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Aum Ventures marks first close of Rs 750 crore deeptech fund at Rs 225 croreAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technolog...- Jungle Ventures lifts India allocation to 70%, directs new bets to AI, manufacturingFounded by Amit Anand and Anurag Srivastava in 2012 with a $10-million debut fund, Jungle typically prefers main funds of about $400 millio...
- Govt extends ED Director Rahul Navin's tenure beyond August 13Enforcement Directorate Director Rahul Navin's tenure has been extended by one year. This extension will keep him in his role until August ...
- Former SK Hynix employee jailed for leaking information to a Chinese firm: ReportThe Seoul High Court made the ruling in an appeal case against the defendant, upholding the lower court's sentence, for leaking classified...
- Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winnerIn a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The ...
- FSSAI crackdown sends food, beverage firms back to drawing boardAmid heightened regulatory scrutiny, Indian food and beverage companies are taking steps to update product labels and advertising claims. R...
- Spain initiates process to remove its Ambassador to India following alleged financial dealingsSpain is replacing its ambassador to India, Juan Antonio March Pujol. He faces allegations of taking financial favors from an Indian firm. ...
- Rupee steady as oil firms buy dollarsThe Indian rupee showed minimal movement against the dollar on Friday, closing nearly unchanged. Oil companies actively bought dollars to r...
- Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
- Trump-linked fintech firm AI Financial sells unit to Prime DeltaAI Financial will receive a $12 million secured promissory note - with $1 million due next week and the rest paid over time - and about 1...
- Science ministry rejects conflict-of-interest claims in RDI fundMinistry officials defended the Research, Development and Innovation Fund selection process. They stated that conflict of interest guidelin...
- Hackers targeted US private equity, other firms including Blackstone, CME, data showsThe data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and financial companies incl...
- Hackers targeted US private equity, other firms including Blackstone, CME, data showsThe data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and companies including Blac...
- Indonesia government to take over state firm's stake in troubled China-funded high-speed railwayIndonesia's government will acquire a majority stake in the high-speed rail operator. This move aims to manage the project's outstanding lo...
- Deeptech backer Piper Serica raises Rs 300 crore in first close of new fundPiper Serica has secured Rs 300 crore for its Bharat Tech Fund. This new fund will invest in deeptech startups across various sectors. Near...
- Major Wall Street firms targeted in attempted cyberattacks, sources sayMajor Wall Street financial firms faced sophisticated cyberattacks recently. Hackers used phone calls to trick employees into granting acce...
- Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
- Ajmera Realty & Infra Q1 profit rises 14% to Rs 45crAjmera Realty & Infra India Ltd reported an impressive fourteen percent increase in net profit, amounting to Rs 44.94 crore for June. Along...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Ceuta migrant crisis: Spain breaks silence with firm sovereignty messageSpain firmly defended its sovereignty over Ceuta after thousands of migrants crossed from Morocco. Most migrants have since returned, but t...
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