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Understand 'Market Coupling Approved' before reacting to IEX stock price movement and making any decisionIndian Energy Exchange (IEX) suffered a dramatic stock plunge after regulators approved “market coupling” for electricity trading. This mov...- Potential for SMEs to contribute up to 50% of GDP through AI, tech transformation: OfBusiness"AI and technology transformation can scale-up SMEs production and then reach to 50% contribution to the GDP from the current 30%, and enha...
- DIPAM seeks bids for transaction advisor for IDBI Bank strategic disinvestment, last date July 13Among several criteria listed for eligibility, bidders should have completed at least one transaction of strategic disinvestment, strategic...
- OfBusiness in talks with SoftBank to raise funds at $1.2 billion valuationSoftBank is likely to invest anywhere between $100 million and $150 million in OfBusiness in an all-primary funding round, making the B2B e...
- Too legit to quitIn today's morning dispatch, India's crypto exchanges are drawing up a legitimacy plan; Business chambers seek an end to the standoff betwe...
- OfBusiness parent raises $110 million at $800 million valuationOfBusiness, which procures raw material for manufacturing and infrastructure sectors, plans to go for an IPO in two years’ time and has bee...
- 2 soldiers killed, 3 injured as Pakistan violates ceasefireAt least four places came under indiscriminate shelling and firing by Pakistan Army to target civil and defence facilities in the area, a p...
- OfBusiness secures additional debt funding worth Rs 25 crore from Kotak BankIn January this year, it raised $11 million in Series B from Zodius Technologies with participation from existing investors.
- JICA inks pact for Mumbai-Ahmedabad high speed rail projectJICA said the signing of the pact confirms methodology of the GC work by the three parties under the agreement.
- New consultant, bid papers to avoid Sasan-like disputePower Finance Corporation (PFC), the nodal agency for the ultra mega power projects, has decided to take steps to avoid a repeat of the con...
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