CATEGORIES

Caspian Equity fund leads $2 mn round in Balwaan Krishi

Agritech startup Balwaan Krishi has raised $2 million (around ₹16.5 crore) as a part of its pre-Series A round led by Caspian Equity's agriculture-focused fund Caspian Leap for Agriculture Fund.

P-notes investment at 4-month high in Apr

Of the total ₹95,911 crore invested through P-notes till April this year, ₹86,226 crore was invested in equities, ₹9,586 crore in debt and ₹100 crore in hybrid securities.

City Union Bank: End of a tough year, and beginning of another

While there has been a sequential improvement in Q4 in asset quality, aided by better recoveries, analysts point that this parameter is still at an elevated level.

BHEL's profit hinges on execution

In its earnings call, the management noted that the demand for coal-based thermal power plants gained traction after a gap of three years in FY23.

Govt to buy 500,000 tonnes masur at market rate to boost buffer stock

The government is trying to shift consumption of some pulses like tur to masur and chana amid lower production of tur

DCGI orders stringent cough syrup tests

The standard operating procedures issued by the Drugs Controller General of India (DCGI) aim to improve the process of testing cough syrups at government laboratories.

India, Suriname to curb illegal migration

Suriname is home to a large Indian diaspora, which has helped build closer cultural and people to people ties between the two countries.

US to help India with chips' standards, manufacturing

The move is part of the Indo-Pacific Economic Framework (IPEF) agreement on supply chain, aimed at cutting reliance on China and fixing supply chain gaps.

Unstable weather patterns upend cos' best-laid plans

Erratic weather patterns, including unseasonal rainfall, mild winters, and heat waves, are disrupting the business operations of major consumer goods firms.

Imports of coking coal from Russia may double

After crude oil, the import of yet another key Russian resource is set to flood the Indian market in the years ahead: coking coal.

Banks Finding Novel Ways To Conceal Stressed Loans: Das

RBI governor warns of complacency setting in amid 'strong and stable' capital buffers

How Retail Investors Can Buy Government Bond For ₹100

Investment portfolios of high net worth individuals (HNIs) tend to have large allocation to fixed income and debt as they look for stability, but retail investors usually don’t have much debt allocation, said Varun Sridhar, chief executive officer at Paytm Money.

We Need To Talk About The Mental Health Of Seniors

As we wrap up Mental Health Awareness Month, we must pay attention to the needs of an underserved population: the elderly

Why Sugar Substitutes Aren't Good For You

A new guideline from the WHO dispels myths about using artificial sweeteners

Change your diet as you age to stay fitter and happier

The 'how' we live is just as important as the 'how long'. It's about being preventive rather than reactionary

OECD's Two Pillar tax approach needs rework to gain acceptance

It must shed complexity and reflect true value creation in the source economy so that the Global South isn't disadvantaged

Pakistan's big threat crisis poses a to the region

Its political and economic free-fall raises the risk of instability not only within the country but also in its neighbourhood as non-state actors get emboldened and ratchet up activity

INSIDE THE SILENT RISE OF CREDIT SAISON INDIA

The Japanese-owned firm has become a fintech darling and is slowly turning into a lending powerhouse

Noise in talks to raise $40-50 million

Smartwatch brand Noise is in talks for its first-ever fundraising round, as it competes for the top spot in the fast-growing Indian market.

Xiaomi boosts local sourcing in India

Xiaomi Corp. is deepening local sourcing in India, where the Chinese smartphone company seeks to regain market share it lost amid heightened regulatory scrutiny and stiff competition.

Aditya Birla assembles top team for B2B e-commerce

B2B venture will be overseen by the conglomerate's flagship firm Grasim Industries

Cloud over financials lifting, says Warburg

Investor interest has revived as volatility in global financial markets ebbed

Warburg Pincus buys over 90% in Vistaar for $250 mn

Private equity firm Warburg Pincus said it has completed the purchase of more than 90% stake in nonbank lender Vistaar Finance for $250 million.

Govt scraps sops for 400,000 e-scooters

The ministry of heavy industries has rejected the subsidy claims of manufacturers for over 400,000 e-scooters, saying they flouted localization norms laid down by the government’s FAME-II incentive scheme.

GQG pumps up to $500mn more into Adani group cos

Mumbai: GQG Partners, which invested $1.87 billion in four Adani group companies in the first week of March, has pumped in another $330 million-$530 million into these companies since then, demonstrating the investor’s continued interest in the ports to renewable energy conglomerate.

Small airports see footfall rise post pandemic

India's smaller airports are witnessing a dramatic rise in traffic, fuelled by growing regional connectivity and a post-pandemic surge in travel, an analysis of official data showed.

Atomberg raises $86 mn from Temasek, Steadview, others

Home appliances brand Atomberg Technologies on Monday said it raised $86 million in a Series C funding round led by Singapore state investor Temasek Holdings and India-focused fund Steadview Capital.

HCL drags Atos to court on copyright infringement

Bengaluru: HCL Technologies Ltd has sued Atos SE in a US court, accusing the French IT services company of copyright infringement on two of the eight products it had bought from International Business Machines Corp. The Noida-based company is seeking $132.4 million in damages from Atos, a copy of its court petition showed.

The AI boom runs on chips, but their supply trails demand

The artificial-intelligence revolution is being likened by Google's chief executive to humanity's harnessing of fire. Now if only the industry could secure the digital kindling to fuel it.

ONGC plans ₹1 tn investment to cut carbon emissions

Oil and Natural Gas Corp. (ONGC) will spend ₹1 trillion on green initiatives by 2030 to reduce its carbon footprint as part of a broader effort to achieve net-zero emissions by 2038.