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Business

Ambani-Backed EV Manufacturer Targets $85 Million Funding, Aims for $359 Million Valuation

Nidhi Mishra -
Aiming to accelerate its ambitious plans in the electric vehicle (EV) industry, an EV manufacturer backed by Indian business magnate Mukesh Ambani is seeking...
Bank

Promoter of Gravita India Offloads 4.6% Stake for INR 181 Crore through Open Market

Nidhi Mishra -
In a strategic move to unlock value and streamline its investment portfolio, the promoter of Gravita India, a leading recycling solutions provider, has successfully...
Bank

Laundry Mate, Co-founded by Big Basket’s Abhinay Choudhari, Secures $6.25 Million in Funding

Nidhi Mishra -
LaundryMate, the on-demand laundry services startup co-founded by Abhinay Choudhari, one of the co-founders of online grocery platform BigBasket, has successfully raised $6.25 million...
Bank

ONGC Unveils Ambitious Plan to Invest Rs 1 Trillion in Energy Transition by 2030

Nidhi Mishra -
Oil and Natural Gas Corporation (ONGC), India's leading oil and gas exploration and production company, has announced a visionary plan to invest up to...
Business

Investment from Mauritius, Singapore in Start-ups Will Attract Angel Tax

Nidhi Mishra -
Start-ups in India receiving investment from Mauritius and Singapore will now come under the purview of angel tax, as per the latest tax regulations....
Bank

Investment in Start-ups from 21 Nations Will Be Exempt from Angel Tax, Says CBDT

Nidhi Mishra -
In a major boost to the start-up ecosystem, the Central Board of Direct Taxes (CBDT) has announced that investments in start-ups from 21 nations...
Bank

SoftBank Sets Sights on Five Indian Start-ups, Potential Investments of Up to $100 Million Each

Nidhi Mishra -
SoftBank, the renowned Japanese conglomerate and venture capital firm, is actively exploring investment opportunities in five Indian start-ups, with potential funding of up to...
Business

India Positioned for World-Beating Growth, Asserts CEA V Anantha Nageswaran

Nidhi Mishra -
India, one of the world's fastest-growing economies, is poised for a remarkable surge in growth, according to Chief Economic Advisor (CEA) V Anantha Nageswaran....
Bank

Oil India Engages in Talks with Tullow Oil for Acquisition of Kenya Block Stake, Says Chairman

Nidhi Mishra -
Oil India, the prominent Indian oil and gas exploration company, has initiated discussions with Tullow Oil, a leading independent oil and gas exploration company,...
Bank

Abu Dhabi Funds, Hinduja Group Consider Investment in Adani Firms’ Share Sale

Nidhi Mishra -
Abu Dhabi's prominent investment funds and the Hinduja Group, a leading conglomerate, are reportedly exploring the possibility of investing in the share sale of...
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