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INVESTORS FUNDING EXPEDITION
An Illinois attorney convinced investors to put $1.2 million into finding Genghis Khan’s tomb in 2000; expedition found 60 unopened graves and pottery that may predate the ruler, before a Mongolian PM halted the search for sacrilegeMaury Kravitz, an untrained lawyer from Chicago, dedicated years to the quest for Genghis Khan's final resting place. In 1994, he secured p...- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
- Himachal Pradesh to develop ropeways under PPP, EAP modes amid high project costs: CM SukhuHimachal Pradesh plans public-private partnership and externally aided ropeway projects. High construction costs necessitate greater privat...
- View: Leveraging monetary policy for India’s youthQ1 GDP: The release of the latest data coincided with the significant assertion at the SCO meet, of India’s vision of ‘transforming shared ...
- AI code testing platform Blacksmith raises $45 million led by Peak XV, valued at $550 millionBlacksmith’s cofounder and CEO Aditya Jayaprakash, in a blog post, said “Since the start of the year, the number of CI (Continuous Integrat...
- UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materialsBritish startup CuspAI secured four hundred fifty million dollars from investors. This funding will advance its mission to discover new mat...
- India to release product list for faster PN3 FDI approvalsThe amended foreign direct investment (FDI) policy guidelines have allowed proposals for investments from China and other land-border count...
- FDI easing not for Chinese firms; to benefit entities with minority Chinese holdingIndia has eased foreign investment rules. Overseas firms with up to ten percent Chinese shareholding can now invest automatically. Companie...
- IEPFA plans faster payouts for low-value unclaimed shares, dividendsUnder the existing system, the authority then oversees claim settlements and verifications, with the relevant companies playing a key part ...
- Sebi promotes broadened investor participation in infrastructure sector for enhanced liquiditySEBI is looking to attract a wider range of investors, including mutual funds, pension funds, and retail participants, to the infrastructur...
- MCA body aims at faster transfer of unclaimed sharesThe Investor Education and Protection Fund Authority (IEPFA) is set to accelerate the transfer of unclaimed shares and dividends to investo...
- Investor Education and Protection Fund Authority draws plans to expedite investor claim settlementsSecurities, dividends and debentures that remain unclaimed for more than seven years are transferred by companies to the IEPFA under the co...
- Deep-tech startup Praan bags funding from Climate Angels, Aera VC, and othersThe startup, which raised $1.56 million in January, will use the fresh funds to expand the India team, speed up manufacturing, and stabilis...
- DPIIT told to expedite funds for Covid-19 related startup ideasFund of Funds does not directly invest in startups but provides capital to Sebi-registered Alternative Investment Funds (AIFs) known as dau...
- Boodmo raises Rs 10 crore from existing investorThe company is going to introduce a special software for its warehouses to expedite its operations and delivery process
- Marsons in talks with strategic investors to raise fundsThe company added it has an order book in excess of of Rs 175 crore. Shares of Marsons are were trading 2.91 per cent higher at Rs 13.10 on...
- Odisha ponzy scam; SC asks CBI to expedite probe against firmIt was alleged by the investors that there as many as 44 FIRs pending against the group and CBI was not doing the needful.
- Justice Madan M Das to head Chitfund Inquiry CommissionKeeping in view the urgency of appointment of the chairperson of the inquiry commission, the government selected Justice Das for the post.
- Companies expect administrative reforms from Narendra Modi government to reduce book stress, says Barclays"Administrative reforms could be first, which should lead to an improvement in asset utilisations, reducing balance sheet stress," Barclays...
- Companies expect administrative reforms from Modi govt to reduce book stress: BarclaysThe Narendra Modi government may bring in administrative reforms that could help companies to minimise their balance sheet stress, accordin...
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