Backstop Corpus For Debt Funds May Grow In Future
A ₹33,000-crore backstop proposed by the market regulator to support debt mutual funds at times of liquidity freeze i... Read more
Atomberg Nears Raising $90 Mn In Round Led By Temasek, Others
The investors have agreed to a post-money valuation of $425 million-$450 million, the people cited above said on the con... Read more
Investors To Decide On Demerger Of RILs Finserv Arm
After demerger, Jio Financial’s authorized share capital will rise significantly from ₹232.1 crore to ₹15,005 cr... Read more
Wipro Says Badri Srinivasan Will Lead India And Southeast Asia Businesses
In his new role, Badri will be taking over the leadership of these two regions to drive deeper synergies, facilitate sha... Read more
Hero MotoCorp Appoints Niranjan Gupta As CEO From 1 May
Dr. Pawan Munjal will continue as Executive Chairman and Whole-time Director on the board, the two-wheeler maker said Read more
CVC, Advent, Bain In Race To Buy Porus Labs For About <span Class='webrupee'>₹</span>2,500 Cr
Hyderabad-headquartered Porus Labs runs a pharma and chemicals business, developing and manufacturing pharma intermediat... Read more
Air India Completes Roll Out Of Esop
The company had launched the employee share benefit scheme in early this year in January 2023 for the permanent staff o... Read more
Call Me The Wanderer, I Roam Around
‘Oumuamua was unlike any object we’ve encountered in our solar system Read more
Axis Bank Enters Into Co-lending Pact With Shriram Housing Finance Through Yubi
Both the lenders will offer secured MSME loans and home loans to the middle and low-income segment borrowers based in ru... Read more
Debt Grows More Expensive, Harder To Get For Startups After SVB Collapse
Big banks are ‘out of touch’ with the lending needs of venture-backed startups, one investor says Read more
Understanding The Risks And Benefits Of Investing In Fintech Startups
Fintech startups are often the first movers in disruptive technologies, fashioned to address an unmet need or to introdu... Read more
Deutsche Bank And The Ghost Of Crisis Past
Investors search for the next weak link in European banking after Credit Suisse Read more
Microsoft Threatens To Restrict Data From Rival AI Search Tools
Microsoft Corp. has threatened to cut off access to its internet-search data, which it licenses to rival search engines,... Read more
Salesforce Considers More Job Cuts Amid Profit Push, COO Says
Salesforce Inc. could see another round of job cuts while the company continues to focus on improving profitability, sai... Read more
Apple Inc Supplier Pegatron In Talks To Open Second India Factory: Report
Pegatron plans to add a second facility near the southern city of Chennai in Tamil Nadu state Read more