Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.
Treesa Jolly and Gayatri Gopichand entered the quarter-finals of the Swiss Open Badminton Championship with a straight-game victory over Germany's Amelie Lehmann and Selin Hubsch.
A special cabinet meeting in Karnataka convened to discuss the contentious Social and Educational Survey report, popularly known as 'caste census', ended without a decision. The cabinet will reconvene on May 2 to discuss the report further and make a final decision.
Sudirman Cup: India bow out after defeat against Indonesia
Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the year (H1FY25), others succeeded by limiting the downside during the market downturn.
Raised by his mother Karen-Anne, Corbin and his younger brother Eathan, who also plays for South Africa, pursued cricket in honour of their late father's legacy.
The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26).
As the US gets tougher with visas, the prayers of US-bound devotees in India are getting more fervent, and their purse strings looser. Called Visa Hanuman temples (there are half a dozen all over India), some of them ask for a 'fee'.
Virat Kohli may have stepped away from Test cricket, but he leaves behind a faster, leaner, hungrier Indian team.
'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'
Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.
'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'
A bird flu outbreak caused by the H5N1 strain has been reported in Bokaro, Jharkhand, leading to the death of around 250 birds at a government poultry farm. The outbreak was confirmed on March 7, prompting authorities to cull 46 birds and destroy 506 eggs at the farm. A 1-km radius has been declared an affected zone, where birds will be culled, and a 10-km radius has been designated as a surveillance zone, prohibiting the sale and purchase of poultry. This outbreak comes roughly a month after a similar incident in Ranchi, where 5,500 birds were culled.
Double Olympic medallist P V Sindhu made a winning start to the Badminton Asia Championships with a straight-game win over Ester Nurumi Wardoyo of Indonesia in the women's singles while Lakshya Sen made an early exit from the men's singles draw in Ningbo, China, on Wednesday.
Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
Karnataka Chief Minister Siddaramaiah lost his temper and made a gesture by raising his hand at a police officer during a protest rally in Belagavi. The incident occurred when a group of people, allegedly BJP workers, attempted to disrupt his speech by displaying a black flag and shouting slogans. Siddaramaiah, visibly upset, summoned the police officer to the stage and instructed him to remove the disruptive individuals. The incident sparked a heated exchange between the CM and BJP leaders, with both sides accusing each other of disrupting rallies and resorting to violence.
Researchers have detected hints of molecules known to be produced by marine organisms on the exoplanet K2-18 b, providing "the strongest evidence yet" of life outside the Solar System. While the discovery is exciting, more data is needed to confirm whether the molecules are indeed produced by life or through other chemical processes. The exoplanet, over 8.5 times as massive as Earth, lies 120 light-years from Earth and orbits the star 'K2-18'.
One woman has died, and several others have sustained injuries after an over-speeding four-wheeler rammed into two-wheelers on March 14 in Gujarat's Vadodara. Speaking to ANI, Vikas Kewalani, a victim of the car accident, demanded strict action against the accused, stating that they would realise their mistakes only when strict punishment is enforced.
United States, the largest market for the $282 billion Indian IT sector, is a "wild card" for the industry, lobby grouping Nasssom's president Rajesh Nambiar said on Monday. Speaking to reporters Nambiar said the tariff threats by the US may turn out to be the biggest headwind for the sector. "Broadly, if you were to look at the headwinds, the biggest unknown there would be the tariffs and the impact of what happens in the US market," Nambiar said.
Manisha Bhanwala clinched India's first gold medal at the Asian Championships since 2021 edition with a close 8-7 win over Korea's Ok J Kim.
Bank unions on Friday deferred their two-day nationwide strike beginning Monday after they received positive assurance from both the finance ministry and the IBA on their demands, including a five-day work week and adequate recruitment in all cadres. The strike call for March 24 and 25 was given by United Forum of Bank Unions (UFBU), an umbrella organisation of nine bank employees' association.
After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.
The US has received a sufficient number of petitions needed to reach a cap for the much-sought-after H-1B foreign work visas for the fiscal year 2024, a federal agency has announced. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.
Rishi Sunak, who seems to be on an extended holiday in India -- we spotted the former UK PM at the Jaipur Lit Fest and at the fourth T20I at the Wankhede late January -- was at Lok Kalyan Marg on Tuesday.
Nearly a dozen firms have shown interest in building the foundation model and LLMs, while others have proposed sector-specific SLMs.
A new report by the Central Pollution Control Board (CPCB) submitted to the National Green Tribunal has said that the water quality during the recently concluded Maha Kumbh in Prayagraj was fit for bathing, despite earlier reports indicating otherwise. The report, based on statistical analysis of water samples collected during the Kumbh, found that the median values for key parameters like pH, dissolved oxygen, biochemical oxygen demand, and fecal coliform count were within permissible limits. However, the report acknowledges significant variability in data due to factors like upstream activities and sampling conditions. The matter is set for hearing on April 7.
French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.
Treesa and Gayatri, seeded fourth, will be the lone Indian challenge left in women's doubles in Basel after Priya Konjengbam-Shruti Mishra and Varshini Viswanath Sri-Arathi Sara Sunil lost their opening-round matches.
According to the paper, Trump is known for his extreme germophobia. Trump has spoken openly about his phobia of germs in the past too.
Prime Minister Narendra Modi inaugurated the Pamban sea bridge, providing rail link between Rameswaram island and the mainland and flagged off the new Rameswaram-Tambaram (Chennai) train service. The bridge is India's first vertical sea-lift bridge, spanning 2.08 kilometers, and includes a 72.5-meter-long vertical lift span that can be raised up to 17 meters, allowing the smooth passage of large ships while ensuring seamless train operations. Built at a cost of over Rs 550 crore, the bridge features stainless steel reinforcement, high-grade paint, and fully welded joints, enhancing durability while reducing maintenance requirements. The bridge is a remarkable blend of tradition and technology.
Indians are the main beneficiaries of the H-1B visas, which bring in the best of the talent and brains from across the world. Highly skilled professionals from India walk away with the overwhelming number of H-1B visas - which is Congressional mandated 65,0000 every year and another 20,000 for those who received higher education from the US.
The Jharkhand government has sounded an alert after bird flu cases were reported at a veterinary college-based poultry farm in Ranchi. The Union Ministry of Fisheries, Animal Husbandry and Dairying has asked the state to take all measures to contain its spread. Around 150 Guinea fowls died over the past 20 days at the farm. The presence of H5N1, a type of avian influenza A virus, was confirmed in samples sent to the ICAR-National Institute of High Security Animal Diseases (NIHSAD) in Bhopal.
The Karnataka government has tabled a Bill in the Legislative Assembly to introduce a 4 per cent reservation for Muslims in public contracts. The Bill aims to address unemployment among backward classes and promote their participation in government construction projects. The BJP has called the move an "unconstitutional misadventure" and vowed to oppose it.
The slowdown in corporate revenue growth over the last one year has begun to reflect in India Inc's capital expenditure, or capex. The country's top listed companies are going slow on fresh investment in capacity expansion, in line with a deceleration in their top line growth. The combined fixed assets of the listed companies, excluding banking, finance services and insurance (BFSI) and the government-owned oil & gas firms, were up 10.1 per cent year-on-year (Y-o-Y) during April-September 2023 (H1FY24) - the slowest in 18 months - as against 21.1 per cent Y-o-Y growth in H2FY23 (October 2022-March 2023) and 11.6 per cent growth in the April-September 2022 period (H1FY23).
Rizvi will be representing Delhi Capitals this season.
The Karnataka Legislative Assembly passed a Bill providing 4% reservation for Muslims in public contracts, sparking protests from the opposition BJP. The Bill, which amends the Karnataka Transparency in Public Procurements (KTPP) Act, aims to increase Muslim participation in government contracts valued up to Rs 2 crore for civil works and Rs 1 crore for goods and services. The BJP criticized the move as unconstitutional and vowed to challenge it in court.
Punjab's Seema Rani broke a national record in powerlifting, lifting 97kg in the women's elite 61kg category at the Khelo India Para Games in New Delhi.
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