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Understanding venture capital and how it works-thumnail

Understanding venture capital and how it works

Venture capital (VC) is a kind of private fund provided by investors to start-ups and small businesses with the potential for progress and growth. The majority of venture money comes

Finance

Mar 6, 2023

<strong>In its US IPO, SoftBank’s Arm hopes to raise at least $8 billion</strong>-thumnail

In its US IPO, SoftBank’s Arm hopes to raise at least $8 billion

SoftBank Group Corp.’s British chip designer, Arm Ltd., plans to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market debut this year, people

Finance

Mar 6, 2023

Govt slashes windfall tax on diesel to Rs 0.50 per litre, nil on ATF-thumnail

Govt slashes windfall tax on diesel to Rs 0.50 per litre, nil on ATF

The recent notion by the Indian admin to lower the windfall profit tax on exports to a min of Rs 0.50 per liter and complete waiver of aviation turbine fuel

Business

Mar 4, 2023

RBI penalizes Amazon Pay(India) for non-compliance with PPIs norms-thumnail

RBI penalizes Amazon Pay(India) for non-compliance with PPIs norms

According to industry sources, fintech players including Amazon Pay were told by RBI in 2017 to normalize video KYC instead of doing it physically by going door to door. They

Finance

Mar 4, 2023

Understanding the role of financial technology in the future of finance-thumnail

Understanding the role of financial technology in the future of finance

The financial technology sector has expanded significantly over the past ten years. According to Research and Markets, the global market, which was estimated to be worth $7.3 trillion in 2020,

Business

Mar 3, 2023

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings-thumnail

GIC, ORIX, and founders contribute $700 million to Greenko Energy Holdings

Greenko Energy Holdings, situated in Hyderabad, has raised $700 million in equity capital from its founders, GIC, an ADIA-affiliated wholly-owned subsidiary, and ORIX Corporation, a Japanese financial conglomerate. The business

Finance

Mar 3, 2023

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses-thumnail

ValueQuest Enters PE Segment With INR 1,000 Cr Fund, To Invest In Late-Stage Businesses

ValueQuest Investment Advisors, a public market investor based in India, has launched a new private equity fund and plans to raise up to INR 1,000 Cr ($121 Mn) for it.

Business

Mar 2, 2023

<strong>According to WTW, salaries in India will rise 10% in 2023, the highest in Asia-Pacific</strong>-thumnail

According to WTW, salaries in India will rise 10% in 2023, the highest in Asia-Pacific

According to a report published on Thursday, salaries in India are predicted to increase by 10% in 2023. Salary growth in India reached 9.8% in 2022. In the forthcoming year,

Finance

Mar 2, 2023

Axis bank acquires Citibank India’s consumer business and Citicorp Finance (India)-thumnail

Axis bank acquires Citibank India’s consumer business and Citicorp Finance (India)

The cash consideration for the acquisition based on the contracted computation of the closing position of assets, assets under management, and liabilities as on January 31, 2023, stands at Rs

Finance

Mar 1, 2023

Moody’s ups India’s growth projection for 2023 to 5.5% on higher capex-thumnail

Moody’s ups India’s growth projection for 2023 to 5.5% on higher capex

Moody’s Investor Service on Wednesday conveyed that they have revised the economic growth estimate of India for 2023 to 5.5 percent from the earlier projections of 4.8 percent due to

Finance

Mar 1, 2023

<strong>In 2024, passenger vehicle sales in India are expected to grow 9-10%, according to CRISIL</strong>-thumnail

In 2024, passenger vehicle sales in India are expected to grow 9-10%, according to CRISIL

According to rating agency Crisil, sales of passenger vehicles in India, the world’s fourth-largest auto industry, are predicted to increase by 9% to 10% in the upcoming fiscal year, or

Business

Feb 28, 2023

“Paytm Witnesses Changes in Shareholding: Ant’s Stake Exceeds 25% and Mutual Funds Increase Their Investment”-thumnail

“Paytm Witnesses Changes in Shareholding: Ant’s Stake Exceeds 25% and Mutual Funds Increase Their Investment”

Paytm, a digital payments and financial services firm saw an increase in stake from Chinese investor Ant Financials and domestic mutual fund players following a recent buyback. According to a

Finance

Feb 28, 2023


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