CATEGORIES

Good Glamm eyes funding of $60 mn

Good Glamm Group, the direct-to-consumer (D2C) beauty and personal care conglomerate, is planning to raise its Series E round of funding, in what will be mostly utilized by the firm as growth capital, at least two people aware of the development told VCCircle.

Data breaches to spur cybersecurity funding

Cyber attacks can cause substantial financial losses for organizations

Vibrant Gujarat summit set to break many records this year

The upcoming Vibrant Gujarat summit, starting on Wednesday, is expected to break its 2019 record for the number of Memorandums of Understanding (MoU) signed, according to Rahul Gupta, vice chairman and managing director of the Gujarat Industries Development Corp. That number stands at 28,360.

Thali costs fall as festival season closes

The cost of home-cooked vegetarian and non-vegetarian thalis (plates) fell sequentially in December, as demand waned following the end of the festival season.

₹45,000 cr investment to develop river cruise tourism

The ministry of ports, shipping, and waterways has announced a ₹45,000 crore investment to develop river cruise tourism, aiming to leverage India's inland waterways for economic growth.

SC to hear landmark online gaming tax case in 2 months

Tussle between tax authorities and online gaming firms over tax demands of nearly 21.5 tn

ONGC starts crude production at its KG Basin block

State-run Oil and Natural Gas Corporation (ONGC) on Monday said its deepwater block in the Krishna-Godavari basin off the coast of Bay of Bengal has started producing oil, a development that is expected to boost India's quest for energy self-sufficiency.

IPO bounty for top execs at Firstcry, Ola Electric

Top leaders of Ola Electric and Firstcry stand to make a windfall in their companies' upcoming public listing, an analysis of their draft red herring prospectus (DRHP) by Mint showed.

Funds investing in Gift City may enjoy special carve-out

Mutual funds may get to invest in companies traded in Gujarat's Gift City exchanges beyond the normal cap that applies for their overseas investments. The move comes at a time the government is opening up the special economic zone for direct listing of Indian firms.

Food subsidy may top ₹2.2 tn in FY25

The coming budget may see a rise in allocation by 10% on-year

Aditya Birla Cap preps digital, payments push

The company will launch an app to directly source clients for its services

The Empowerment Of Women Is Set To Strengthen Our Democracy

The participation of women in electoral exercises has risen impressively and could outstrip that of men within this decade

Should I Withdraw My PF Account Corpus?

I left my job recently after working there for five years and two months.

Apple Is Smartwatches King, But Reign Is Tough

In December, Apple was briefly banned from selling its two most recent watch models-Series 9 and Ultra 2-in the US, due to an ongoing patent dispute with Masimo, a medical device maker.

Look beyond monetary measures to track deprivation

The International Economic Association (IEA) conclave of 2023, a mecca for economists from all over the globe who meet once in three years, acknowledged last year as a difficult one, given how many mainstream assessments of a global recession and inflation went wrong.

Harvard is serving as a model to attack corporate DEI plans

Diversity, equity and inclusion: The idea goes beyond social justice

Social barriers are often the first Indian entrepreneurs encounter

These barriers have fallen but we still have a way to go before entrepreneurship is widely celebrated

It is not all blue skies for our emerging economy

India's 7.3% growth estimate for 2023-24 is impressive. But we still need structural reforms, more evenly growing consumption and a pick-up in private investment for better expansion

MFs to PPF: How to start off your newborn's investment journey

Parents need to begin investing early for their children's financial goals, be it higher education or marriage

POOR SUPPLY CHAINS CHOKING AIRLINES

Policymakers and airlines are increasingly calling for localization of maintenance, repair, and overhaul operations

'GST evasion of over ₹44,000 cr detected'

Finance ministry said on Sunday that suspected tax evasion related to Goods and Services Tax (GST) credit of more than 44,000 crore has been detected since last May in a drive against non-existent taxpayers.

DoT extends M2M, WPAN registration

The Department of Telecommunications (DoT) has extended Machine-to-Machine (M2M) and Wireless Personal Area Network as also Wireless Local Area Network (WPAN/ WLAN) registration to all entities engaged in such businesses.

China sanctions 5 US defence companies in tit-for-tat move

China announced sanctions on Sunday on five American defense-re-lated companies in response to US arms sales to Taiwan and US sanctions on Chinese companies and individuals.

Kishida suffers fresh blow as LDP arrest deepens scandal

Prime Minister Fumio Kishida suffered another blow in Japan's widest-ranging political scandal in decades with the arrest of a ruling party lawmaker on Sunday.

Israel signals it has wrapped up major combat in northern Gaza

The Israeli military signalled that it has wrapped up major combat in northern Gaza, saying it has completed dismantling Hamas' military infrastructure there, as the war against the militant group entered its fourth month on Sunday.

Airlines ground Boeing's 737 Max 9 after mid-air blowout

Rush of groundings triggered by US action marks most severe response since the entire fleet was parked in 2019

Allied Blenders launches Zoya gin

Allied Blenders and Distillers Ltd (ABDL), the maker of Officer's Choice whisky, has entered the gin segment with with a premium brand called Zoya, which will be priced at around ₹2,000 in markets such as Haryana.

Haldiram's unwraps its premium chocolates

The Nagpur arm of the firm launched chocolates under Cocobay brand

Mint BFSI Awards 2023: A stellar jury picks the finest

Awards to be conferred in 14 categories across banking NBFCs insurance and mutual funds

Investcorp set to float India-focused warehousing fund

Bahrain-based alternative investment firm, Investcorp, is planning to float a new India-focused warehousing fund to shore up its portfolio in the space over the next 12-18 months, a top executive told VCCircle.