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Veranda selects bankers to raise ₹700 crore for buyouts, growth
Edtech company Veranda Learning Solutions Ltd is looking to raise 700 crore ($84.2 million) to fuel acquisitions and business growth, three people aware of the development said. Of this, ₹400 crore may be in debt and the remaining in equity.
Power ministry may recommend GST cut on hydro project components
Rituraj Baruah, Subhash Narayan
Alcohol content in drugs to be regulated
The union health ministry is considering a proposal to regulate alcohol content in drug preparations such as aromatic tincture in order to curb their illegal sale at pharmacies.
Steel ministry sets sights on unused ₹4,000 cr for PLI 2.0
Ministry may approach FinMin to release funds; plan for steel grades for use in defence, auto
IPL team owners eye market listing PE fundraising
Naman Suri, Gaurav Laghate Mihir Mishra
‘My fiduciary role in the transition is over’
Crucial to have banks majority-owned by local investors: Kotak
India losing a green energy subsidy race against US, others
When U.S. solar-manufacturing startupCubicPV was looking for a place to locate its first factory a couple of years ago, India seemed a good choice
INDIA alliance shifts into election mode
Bloc initiates urgent talks on seat-sharing for national elections
GQG takes 1,527 cr stake in IDFC First
Rajiv Jain-led US-based boutique investment manager GQG Partners Llc, on Friday, acquired a 2.6% stake in private lender IDFC First Bank Ltd for ₹1,527.26 crore, raising the former’s total fresh investment in Indian firms to over ₹41,000 crore in a span of just six months
Adani allegations pull bankers into the mix
Public sector, private bankers mull impact of corporate governance issues
Sketches to reels: Influencers redefine film promotion
In a marked departure from the traditional ways of marketing a movie, filmmakers and studios are increasingly turning to influencers to woo audiences to the theatres
Drug regulator to closely monitor small drug firms
The Drugs Controller General of India Rajeev Raghuvanshi has instructed all state drug regulators to closely monitor around 200 micro, small and medium enterprises involved in drug manufacturing, said a government official aware of the matter
'India among most important markets where we operate'
Amazon's Russell Grandinetti says the e-commerce market is only set to grow in the country
Government raises natural gas prices to $8.60/mmBtu
The ministry of petroleum and natural gas has raised the price of natural gas for September to $8.60/ mmBtu (metric million British thermal unit), up from $7.85 in August.
Factory production at 3-month high in Aug
High-frequency indicators do not signal any stress in manufacturing
Why doing nothing can be a powerful 'catalyst'
Shoji Morimoto's donothing rental service reconfigures the norms of transaction that decide our self-worth
Ann Patchett's lands of memory hold the action
In her latest novel, 'Tom Lake', the author reminds us of the slippery nature of memory and the wider and narrower beams used to recount family stories
Bias in the world of percussion
Women performers have carved their niche but women percussionists remain a rarity in the world of Indian classical music
Schools offer degrees of humiliation as education
Tripta Tyagi is the kind of name you would find in a reality show-it just rolls off your tongue
Celebrating a game-changer
Michelle Obama leads a rousing tribute to tennis legend Billie Jean King's trailblazing fight for equal pay in 1972
His poetry carried the spirit of his life
Poet Jayanta Mahapatra, who died on 27 August, was a quiet man, who continued to write despite ill-health
100,000 Startup Workers May Have Lost Jobs In Past 2 Years
More than 1,400 firms have handed out pink slips to around 91,000 staff in the past 24 months
Do Not Grudge Spain Its Wasteful Tomato Slugfest
Tonnes of this veggie hurled around for La Tomatina may be a stunning sight in an India hit by its scarcity, but we have economic and gracious reasons to take it with a pinch of salt
For young jewellery buyers, design is paramount
Radhikaraje Gaekwad, one of the authors of the Jewellery Trend Report, discusses the changing attitudes of buyers
Chandrayaan didn't need the hoopla of a live telecast
India’s Chandrayaan 3 lunar mission has been a subject of great excitement across the world. Social media is rife with discussions around it.
Laptops and tomatoes: Changes that show how little has changed
New import curbs will adversely impact service-sector growth while our tomato supply shock lacked a processed-food buffer
Smart fiscal policy could help the US Fed do its job properly
Federal Reserve Chair Jerome Powell briskly dispensed with the idea of raising the central bank’s inflation target in his recent speech at Jackson Hole.
Free Fire return fires up Indian gaming enthusiasts
Singapore-based gaming firm Garena announced the launch of an India-specific version of Free Fire on Thursday.
Go First lessor gets nod to inspect planes
The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed Jackson Square Aviation Ireland Ltd to inspect the aircraft that it has leased to grounded airline Go First.
JSW Cement to launch ₹4,000-cr IPO in 2024
The firm plans to utilize IPO proceeds to fund its expansion plan