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CAPITAL DEVELOPMENT
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
Bihar gets record Rs 10,000 crore for rail infrastructure in FY27: Ashwini VaishnawBihar's rail network is set for a major upgrade. The Union Railway Minister announced a record Rs 10,000 crore allocation for infrastructur...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
AI music startup Tringbox raises Rs 5 crore in seed fundingTringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI develop...
Rapid rail between Lucknow and Kanpur, outer ring road planned for State Capital Region: AdityanathUttar Pradesh Chief Minister Yogi Adityanath announced significant development plans for Unnao. A rapid rail corridor connecting Lucknow an...
As Shiv Sena, TMC splits swell NDA ranks, TDP and JDU lose some of their bargaining chipNew political shifts are reshaping the NDA coalition. Defections from Shiv Sena (UBT) and a breakaway Trinamool Congress faction bolster BJ...
I Squared, US DFC to set up $3 billion energy infrastructure platform in AsiaI Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investme...
Cyber warfare firm Twenty valued at $1 billion in latest funding roundCyber warfare startup Twenty has secured $100 million in a funding round. This investment values the company at $1 billion. Accel led the r...
China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
Haircare startup Xtovia raises Rs 6.9 crore led by V3 VenturesFounded in 2025 by entrepreneur Navneet Misra and Dr Tunga Madhu Babu, who heads research and development and holds a PhD from IIT Madras, ...
Realty developer Puravankara acquires 9.73-acre land parcel in north BengaluruRealty developer Puravankara has acquired a significant land parcel in North Bengaluru. The 9.73-acre plot in the Devanahalli growth corrid...
HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
Karnataka explores biotech financing framework, AI-led innovation to support sector growthKarnataka is developing a dedicated support framework for its biotechnology sector, encompassing funding, mentoring, and regulatory guidanc...
States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
JSW Realty eyes Rs 1,600 crore Tata Capital loan for Mumbai office projectJSW Realty is nearing a significant deal to secure a Rs 1,600 crore loan from Tata Capital. This funding is earmarked for a new office deve...
Deeptech VC YourNest closes Rs 400 crore continuation fundYourNest Venture Capital has launched a Rs 400 crore continuation fund, YourNest Continuum Fund I, anchored by HDFC AMC. This fund will inv...
Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
Noida International Airport begins operations with first IndiGo flight from LucknowNoida International Airport has commenced flight operations. Its first IndiGo flight arrived from Lucknow and then departed back to the Utt...