Indian direct-to-consume­r denim brand Freakins has rece­ntly secured $4 million in see­d funding. The investment is le­d by Matrix Partners India and Blume Venture­s. These funds will be utilize­d to

PharmEasy, a prominent online pharmacy, has informed its board and investors that it intends to raise approximately Rs 2,400 crore through a rights offering at a 90% lower stock price

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Japanese firms have offered the most significant pay increases in thirty years during this year’s negotiations with workers, according to the country’s largest trade union group, Rengo.

Chartered Accountants or Final and Intermediate exam results are anticipated to be released by the ICAI on July 5th, 2023. On icai.org, students can view the results.

Premji Invest led the Series B investment round in which Giva Jewellery raised Rs 200 crore, the company disclosed on Wednesday. Premji Invest led the Series B investment round in

Gallium and germanium exports from China are being restricted; according to Minister Rajeev Chandrasekhar, a new India is engaging with the international community to create supply chains that are more resilient.

Next month. Micron Technology will begin the construction of a semiconductor assembly plant in Gujarat, India. This $2.75 billion project aims to produce microchips that are made in India by late 2024. Supported by the Indian government and the state of Gujarat. This endeavor is expected to generate up to 5,000 direct jobs in two phases. It is noteworthy that this action aligns with the US government’s initiative to encourage American chip companies to invest in India and expand their operations beyond China.

Kailash Katkar, the founder and outgoing CEO of the cyber security company, will become chairman and managing director after Vishal Salvi assumes leadership.

Mackenzie Speculations, one of Canada’s biggest asset chiefs, is turning less hopeful about stocks and sees better worth in bonds after the 13% assembly for worldwide values in the main

IDFC First Bank has approved a me­rger with IDFC Ltd to simplify its corporate structure and e­nsure regulatory compliance. The­ merger ratio has bee­n set at 155:100, meaning that for eve­ry 100 shares of IDFC held by shareholde­rs, they will receive­ 155 shares of IDFC First Bank.