Investments by private equity and venture capital funds declined by 35 per cent to $4.4 billion in April compared with $6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said.
The series, to commence on June 20, will be played at Headingley in Leeds, Edgbaston in Birmingham, Lord's and The Oval in London, and Old Trafford in Manchester.
With the series nicely poised at 1-1 going into the third Test, the narrative built around both the teams has changed significantly following India's 336-run routing of England at Edgbaston.
India's pace spearhead Jasprit Bumrah is up and running in Beckenham, putting in the hard yards before the upcoming five high-stakes Tests against England, slated to kick off on June 20 at Headingley.
The Supreme Court has directed the wife of a Bengaluru-based engineer, who died by suicide last year, to produce their minor son before the court. The bench hearing the habeas corpus petition filed by the engineer's mother wants to see the child and has asked the wife's lawyer to produce the child through video-conferencing. The court previously denied custody of the child to the grandmother, stating she was "stranger to the child".
Speaking ahead of the first Test from June 25 onwards at Barbados, Joseph said as quoted by Sydney Morning Herald, "To take 13 wickets across the series was a good feeling. A lot has changed. There were a lot of opportunities that came my way."
'I would give the captaincy to Virat for the Test series in England... Shubman Gill can be his VC for the tour.'
President Droupadi Murmu conferred the coveted Padma awards on 68 eminent personalities, including former Chief Justice of India Jagdish Singh Khehar, dancer Shobana Chandrakumar, actor Anant Nag, and Vice Chancellor of King George's Medical University Soniya Nityanand. The awards were given in various disciplines and fields, including art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, and civil service. The Padma Vibhushan was awarded to Justice (retd) Khehar for public affairs, while nine individuals received the Padma Bhushan. The Padma Shri was awarded to leading immunologist and KGMU VC Nityanand, footballer Inivalappil Mani Vijayan, singer Ashwini Bhide Deshpande, actor Ashok Laxman Saraf, mask maker Reba Kanta Mahanta, and musician Ricky Gyan Kej, among others.
Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.
Former Australia captain Michael Clarke believes India is in "safe hands" and has "enough talent" to trounce England, but it will all come down to how the young-looking squad will leave a mark in the series on a territory known for being "tough".
Pakistan captain Muhammad Rizwan and Babar Azam have been dropped from the T20 squad for the upcoming five-match series in New Zealand.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
West Bengal Governor C V Ananda Bose has appointed the interim VC of another state-run university amid a row over his move to appoint such officials in varsities that have remained headless for months.
Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021." "The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 per cent decline in value terms during 2022," the data and analytics company said.
A court in Sonipat on Tuesday remanded in judicial custody till May 27 Ali Khan Mahmudabad, the head of Ashoka University's political science department who was arrested for his social media posts related to Operation Sindoor, his lawyer said.
'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'
West Bengal Governor CV Ananda Bose skipped the convocation ceremony of Jadavpur University, alleging that the event was organized in violation of several rules and laws. The governor, who is the chancellor of the university, claimed the convocation was "illegal" and "fraught with malpractices." The university administration refuted the allegations, stating that all procedures were followed and the governor's approval was sought. The incident has sparked controversy, with some accusing the governor of acting at the behest of the BJP government and undermining the autonomy of the university.
Rizvi will be representing Delhi Capitals this season.
Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.
Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.
Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.
According to the police, Biswas is a jeweller who allegedly bought the medal.
India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.
Iqbal wrote songs supporting the 'Muslim League' and the 'Pakistan Movement'. He was the first to raise the idea of the partition of India and the establishment of Pakistan, the VS said.
Nathan McSweeney, who opened in the first three Tests with little success, has been dropped.
If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.
Amid the funding winter, 128 Indian startups have raised over $995 million (around Rs 8,000 crore) venture capital funding in August, GlobalData said on Thursday. The funds raised in August are 9.7 per cent more than that in the previous month, the data and analytics company said in a statement. Aurojyoti Bose, Lead Analyst at GlobalData, said: "Although the total VC funding amount still remains below $1 billion akin to July, August managed to reverse the decline in fundraising, despite a 2.3 per cent fall in deal volume."
If Smith is ruled out, then the left-hand batter Travis Head will lead the squad as he is the vice-captain of the side.
Pandit, who was appointed as the JNU VC in February last year, said some people opposed her decision to put the national flag and Prime Minister Narendra Modi's photo on the varsity premises.
The 31-year-old didn't find a place in the squad against England because of Reddy's recent exploits.
Kannur University Vice-Chancellor Gopinath Ravindran on Monday said that he will not tender his resignation as sought by Kerala Governor Arif Mohammad Khan, who had a day earlier sought the resignation of vice chancellors of nine universities in the state.
The ruling DMK in Tamil Nadu has won the Erode East bypoll with a massive margin, defeating actor-politician Seeman's NTK. The victory is seen as a boost for the DMK ahead of next year's Assembly elections. DMK candidate V C Chandhirakumar trounced Naam Tamilar Katchi's (NTK) M K Seethalakshmi by a margin of 91,558 votes, leading to the NTK forfeiting its deposit. Chief Minister and DMK president Stalin attributed the win to the DMK government's good governance, while AIADMK chief Edappadi K Palaniswami termed it a "fake" victory. The bypoll was necessitated due to the death of Congress MLA EVKS Elangovan last year.
IT and ITeS companies accounted for $28.1 billion of the total investment pie during the first nine months of 2021.
Shami last played for India in the 2023 World Cup final in Ahmedabad after which he was sidelined because of an ankle injury which needed surgery.
With regulatory uncertainties clouding the future of online pharmacies, deals in the space are showing signs of slowdown, as also fresh investment from private-equity (PE) firms and venture capitalists (VCs). The data from Venture Intelligence shows so far in 2023 (as of June 13) there has been one deal with PE-VC funding. In 2022 there were four, a sharp fall from the 12, totalling $1,520 million, the sector had attracted in 2021.
The founder of KIIT, Achyuta Samanta, and other top officials of the private engineering college were questioned by a government committee about the alleged suicide of a Nepalese girl in her hostel and the assault on students of her country. The incident sparked outrage in the Odisha Assembly, with opposition members demanding a judicial inquiry. Samanta was questioned for two hours, along with the institute's Vice-Chancellor, Registrar, Dean, and two suspended women officials. The committee is investigating the circumstances surrounding the student's suicide, the alleged high-handedness of the institute's administration, and the decision to suspend specific students and shut down the institute for them. The Odisha government has assured Nepalese students that it will cover their travel expenses, arrange remedial classes, and reschedule their mid-semester examinations if necessary.
With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 - following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co.
Professor Mustafa should take some inspiration from the prime minister and start advocating for a Pasmanda or a woman, preferably from outside UP/Hyderabad, to be appointed vice chancellor of Aligarh Muslim University this time. That should be a fitting tribute to the vision of the prime minister.
Mystery spinner bowls in nets as India prep for three-match ODI series vs England.