This follows the entities filing a settlement application proposing to resolve the enforcement proceedings against them through a settlement order.
Slice Small Finance Bank has raised about $100 million (Rs 950 crore) from global and domestic investors at a valuation of $450-470 million (Rs 4,275-4,465 crore), marking its first institutional fundraise as a bank and a steep cut from its previous valuation
Ashok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research and healthcare ventures
At 12.45 pm on a Monday, the working day came to a halt for around 20 Green SM Limo drivers in Noida. Their turquoise electric cars were lined up at the company s charging facility in the basement parking area of Urbtech Trade Centre in Sector 132 when the pow
WestBridge Capital has sold PhysicsWallah shares worth Rs 120-130 crore since the six-month lock-in for pre-IPO investors expired in May, while continuing to hold about Rs 2,200-2,300 crore worth of disclosed stock, taking the value of its realised proceeds an
The year was 2007. Gauri Devidayal, a tax consultant with PricewaterhouseCoopers, and Jay Yousuf, who ran a telecom business in San Francisco, crossed paths
Electric motorcycle maker Ultraviolette is in talks to raise $45-50 million from existing investors including Speciale Invest and TDK Ventures as part of its ongoing round, people aware of the developments told ET.The company had raised $45 million from Zoho C
We are back with the 12th edition of The Economic Times Startup Awards. As we approach the main event, here are the nominees in one of the eight categories: Midas Touch.The award will recognise the most lucrative exit in the year
Listen to this article in summarized format Train station to rocket propellants, a Nagpur firm s INR21k-cr journey Are patients paying the price for India s PE-led healthcare boom? Power shift, a d j vu: Air India could be new CEO s toughest flight yet The Nif
Online platforms now offer retail investors access to corporate bonds. These securities provide mid-teen yields with low minimum investments
The Competition Commission of India has approved Tata Steel s acquisition of an additional 23% stake in TM International Logistics from IQ Martrade. The transaction will raise Tata Steel s holding to 74%, making it the majority shareholder, while NYK Europe wi
Atomberg Technologies has received shareholder approval to raise up to Rs 450 crore through a fresh issue of shares in its proposed initial public offering (IPO), and undertake a pre-IPO placement of up to Rs 90 crore, regulatory filings showed.ET reported on
Andrew Garfield wants audiences to look up from their phones and remember that there is still plenty of magic in the world around them. For Garfield, the story s themes of nature, imagination and community feel especially timely as technology increasingly shap
Six food companies have corrected misleading labels and trademarks after FSSAI notices. Livyor Ventures Pvt Ltd withdrew its 'vegan and healthy' claims on edamame beans
Thrive Capital s 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI, SpaceX and Anduril Industries Inc., has grown to be worth more than $3.7 billion as of the end of June.That figure, which is net of fees a
Cognition AI is in early talks with investors for a new funding round that may boost the coding startup s valuation by more than 50% to at least $40 billion, people familiar with the matter said.Prospective investors are circling the company less than three mo
Jio Financial Services Ltd (JFSL) of the Reliance Industries group and Bank of America Corporation (BofA) have signed a definitive agreement under which BofA will acquire up to a 49.9% stake as a joint venture partner in JFSL s wholly-owned NBFC lending subsid
Astral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd
Accel, an early backer of Flipkart, Swiggy, and Urban Company, has raised $550 million for its ninth India fund, about 15% lesser than its Fund VIII as the venture capital firm looks to continue to focus on investments in deeptech, manufacturing, and AI. It jo
Sony Group and Taiwan s TSMC plan to invest about 1 trillion yen ($6.32 billion) in a joint venture to manufacture next-generation image-sensor chips in Japan. Sony Group and Taiwan's TSMC plan to spend around 1 trillion yen ($6.32 billion) to jointly make nex
The government s fund to spur research and development in deep-tech sectors like AI, space and quantum technology is commendable. Private sector R&D spending has been paltry and the country risks falling behind in the tech race without stable, patient, long-te
Singapore-based Jungle Ventures has increased India s share of its capital deployment to nearly 70% and expects to invest $200-300 million in the country every two years, as it shifts almost all new investments towards artificial intelligence and advanced manu