Indian startups saw over $5 billion in exits through secondary transactions, IPOs, and block deals in 2024. This trend is expected to accelerate in 2025 with a projected doubling of IPOs. Secondary deals are providing liquidity for existing investors and…
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India’s market regulator, SEBI, suspended trading in Bharat Global Developers Ltd (BGDL) for alleged financial misrepresentation and market manipulation. An investigation revealed inflated share prices, false disclosures, and unusual trading activity. Key figures and preferential allottees are barred from market…
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A Quickbase report reveals that 90% of manufacturers face production challenges due to labour shortages, with 41% struggling to transfer knowledge from experienced workers. While 49% plan to adopt automation, only 39% currently use it. With 1.9 million manufacturing jobs…
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Economists predict slower real GDP growth in the second half of FY25, ranging from 6.4% to 6.6%, compared to RBI’s 7% projection. High-frequency data reveals mixed indicators for consumption and investment sectors. Weaker exports, consumption spending, and construction activity contribute…
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Google is reducing 10% of its managerial roles, including directors and vice presidents. The move aligns with CEO Sundar Pichai’s vision of streamlining operations and staying competitive. Recent cost-cutting efforts have also included layoffs in core technical teams and overseas…
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Indian Railways has fully transitioned to accrual-based accounting for the 2023-24 fiscal year. This shift, supported by the ICAI, enhances transparency, facilitates access to green financing and aligns with international accounting standards. The move also marks a significant step towards…
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