[ad_1] MUMBAI: Startup IPOs are taking the sheen off large private funding deals (beyond $100 million). Venture capital (VC) investors are actively raising funds, the funding winter is over, but it is the small and mid-sized deal counters (a few million dollars to $50 million or so) where there’s a rush of activity. There have…
[ad_1] Despite the relaxation of Flight Duty Time Limitations (FDTL) rules, chaos continued across major Indian airports on Sunday. Passengers angry, exhausted and desperate were seen shouting, sobbing and climbing service counters. IndiGo said it managed to operate 1,650 flights out of its 2,300 daily domestic and international services, while 650 flights were cancelled as…
[ad_1] Wakefit Innovations Ltd has raised Rs 186 crore ahead of its initial public offering, with Steadview Capital, WhiteOak Capital and Temasek-backed Capital 2B collectively buying shares through secondary transactions before the public issue opens.As disclosed in a public announcement, Steadview Capital Mauritius, WhiteOak Capital and Capital 2B acquired a combined 95.57 lakh equity shares…
[ad_1] Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest…
[ad_1] Leading paint companies are turning cautiously optimistic about the December quarter, expecting a recovery in volumes and margins after a rain-disrupted first half, even as competition in the sector remains intense.Executives from Asian Paints, Kansai Nerolac, Berger Paints and AkzoNobel India said recent trends point to a demand revival from September, with benign raw…
[ad_1] CEO and billionaire Elon Musk denied news reports that his rocket and satellite maker SpaceX is seeking a $800 billion valuation through a share sale.“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate,” Musk said in a post Saturday on his social media platform X….
[ad_1] The Ministry of New and Renewable Energy (MNRE) on Sunday dismissed reports suggesting it had asked lenders to halt financing for renewable energy projects, saying no such advisory has been issued to financial institutions, PTI reported.In a statement, the ministry said it has not directed banks or other lenders to stop extending loans to…
[ad_1] A visiting European Union delegation will meet commerce and industry minister Piyush Goyal on Monday to review progress in negotiations on the proposed India-EU free trade agreement (FTA), as both sides push to conclude talks within a year-end deadline, an official told PTI. The meeting comes amid efforts to narrow differences in critical areas…
[ad_1] Global cues are likely to take centre stage for Indian equities in the coming week, with investors bracing for the US Federal Reserve’s interest rate decision and closely tracking foreign institutional investor (FII) activity for direction, PTI reported.Analysts said domestic markets, which ended last week largely flat, are expected to react to a mix…
[ad_1] India’s power distribution companies need to move faster towards intelligent, reliable and consumer-focused networks, with technology adoption paired with greater consumer engagement, Power Minister Manohar Lal Khattar said on Sunday.Addressing a two-day National Conference on the use of artificial intelligence and machine learning in the power distribution sector at Bharat Mandapam in New Delhi,…