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New Delhi: At least 32 domestic startups secured nearly $135 million in funding this week, which saw four growth-stage deals and 22 early-stage deals in a significant jump of over 45 per cent from last week. Deeptech startups emerged as leader this week as Industrial robotics maker Haber raised Rs 317.2 crore (approximately $38 million)…
New Delhi: IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030. The company seeks to raise up to $3.26 billion through an IPO and shares are expected to begin trading on October 22….
Mumbai23 minutes ago copy link The Government of India has given ‘Maharatna’ status to PSU company Hindustan Aeronautics Limited (HAL). With this, HAL has become the 14th company in India to achieve ‘Maharatna’ status. The Department of Public Enterprises gave this information by sharing a post on social media platform X. DPE said that Finance…
New Delhi53 minutes ago copy link Rupee has reached its record all time low. It saw a fall of 11 paise against the US dollar and closed at an all-time low of Rs 84.09 per dollar. Earlier on August 8, 2024, the rupee had closed at its lowest level of 83.99 against the dollar. According…
Authored by Durgesh Jaiswal & Niharika Gupta: In today’s fast-evolving financial landscape, the accuracy and reliability of credit models have become more crucial than ever. The Reserve Bank of India (RBI), in its circular issued on August 5, 2024, titled ‘Regulatory Principles for Management of Model Risks in Credit’, introduced a comprehensive regulatory framework that…
Hindi News Business Avenue Supermarts Ltd Q2 Results, DMart Reports 5.77% Hike In Consolidated Net Profit At Rs 659.58 Crore Mumbai5 minutes ago copy link Avenue Supermarts, the company operating the retail chain Dmart, has increased its consolidated net profit to Rs 659.58 crore in the second quarter of the financial year 2024-25. There has been…
Hindi News Business Zerodha Co Founder Nikhil Kamath’s Major Concern About Startup Ecosystem Mumbai51 minutes ago copy link Co-founders of brokerage firm Zerodha, Nitin Kamath and his brother Nikhil Kamath. (file photo) Zerodha’s co-founders Nitin Kamath and his brother Nikhil Kamath have expressed concerns about the startup ecosystem. Kamath Brothers said that excessive regulation can…
New Delhi8 minutes ago copy link Punjab National Bank (PNB) and Bank of Baroda (BoB) have recently increased the interest rates on fixed deposits (FD). In such a situation, if you are planning to make FD in these banks or any other bank, then before that you should also know about the National Time Deposit…
China’s economy has remained sluggish despite the lifting of COVID-19 restrictions at the end of 2022. China’s Finance Minister Lan Fo’an Lan’s remarks leave the door open for a stimulus plan in the future but he did not divulge what is under consideration. The Chinese government is looking at additional ways to boost the economy,…
Hindi News Business Gold Price Today (12 October); What is the price of gold and silver today? Business News New Delhi19 minutes ago copy link This week there has been a decline in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), on last Saturday i.e. October…