Latest News
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Auto
Passenger vehicle retail sales up 40 pc in June as chip supply improves
July 5, 2022Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement...
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Social Media
Twitter complies with Meity final notice
July 5, 2022Social media platform Twitter has complied with the final notice issued by the Ministry of Electronics...
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EdTech
Byju’s clears USD 950 million payment to Aakash, completes USD 800 million fund raise
July 4, 2022Edtech firm Byju’s said on Monday that it has completed payment that was due for the...
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Startups
Gujarat, Karnatka among best states in providing strong ecosystem for startups: DPIIT ranking
July 4, 2022Gujarat, Meghalaya and Karnataka have emerged as the best performer states in developing startup ecosystem for...
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Startups
Start-up funding ecosystem getting corrected, focus on a profitable growth good for the industry: Mariwala
July 4, 2022Corrections are now happening in the start-up funding ecosystem, with a higher degree of accountability to...
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Business
Vedanta Group eyes USD 3.5 billion turnover from chip business, one-third from exports
July 4, 2022Vedanta Group expects its semiconductor business turnover to be in the range of USD 3 to...
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Business
HDFC and HDFC Bank merger proposal gets nod from bourses
July 4, 2022The proposal of merger of HDFC with its banking subsidiary HDFC Bank, the biggest transaction in...
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Startup India
AAYU Gets Recognition by the Ministry of Ayush under the Start-up India ‘Digital Yoga Program’
July 1, 2022AAYU, an AI-driven health and wellness app has been recognized by the Ministry of Ayush for...
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Auto
Toyota Kirloskar forays into mid-size SUV segment; unveils Urban Cruiser Hyryder
July 1, 2022Toyota Kirloskar Motor (TKM) on Friday forayed into the highly competitive mid-size SUV segment with the...
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Business
Plastic ban: Companies switch to paper straws
July 1, 2022FMCG and agro food companies selling packaged fruit juices and dairy products have shifted to paper...
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Business
Healthvista India files draft papers for IPO
July 1, 2022Healthvista India Limited has filed preliminary papers with markets regulator Sebi to raise about Rs 1,000...
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Funding News
Urvann raises Rs 3 crore in seed funding led by Inflection Point Ventures
June 30, 2022Gardening-focused hyperlocal marketplace Urvann has raised Rs 3 crore in a seed funding round led by...
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Fintech
AquaExchange raises USD 3 mn in funding led by Endiya Partners, Accion Venture Lab
June 30, 2022Aquaculture fintech platform AquaExchange has raised USD 3 million (about Rs 23 crore) in funding led...
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Startups
Despite ‘funding winter’, Hurun says 122 more startups can become unicorns in 4 yrs
June 30, 2022Despite the ongoing ‘funding winter’ which can impact start-up valuations, the number of unicorns or startups...
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Funding News
Retail tech platform Arzooo raises USD 70 mn
June 29, 2022Retail technology firm Arzooo has raised USD 70 million (about Rs 550 crore) in a funding...
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Business
Pharma company Innova Captab files IPO papers with Sebi
June 29, 2022Pharmaceutical company Innova Captab Ltd has filed preliminary papers with capital markets regulator Sebi to raise...
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Business
India needs to form Green Hydrogen Corridors: NITI Aayog
June 29, 2022India needs to form Green Hydrogen Corridors and governments can look at providing grants to startups...
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Funding News
Fitness app Fitmint raises USD 1.6 mn in funding round led by General Catalyst
June 29, 2022Bengaluru-based startup Fitmint on Wednesday said it has raised USD 1.6 million in a seed funding...
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Social Media
Twitter gets time till July 4 to comply with all govt orders
June 29, 2022The government has issued a notice to Twitter to comply with all its past orders by...
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FDI
US state governors and LGs vouch for strong ties with India; pitches for FDI from India
June 29, 2022A bipartisan group of American state governors and top officials have vouched for strong bilateral ties...
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Fintech
Lentra acquires AI startup TheDataTeam to accelerate digital lending platform biz
June 29, 2022Lentra AI, a digital lending cloud platform, on Tuesday announced the acquisition of AI company TheDataTeam...
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Business
UP govt approves proposals to set up 4 data centre parks at Rs 15,950 cr investment
June 28, 2022The Uttar Pradesh government on Tuesday approved proposals to set up four data centre parks with...
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Business
Ambani charts succession plan; hands over telecom business reins to son Akash
June 28, 2022In the first clear signs of a succession plan being charted out at India’s most valuable...
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Technology
India lags in AI research activities; needs to equal China on supercomputing capabilities: Kant
June 28, 2022Government think tank Niti Aayog’s outgoing chief executive Amitabh Kant on Tuesday said the country lags...
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Business
Global Surfaces files IPO draft papers with Sebi
June 28, 2022Global Surfaces Ltd, which is engaged in the business of processing natural stones and manufacturing engineered...
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Business
15 more firms selected under PLI scheme for white goods
June 28, 2022The government on Tuesday said 15 firms, including Adani Copper Tubes, LG Electronics and Wipro Enterprises,...
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Business
China moots yuan pooling scheme to counter US dollar dominanc
June 28, 2022China’s central bank has signed an agreement with Switzerland based Bank for International Settlements (BIS) as...
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Startups
Startups are new normal, rapid digitalisation bringing fresh opportunities: Rajeev Chandrasekhar
June 28, 2022Startups are the new normal, and represent the new reality emerging out of the deep structural...
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Social Media
Twitter doc shows govt requests for blocking tweets of some advocacy groups, politicians
June 28, 2022Social network Twitter was asked by the government to block multiple accounts and some tweets from...
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Startups
Haryana Cabinet approves startup and data centre policies
June 28, 2022The Haryana cabinet on Monday approved a new startup policy which aims to boost and nurture...
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Business
Future Retail: NCLT reserves order on Amazon petition against BoI’s insolvency proceedings plea
June 28, 2022The National Company Law Tribunal (NCLT) on Monday reserved its order on the petition filed by...
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MSME
MSMEs require least investment to go green; top priority for BEE
June 27, 2022Small and medium businesses are the top priority for Bureau of Energy Efficiency (BEE) as they...
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Business
WTO needs to move from just an organisation to robust institution: CUTS Intl
June 27, 2022Member countries of Geneva-based WTO need to work together to transform the global trade body into...
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E-commerce
MSME can generate more profits from e-commerce: MSME MoS Verma
June 27, 2022E-commerce has enabled micro, small and medium enterprises to increase profits, reduce marketing expenses and extend...
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Business
Fitch affirms ‘BBB-‘ rating to GAIL, outlook stable
June 27, 2022Fitch Ratings has affirmed a ‘BBB-‘ rating to gas utility GAIL (India) Ltd, with a stable...
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Funding News
Solv raises USD 40 mn from Japan’s SBI Holdings, others
June 27, 2022Solv, a marketplace for small businesses, on Monday said it has raised USD 40 million (about...
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Funding News
Battery Smart raises USD 25 mn from Tiger Global, others
June 27, 2022EV battery swapping startup Battery Smart on Monday said it has raised USD 25 million (around...
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Startups
Proptech startup PropShare raises USD 47 mn from WestBridge Capital, others
June 27, 2022Proptech startup PropShare has raised USD 47 million (around Rs 367 crore) from investors including WestBridge...
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Electric Vehicle
EV maker OSM to setup retrofit plant in Punjab at USD 25-million
June 27, 2022EV maker Omega Seiki Mobility is setting up a retrofit facility to convert internal combustion engine...
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Economy
Indian economy may touch USD 30 tn in next 30 years: Goya
June 27, 2022India is one of the fastest-growing economies in the world and it is expected to reach...
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Business
Sebi gives UPI payment option to invest in public issues of REITs, InvITs
June 24, 2022Capital markets regulator Sebi on Friday provided an additional payment option of UPI or unified payments...
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Business
Parameswaran Iyer appointed as Niti Aayog CEO
June 24, 2022Former Drinking Water and Sanitation Secretary Parameswaran Iyer, who spearheaded the Swachh Bharat Mission, was on...
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Fintech
Annapurna Finance raises USD 15mn from Proparco
June 24, 2022Bhubaneswar-based NBFC-MFI Annapurna Finance on Friday said it has raised funds worth USD 15 million (about...
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OTT
Amazon Prime Video partners with AMC Networks for entertainment content in India
June 24, 2022OTT platform Amazon Prime Video has partnered with US-based entertainment company AMC Networks to offer its...
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Funding News
Electric mobility startup Matter raises USD 10 mn
June 24, 2022Electric mobility startup Matter on Friday said it has raised USD 10 million (nearly Rs 80...
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Business
Fintech players seek at least 1 yr sunset clause on RBI directive on credit lines by PPI issuers
June 24, 2022With the RBI cracking down on credit facilities provided by non-bank prepaid payment instrument issuers, industry...
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Startups
Fundamental VC launches USD 130-mn maiden fund for early-stage startups
June 24, 2022Venture capital firm Fundamental VC on Friday said it has launched its maiden fund with a...
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Electric Vehicle
EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru
June 24, 2022Electric vehicle startup Mecwin India on Friday said it is going to invest Rs 50 crore...
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Cryptocurrency
Officers committee suggests deferment of decision on levying GST on crypto
June 24, 2022The officers committee on GST has suggested the GST Council to defer a decision on taxability...
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Business
RBI proposes norms for outsourcing of IT services by banks, NBFCs
June 24, 2022The Reserve Bank on Thursday proposed norms for the outsourcing of IT services to ring-fence banks...
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Agriculture
Agri Min Tomar to take up industry’s demand on reducing GST on pesticides with FM
June 23, 2022Agriculture Minister Narendra Singh Tomar on Thursday assured the agro-chemicals industry that he would take up...
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Funding News
Statiq raises USD 25.7 mn in funding round led by Shell Ventures
June 23, 2022Electric vehicle charging network startup Statiq on Thursday said it has raised USD 25.7 million (over...
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Funding News
BatX Energies raises USD 1.6 mn in funding round led by JITO Angel Network
June 23, 2022Lithium-ion battery recycling startup BatX Energies Pvt Ltd on Thursday said it has raised USD 1.6...
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Business
Pine Labs acquires API fintech startup Setu in USD 70-75 mn deal
June 23, 2022Merchant commerce platform Pine Labs on Thursday announced the acquisition of Bengaluru-based API fintech startup Setu...
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Business
PM Modi to attend virtual BRICS summit being hosted by China
June 22, 2022Prime Minister Narendra Modi will join Chinese President Xi Jinping and Russian President Vladimir Putin at...
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Business
Neobanking platform Stashfin raises over Rs 2,100 crore from multiple investors
June 22, 2022Singapore-based neobanking platform Stashfin has raised over Rs 2,100 crore equity and debt capital from a...
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