Commonwealth News
Bangladesh Flag Day
Mar 2, 2022
After gaining independence, the first ever flag was waved on March 2, 1971. The green colour in the flag represents the grace of the green landscape while the red disk is a symbol of the sun rising over a new country.
African Metaverse set to boost economy and create employment
Mar 2, 2022
Africa plans to commercialise the 3D virtual reality experience, through Ubuntuland, a virtual land that marries creativity, cryptocurrency, and commerce. Announced at an event in Johannesburg, the virtual land aims to connect Africa to the global digital economy....
Airtel acquires strategic stake in blockchain technology startup Aqilliz
Mar 2, 2022
Bharti Airtel (“Airtel”), India’s premier communications solutions provider, acquires a strategic investment in Singapore-based blockchain tech startup Aqilliz. It is a part of its Startup Accelerator Program where it aims to deploy advanced blockchain technologies...
Ratan Tata-backed BlueStone Jewellery plots Rs 1,500 crore IPO: Report
Mar 1, 2022
Ratan Tata-backed online jewellery startup BlueStone is planning to raise an initial public offering (IPO) of more than Rs 1,500 crore. Existing private equity investors are likely to sell their holdings entirely or partly through an offer for sale (OFS). Read the...
Biocon Biologics to acquire Viatris’ biosimilars business for up to $3.3 billion in stock and cash
Feb 28, 2022
Biocon Biologic (BBL), a subsidiary of Biocon announces to enter into a definitive agreement and acquire Viatris biosimilars business to create a unique fully integrated global biosimilars enterprise. Viatris will receive cash consideration of about $2 billion on the...
St Kitts and Nevis to ban single-use plastics
Feb 28, 2022
Following the footsteps of other Caribbean islands, St. Kitts and Nevis, the two-island nation announces its plan to soon ban single-use plastics. Due to geographical issues, many single-use plastics are not recyclable and take thousands of years to degrade. Plastics...