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Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
Farmer's son from small Tamil Nadu village builds Rs 1.5-crore software business after quitting nine-year Chennai IT career & starting with just two laptopsEswaran Arumugam started his software company, Yaa Creations, in Tamil Nadu with Rs 1 lakh borrowed from his brother and just two laptops. ...
From Rs 25,000 to Rs 2.5 crore: Three Pune brothers turn college kabada project into goldmine, sold 20 lakh kg scrapThree Pune brothers have transformed a college project into a Rs 2.5 crore scrap collection business. Jayesh, Ganesh and Vaibhav Pakhale st...
Blackstone set to acquire 15% of IIFL for Rs 5,000 croreBlackstone will invest around Rs 5,000 crore for a 15% stake in IIFL Finance, while promoters Nirmal Jain and R Venkataraman will invest Rs...
From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investorsNanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involvi...
Failed UPSC dream to Rs 130 crore success: How Bengaluru man turned Rs 1 crore investment into a healthy food businessSandeep Jangala's journey began with a dream of becoming an IAS officer, but the road to success was not without its obstacles after his UP...
81-year-old Bengaluru CA helps 8 companies send Rs 200 crore overseas, seeks protection from arrest after tax evasion probe, blames staff misused his digital signatureAn 81-year-old Bengaluru chartered accountant allegedly issued 163 Form 15CB certificates for eight companies involved in foreign remittanc...
Bonus, stock splits & dividends: Dabur India, HUL, ONGC among 76 companies turning ex-record date this weekAs many as 76 companies, including Dabur India, HUL, ONGC, NBCC, and HUDCO, have set record dates for dividends, stock splits, and bonus is...
LG Electronics India enters automotive solutions business, plans manufacturing in Andhra PradeshLG Electronics India has received board approval to expand into automotive technology and manufacture vehicle solutions. The company plans ...
Shiprocket posts maiden profit on strong core business growthThe company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry SecretaryCoal gasification projects are expected to provide significant foreign exchange savings for India by substituting imports. The Coal Ministr...
LG Electronics India Q2 Results: Net profit jumps 27% YoY to Rs 489 crore; stock climbs 5%LG Electronics India reported a net profit of Rs 489 crore for the second quarter of FY27, which is an increase. The profit jumped 27% year...
S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earningsS&P Global Ratings has affirmed Reliance Industries’ (RIL) ‘A-’ long-term issuer credit rating with a stable outlook, citing resilient earn...
CCI approves Kotak Mahindra Bank's acquisition of Deutsche Bank's India retail banking businessKotak Mahindra Bank Limited has received approval from the Competition Commission of India for its acquisition. This acquisition involves D...
ETMarkets Fund Guide: Large, mid or smallcap? How a Rs 1.5 lakh crore-fund manager approaches flexicap investingIn this edition of ETMarkets Fund Guide, we decode the flexi-cap category with Raunak Onkar, Fund Manager and Research Head at PPFAS Mutual...
Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
SaaS firm Capillary’s AI platform drives new customer wins, revenue grows 51%Capillary’s aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and...
AI on the clock as fintechs demand payoff for spendsSeptember-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, ...
SaaS firm Capillary Technologies’ Q2 profit at Rs 21.9 crore, revenue rises 51%Adjusted Ebitda (earnings before interest, tax, depreciation, and amortisation) rose 103% year-on-year (YoY) to Rs 44.9 crore, while adjust...
Bank lending rises as corporate bond fundraising falls amid higher yields: Finance MinistryBank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank cred...