CATEGORIES

True North's Pvt Credit Fund Bets on Vehant Tech

Security and surveillance solution provider Vehant Technologies said Tuesday it has raised $9 million (₹77 crore) in a mezzanine round from the private credit fund of homegrown alternative investment firm True North.

Microsoft to Invest $3 Billion in AI, Cloud Expansion in India

CEO Satya Nadella, however, did not give a time frame for the spending

Intas Pharma bags another overseas co

Gujarat-based drug-maker Intas Pharmaceuticals Ltd, which counts private equity firm ChrysCapital, Singapore state investment firm Temasek and Abu Dhabi Investment Authority (ADIA) as its investors, has signed a deal to acquire a biologic medication brand from US-based Coherus Biosciences.

India to Hold Defence Talks With Maldives From Today

Maldivian defence minister Mohammed Ghassan Maumoon will pay a three-day visit to India from Wednesday to deepen bilateral engagement amid a thaw in relations between the two countries.

Indian employers hope for computer tech, semicon edge

Increased digital access, geopolitical tensions and climate-mitigation efforts are the primary trends expected to shape the future of jobs in India by 2030, the World Economic Forum (WEF) said in a report.

10% rise in capex allocation likely for roads, rlys in FY26

Big private investment is likely in BOT roads; railways to continue work on existing projects

Govt plans many onion stocking centres

The plan being discussed with the ministry of agriculture comes amid a steady dip in the production of onion

HMPV may be more common than reported in the country

Scientists say there could be more Human Metapneumovirus (HMPV) cases in India than officially acknowledged because the virus is not new and was never notified by the government for reporting by hospitals and the health community.

This Could Be The Best Core Exercise You've Never Done

A modification of the Zercher squat, the 'ab squat' is a dynamic workout that completely engages your core

Now, tech tools to test cortisol, soothe anxiety

A range of tech tools for mental health will be showcased at CES '25 in Vegas

For a balanced life, take the heroine's journey

Living a life not attuned to nature's cycles can affect the body and cause digestive issues as well as mental stress

Welfare programmes impact the retail prices relevant to people

India must update its inflation metrics to reflect actual consumption expenditure patterns for superior policy formulation

AIF industry: At risk of death by a thousand circulars

Alternative investment funds generate value but have been dealt a harsh blow by over-regulation

Expect Trump's crackdown on immigration to be disruptive

He is far better placed to act swiftly and harshly this time around

3 mins |

Tweaked for flexibility, NPS awaits tax clarity

This funded pension scheme now offers access to low-cost fund management with its option of staggered withdrawals of what was once a lump-sum. Good. Let's keep its taxation benign

Ten big GenAI developments we saw within the span of a month

Its evolution didn't even pause for a year-end break as the AI wave began turning into a tsunami

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Rupee depreciation is inevitable but its volatility is not

RBI should restrain its active forex management while the Centre aims to attract more dollars

Simplifying Taxes: Key Challenges for Budget 2025

The focus is on how the Centre overhauls the new tax regime to attract more taxpayers

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Wartime risk takers shield $830 mn daily trade amid threats

Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world's most dangerous waters.

NRI tax mismatch: What's your next step?

In FY24, I, an NRI, earned capital gains on mutual funds (switch in and switch out), which I didn't report in my return.

Competitiveness Is The Key To Our Future

Uday Kotak on protectionism, Donald Trump, private capex, Indian fintechs, scams and scandals

7 mins |

Hidden costs of buying property: Taxes and fees you just can't avoid

The true cost of homeownership goes beyond the price tag, with taxes, cess and legal fees adding to the expense

Mercedes Names New India CFO

German luxury carmaker Mercedes-Benz on Monday said Emrah Ozer has been appointed as its chief financial officer (CFO) for its Indian operations as part of an organisational change in its finance and controlling function effective since 1 January 2025.

SGL32 Issues NCDs to Raise ₹2,450 Cr

Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing ₹2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project.

SpaDeX docking delayed by 2 days

India postponed by a couple of days on Monday a highly-anticipated space docking experiment that would see it become the fourth country in the world to achieve a feat essential for expanding future deep space exploratory missions.

Brahmaputra dam will not impact water flows to India: China

China on Monday reiterated its plan to build the world's biggest dam over the river Brahmaputra in Tibet near the Indian border, saying the planned project has gone through rigorous scientific verification and will not have any negative impact on downstream countries—India and Bangladesh.

Titan expects 24% rise in Q3 revenue

Titan Co. said on Monday it estimated a 24% rise in third-quarter revenue, buoyed by domestic festival demand for jewellery.

'Pernod colluded with state retailers'

Indian antitrust investigators raided Pernod Ricard's office in December after finding the French liquor giant colluded with a state's retailers to promote its whisky brand and ignore a rival's, according to a government document seen by Reuters.

Akzo Nobel aims to sell R&D operations

The sale is to be made to a separate indirect wholly-owned arm, Akzo Nobel NV.