The fund will focus on tech startups in B2B SaaS, healthtech, agritech, climate-tech and deeptech, with investments ranging from Rs 1 crore to Rs 3 crore each. The target corpus is Rs 200 crore.Kamal Bansal, MD, “The Startup Fund will ensure availability of a seamless funding pathway for...
New Delhi [India], The Enforcement Directorate (ED) has filed a prosecution complaint in an alleged Rs 1,000 crore money laundering case against real estate firm Shine City, against whose owners and officials the police have filed over 550 FIRs across Uttar Pradesh. Are of. the agency said on...
This is the second prosecution complaint filed by the ED in this case.ED initiated investigation on the basis of around 554 FIRs lodged by Uttar Pradesh Police against Rashid Naseem and Shine City Group of Companies.The investigation revealed that the accused persons, associates and...
According to the Korean company, under the MoU, LG Electronics will supply its advanced EV charging equipment to ChargePoint, while the US company will provide software for operating the charging stations.ChargePoint manages more than 306,000 active ports in North America and Europe, Yonhap...
New Delhi, The Competition Commission of India (CCI) on Tuesday said it has approved the proposed internal restructuring within the Godrej Group.“The proposed combination relates to the interests, legal ownership and management of various entities within the Godrej Group pursuant to an...
Mumbai, Amid widespread concerns about digital lending, an industry body on Tuesday said its 37 member institutions saw a 49 per cent rise in disbursements to Rs 1.46 lakh crore in the financial year 2023-24.According to the Fintech Association for Consumer Empowerment (FACE), the number of...
New Delhi, Consumer Affairs Secretary Nidhi Khare on Tuesday warned e-commerce companies against deploying deceptive user interface designs known as "dark patterns", saying the practice violates consumer rights. And amounts to unfair trade.Addressing a stakeholder session, Khare highlighted...
Paris [France], Indian defense sector companies from both public and private sectors are participating in the EUROSATORY 2024 defense show in France.Indian products like Pinaka multi-barrel rocket launcher system and LCA Tejas combat aircraft are being showcased at the exhibition.The Indian...
PNNBengaluru (Karnataka) [India], June 18: Avvanz, the leading HRTech and FinTech company, today announced its official launch in India. This is an important step forward for the Indian labor market – now more than ever.Why?The Indian employment landscape presents unique challenges for...
New Delhi [India], Technology services and consulting company Wipro on Tuesday entered into a strategic partnership with wealth management and technology advisory company GBST.The company informed the stock exchange in a filing that the partnership aims to provide end-to-end administration...
Bengaluru-based Bharat Electronics Ltd (BEL), a major player in the country's defense industry, has an order book worth Rs 75,934 crore.Hindustan Aeronautics Limited (HAL), which mainly supplies to the Indian Air Force, has an order book of Rs 38,561 crore and is set to take a huge leap in...
New Delhi [India]: The ownership of foreign portfolio investment in NSE-listed companies has fallen below 18 per cent for the first time in 11 years, marking a marked change in investment patterns in Indian markets by FY2014.According to an NSE report, FPIs in India's NSE-listed companies have...
New Delhi [India], Uttar Pradesh has achieved an important milestone by becoming the second state in India to cross one crore investors in the stock market. According to a report by the National Stock Exchange (NSE), as of May 2024, the state's share was about 11 per cent of the total 9.32 crore...
SMPLNew Delhi [India], June 17: For early-stage start-ups, which are self-funded, a major challenge they face is taking important decisions without the availability of professional staff due to limited budget. Consultants bridges the gap by providing much-needed capabilities to early-stage...
New Delhi, After formulating a standard operating procedure (SOP) to streamline visa approval for Chinese professionals whose expertise is required by sellers under the PLI scheme, the government is in the final stages of implementing similar processes for other manufacturing units. Is in, an...
Raisen (Madhya Pradesh), 39 boys and 19 girls were rescued from a liquor distillery in Madhya Pradesh's Raisen district, an official said on Sunday.The National Commission for Protection of Child Rights (NCPCR), along with the Association of Voluntary Action, also known as Bachpan Bachao...
New Delhi: Five of the top 10 most valued companies added Rs 85,582.21 crore to market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer in line with the positive trend in equities.Last week, BSE benchmark Sensex rose 299.41 points or 0.39 per...
Amaravati, Andhra Pradesh IT and Electronics Minister Nara Lokesh on Saturday said a new investor-friendly information technology policy will soon be implemented in the state.Lokesh held a review meeting with senior IT and electronics officials and inquired about the incentives being offered...
New Delhi: Kitchen and small home appliances maker Butterfly Gandhimathi Appliances said on Saturday that its Managing Director Rangarajan Sriram has resigned.His resignation is effective from June 14, 2024.The company has appointed Shweta Sagar as Manager and Chief Business Officer. A...
New Delhi: Telecom regulator TRAI has taken up the nuisance and fraudulent call issues with banking and financial services sector companies and regulators in a meeting held on Friday, an official statement said.Telecom Regulatory Authority of India (TRAI) said in a statement that during the...