New Delhi, Oct. 19 -- India's banking sector has made significant progress in improving asset quality, with gross non-performing assets (NPAs) at a decadal low. However, the stressed-asset market (whi... Read More
New Delhi, Oct. 19 -- Defence technology company Zen Technologies Ltd has approved the acquisition of a 51.98% stake in Cogknit Semantics Pvt. Ltd for up to Rs 135.15 crore ($14.2 million) in cash, ex... Read More
New Delhi, Oct. 19 -- The Pant Project, a direct-to-consumer fashion brand that sells custom-made pants, has raised Rs 109 crore (around $11.5 million) in a Series B funding round led by Mirae Asset V... Read More
New Delhi, Oct. 16 -- Healthcare-focussed private equity firm OrbiMed has exceeded the amount targeted for its sixth Asia-centred vehicle after rolling out the vehicle last year. OrbiMed, which has b... Read More
New Delhi, Oct. 16 -- RapidCanvas, an enterprise artificial intelligence (AI) company, has raised $29 million (Rs 275 crore) in a Series B funding round led by Singapore-headquartered early-stage vent... Read More
New Delhi, Oct. 16 -- Mankind Pharma has entered the cell- and gene-therapy segment to treat cancer by acquiring a European biotech company that has developed therapies for treating certain lymphomas ... Read More
New Delhi, Oct. 15 -- The Securities and Exchange Board of India is likely to pause the closing auction session (CAS) rollout in equity derivatives for a year, and retain the previous volume weighted ... Read More
New Delhi, Oct. 15 -- Shamrock AI, an enterprise AI company, has raised $5 million (around Rs 48 crore) in seed funding led by Endiya Partners in its first institutional round. Capria Ventures also p... Read More
New Delhi, Oct. 15 -- Shamrock AI, an enterprise AI company, has raised $5 million (around Rs 48 crore) in seed funding led by Endiya Partners in its first institutional round. Capria Ventures also p... Read More
New Delhi, Oct. 15 -- Scimplify, a specialty chemical manufacturing startup backed by venture capital firms Accel and Bertelsmann India Investments, has raised $25 million (about Rs 238 crore) in a fu... Read More