Nexus Venture To Raise $700 Mn Fund To Bet On Domestic, US Tech Startups
Nexus will invest the new funds in early stage funding rounds of Indian internet and technology startups, as well as U.S... Read more
Global Macro Headwinds May Moderate Growth For Indian IT Industry: Icra
The evolving global macroeconomic headwinds could moderate growth for Indian IT services industry over the medium term, ... Read more
RBI Lifts Ban On M&M Finance For Outsourcing Recovery, Repossession Agents
On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through o... Read more
Delhi Govt Refuses To Participate In Arbitral Award Payment To RInfra
The DMRC on December 15 had launched a rights issue to raise Rs 7,131 crore from its existing shareholders - the Centre ... Read more
Govt Sticks To Demand For Increased Share In Barmer Oil & Gas Block
The SC has been hearing a dispute between Vedanta and the federal government related to an extension of the production-s... Read more
Indian Tyre Industry To Scale Turnover Of Rs 1 Trn In Next 3 Years: ATMA
The Indian tyre industry will be able to scale a turnover of Rs 1 lakh crore in the next three years on the back of new ... Read more
Coal India, Trade Unions Sign Pact For 19% Minimum Guaranteed Benefit
State-owned Coal India Limited (CIL) and trade unions have agreed to a 19 per cent minimum guaranteed benefit of the mon... Read more
Honda Motorcycle & Scooter India Sales Up 11% At 233,151 Units In Dec 2022
Honda Motorcycle & Scooter India on Wednesday reported a 10.7 per cent increase in domestic sales at 2,33,151 units ... Read more
Adani Group Plans To Roll Out 5G Services, Consumer Apps This Year
The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company Read more
RBI Lifts Curbs On Loan Recovery Via Third Parties: M&M Financial Services
MMFSL shares had plunged over 20% following the order in September, before recouping those losses by December Read more
On Industry Demand, ASCI Extends 'Dark Patterns' Paper Feedback Deadline
According to data analysed by ASCI, 29 per cent of ads in 2021-22 were misleading Read more
CESL Accelerates On The Green Track, Opens Bids For 6,465 Electric Buses
The subsidiary of a joint venture owned by four public sector power companies is moving rapidly to enable the creation o... Read more
FMCG Cos Expect Fewer Price Hikes, Robust Growth In 2023 Despite Headwinds
Industry strong enough to withstand another Covid hot for at least two quarters; global recession to have little impact;... Read more
Mercedes-Benz Energy Signs Deal With Lohum To Recycle EV Batteries
Lohum has committed to lift a minimum of 50 MegaWatt Hertz (MwH) across multiple second-use modules a year from Mercedes... Read more
Retail Giant Walmart Gets $1-billion Tax Bill For PhonePe Shift To India
The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acqu... Read more