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INFRASTRUCTURE FIRMS
Zetwerk’s early backers stand to make returns of up to 38-fold at IPO priceVenture capital (VC) firms Kae Capital, Accel, Peak XV Partners and Lightspeed Venture Partners will together sell 76.3 million shares, acc...
No love for the middle: CPHI Milan exposes India’s pharma scaling challengeIndian pharma and chemical companies at CPHI Milan say the China+1 opportunity is real, but a “missing middle” in the MSME ecosystem, marke...
Telecom stocks under fire, sink up to 13% as Elon Musk’s Starlink buys spectrum from Grain ManagementSpaceX’s move to acquire low-band spectrum licences has intensified concerns about disruption in the US telecom industry, sending shares of...
FII ownership hits 17-year low, but foreign holdings in Indian equities rise 3.6 times to $783 billion: ReportForeign investor ownership in Indian equities has fallen to a 17-year low of 15.1%, but the absolute value of holdings has risen to around ...
JSW Energy, Gemstar & Actis vie for Polaris smart meteringAs Polaris Smart Metering progresses to the next phase of its sale, several shortlisted bidders, such as Actis, JSW Energy, and Gemstar Inf...
- Roche calls for global healthcare overhaul to tackle disease burden
Roche highlights the urgent need for a transformation in global healthcare to effectively tackle chronic diseases. Jorg Rupp pointed out th...
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
India's services demand outlook positive for Q3FY27, margin concerns persist: RBIIndia's services sector is expected to maintain a positive demand outlook in Q3FY27, although business optimism has moderated compared with...
Tessolve raises $75 million from US-based Vector Line CapitalVector Line, a strategic investment company that invests exclusively in semiconductors and the chip supply chain, joins existing investors ...
INWIT investors line up financing for possible take-private, sources sayShareholders of INWIT are reportedly arranging financing for a potential take-private bid amid ongoing disputes. The investors involved inc...
BSNL geared up for 5G expansion as 4G network delivers desired results, says senior officialBharat Sanchar Nigam Limited is advancing towards the rollout of its indigenous 5G services across India. The telecom company is also expan...
Tension spikes in West Asia as Saudi coalition threatens retaliation after deadly Houthi strike on Riyadh airportAfter a Houthi strike on King Khalid International Airport in Riyadh resulted in 12 fatalities and over 300 injuries, the Saudi-led coaliti...
Meet Gunnar Lovelace, who faced rejection from 50 venture capital firms, kept building Thrive Market, raised over $160 millionLovelace and Green faced doubts about whether they could compete in the grocery industry. Lovelace had earlier said that investors question...
US announces effort to disrupt hacking infrastructure run by China's Integrity Tech GroupUS officials say they are seizing seven internet domains in a new effort to disrupt hackers working with Chinese IT firm Integrity Technolo...
Suspect behind South Korea bank hacks may be 26-year-old in China, CrowdStrike saysThe suspect behind recent cyberattacks targeting South Korea's financial sector may be a 26-year-old based in China's Guangdong province, U...
Piyush Goyal woos top US companies for investmentCommerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included represe...
Dorf Ketal arm plans ₹30,000 crore hyperscale data centre park in MaharashtraTrentar Private Limited intends to invest ₹30,000 crore for a 500 MW green data centre park in Maharashtra. The company is assessing land o...
AM Intelligence plans $20 billion additional investment in 15 months, orders 20k more Nvidia GPUsThe company announced that it has placed two further firm and binding orders for 20,000 NVIDIA Rubin GPUs for deployment of the systems acr...
India's infrastructure challenge shifts from raising capital to making projects investable: DeloitteIndia's infrastructure challenge has evolved from capital raising to the need for investable projects. A significant proportion of responde...
AI infra firm Accelevation, shareholders raise $540 million in US IPOAccelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastruc...