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Sequoia’s Surge unveils new cohort of 15 start-ups, one-third are female founders

Sequoia’s Surge unveils new cohort of 15 start-ups, one-third are female founders

Aug 22, 2022

Sequoia Capital’s rapid scale-up programme Surge has announced its seventh cohort of Indian and Southeast Asian startups. Nearly half the companies are in the pre-launch stage.

Former NSE chief Chitra Ramkrishna

Project Apostle: The EY probe that nailed Chitra's Yogi

Feb 27, 2022

The Project Apostle summary provides some answers to the two key questions that the NSE had tasked EY to find answers for.

Six dead, 20 hospitalised after gas leak at a company in Surat

Jan 06, 2022

The gas leakage happened at a company in Sachin GIDC area of Surat early morning today.

On average, 86 per cent of Delhi-NCR families have someone experiencing one or more ailments due to polluted air.

Hospital visits double in a week due to air pollution in Delhi-NCR: Survey

Nov 16, 2021

Four in five families had someone experiencing pollution-related ailments, and 22 per cent of families had someone who had already visited a doctor due to air pollution, which increased to 44 per cent in November second week.

A European Commission statement said the deal kept the targets of the 2015 Paris climate agreement alive, "giving us a chance of limiting global warming to 1.5 degrees Celsius".

Greta Thunberg dismisses COP26 deal as 'blah, blah, blah'

Nov 15, 2021

Guterres acknowledged the shortcomings of the agreement, in a statement following the deal reached on Saturday evening at the Glasgow conference.

The central bank also injected another 10 billion yuan worth of seven-day reverse repurchase agreements into the banking system on the day, compared with 100 billion yuan worth of such notes due on Monday.

China's central bank injects 1 tn yuan via medium-term loans into the financial system

Nov 15, 2021

The People's Bank of China (PBOC) said it was keeping the rate on 1 trillion yuan ($156.77 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions steady at 2.95% from previous operations.

'Spare me your sympathy': What Ex PM Narasimha Rao said after the Babri mosque demolition

Nov 15, 2021

This anecdote finds mention in senior Congress leader Salman Khurshid's new book "Sunrise over Ayodhya: Nationhood in Our Times"

Prime Minister Narendra Modi

PM Modi to visit MP; to inaugurate Rani Kamlapati Railway Station, launch ration scheme

Nov 15, 2021

PM Modi will inaugurate the newly redeveloped Rani Kamlapati Railway Station, earlier known as Habibganj railway station. The PM will further participate in a roadshow from Jamboree ground to the railway station.

The highly contagious disease, which can lead to disability and death, is preventable with vaccines. Before the pandemic, the world saw an uptick in cases.

Highest spike in children missing measles vaccine in 20 yrs: WHO 

Nov 12, 2021

Only 70 per cent of children received second doses of the vaccine, whereas the goal is to hit 95 per cent to prevent the spread of measles. In 2020, 23 countries postponed measles vaccination campaigns because of the COVID-19 pandemic.

LIC Chairman MR Kumar says there should be no GST on annual insurance premiums. Photo: Reuters

18% GST on insurance premium too high: LIC Chairman

Nov 10, 2021

In an exclusive interview, the Life Insurance Corporation of India (LIC) chairman, M.R. Kumar said, "Personally, I believe that 18 per cent GST levy on life insurance premiums is too high. The reason is that insurance in India is still sold and not bought. It is an absolute necessity for people to have insurance and that is what we work for."

Despite the digitisation of payments in the last few years, the cash levels are at a record high level. Photo: Reuters

5 reasons why cash is back in the economy after 5 years of demonetisation

Nov 08, 2021

Two years prior to demonetisation, the currency, as well as the nominal growth in the economy, was in the range of 10-12 per cent. But in the last two years, currency in circulation has grown by 14-16 per cent whereas the nominal GDP growth has been lower.

RP-Sanjiv Goenka (RPSG) Group Chairman Sanjiv Goenka

RPSG Group’s Rs 7,090-cr bid for Lucknow IPL team will prove to be a ‘good buy’: Sanjiv Goenka

Oct 25, 2021

RP-Sanjiv Goenka (RPSG) Group Chairman Sanjiv Goenka says based on his company’s calculations, the amount payable to BCCI is close to half of Rs 7,000 crores over 10 years.

According to the RBI's new guidelines, the regulatory structure will have four layers based on their size, activity, and perceived riskiness. Photo: Reuters

RBI introduces new NBFC regulatory framework to avoid debacles like IL&FS, Dewan Housing and SREI Group

Oct 22, 2021

The RBI's new supervisory framework is the result of the failure of a few large NBFCs. The NBFC sector poses a big threat to the stability of the financial system as it has strong linkages with banks, debt and equity markets, insurance and the mutual fund industry.

Swan Energy MD Nikhil Merchant (left) with former Gujarat CM Vijay Rupani. Photo: Twitter

Exclusive: Industrialist Nikhil Merchant leads race for acquiring Reliance Naval

Oct 21, 2021

Low-profile Gujarat businessman wants to add Pipavav shipyard facility to his adjacent LNG port.

Launched in 2016, Tata CLiQ Luxury offers 400+ premium and luxury brands across a range of categories.-16:9

60% of our revenues are now coming from non-metro markets: Tata CLiQ

Oct 20, 2021

In this exclusive interaction, Gitanjali Saxena, Business Head - Global Luxury at Tata Cliq speaks about the impact of the pandemic on the luxury market, and new trends in luxury shopping.

The RBI has come out with new auditing rules starting with the current year. There was actually a lot of opposition in the market, but the RBI refused to budge. Photo: Reuters

What are the implications of RBI's action against Haribhakti & Company

Oct 12, 2021

The RBI's action against Haribhakti & Company is only against the audit assignment of entities regulated by the RBI. The auditing firm is free to do audit assignments outside the RBI's regulated space.

The total debt exposure of the two SREI group firms is over Rs 36,000 crore

RBI supersedes 2 SREI group firms; will it be a successful resolution like DHFL?

Oct 04, 2021

Unlike DHFL, which has homeloan borrowers, branches, and good geographical presence, SREI group firms are into infrastructure, which is very different. Investors will look for revenue-generating assets to get invest in it

Zee MD and CEO Punit Goenka

The Zee saga takes a fresh twist with Invesco's NCLT move

Sep 29, 2021

There is time till 2 October for Zee to call for an extraordinary general meeting. Analysts tracking the sector think Invesco probably did not believe Zee would have called for an EGM

Industry estimates point towards Chyawanprash being a Rs 700-800 crore market, with Dabur having at least a 50 per cent market share. Photo: Reuters

Marico taps into immunity goldmine with foray into Chyawanprash

Sep 28, 2021

Once again, it promises to be a Marico-Dabur slugfest. Given the track record, it is but natural for the market leader, Dabur to turn on the heat be it through communication or even at the trade level

Falling interest rates on fixed deposits following rate cuts by the RBI have also mobilised retail investors towards the equity market. Photo: Reuters

Aided by tech, small-town India pours into stocks in new order

Sep 27, 2021

Participation of individual investors is also on the rise. From a share of 33 per cent in the total trading volume in FY 2015-16, it has increased to 44 per cent till August 2021, says the NSE's Market Pulse September 2021 report

The recommendations of mutual funds advisory committee have been suitably incorporated in the revised risk management framework (RMF), it added.

Sebi issues revised risk management framework for MFs

Sep 27, 2021

The review was necessitated against the backdrop of significant developments in the mutual fund industry and in the financial markets as a whole, including in the area of product innovation, investment in newer asset classes