AFTER NEARLY TWO years of limited exit opportunities during the funding winter, venture capital (VC) firms reaped a record $4.06 billion from public market share sales this year till November. Data from Venture Intelligence showed that VCs' earnings this year are double of $2.06 billion last year and represent a 180% increase from $1.5 billion in 2022.
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The KYC crisis
Govt needs to take responsibility as nobody should be denied access to bank accounts for no fault of their own
Weak dollar helps rupee post best day in 3 weeks
THE RUPEE ROSE on Wednesday as a broadly weaker US dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the US and how trade tariffs may impact the world's largest economy.
China Sets Bullish Growth Target of About 5% for 2025, Despite US Tariffs
CHINA SET a forceful economic growth goal at about 5% for 2025, raising expectations for officials to unleash more stimulus later this year as they confront a trade war with Donald Trump.
Ukraine willing to negotiate: Trump
US PRESIDENT DONALD Trump said on Tuesday he received a letter from Ukrainian President Volodymyr Zelenskyy in which the Ukrainian leader expressed willingness to come to the negotiating table over the Russia-Ukraine war.
Madhya Pradesh @2047: CII Report Sparks Hopes for a $2.1 Trillion Economy
According to a report by the Confederation of Indian Industry (CII), Madhya Pradesh's Gross State Domestic Product (GSDP) is projected to reach $2.1 trillion (Rs. 248.6 lakh crore) by 2047-48.
75% of Indian businesses grapple with SaaS rollout delays
AS INDIAN ENTERPRISES increasingly adopt Software-as-a-Service (SaaS) solutions to drive digital transformation, 75% of those that have done so since 2020 have faced implementation delays, leading to an average timeline overrun of 57% and a cost overrun of 43%, according to Zoho-IDC.
Blackstone to buy South City Mall in Kolkata for â¹3,480 cr
IN THE LARGEST deal in the mall space, global investor Blackstone Group is set to acquire South City Mall in Kolkata for â¹3,480 crore ($400 million), said people familiar with the matter.
Nithin Kamath Becomes EY Entrepreneur of the Year '24
NITHIN KAMATH, FOUNDER & CEO of Zerodha, is the EY Entrepreneur of the Year 2024 â for his low-margin, high-volume strategy that has transformed the brokerage industry.
Focus on trade, tech, Ukraine as Jaishankar meets Starmer
DAYS AFTER HE hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy â after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House â British Prime Minister Keir Starmer \"shared UK's perspective\" on the conflict with External Affairs Minister S Jaishankar in London on Tuesday night.
Telcos fear Trai role may get diluted in new regime
THE ROLE OF the Telecom Regulatory Authority of India (Trai) as the sector regulator is likely to get diluted once the new telecom authorisation regime kicks in, telecom operators said on Wednesday.
