Navy chief Admiral Dinesh K Tripathi emphasizes that India’s semiconductor policy is crucial for the economy and defence manufacturing. He urges private sector involvement and notes the Ministry of Defence’s significant allocation for the Innovation for Defence Excellence (iDEX) scheme…
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India, the world’s third largest oil consumer, purchased crude oil worth 49 billion euros from Russia in the third year of Ukraine’s invasion. With Russian oil available at a discount due to sanctions, India’s imports soared to 40% of its…
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Highlighting that the growth of the technological sector was expected to increase USD 300-350 within the next five years, he said that with over 1.25 lakh startups and 110 unicorns, India has emerged as the third-largest startup ecosystem globally.
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India’s Tata Capital announced on Tuesday that it has approved plans for an initial public offering (IPO), which will involve the company issuing 230 million new shares. Existing shareholders will exit through the offer for sale route.
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The Enforcement Directorate has frozen over Rs 2 crore in bank deposits after conducting multi-state searches on an individual accused of converting approximately Rs 600 crore worth of cryptocurrency through various Indian exchanges. The accused, Chirag Tomar, had previously been…
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Overseas PE and venture capital funds, which are headquartered in New York, London and other leading financial centres, typically pool their money or form investment vehicles, as well as set up fund management entities in tax friendly jurisdictions like Singapore…
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