Sammaan Capital said it would be issuing shares and warrants worth ₹8,850 crore to IHC, on a preferential basis. Abu Dhabi’s global investment company, IHC, said it has entered into an agreement to invest $1 billion (₹8,850 crore) in Sammaan Capital, for a 41.2 per cent stake, marking its entry into the financial services sector
Abu Dhabi’s IHC to invest $1 bn in Sammaan Capital Read More »
Funded Tech start-ups and GCCs showed positive signs with a 13 per cent increase (17,000) and 2 per cent increase (11,000) respectively. GCCs now account for around 10 per cent of the total tech talent demand | Photo Credit: Talent demand in India’s tech sector continues to see a slowdown, with active job opening projections in
Tech hiring slowdown continues with job openings down 27% y-o-y, says report Read More »
Robert Stal, President, Kanthal Global resistance materials producer Kanthal has inaugurated a new wire manufacturing facility in its existing Hosur plant in India. The new 1,980 sq m expansion will help Kanthal more than triple its production capacity at the Hosur plant, and will cater to the growing domestic market for industrial heating and resistance
Synopsis Former RAW chief Vikram Sood criticised Pakistan, calling it a banana republic and its Army Chief a Jihadi General. Sood also commented on the Asia Cup trophy incident. He highlighted the Balochistan movement, now involving the middle class. Sood suggested Pakistan might seek US protection by showcasing rare earth minerals. ANI Ex-RAW chief Vikram
Ex-RAW chief calls Pak’s Munir a jihadi Read More »
Synopsis SEBI’s Investor Survey 2025, conducted with AMFI, NSE, BSE, NSDL, and CDSL, reveals a stark gap in India’s investment landscape. While 63% of households—around 213 million—are aware of at least one securities market product, only 9.5%, or about 32.1 million households, actively participate, highlighting the need for greater financial literacy, simpler investment platforms, and
Only 9.5% of Indian households invest despite 63% market awareness: Sebi survey Read More »
Online fast-fashion retailer Shein will open its first permanent stores in France in November under an agreement with department store owner Societe des Grands Magasins (SGM), a move that sparked criticism from French retailers. The “shop-in-shops” in the BHV department store in central Paris and Galeries Lafayette department stores in five provincial cities, mark a
Shein plans stores in France, sparking backlash Read More »
The depression over the Bay of Bengal has intensified into a deep depression and lay 250 km east of Visakhapatnam on Thursday. The deep depression over west central and adjoining Bay of Bengal moved north-northwestwards with a speed of 17 kmph and lay centred over the same region by 5:30 am today near latitude 17.7
Deep depression forms over Bay of Bengal Read More »
Synopsis The Electronics Component Manufacturing Scheme has attracted investment. Union Minister Ashwini Vaishnaw announced proposals worth Rs 1.15 lakh crore. This amount exceeds initial targets for investment and employment. The scheme aimed for Rs 59,000 crore investment. It also promises 1.41 lakh jobs, surpassing the 91,600 target. The application window for capital equipment remains open.
Electronics Component Scheme draws Rs 1.15L cr Read More »
Ashwini Vaishnaw, Union Minister for Railways, Communication and Electronics and Information Technology | Photo Credit: SUSHIL KUMAR VERMA The Union Cabinet on Wednesday approved opening of 57 new Kendriya Vidyalayas (KVs) which would benefit over 86,000 students, Union minister Ashwini Vaishnaw said. Out of the 57 new KVs, seven will be sponsored by the Union
Cabinet nod to 57 new Kendriya Vidyalayas Read More »
TVK Chief and actor Vijay has releases a video statement on the Karur Stampede Tragedy, on Tuesday | Photo Credit: ANI Post the Karur stampede in his rally that left 41 persons dead, actor and party chief Vijay’s similar events planned over the next two weeks are being “temporarily postponed,” his party Tamilaga Vettri Kazhagam