Latest News
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Business
RHI Magnesita India raises Rs 900 cr via QIP
April 6, 2023Refractory player RHI Magnesita India has raised Rs 900 crore through qualified institutions placement, according to...
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Funding News
Curefoods raises Rs 300 crore funding to accelerate growth
April 6, 2023Cloud kitchen operator Curefoods on Thursday announced that it has raised Rs 300 crore in a...
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Agriculture
Agri-commerce startup WayCool looking to become Rs 6,000-cr entity by FY25
April 6, 2023IFC-backed agri-commerce startup WayCool Foods is looking to become a Rs 6,000-crore entity by FY25, up...
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Business
RBI unexpectedly keeps interest rate unchanged
April 6, 2023After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank...
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Business
RBI projects FY24 inflation at 5.2 pc, says fight against inflation far from over
April 6, 2023The Reserve Bank on Thursday projected marginal easing in retail inflation to 5.2 per cent in...
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Banking
RBI keeps repo rate unchanged at 6.5 pc
April 6, 2023The Reserve Bank of India on Thursday hit the pause button and decided to keep key...
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Business
Employers to ask employees about preferred tax regime for deducting TDS from salary: CBDT
April 6, 2023The Income Tax Department on Wednesday said employers will have to seek details from employees about...
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Business
Reliance Retail enters beauty segment with Tira; opens first store in Mumbai
April 5, 2023Reliance Retail on Wednesday entered into the beauty space with the launch of Tira, an omnichannel...
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MSME
Small & medium IT cos hit by high attrition rate after lockdown, says survey
April 5, 2023Small and medium IT companies are yet to recover from the impact of the Covid-19 induced...
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Funding News
Video telematics platform Lightmetrics raises USD 8.5 mn
April 5, 2023Video telematics startup Lightmetrics on Wednesday said it has raised USD 8.5 million (about Rs 69...
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Banking
5 Indian-origin women executives on Barron’s 100 Most Influential Women in US Finance list
April 5, 2023Five Indian-origin women executives have made it to Barron’s prestigious annual ‘100 Most Influential Women in...
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Funding News
Payment Aggregator Paysharp raised funding of 10.5 Crore
April 5, 2023Paysharp, incorporated in 2019 by Krishna Kumar Mani and Sathish S, provides enterprise-grade payment solutions business,...
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Analysis
Indian corporates beat American firms in office leasing in January-March: CBRE
April 5, 2023Indian corporates overtook American firms in gross leasing of office space during the first quarter of...
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Business
Chandrakant Gogri’s family office leads a $4 Million Series A investment in Prozeal Infra
April 5, 2023Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri’s...
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Funding News
Magenta Mobility raises USD 22 mn from bp, Morgan Stanley India Infra
April 5, 2023Electric mobility solutions provider Magenta on Wednesday said it has closed a Series A1 funding round...
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Business
After $3 bln, Reliance and Jio raise $2 bln forex loan
April 5, 2023Barely days after signing a USD 3 billion financing in India’s most widely syndicated loan, Reliance...
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Social Media
Twitter legacy blue tick intact for most users, Doge unseats bird logo on web home page
April 5, 2023Microblogging platform Twitter has so far not revoked the legacy verified blue tick from most of...
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Funding News
Credit platform BlackSoil raises USD 25 mn
April 4, 2023BlackSoil, a Mumbai-based alternative credit platform, on Tuesday said it has raised over USD 25 million...
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Business
New foreign trade policy to promote exports through e-commerce, batteries, farm equipment: Experts
April 4, 2023The new Foreign Trade Policy (FTP) 2023, announced recently, will help in promoting exports of sectors...
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Startups
Radius Synergies Recognized with the Prestigious Certificate Of Merit for Smart Startup Of The Year
April 4, 2023Beating the tough competition to gain industry recognition, Radius Synergies International Pvt. Ltd. (Radius Synergies), won...
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Business
BYJU’s in process to raise USD 700 mn at flat valuation
April 4, 2023Edtech major BYJU’s has started a fundraising round to garner around USD 700 million (about Rs...
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Business
PhonePe forays into local commerce with Pincode app on ONDC network
April 4, 2023Walmart-backed PhonePe on Tuesday announced its foray into local commerce with the launch of its consumer...
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GDP
World Bank cuts India’s growth forecast to 6.3 pc in FY24
April 4, 2023India’s GDP is expected to moderate to 6.3 per cent, as against earlier estimate of 6.6...
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News
IndiGo plane suffers technical problem; diverted to Hyderabad
April 4, 2023An IndiGo plane from Bengaluru to Varanasi suffered a technical problem on Tuesday and was diverted...
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Funding News
TerraPay raises $100 million in series B funding to expand global payments infrastructure
April 4, 2023TerraPay, a leading global payments infrastructure company, has successfully closed its Series B equity financing round,...
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Business
CometChat raises Rs 40 cr in venture debt
April 4, 2023Enterprise communication platform CometChat has raised Rs 40 crore in a venture debt round led by...
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Business
Yulu ties up with Zomato to provide e-scooter for food deliveries
April 4, 2023Electric bike-sharing startup Yulu has joined hands with food delivery platform Zomato for providing 25,000-35,000 units...
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Cryptocurrency
ED investigating several cases related to crypto/digital currency frauds: MoS Finance
April 3, 2023Enforcement Directorate is investigating several cases related to cryptocurrency/ virtual digital currency frauds wherein a few...
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Health
Mandaviya hits back at Kharge, says govt capping prices of essential medicines to help consumers save Rs 3,500 cr
April 3, 2023Union Health Minister Mansukh Mandaviya on Monday said consumers will save around Rs 3,500 crore annually...
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Funding News
Aviom raises USD 30 million
April 3, 2023Housing finance company Aviom has raised USD 30 million (over Rs 246 crore) in a funding...
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Banking
Unclaimed deposits of Rs 35,012 cr with PSU banks transferred to RBI: MoS Finance
April 3, 2023About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to the Reserve Bank...
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Analysis
Corporate India recognises need for flexibility, skilled-based workforce: Study
April 3, 2023A significant percentage of organizations understand the current skills and development needs of their employees and...
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Business
Samhi Hotels re-files IPO papers with Sebi; looks to raise Rs 1,000 cr via fresh issue
April 3, 2023Samhi Hotels Ltd has re-filed preliminary papers with capital markets regulator Sebi to raise funds through...
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Funding News
Professional networking startup Blue Circle raises fresh round of funding
April 3, 2023Professional networking startup Blue Circle on Monday said it has raised a fresh round of funding...
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Manufacturing
India’s manufacturing PMI hits 3-month high in Mar amid demand resilience
April 3, 2023Manufacturing activities in India touched a three-month high in March boosted by faster expansions in new...
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Business
Global Pharma recalls 50,000 tubes of eye ointment in US: USFDA
April 3, 2023Global Pharma Healthcare is recalling 50,000 tubes of eye ointment in the US market due to...
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Business
Fundraising via REITs, InvITs hits all-time low in FY23 on higher yields on debt, lack of new launches
April 3, 2023Higher yields on bonds, lack of new launches, limited availability and awareness among investors have made...
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Business
Smartworks plans to raise USD 70-90 mn this fiscal for growth; FY’23 revenue rises to cross Rs 700cr
April 3, 2023Smartworks, which provides managed office space, plans to raise USD 70-90 million equity fund this fiscal...
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News
Cyberabad cops arrest man for holding, selling data of 67 crore individuals
April 1, 2023The Cyberabad Police on Saturday said they arrested a person who was allegedly involved in stealing,...
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Business
Startup Shubhashish Homes investing Rs 200cr on 1st housing proj in Jaipur; buys 2-acre land for 2nd proj
April 1, 2023Realty startup Shubhashish Homes is investing around Rs 200 crore to develop its first housing project...
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Business
Digital transformation key driver of every industry: Nykaa CEO
April 1, 2023Averring that digital transformation was the key driver of almost every industry, Nykaa Founder and CEO...
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Agriculture
Sustainable agriculture, food security, climate-smart approach focus areas at G20 deputies meeting
April 1, 2023The three-day meeting of agricultural deputies of the G20 agricultural working group culminated on Friday as...
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Banking
India Post Payments Bank partners Airtel to launch banking services on WhatsApp
April 1, 2023State-owned India Post Payments Bank has partnered with Bharti Airtel to launch banking services through WhatsApp...
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Business
AI-based investment advisory platform JARVIS Invest forays Australian market
March 31, 2023AI-based investment advisory platform JARVIS Invest on Friday announced its foray in the Australian market to...
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Startups
BoM opens first dedicated branch for startups in Pune
March 31, 2023State-owned Bank of Maharashtra (BoM) on Friday said it has opened its first dedicated branch for...
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Auto
Foreign trade policy to help India become major player in global trade: Auto Industry
March 31, 2023Hailing the new foreign trade policy, the automobile industry on Friday said it would help enhance...
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Business
Skincare brand Deconstruct launch three new products
March 31, 2023Deconstruct, one of India’s leading science-based gentle skincare brands, announces the launch of three new products...
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MSME
Revamped loan guarantee scheme for micro, small enterprises to be implemented from April 1
March 31, 2023A revamped credit guarantee scheme for India’s micro and small enterprises will come into effect from...
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Funding News
Kikibix raises USD 300K from founders of nine unicorns, VCs
March 31, 2023Nutrition snacking start-up Kikibix has raised USD 300,000 from founders and co-founders of nine unicorns, including...
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Business
InCruiter partners with Taggd to streamline hiring in India
March 31, 2023InCruiter, a leading interview solution provider, has partnered with Taggd, a subsidiary of PeopleStrong, to expedite...
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Business
Government of Goa and Newton School organize Digital Goa Youth Summit
March 31, 2023The Goa State Higher Education Council, Directorate of Higher Education, and the Goa Government in collaboration with Newton School,...
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Business
Mistry.Store launches India’s first building material sampling van
March 31, 2023India’s first organized and emerging home building material platform Mistry.Store has launched “ sampling store on...
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Movies & Documentaries
Ajay Devgn’s Bholaa’ raises Rs 11.20 crore at box office on day one
March 31, 2023Ajay Devgn-starrer “Bholaa” earned Rs 11.20 crore at the domestic box office on its opening day,...
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Trade
India unveils Foreign Trade Policy 2023, eyes USD 2 trillion exports by 2030
March 31, 2023The government on Friday came out with Foreign Trade Policy (FTP) 2023 which seeks to boost...
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Startup & Entrepreneurship
BharatPe Group Partners with Women Entrepreneurship Platform to Foster Women Entrepreneurship in India
March 31, 2023BharatPe Group, one of India’s leading names in fintech industry, today announced its partnership with Women...
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Business
Unacademy to lay off 12 pc employees as it aims to turn core biz profitable: CEO
March 31, 2023Edtech firm Uncademy will lay off 12 per cent or about 350 employees amid a funding...
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