to boost India's electronics manufacturing sector and make the country a more attractive destination for global tech companies. The Tata Group is one of India's largest conglomerates and has a strong track record in manufacturing. The group's acquisition of Wistron's Indian operations is a significant development that will help India become a global leader in electronics manufacturing.