Key Facts: IMF is a major financial agency of the United Nations, and an international financial institution funded by 191-member countries. It is headquartered in Washington, D.C. Prime Highlights: India's…
Key Facts: Tech Mahindra is an Indian multinational information technology services and consulting company. Google is an American technology company focusing on online advertising and cloud computing. Prime Highlights: Tech…
Key Facts: Reliance Jio is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. It operates a national LTE network with coverage across all 22…
Key Facts: The Purchasing Managers' Index (PMI) is a monthly economic indicator that tracks the direction of business trends in the manufacturing and services sectors. PMI is a key indicator…
US-based automation giant, Rockwell Automation, is seeing India as an important manufacturing destination and expanding its presence here. The company has started constructing a new factory in Chennai that it…
Mahindra & Mahindra has rechristened its electric SUV from "BE 6e" to "BE 6" after the trademark issue with InterGlobe Aviation Limited, the owner of IndiGo Airlines. The dispute came…
The Indian rupee breached a new record low versus the US dollar on Wednesday, closing at 84.74 per dollar. That was driven by a rising dollar index and strong demand…
Expansion in India is fast for Apple Inc. as the country now adds significantly to the tech giant's iPhone production. Data from The Trade Vision (TTV) reveals that iPhones made…
Bajaj Auto Ltd, India's largest auto manufacturer, said it sold 421,640 vehicles in November 2024, up 5% year on year. According to the company, sales for the month came in…
The credit flow to the state's priority sectors is most likely to be substantial; for the fiscal year 2024-25 (FY25), the aggregate amount of lending is to reach Rs 5.73…
London-based Vedanta Resources, the parent of India-based Vedanta Limited listed in the UK, raised $800 million through a new bond. The company partly used the amount for the redemption of…
Quick-commerce platforms—that is, those offering ultra-fast delivery of goods—are an important aspect of the emerging tech landscape in India. The Finance Minister argued that such startups represent an innovation that…
Indian government bond yields are likely to advance on Friday with the supply of debt in the weekly auction and high U.S. yields having been sustained, a trader at a…
On Monday, the rupee gained 8 paise to 84.38 in early trade after a run of losses recently. This gain was seen against a strong US dollar and also despite…
RBI Governor Shaktikanta Das asserted India's economy is sound with both the economy and the financial system ready to face global challenges. Speaking at the launch of the Kochi International…
JPMorgan Chase & Co has established a derivatives development unit in the GIFT City, or Gujarat International Finance Tec-City, in India, which marks a big step for the bank as…
The AMG C 63 S E Performance launched by Mercedes-Benz India at a starting price of ₹1.95 Crore is officially available for booking and deliveries will reportedly be in the…
Apple Inc. has announced the establishment of a wholly-owned subsidiary in India, which it has named Apple Operations India. This is part of its expansion for research and development in…
India has shown a growth trajectory in digital payments, especially using the Unified Payments Interface (UPI), as a result the banking sector is changing its strategies by enhancing digital capability.…
UST Global, a prominent provider of digital transformation solutions, has further strengthened its pledge towards enhancing its footprint in India with the opening of a second delivery center in Bengaluru,…
The country developed a remarkable presence in the global market and more specifically broadened the geographical outreach within the last five years to the markets of oil, diamonds and sugar.…
Swiss technology giant Hitachi Energy on Wednesday said it will invest Rs 2,000 crore in India over the next four to five years to aggressively expand its production capacity and…
As one of the major players in renewable energy in the country, Tata Power has recently asked for bids to source over 3 Gigawatts of wind turbine capacity. The tenders…
Nestlé India chairman and managing director Suresh Narayanan briefed media persons on the mounting challenges to the FMCG sector, particularly in metropolitan regions, at a recent briefing. This report came…
World Bank President Ajay Banga recently spoke about one of the most promising factors in the world economy-the rapid growth India has been recording. Talking to reporters in Washington before…
Qualcomm Inc., the US-based leading fabless chip maker, plans to source some of its products from India in two years as semiconductor fabrication facilities come up in the country. Cost…
Commerce and Industry Minister Piyush Goyal launched a district master plan under PM GatiShakti on Tuesday. According to an official, it is intended to improve infra planning in India's 27…
One of the biggest investment projects lined up is Gaurs Group's Rs 4,000-crore commercial project on 17 acres at Noida, claimed by Chairman and CMD Manoj Gaur as one of…
The Tata name is synonymous with modern India, appearing in everyday products-from the tea that starts each morning to the buses that facilitate daily commutes and the hotels where many…
Godrej Appliances will reach more than Rs 10,000 crore at the end of FY26. The company has yet again established a new revenue high of Rs 6,947 crore for FY22.…
In the third strategic move in its overall offloading of a major chunk of its housing loan book to reduce credit burden in the face of persistent regulatory pressures on…
Foxconn, the Taiwanese contract manufacturer, may invest a whopping $1 billion in a smartphone display module assembly unit, its first ever in Tamil Nadu. The operation would mainly service Apple's…
SAP Labs India, which is the largest research and development hub for the German software behemoth outside its headquarters, is stepping up efforts to propel global AI innovations. Managing Director…
The Adani Group's power transmission utility is presently esteemed at enterprise level to be worth $18.5 billion. According to a recent report that was conducted, it indicated the company was…
India and the US can take bilateral trade to the next level in the future, from its current position of $200 billion to much higher and up to $500 billion,…
State-owned Life Insurance Corporation of India (LIC) has earmarked Rs 600 crore for comprehensive digital transformation and seeks to go paperless in the next two years, as part of a…
On Monday said it is expanding its strategic partnership with Google Cloud to scale up its adoption of Google Cloud AI. In the expanded collaboration, Wipro will use Vertex AI…
The Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal said that the shipbuilders of Japan and South Korea are keen to invest in India's emerging shipbuilding industry. This interest…
Abu Dhabi Crown Prince Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, during his official visit to India, oversaw the signing of two landmark agreements aimed at enhancing trade and…
Cleantech startup Exposome has secured Rs 10 crore in a pre-Series A funding round, led by Colossa Ventures, a women-focused venture capital firm. Other participants in the round included 3i…
India has emerged as a hotspot for global capability centres (GCCs), attracting both Fortune 500 companies and smaller mid-sized firms eager to leverage the country's skilled workforce, cost efficiency, and…
India's beauty and personal care (BPC) market is on a robust growth trajectory, projected to reach $34 billion by 2028, according to the latest Nykaa Beauty Trends Report. This represents…
Suzlon Energy has finalized the sale of its corporate headquarters, ‘One Earth,’ in a ₹440 crore sale-and-leaseback transaction with OE Business Park Private Limited, a special purpose vehicle managed by…
The World Bank has revised its growth forecast for India’s economy to 7% for the fiscal year 2025 (FY25), up from an earlier estimate of 6.6%. This upward adjustment, announced…
India's foreign exchange reserves have reached a record high of $681.688 billion, surpassing the previous peak of $674.919 billion by $7.023 billion, according to the latest data from the Reserve…
India has cleared the final hurdle for the merger of Air India Ltd. and Vistara by approving a $360 million investment from Singapore Airlines Ltd., marking a significant milestone in…
India remains one of the most important markets globally for Canon, where the Japanese multinational expects to maintain its double-digit growth trajectory, driven by a robust economy and rising demand.…
Earlier this month, executives from Alphabet Inc.'s Google DeepMind, Microsoft Corp., and Meta Platforms Inc. gathered in Bangalore to witness the unveiling of a groundbreaking product from one of India’s…
Revrag, a B2B sales firm, secured $600K in a pre-Seed fundraising round headed by Powerhouse Ventures. Notable investors included Viral Bajaria, Kunal Shah of CRED, Deepak Anchala, Vetri Vellore, and…
TransBnk, a Mumbai-based fintech business, has raised $4 million in its Series A fundraising round, led by 8i Ventures. The round included Accion Venture Lab, GMO Venture Partners, Ratio Ventures,…
India has the potential to become a $55 trillion economy by 2047 if it maintains an average real growth rate of 8 percent annually and keeps inflation around 5 percent,…
A recent report by Zendesk reveals that artificial intelligence (AI) is poised to revolutionize customer experience (CX), with nearly 89% of industry leaders in India anticipating significant changes. According to…
Wise Payments Ltd., a London-based fintech firm, is set to resume onboarding new customers in India for overseas remittances, targeting a market that has reached $32 billion. The company had…
On August 12, Amara Raja Energy & Mobility’s share price increased by 3 percent in early trading following the announcement of a new partnership. By 9:36 AM, the company's shares…
Fourteen times was the Rs 6,154-crore IPO of Ola Electric Mobility subscribed. The public offering consisted of both a new offering and a buyout offer. Following a significant over-subscription to…
Saurabh Shah, Deputy Chief Financial Officer (CFO) of Adani Enterprises, stated that the company plans an Rs 80,000 crore capital expenditure (capex) in FY25, with Rs 50,000 crore allocated towards…
Sauce.vc, a consumer-focused early-stage venture capital firm, has closed its third fund at Rs 365 crore (about. $43.6 million). "The fund was oversubscribed by three times in four weeks, and…
Gautam Adani mentioned that he consulted his two sons and two nephews about whether they prefer to divide the Adani Group's extensive businesses. The chairman of Adani Group, Gautam Adani,…
The company also increased its annual sales projection on both ends of the spectrum, indicating better visibility of revenue growth. Cognizant Technologies, a Nasdaq-listed company, outperformed Wall Street expectations for…
In Wednesday's trading session, shares of GAIL (India) Limited, the country’s largest natural gas company, surged by 5.4 percent, reaching a new 52-week high of Rs. 246.35. This rise followed…
Mahindra & Mahindra (M&M) reported a standalone net profit of ₹2,612.63 crore for the first quarter of FY25, reflecting a 5.3% decline from ₹2,759.43 crore in the same period last…
Expressing optimism about steel demand despite current challenges, a senior central government official stated on Saturday that domestic production is expected to exceed 300 million tonnes by 2030. The Ministry…
On Friday, July 26, VST Industries' stock price surged by as much as 7.41%, reaching an intraday high of Rs 4,290 per share. This rally followed the company’s announcement of…
According to the latest Economic Survey report, Odisha's economy expanded by 8.5% in the fiscal year 2023-24. The state's Gross Domestic Product (GDP) reached approximately Rs 8.3 lakh crore (USD…
In June, PhonePe held a 48.34% market share in the Unified Payments Interface (UPI) ecosystem, processing nearly one out of every two transactions on the NPCI-run platform. PhonePe's platform processes…
The Airbus H125 is a single-engine helicopter capable of carrying up to 7 people, including the pilot. It can cruise at 136 knots and has a range of 340 nautical…
The government will ensure that MTNL does not default on its bonds, said Communications Minister Jyotiraditya Scindia on Thursday. He also announced the upcoming establishment of a project management unit…
The bill, however, was put on hold on Wednesday night after industry veterans condemned it. BJP state president BY Raghavendra on Thursday warned the government of ramifications if it fails…
In a pioneering blended finance model, IndusDC, a venture studio dedicated to reducing 1 gigatonne (GT) of CO2 emissions by 2035, has allocated ₹100 crore for FY25 and FY26 to…
Circuit House Technologies, a consumer electronics company, has raised $4.3 million in a new financing round headed by Stellaris Venture Partners and 3one4 Capital. The financing also included Mamaearth co-founder…
PepsiCo CEO Ramon Laguarta stated on Thursday that India will continue to be a high-demand market for many years, emphasizing the company's significant investments in infrastructure to seize this "massive…
Union Commerce and Industry Minister Piyush Goyal attended Samvad, the Northeast region's first outreach programme for investors and industry, in Itanagar, and guaranteed local entrepreneurs of government support. Goyal had…
QarmaTek, an electronics renewal and refurbishment firm, has raised $1 million (Rs 8.3 crore) in a pre-Series A round headed by Umang Nahata, Rakesh Raman, and Vishal Makwana. It has…
GSK's antibiotic Augmentin and USV's anti-diabetic medication Glycomet GP remained the top-selling medical brands, with sales of Rs 76 crore and Rs 66 crore, respectively. According to market research firm…
Vedanta is one of the world's leading natural resources companies with operations spanning India, South Africa, Namibia, Liberia, the UAE, Korea, Taiwan, and Japan. The company has significant activities in…
Sneaker startup Comet earns $5 million from Elevation Capital and Nexus Ventures. Utkarsh Gupta and Dishant Daryani created Comet, a native lifestyle footwear company, in 2022. Comet, a sneaker startup,…
Amocare, a wellness brand, raised $400,000 in a pre-seed fundraising round led by FAAD Network and AngelBay Holdings. According to an Amocare press statement, the revenues will be used to…
RVNL shares increased by 3% to Rs 420.70 from the previous close of Rs 409.05 on BSE. A total of 9.28 lakh RVNL shares changed hands, generating a transaction of…
Sid's Farm, a direct-to-consumer (D2C) dairy brand, has successfully raised $10 million in Series A funding, co-led by Omnivore and the Narotam Sekhsaria Family Office (NSFO). In January of the…
Adani Enterprises and Adani Transmission have already secured shareholder approvals to sell shares to investors. The Adani Group plans to invest Rs 1.3 trillion in FY25 across its various businesses,…
General Catalyst plans to invest between $500 million and $1 billion in India over the coming years, leveraging a deeper understanding of the local ecosystem. Consequently, the Venture Highway brand…
Unikon.ai, a new peer-to-peer networking platform founded by serial entrepreneur and investor Aakash Anand, has successfully raised $2 million in seed funding. The investment comes from a distinguished group of…
Volvo CE India, a subsidiary of the Swedish Volvo Group, is strategically positioned to double its market share in the segments it operates within the country, as highlighted by a…
Mazagon Dock shares surged 17.70% to Rs 3989 from the previous close of Rs 3389.05 on BSE. The firm's market capitalization increased to Rs 77,197 crore on the BSE. Mazagon…
Founded in 2018 by Aashka Goradia, Priyank Shah, and Ashutosh Valani, the firm claims to have over 200 goods in its beauty and perfume divisions portfolio, which are accessible on…
GitHub CEO Thomas Dohmke envisions India as a potential global leader in artificial intelligence (AI), driven by its rapidly expanding developer base. Currently, India is the world's second-largest internet economy…
Vellayan Subbiah, Executive Vice Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam (Chola) Investment and Finance, has won the prestigious EY Entrepreneur of the Year Award 2024.…
Igor Sechin, CEO of Rosneft, Russia’s largest oil producer, addressed the Energy Panel at the 27th St. Petersburg International Economic Forum, highlighting several key points about the global oil market…
Following the termination of its $10 billion mega merger with Sony earlier this year, Zee Entertainment Enterprises Limited (ZEEL) announced on June 6 that its board has granted in-principle approval…
Pune-based fintech company Fibe has consistently generated profits for 12 consecutive quarters. The company recently raised $90 million in a Series E funding round led by TR Capital, Trifecta Capital,…
The Election Commission of India declared the results of the 543 seats' elections this morning, following a protracted procedure. The Bharatiya Janata Party (BJP) will have to rely on its…
Results of the Varanasi Lok Sabha Election 2024 LIVE: With the record margin he is aiming for, will PM Modi be able to hold his position? Or would Ajay Rai…
A further $50 million has been raised by the construction supplies marketplace Infra.Market from the Mars Unicorn Fund, a partnership between Japanese bank MUFG and global asset manager Liquidity Group.…
In line with the 2024–25 plan for internationalization of the Indian currency, the RBI will allow persons residing outside of India (PROIs) to open rupee (INR) accounts outside of India.…
Pharmaceutical major Alkem Laboratories reported a significant 313.9% increase in its consolidated net profit (attributable to the company's owners) to ₹293.5 crore in the quarter ended March 31, 2024, from…
Suhas B Shetty, inspired by the abundant supply of pure milk in his hometown Nellore, founded Iceberg Organic Icecreams to provide preservative-free, organic ice cream options to customers. Today, his…
Ashok Leyland Ltd reported a robust standalone net profit growth of 20% in the fourth quarter, reaching ₹900 crore compared to ₹751 crore in the same period last year. However,…
Vodafone Idea's share price saw a significant jump of over 4% on Friday's trading session after global brokerage firm UBS upgraded its rating on the stock from 'Neutral' to 'Buy'.…
ThinKuvate, an angel investment network based in Singapore, has acquired a SEBI license to launch its inaugural India-focused fund with a corpus of INR 100 Cr. The fund's primary objective…
Venture Catalysts contributed Rs 2 crore to the pre-seed round of funding for healthtech firm Humors Tech. The money raised will go toward expediting the commercial introduction of the company's…
DrinkPrime, a water purifier startup from Bengaluru offering subscription-based water purification services to Indian households, has raised $3 million in a fresh funding round. The investment was led by SIDBI…
Titagarh Rail Systems' shares soared, gaining over 9 percent in the morning trade on May 16, as investors celebrated the company's robust financial performance during the March quarter of FY24.…
Shares of Vedanta Ltd soared to a 14-year peak of Rs 438.30 on the Bombay Stock Exchange Tuesday, surging 6% amid heavy trading volumes. The rally came after the company…
The CEO went on to say that the business has been improving services for clients through a number of initiatives, such as optimizing digital assets and introducing new connected TV…
Tata Motors, India's leading automotive giant, is anticipated to report impressive financial results for the fourth quarter of the fiscal year 2023-24. According to a recent poll of six broking…
SIDBI Venture Capital Limited (SVCL) has contributed $4 million to the latest fundraising round for Myelin Foundry, a deep tech AI business. Subh Labh, Pratithi Investment Trust, and Endiya Partners…
After a severe funding winter in 2024, Indian startup financing increased in April, continuing to show signs of recovery. Indian companies raised $868 million between April 1 and April 26,…
Bahl follows in the footsteps of several former BharatPe executives who went on to build their own venture capital firms and businesses, including GrowthCap Ventures, OTPLess, and OTP Ventures. Former…
In November, Bajaj Finance was compelled to stop issuing loans via "eCOM" and "Insta EMI Card" when the RBI discovered that it had omitted information in its key fact statement…
Established in 2018-19, 'Note' was founded by Delhi residents Saurabh Mehta and Shivani Mehta with the goal of addressing the environmental impact of traditional pens. After realizing that only 5…
In the quarter ending March 2024, Dolat Algotech witnessed a significant surge in net profit, skyrocketing by 1047.55% to Rs 68.05 crore compared to Rs 5.93 crore in the same…
Hyundai Motor Group, headquartered in South Korea, announced on Thursday its intention to elevate the annual production capacity across Hyundai and Kia brands in India to 1.5 million units per…
LTIMindtree, India's fifth largest IT services company, reported a net profit of ₹1,100.7 crore for the January to March 2024 quarter, according to the firm's financial results released on April…
Coatue Management led the round, with participation from Greenoaks, Peter Thiel's Founders Fund, and other current investors. The $200 million Series F investment round for the workforce management startup Rippling…
In order to produce well-known games, Tina Balachandran, Anurag Banerjee, and Karan Shroff formed LightFury Games in 2024. In a seed fundraising round, the gaming business LightFury Games raised $8.5…
In the fourth quarter, revenue from operations surged by 29 percent to Rs 11,485 crore compared to Rs 8,905 crore in the corresponding period of the previous year. Bajaj Auto…
The International Monetary Fund has revised India's GDP growth upwards for the ongoing fiscal year. According to the World Economic Outlook released on Tuesday, the IMF now forecasts India's GDP…
Garden of Joy, a landscaping startup, announced on Thursday that it has secured Rs 84 lakh in a seed funding round led by Inflection Point Ventures (IPV). The company intends…
According to the Center, this grant will support CfHE's efforts to encourage innovation and entrepreneurship in the healthcare industry even further. The Indian Institute of Technology (IIT), Hyderabad's Center for…
The internet went abuzz with responses after a recent post garnered viral attention. Blinkit, a quick-commerce platform, has teamed up with Atomberg to deliver ceiling fans within 12 minutes. A…
Anshul Shrivastava, CEO, and Kumar Saurav, CTO, aim to transform sales operations for businesses by leveraging the capabilities of generative AI technology, reducing reliance on human sales personnel. The co-founders…
Two significant Taiwanese manufacturers, Foxconn and Pegatron, have contributed significantly to Apple's increased production output in India. Apple plans to assemble $14 billion worth of iPhones in fiscal 2024, increasing…
Voltas achieved a significant milestone by becoming the first Indian company to surpass 2 million AC unit sales in a single financial year. The company attributed this accomplishment to sustained…
In line with analyst expectations, RBI has left the repo rate unchanged at 6.5 percent. India's central bank has kept the rate unchanged since April 2023. India's central bank has…
Established in accordance with the SIDBI Act of 1989, the Small Industries Development Bank of India (SIDBI) celebrates 34 years of dedicated service in nurturing entrepreneurship, fostering innovation, and driving…
His journey stands as an inspiring beacon for budding entrepreneurs worldwide, underscoring the belief that with unwavering determination and innovative thinking, all obstacles can be overcome. In the vibrant streets…
SydeLabs, a startup specializing in AI security and risk management, has successfully secured $2.5 million in its seed funding round led by RTP Global. Notable participation came from Picus Capital…
According to an internal document, Indian food delivery giant Swiggy incurred a loss of $200 million for the nine months leading up to December 2023. The company is currently eyeing…
Suzlon Group, India's premier producer of renewable energy solutions, has received a major credit rating improvement from CRISIL. CRISIL upgraded Suzlon's rating to 'A-' with a Positive Outlook on March…
Mumbai was the world's fastest growing billionaire capital, with 92 billionaires, up 26 in the year, putting it third in the world and Asia's billionaire capital. India added 94 new…
In a bid to accelerate the adoption of electric vehicles (EVs) in India, Mahindra & Mahindra (M&M) announced the signing of a memorandum of understanding (MoU) with Adani Total Energies…
Optimo Loan, an MSME-focused lending-tech business, has raised $10 million in a seed round led by Blume and Omnivore, with additional contributions from the company's founder, Prashant Pitti. According to…
It is also projected that Eichers' average selling price will outperform the industry, given the debut of its new 450cc platform and many 650cc launches. Eicher Motors Limited shares soared…
The battery technology startup LOHUM has revealed that it has secured $54 million in Series B funding from a number of new and established venture firms, including Singularity Growth, Baring…
Ankush R Barjata, the creator of DEEVA, an online sari store, has demonstrated the power of persistence and invention in a competitive industry, demonstrating that entrepreneurial ambitions can blossom even…
Reliance announced in a stock exchange filing that it had inked a legally binding contract with two Paramount Global companies to purchase Paramount Global's 13.01 percent equity holding in Viacom…
Six new regional airlines have launched as a result of Prime Minister Narendra Modi's leadership, according to Minister of Civil Aviation Jyotiraditya Scindia. Tuesday saw the debut of FLY91, a…
Among the 70 startups featured at the 9th edition of TiECON Chandigarh at Hyatt Regency, Chandigarh, Tashvin Foundation's stall stood out prominently. In a noteworthy trend, female entrepreneurs are spearheading…
In a regulatory filing, Bharat Heavy Electricals Ltd (BHEL) announced that it has secured an order from power giant NTPC to establish a 1,600 MW Singrauli thermal power project (Stage-II).…
Manoj Sinha, the Lieutenant Governor of Jammu and Kashmir, unveiled a new startup policy aimed at establishing 2,000 startups in the Union Territory by 2027. The 'New Jammu & Kashmir…
Shares of SJVN Ltd rose by 2.5% following the announcement that its subsidiary, SJVN Green Energy Ltd (SGEL), secured a 200 MW solar project in Gujarat. The project, estimated at…
Venture Catalysts, India's pioneering integrated incubator and the largest early-stage investment firm, has announced its leadership in the Pre-Series A funding round for Bandhoo, along with other prominent investors injecting…
Nandish, and Kalpesh Gulechha founded the D2C brand in 2006, producing fashionable Jewellery for a variety of events. A secondary buy-out is also a part of this deal, offering India SME…
When Reliance Industries (RELI.NS) and Walt Disney (DIS.N) combine their India media businesses, Nita Ambani, the wife of Indian billionaire Mukesh Ambani, is expected to be named chair of the…
The executive, originally from Iran, is presently visiting the country. Uber CEO Dara Khosrowshahi, who is currently in India, not only views the country as a market with immense potential…
On Friday, Yulu Bikes, an electric bike-sharing platform, announced that it has successfully raised USD 19.25 million (Rs 160 crore) in equity funding by issuing shares to its existing strategic…
Today, ABB India's stock price surged, hitting a 52-week high as it was locked at over a 10% upper circuit, reaching ₹5,019.00 per share on the BSE on Wednesday, February…
Last week, the company secured a project valued at Rs 262 crore for the redevelopment of the Ministry of External Affairs Housing complex in the national capital. Following this announcement,…
Titagarh Rail Systems witnessed a robust surge of over 8% in early Monday trading following the announcement of a new order from the Ministry of Defence. Titagarh Rail Systems shares…
Endiya Partners, the venture capital firm, is poised to introduce its third fund, targeting a corpus ranging from $100 million to $125 million. This fund will continue to concentrate on…
Adani Green Energy intends to establish a renewable energy capacity of 30 GW at the Khavda park within the next five years. The company has confirmed the commencement of energy…
Deeptech startup Torus Robotics has secured $470K in its seed round, with Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) taking the lead under the Tamil Nadu Emerging Sector Seed Fund…
At just 27 years old, Pearl Kapur, the founder of the unicorn startup Zyber 365, has emerged as India's youngest billionaire. Kapur retains a 90 percent stake in his unicorn…
"At the Monetary Policy Committee announcement, RBI Governor Shaktikanta Das proposed adopting a principle-based framework for the authentication of digital payment transactions to facilitate the use of such mechanisms for…
Zomato, the online food delivery app, is set to unveil its financial results for the quarter ended December 31, 2023, on February 8. According to brokerages, the platform is anticipated…
Launching the retail sale of 'Bharat Rice', Union Minister Piyush Goyal emphasized the government's commitment to providing daily food items to consumers at affordable prices. In a move to alleviate…
The $1.2 billion facility is expected to commence the first phase of operations by the end of March. The Adani Group, led by billionaire Gautam Adani, is constructing the world's…
During the October-December quarter, Tata Motors shares surged by 24%, outperforming the Nifty 50, which saw a 10.7% increase over the same period. Additionally, the stock achieved a new high…
Nova Agritech had a favorable market debut, as its shares were listed at a 36.5 percent premium over the IPO price on January 31. Opening at Rs 55 on the…
Over the past 10 months, the market capitalization of LIC has surged by $30 billion, and its shares experienced a 1.9 percent increase on Tuesday. The share prices of Life…
On January 28, ICICI Lombard declared that it would pay ₹100 crore to purchase a 1.08 percent share in Karnataka Bank. "The Board of Directors of Karnataka Bank on January…
With strong domestic demand countering weakness in Europe, Tata Steel on January 24 turned a net loss of Rs 2,501.95 crore in the same quarter last year to a consolidated…
On Tuesday, private lender Axis Bank revealed that its net profit for the quarter that concluded on December 31, 2023, increased by 3.7% to Rs 6,071 crore from Rs 5,853.07…
The contract for the jumbo jet is a significant victory for Boeing in the narrowbody Indian market, which has hitherto been dominated by Airbus aircraft. Yesterday at Wings India, the…
Asian Paints announced on January 17 that its consolidated net profit for the third quarter of the 2023–24 fiscal year was Rs 1,475.16 crore, up 34.4 percent from Rs 1,097.06…
On January 17, shares of the Indian Renewable Energy Development Agency (IREDA) shot up more than 5% to an all-time high of Rs 125.60 on the NSE, defying the general…
With IRFC's stock rising 295 percent over the last year, investors' capital has nearly tripled. Over the last two years, it has produced an incredible 400% return. On January 15,…
Coastal and marine tourism will make up 26% of India's blue economy. According to a new research from The Organisation for Economic Cooperation and Development (OECD), India's coastline tourism industry…
On Wednesday, N Chandrasekaran, the chairman of Tata Sons, announced that the Tata Group will construct a semiconductor factory in Dholera, Gujarat. N Chandrasekaran discussed the company's growth and investment…
On January 9, Bajaj Auto's stock price increased by 5% following the announcement of an alluring Rs 10,000 share buyback price. Although the buyback price appears appealing, Nuvama calculations indicate…
As the Tata group company increases its focus on green energy, Tata Power intends to invest Rs 55,000 crore in wind and solar power generation in Tamil Nadu over the…
The biggest airline in India, IndiGo, has removed the fuel fees it had been imposing on both domestic and international routes due to a decline in the price of jet…
On January 4, Tata Motors broke a two-day losing run and closed 2.1 percent higher at Rs 798. This came after global stockbroker JPMorgan upgraded the stock to 'overweight' and…
One of the richest people in India, billionaire Radhakishan Damani, increased his ownership of Hyderabad-based VST Industries to little more than 32% on Tuesday by purchasing more than 2.22 lakh…
Adani Total Gas Limited has signed a Memorandum of Understanding (MoU) with Flipkart to support the e-commerce giant's efforts to reduce its carbon footprint across its supply chain. The Adani…
The KP Group has placed a fresh order with Suzlon Group, a developer of renewable energy solutions, for the construction of a 193.2 MW wind power project. This will be…
In real terms, India's GDP will probably increase by 6% in FY25, the Reserve Bank of India said in its "state of economy" report, which was made public on Wednesday.…
Antler led a $1 million seed round for HouseEazy, an online marketplace for pre-owned homes, which also included participation from India Accelerator, AC Ventures, Agility Ventures, Finvolve Ventures, Pirojsha Godrej,…
In a pre-Series B investment headed by BC Jindal Group and including current investors DSG Consumer Partners, Omnivore, and Alkemi Partners, the healthy snack company Farmley raised $6.7 million. In…
After the Navratna PSU company announced that it had received an order worth Rs 1,500 crore from the National Cooperative Development Corporation (NCDC) to construct warehouses and other agricultural infrastructure…
The D2C menswear design firm Snitch has secured a Series A fundraising round co-led by SWC Global and IvyCap Ventures, totaling about Rs 110 crore, or $13 million. Snitch claimed…
According to numerous industry insiders, a group of three private equity firms—Chrys Capital, Capital Group, and Everbridge Partners—are seeking to reduce their ownership position in Mankind Pharma, which is valued…
According to a corporate exchange statement, Jubilant Agri and Consumer Products Limited (JACPL) announced the death of its chief executive officer and full-time director, Manu Ahuja, on December 9. "Mr.…
According to persons with knowledge of the situation, Tata intends to build the factory in Hosur, in the southern state of Tamil Nadu. Conglomerate Tata Group intends to capitalize on…
According to Kotak, Suzlon Energy's market capitalization has increased significantly more than the value that would probably be created by adding more capacity. In a strategy note released on Tuesday,…
The next five years will be the "Amrit Kaal" for India's equity markets, according to veteran investor Madhusudan Kela. In an exclusive interview, Kela discussed the Bharatiya Janta Party's unexpected…
In a strategic joint venture, SAIC Motor of China and the JSW Group, led by Sajjan Jindal, will each own a 35% share in MG Motor India. The Shanghai-based Chinese…
The Tata Group intends to grow its production plant in Hosur, India, which makes iPhone cases. The proposed expansion could quadruple the size of the existing plant, taking up 500…
According to a report on Tuesday, the Chinese payments company Alipay intends to sell its 3.4% share in the world's largest food delivery company Zomato Ltd. for Rs 3,300 crore…
This year's BTS will cover a wide range of topics, including deep tech, startups, biotech, and electronics, as well as an international exhibition and multiple tracks of conferences. Bengaluru Tech…
In an effort to increase user engagement, OpenAI has added a voice feature to ChatGPT, the large language model-based chatbot that was introduced last year. Both the paid and free…
Since Singhania announced his separation from Nawaz Singhania, his wife of 32 years and a board member of Raymond, on November 13, the stock has fallen 12%, wiping out more…
FactoryPlus, a digitisation app for MSME factories, was acquired by Bizongo. Bizongo will welcome Vatsal Rustagi, Sparsh Kovarala, and Bikash Dash from FactoryPlus, along with their team. Bizongo will provide…
Thanks to a number of factors including declining crude oil prices, buying by foreign institutions, easing inflation prints, moderation in US yields, and expectations of a longer break on rate…
The highest total in a World Cup elimination round was achieved by India, ahead of Daryl Mitchell's almost unbelievable 134 off 119. India had no business giving New Zealand the…
Snack Company In a seed round managed by Artha Venture Fund and including the DSP Family Office, Natch has raised Rs 3 crore. According to a news release from Natch,…
Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by…
On November 7, after the NBFC notified the stock markets that it has started a Qualified Institutional Placement (QIP) and set the floor price for the offering to raise cash,…
Olectra Greentech, a maker of electric vehicles, saw a roughly threefold increase in profit after taxes in the September quarter of 2023–2024, primarily due to increased revenues. According to a…
In a recent statement, Tim Cook, the CEO of Apple, highlighted the company's record-breaking expansion in India and other emerging regions. Cook disclosed on Apple's most recent earnings call that…
The Indian government abruptly stopped allowing brands without a license to import laptops, PCs, and tablets into the nation three months ago. Brands were forced to start assembling laptops locally…
The Finance Ministry announced on Wednesday that the government has received over Rs 1.72 lakh crore through GST in October, driven by greater compliance and the demand of the festive…
Indian Oil Corporation Ltd. exceeded expectations on Tuesday by reporting a Q2 profit of Rs 13,713.08 crore as opposed to a loss of Rs 910.21 crore in the second quarter…
Fincare Small Finance Bank and AU Small Finance Bank (AU SFB) are scheduled to merge in an all-share agreement that may be the first merger in the history of small…
Reliance Industries Ltd.'s stock rose more than 2 percent at the opening thanks to solid earnings and successful results in the company's upstream, retail, and Jio divisions. At 9.33 am…
Due to a significant increase in its net interest income (NII) and a decrease in credit expenses, Punjab National Bank, a public lender, saw a staggering 327.14 percent year-over-year (Y-o-Y)…
Global CEOs now rank investing in generative artificial intelligence (Gen-AI) as their top priority, according to the recently published KPMG CEO Outlook 2023 research. CEOs are optimistic about their development…
Honasa Consumer Ltd, the company behind popular FMCG brands Mamaearth and The Derma Co, is set to launch its initial public offering (IPO) in late October or early November. This…
The Finance Ministry is considering capital infusion into three loss-making public sector general insurance companies based on their nine-month financial performance. The infusion, if required, would likely take place in…
Tata Communications Ltd reported a 58% year-on-year drop in net profit to 221.3 crore for the second quarter ending September 30, 2023, on Thursday. The business had a net profit…
India's hosting of the Cricket World Cup is not just a sporting spectacle but a catalyst for economic growth. The championship, spanning 10 cities and 48 matches, is set to…
Invesco, a prominent US-based fund manager, has revisited the valuation of Swiggy, the food and grocery delivery platform, raising it to nearly $8 billion. This move comes after two previous…
The Empowered Committee in the PLI (production-linked incentive) scheme has given the nod for the disbursement of Rs 1,000 crore to beneficiary firms in the electronics sector, marking the first…
Ernst & Young (EY) CEO Carmine Di Sibio has expressed strong confidence in India emerging as a key global investment destination in the coming years. Di Sibio attributes his optimism…
On Tuesday, October 10, the Patiala House Court in Delhi granted custody of four individuals to the Enforcement Directorate (ED) for their alleged involvement in money laundering in the Vivo…
September brought a breath of fresh air for the Indian automotive retail sector, showcasing robust growth according to the latest data from the Federation of Automobile Dealers Associations (FADA). Year-on-year…
HDFC Bank, India's leading private lender, has announced a strategic reorganization of its top management following the completion of a mega-merger with its parent HDFC Limited, in July. This marks…
Vedanta Resources, the mining company led by Indian tycoon Anil Agarwal, is reportedly considering a restructuring plan for its dollar bonds maturing in 2024 and 2025. According to sources familiar…
IT services giant Infosys Ltd has announced a strategic collaboration with Microsoft to jointly develop advanced solutions utilizing Infosys Topaz, Azure OpenAI Service, and Azure Cognitive Services. This partnership aims…
Luxury carmakers, including Mercedes-Benz, Lexus, and Audi, are anticipating robust sales momentum during the ongoing festive season in India. The demand for high-end cars remains strong, driven by factors such…
Bhargav Dasgupta has resigned from his position as Managing Director and CEO of ICICI Lombard General Insurance Company, and the company has confirmed that he will continue to fulfill his…
On September 18, the Ministry of Finance approved several welfare measures aimed at benefiting Life Insurance Corporation of India (LIC) agents and employees. These measures include amendments to LIC (Agents)…
L&T Realty, the real estate division of Larsen and Toubro (L&T), a prominent engineering and construction conglomerate, has achieved a significant milestone by selling out all the homes in the…
The Food Safety and Standards Authority of India (FSSAI) has taken robust measures against Food Business Operators (FBOs) who have violated food safety regulations in the current fiscal year, which…
KEC International Ltd, an engineering firm, has announced the acquisition of new orders worth Rs 1,012 crore, encompassing various segments of its business portfolio. The company's civil business division secured…
Prominent world leaders have begun to converge on the Indian capital for the highly anticipated G20 Summit. This two-day summit, held at the Bharat Mandapam, will feature extensive discussions on…
Warburg Pincus, a global private equity firm, is gearing up to invest over $1 billion in India in the current year. This substantial investment demonstrates the firm's confidence in India's…
IDEMIA, a prominent provider of digital identification technology, is committed to advancing financial inclusion by offering offline payment solutions. In an interview, Jerome Ajdenbaum, Vice President of Digital Currencies at…
Tata Steel is reportedly in advanced discussions with the UK government to secure approximately GBP 500 million in state-backed funding aimed at ensuring the future of its Port Talbot plant…
Amazon has recently entered into an agreement with India Post, aiming to streamline cross-border logistics for Micro, Small, and Medium Enterprises (MSME) exporters. This partnership was celebrated at Amazon's Smbhav…
The Annual General Meeting (AGM) of the conglomerate Reliance Industries Limited (RIL) is imminent following the announcement of fresh investment by Qatar Investment Authority (QIA) in its retail arm, Reliance…
Reliance Industries Ltd (RIL) has announced a partnership with Oberoi Hotels and Resorts to jointly manage three properties in India and the UK. The properties included in this collaboration are…
Fyers, an online discount brokerage platform, has witnessed a substantial surge in its revenues. In the last fiscal year, the company garnered Rs 108 crore in revenue, but in the…
All ten companies under the Adani Group umbrella, including Adani Enterprises, Adani Ports, Adani Transmission, Adani Green Energy, Adani Total Gas, Adani Wilmar, Adani Power, ACC, Ambuja, and NDTV, have…
Shekar Ayyar, a prominent figure in Silicon Valley's technology sector, recently took the reins at Arrcus, a networking startup focusing on routing and switching platforms. With over two decades of…
Generative AI, also known as chatbots, is a topic of debate among stakeholders, with some experts in India emphasizing its potential benefits over its associated risks. Industry leaders believe that…
The CEOs of India's top IT companies have maintained their high salaries despite the challenging demand landscape in the sector, particularly in North America. Among the top six IT companies…
The largest lender in the nation, State Bank of India (SBI), reported an almost three-fold increase in net profit in the first quarter of the current fiscal year, leading to…
In response to robust demand for house loans, LIC house Finance Limited on August 3 reported a 43 percent increase in standalone net profit at Rs 1,324 crore for the…
The airline is prepared to start a new chapter when India's first B737-8-200 (VT-YAV) is added to Akasa Air's fleet. The National Civil Aviation Policy 2016, which mandates that an…
The business will also provide commentary on its most recent sports utility vehicle (SUV) releases. Maruti has a desire to take a piece of the SUV market, as evidenced by…
The tech company AMD announced plans to invest $400 million and hire 3,000 specialists in its Bengaluru site over the next five years at Semicon India 2023 on July 28.…
With the help of strong sales of luxury vehicles by its British division, Jaguar Land Rover, and an improved operating performance of its commercial vehicle company in India, Tata Motors…
According to a Financial Times story, Adidas has received orders totalling more than 508 million euros, or approximately $565 million, for the first round of online sales of its unsold…
The uprise of technology in the world has forced people to shift to digital platforms for everything. With the inclusion of technology in almost everything, people around us are now…
If the electricity that you use for cooking, cleaning, and surviving has grown unaffordable and unreliable, then you are not alone! A hundred million people globally still lack access to…
Imagining life without technology is impossible in the times that we are living in. With the help of technology, we are effectively conquering the challenges thrown by an ever-changing world.…
“May you live a 100 years,” is a blessing that every child receives from their elders on birthdays. But the stories from the previous decades make one reminisce about a…
