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ETtech Deals Digest: Startups raise $936 million in March so far; down 56% on-yearThe number of deals during the month, however, was down at 94, compared to 237 in the corresponding month last year.- Cultfit raises $47 million from Singapore’s TemasekFitness startup Cultfit raised $47 million (Rs 440 crore) from Singapore-based Temasek, its first major funding in two years. The Bengaluru...
- 21% Ka Jhatka: UltraTech entry jolts cable & wire companies, profits on the lineIndia's largest cement company has plans to invest ₹1,800 crore over the next two years, and the plant is expected to be commissioned by De...
- ESR leases out 48,800 sq ft industrial space to UPM Raflatac in Navi Mumbai’s TalojaUPM will be utilising this space in ESR Taloja Industrial & Logistics Park to serve its growing customer base in India and achieve higher e...
- UltraTech buys 23% stake in India CementsUltraTech, the Aditya Birla Group cement maker and the country's largest, bought 70.6 million shares of India Cements as a "non-controlling...
- Tata Digital-backed Cult.fit raises $10 million in funding round led by Valecha InvestmentsThis funding round follows the Bengaluru-based fitness startup's cost-cutting exercise in January 2024 that saw around 100 employees being ...
- After duty cut, TV makers may switch to 'Make-in-India' modeA CEAMA member said LG and Samsung will now start their local production plans afresh since they too had been looking at importing panels f...
- Lenders may okay ultra-HNIs’ bid for Jyoti StructuresThis is the only proposal banks have received for Jyoti Structures. It will require them to take a haircut of more than 80%; so they get le...
- Is it the right time to invest in pharma funds?If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
- Corporate capex recovery delayed further, says Ind-RaHighly leveraged stressed companies will drag down investment recovery, says India Ratings & Research.
- TCL targets 10% share in 4G smartphone segment by 2018TCL today launched its first mobile phone under own brand, TCL 560, in India with an aim to corner 10 per cent market share.
- India Ratings identifies 240 corporates being under stress to repay loansIn a study conducted across 500 business houses, the ratings agency classified corporates under four categories depending on their refinanc...
- M&A deal tally at $29 bn till Oct, up 23%In addition, the inbound activity has substantially increased both in terms of value and volume as compared to 2013 with 24 deals of over $...
- Plant capacity in Odisha & Andhra Pradesh to expand by November: Firdose Vandrevala, Essar SteelEssar Steel seeks to strengthen its working capital needs by selling assets & raising equity from promoters in addition to dollarising its ...
- 'No ratings impact seen on most companies if Rupee falls to 65 vs Dollar'As many as 225 of a total 290 corporates are unlikely to be impacted on the ratings front if rupee falls to 65 against the dollar, accordin...
- 65 investment grade issuers staring at rating downgrade following Rupee depreciation: India Ratings65 investment-grade issuers may face negative rating actions, such as a rating downgrade, if rupee remains in this range.
- Valecha Engineering bags Rs 196-cr road project in UPValecha Engineering today said it has bagged a road project involving an investment of about Rs 196 crore in Uttar Pradesh.
- Infrastructure stocks strengthen led by L&T, Reliance Infra, HCCInfra stocks rose for the second day in a row after PM Singh reiterated his focus on boosting investment in the sector.
- Construction sector: High promoter holding, low debt to aid fund flowIt is believed that companies with high promoters' holding, low debt and less pledging of shares are in a better position to secure funding...
- Cos float FDs to shore up liquidityDesperate times call for desperate measures. With liquidity in short supply, companies are increasingly resorting to the traditional practi...
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