Peak XV Partners opens applications for 10th cohort of ‘Surge’ programme in India
New Delhi, July 12 - Venture capital and growth investing firm Peak XV Partners, on Friday, announced that the application is now open for the 10th cohort of its rapid scale-up programme for early-stage companies 'Surge', which will begin in October in India.
Kumaraswamy asks NMDC to commit to production target of 100 million tonnes
Hyderabad, July 12 - Union Minister of Steel and Heavy Industries H.D. Kumaraswamy has called on National Mineral Development Corporation (NMDC) officials to commit to their goal of 100 million tonnes of iron ore production by 2030, as a tribute to the Honourable
PM’s vision of ‘Purvodaya’ for NE region to be gateway of India’s progress: DoNER Minister Scindia
Guwahati/Shillong, July 12 - Minister of Development of North Eastern Region (DoNER) and Communications, Jyotiraditya Scindia on Friday said that Prime Minister Narendra Modi’s vision of ‘Purvodaya’ for this region would be the gateway of India’s progress.
Massive opportunity in India if you take a decade-long perspective: PepsiCo CEO
New Delhi, July 12 - As India strives to achieve the trillion-dollar economy sooner than expected, Ramon Laguarta, Chairman and CEO of PepsiCo, has said that the country is a big growth space for them and "is an investment area for sure".
India equity capital markets raise $29.5 bn in 2024 1st half, M&A activity hits $37.3 bn
New Delhi, July 12 - The India equity capital markets (ECM) hit a record high and raised $29.5 billion in the first half this year, up 144.9 per cent compared to a year ago, a report has said, as follow-on public offers (FPOs)
Bengaluru Tech Summit: K’taka govt holds pre-event breakfast meet with industry leaders
Bengaluru, July 12 - Karnataka Chief Minister Siddaramaiah on Friday inaugurated a pre-event breakfast meeting related to the Bengaluru Tech Summit at a private hotel in the city.
Nothing sells 1 lakh units of India-made CMF Phone 1 in 3 hours
New Delhi, July 12 - London-based technology company Nothing on Friday announced that 1 lakh units of its sub-brand's debut smartphone CMF Phone 1, which is being manufactured in India, was sold in just three hours across various channels.
Centre sanctions Rs 114 crore project for rural roads in Tripura
New Delhi, July 12 - The Ministry of Rural Development has sanctioned 42 roads measuring 118.756 km with an estimated investment of Rs 114.32 crore to strengthen rural connectivity in Tripura.
Automobile sales jump in Q1 FY25 over economic growth, rural demand: SIAM
New Delhi, July 12 - Riding on overall economic growth, especially in the rural markets, the Indian automobile industry saw a robust performance across all segments in the first quarter of the current fiscal (FY25), including passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers,
Fintech firm Partior raises over $60 million in funding
New Delhi, July 12 - Fintech company Partior on Friday announced the first close of over $60 million Series B round led by the venture capital and growth investing firm Peak XV Partners.
Essar Energy Transition launches EET Hydrogen Power
New Delhi, July 12 - Essar Energy Transition (EET), on Friday, announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027.
Users report losing lakhs due to glitch in Zerodha, firm says ‘issue now resolved’
New Delhi, July 12 - Several users on Friday reported losing lakhs of rupees while trading on brokerage firm Zerodha's trading platform Kite due to a glitch in the application.
Samsung chief Lee Jae-yong visits India: Report
Seoul, July 12 - Samsung Electronics Chairman Lee Jae-yong has been on a visit to India to review the company's local operations and meet with business partners, according to a report.
Vizhinjam Port a perfect example of PM Modi’s ‘Maritime Amrit Kaal 2047’ vision: Karan Adani
Thiruvananthapuram, July 12 - Vizhinjam Port is a perfect example of Prime Minister Narendra Modi's triple focus - Ports for Prosperity, Ports for Progress and Ports for Productivity -- Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ) said on Friday,
Markets at new all-time high, Nifty trades above 24,500 for first time
Mumbai, July 12 - India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.
Vizhinjam port: CM Vijayan applauds Adani Group for its sincere efforts to realise the dream
Thiruvananthapuram, July 12 - Kerala Chief Minister Pinarayi Vijayan, on Friday, applauded the efforts of Adani Group in realising the dream of a ‘mother port’ at Vizhinjam, which will turn Kerala into the hub of India's container business.
Zepto promotes Devendra Meel to Chief Business Officer
New Delhi, July 12 - Quick grocery delivery platform Zepto on Friday announced the elevation of Devendra Meel to the Chief Business Officer (CBO), effective July 2024.
Musk’s X developing ‘dislike’ button for downvoting replies
New Delhi, July 12 - Elon Musk-run X is developing a downvoting feature which will be used to improve the ranking of replies.
Budget to strengthen ‘Viksit Bharat’ narrative, focus on more job creation: Report
New Delhi, July 12 - The Union Budget 2024-2025 will strengthen the narrative of ‘Viksit Bharat’ by 2047 along with more job creation, following a transformation witnessed in the last 10 years across economic parameters, a report showed on Friday.
Historic moment: First mothership officially received at Adani Group’s Vizhinjam Port
Thiruvananthapuram, July 12 - Marking a momentous occasion in the port history of India, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, state Chief Minister Pinarayi Vijayan and Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ), on Friday officially