News

iD Fresh Foods raises fresh capital of Rs 507 crores in a Series D round

Updated : Jan 4, 2022

iD Fresh Food raises Rs 507 cr in funding round led by NewQuest, Premji Invest

As part of its global expansion plans, the company plans to extend its presence to Singapore, Malaysia and other markets in the near future.

Bizongo co-founders(L to R), Sachin Agrwal, Ankit Deb and Ankit Tomar

Updated : Dec 20, 2021

B2B e-commerce startup, Bizongo, raises $110 mn; now valued at $600 mn

Founded by three IIT graduates Aniket Deb, Ankit Tomar and Sachin Agrawal, Bizongo is digitizing the massively fragmented B2B segment of made-to-order goods.

Updated : Jan 12, 2021

BT Buzz: How to vaccinate against Bitcoin fever

The Bitcoin prices may have corrected about 25 per cent in last three days. It had shot through the roof over the last few months - from $6000-odd in April to $41,946.74 as on January 8, its all-time high. It hit a day's low of $30,549.60 on Monday

Updated : Jan 5, 2021

BT Buzz: How COVID vaccine development was shrunk from 10 years to just 1

There was immense pressure on governments to develop a vaccine at the earliest due to the destruction COVID-19 pandemic was unleashing. This led to a race among pharma companies to be the first to develop a vaccine

Updated : Jan 5, 2021

BT Buzz: Who will fund India's mega COVID-19 vaccination?

Suffering poor financial health, Central government has not given a concrete answer on who will bear the cost of vaccinating Indians - Centre, states, or the people themselves

Updated : Dec 23, 2020

BT Buzz: Why Honda shelved Civic, CR-V, shuttered oldest factory in India

While the going has generally been tough in India's domestic passenger vehicle industry, even before the pandemic hit the economy, Honda's struggle for growth has predated that

The two new variants have affected Kent and South East England the most

Updated : Dec 22, 2020

Inside the COVID-19 mutant: The 'drift' of a virus

The UK has identified a fast-spreading new variant of coronavirus that is 70% more transmissible than existing strains. A similar mutation was also reported from South Africa and countries like Netherlands and Denmark

Shortage of semiconductors is set to impact India's automobile industry in Q4

Updated : Dec 14, 2020

BT Buzz: A $12 billion puzzle -- why auto industry cannot be Atmanirbhar

India's largest automotive component manufacturer Bosch said a surge in demand for semiconductors from the consumer electronics industry partly due to the rise in 5G connectivity has led to a demand supply gap in the global market

The limit for entire mutual fund industry has been kept at $7 billion by the regulator

Updated : Nov 23, 2020

BT Buzz: SEBI enhances limit for international funds - Should you invest?

After 9 months from the beginning of equity market meltdown, international mutual funds have outperformed most of the domestic diversified funds by a big margin

The government's key argument behind the brobdingnagian task of simplifying the age-old labour laws in the country is to move towards formalisation of the huge informal sector that exists in the country today

Updated : Nov 23, 2020

BT Buzz: Less paper work, 12 working hours a day -- Decoding draft labour rules

As firms in India are expanding their footprint globally, they not only need to be competitive but also win the trust of both local and global customer and this will not be possible without following the best practices

Agarwal's Vedanta currently has a market capitalisation of Rs 42,400 crore

Updated : Nov 19, 2020

BT Buzz: Can BPCL acquisition slingshot Anil Agarwal to Mukesh Ambani's league?

If Agarwal's Vedanta buys BPCL, it will pit him directly against Reliance Industries Chairman Mukesh Ambani in the oil sector

As per Sebi's 2017 asset allocation norms, the multicap schemes had to invest 65 per cent of its total assets in equity and equity-related instruments

Updated : Nov 12, 2020

BT Buzz: Multicap funds turning into flexi-caps; what does it mean for you?

To give true meaning to the multicap category, the Sebi has now regulated the stock allocation across large, mid and smallcap stocks

Updated : Oct 19, 2020

BT Buzz: Mission alloy wheels! The next import substitute from China

Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply

Updated : Oct 15, 2020

BT Buzz: How the LTC cash voucher scheme will work for you?

To boost the consumption and offer an alternative to the employees, the government has come up with special cash package in lieu of the LTC

Updated : Oct 7, 2020

Surprise! Mukesh Ambani didn't bail out Anil in Ericsson case; RCom leased Rs 460 cr assets

"No funds whatsoever were provided by Mukesh Ambani to Anil Ambani in a personal capacity, nor was there any gift," says Anil Ambani's spokesperson

Following the relief measures, the EPFO saw huge withdrawals, while fresh contribution fell at the same time

Updated : Sep 22, 2020

BT Buzz: What you must know about your EPF money

Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July

COVID-19 may have ravaged India's overall economy but it has given a new lease of life to the humble bicycle

Updated : Sep 1, 2020

BT Buzz: 100% growth post-lockdown! How COVID-19 gave a new lease of life to humble bicycles

All major cycle manufacturers in the country like Hero Cycles, TI Cycles, Decathlon and Trek bikes are witnessing a surge in demand on the back of the coronavirus lockdown

Updated : Aug 29, 2020

BT BUZZ: Skrubble, Scylone, Fresho - how Amazon, BigBasket, Grofers push private labels

From Grofers to BigBasket, most of e-commerce grocery platforms have stepped up their private brands offering in a big way

Updated : Aug 14, 2020

BT Buzz: How the Russian Sputnik-V beat the world on coronavirus vaccine

The Western world and the big pharma are upset. They say Russia has not done adequate safety and efficacy studies and the claim is based on testing on less than 100 human volunteers

Updated : Jul 31, 2020

BT Buzz: NEP 2020 -- Quality in public schools, commercialising private ones among key issues ignored

NEP 2020 has got the ball rolling to fix the school education but is innocuously quiet in acknowledging the contribution of the private schools and the failure of the public school system

Updated : Jul 29, 2020

BT Buzz: ESG funds rally up to 46% since March; should you invest?

The global shift towards ESG investment is nudging corporates to adopt sustainable business practices. In fact, more fund houses are planning to launch their own ESG funds