Venture capital-backed companies surpass $50 bn in public market cap
The New Indian Express Tiruchy|January 07, 2025
THE country's start-up ecosystem is increasingly becoming a driving force behind the country's economic progress, with VC-backed companies crossing $50 billion in public market capitalization, said Shekhar Kirani, Partner at Accel.
ENS ECONOMIC BUREAU @ Bengaluru

He said Indian founders have built resilient and enduring businesses which have been embraced by public markets. Global VC firm Accel, which raised a $650 million early-stage fund, on Monday said it will focus on sectors including AI, consumer, fintech and manufacturing.

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The New Indian Express Tiruchy

Revolutionising mobile interactions with AI

AI-first experiences with One UI 7

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January 24, 2025
The New Indian Express Tiruchy

Markram and Jansen sizzle

AIDEN Markram and Marco Jansen combined to give Sunrisers Eastern Cape a 52-run win over Pretoria Capitals in their SA20 league stage encounter at Gqeberha on Wednesday.

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1 min  |
January 24, 2025
The New Indian Express Tiruchy

Dr Reddy's profit up 2% at ₹1,413 cr; revenue at ₹8.4k cr

Dr Reddy's Laboratories on Thursday said its consolidated net profit rose 2% to ₹1,413 crore in the third quarter of current financial year (FY25), driven by robust performance across markets.

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January 24, 2025
The New Indian Express Tiruchy

Postal voting begins in Erode East

OFFICIALS of Erode East constituency have started visiting the elderly and differently-abled voters to garner postal votes from Thursday.

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January 24, 2025
The New Indian Express Tiruchy

Zee Ent profit increases nearly 3-fold to ₹164 crore

Zee Entertainment Enterprises (ZEEL) on Thursday reported a nearly three-fold increase in consolidated net profit at ₹163.6 crore for third quarter of FY25, helped by lower expenses, specially operational costs.

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1 min  |
January 24, 2025
The New Indian Express Tiruchy

₹150-cr Olympic Academy in Tiruchy to be completed in 18 months: Minister

MINISTER for Municipal Administration KN Nehru along with Minister for School Education Anbil Mahesh Poyyamozhi on Thursday laid the foundation stone for the Olympic Academy set to come up at a cost of ₹150 crore in Elanthaipatti near Suriyur of the district.

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January 24, 2025
The New Indian Express Tiruchy

Capex spends may not see sharp rise

Most analysts expect the capex allocation to rise by 10-12% over the actual capex in FY25

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2 mins  |
January 24, 2025
The New Indian Express Tiruchy

Central team assessing rain damage visits Tiruvarur DPCs, collects samples

TWO members of the team of officials deputed by the Union government's food and public distribution department to assess the moisture content of paddy affected by the recent rains in delta districts on Thursday visited the direct paddy purchase centres (DPCs) in Tiruvarur and collected crop samples brought in by the farmers.

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January 24, 2025
The New Indian Express Tiruchy

Rising unsecured loans may pose NPA risks in FY26

THE rising stress levels in unsecured retail loan books of banks can spiral out of control and create asset quality risks this fiscal to the tune of 25% over the past fiscal's level, an international rating agency has warned.

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January 24, 2025
The New Indian Express Tiruchy

NCLAT stays CCI's ban on WhatsApp-Meta data sharing

IN a relief to Mark Zuckerberg-owned Meta, the National Company Law Appellate Tribunal (NCLAT) on Thursday suspended the Competition Commission of India's (CCI) five-year data-sharing ban between WhatsApp and its parent company, Meta Platforms.

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January 24, 2025