MUMBAI: After a resurgent IPO run in 2024, startups are back to the drawing board, reassessing their listing plans amid choppy markets. Companies are considering reducing the issue size and are resetting their valuation expectations. Some are delaying IPOs and opting for private funding instead. Of the estimated 20 new-age companies planning IPOs this year, […]
Private equity investors PI Opportunities Fund-I Scheme-II, Claypond Capital Partners, and 360 ONE Private Equity Fund have submitted a combination notice to the Competition Commission of India (CCI) seeking approval for their proposed acquisition of a stake in Akasa Air. The investment aims to strengthen the airline’s financial position and support its expansion in both […]
As per the World Gold Council’s report from January 2023, India stands as the world’s second-largest consumer of gold, highlighting its deep cultural significance. Gold in India is far more than just an asset, it serves as a trusted source of immediate liquidity. When cash is urgently needed, selling gold isn’t the only option. […]
Higher allocations of funds for research and development (R & D) of climate resilient seeds have better impact than providing subsidies or other incentives in agriculture, according to Ramakrishnan M, Managing Director of global management consultant firm Primus Partners India. “What studies have shown is that spending on R and D has a maximum impact […]
Loud protests have resonated against the Centre, especially from the southern States, about being ignored in the Union Budget. But in reality, a first-time Budget document shows that a significant amount of allocations remains unspent. Officers say this could be on account of a number of reasons including slow pace of implementation and carry forward […]
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds. The report also projects that the government’s debt will decline to 50-51 per cent by March 2031 if […]
IIT-Bombay-incubated ART-PV India, which has patents for high efficiency solar cells, is putting up a fabrication facility for manufacturing commercial tandem solar cells in IIT-Bombay, with an investment of $10 million. The funds for the project are coming from various sources, including the Ministry of New and Renewable Energy, via IIT-Bombay. Art-PV has developed a […]
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs. In 2016 also, the government had launched a similar scheme, with […]
Ahead of Union budget, the $800 billion mutual funds industry has urged the government to introduce a more favourable dispensation of taxation for debt mutual funds in India. This is a must if investors have to make right asset allocation and a proper retirement security is to be created for the 1.4 billion people, Navneet […]
Data from the India Bullion and Jewellers Association (IBJA) showed 24-carat gold closed at Rs 80,194 per 10 gms. (AI image) Gold prices surpassed Rs 80,000/10 gm for the first time on Wednesday, according to data from a leading industry organisation, reflecting increased safe-haven demand from investors concerned about potential market volatility following an anticipated […]
