Activate joins Sarvam's $300 million funding round, eyes deeper AI partnershipBeyond the investment Activate and Sarvam plan to work together on three areas: supporting India's AI startup ecosystem, helping large digi...
Nykaa’s strong Q1; Activate backs SarvamNykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5.
Govt tables tax amendment Bill with FII relief, electronics manufacturing pushThe Taxation and Other Laws (Amendment) Bill, 2026, was tabled, proposing significant changes to tax laws. Banks and payment providers will...
IRDAI clears investments in private companies, eases infrastructure funding normsIRDAI has expanded insurers' investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, r...
Waaree Renewable Technologies inks pact to enter Australia, New Zealand renewable energy marketWaaree Renewable Technologies Ltd has signed an early contract agreement for a New Zealand project. This agreement involves developing a la...
B9 board, investors set out to find buyers for founder Ankur Jain's stakeBira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buy...
KKR backed Serentica Renewables secures $1.2 bn fundingSerentica Renewables has secured over $1.19 billion across three financing transactions. This funding will accelerate capacity expansion an...
Shapoorji Pallonji Group completes long-delayed debt fundraising, sources sayThe Shapoorji Pallonji Group has successfully wrapped up its fundraising campaign, garnering bids amounting to a remarkable 215 billion rup...
Shipping ministry gives in-principle approvals for shipbuilding and repair clusters in GujaratGujarat will soon establish a new shipbuilding cluster in Porbandar. A significant ship repair facility is also planned for Vadinar in the ...
Karnataka to roll out comprehensive data centre policy to support infra requirements of AIKarnataka will soon unveil a comprehensive data centre policy to support AI infrastructure needs. This policy aims to create essential digi...
Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansionHyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
Sebi mulls allowing InvITs to add major road expenses back into NDCF calculationThe proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) ...
Sebi expands permitted use of borrowings for highly leveraged InvITsThe changes, which have come into force with immediate effect, are aimed at providing greater flexibility to InvITs in managing funding req...
Budget 2019: SPV gets Rs 1300 crore for FY19 to service Air India's debt, Rs 2600 cr for FY20The allocations for the next fiscal has also been doubled to Rs 2,600 crore, which will used to service the debt of Rs 29,000 crore that th...
Not looking at setting up SPV for raising capital from market: SBICountry's largest bank SBI has said that it is not looking at setting up a special purpose vehicle (SPV) for its real estates.
- SPV to be under RBI control: VK Shunglu
"This SPV will be owned by RBI, such that there is no political interference at all. RBI is supposed to be an autonomous institution."