JioBlackRock Mutual Fund has secured SEBI’s approval to launch the JioBlackRock Flexi Cap Fund, an open-ended equity scheme investing across market caps. Aiming for long-term capital appreciation, it will benchmark against the Nifty 500 Index (TRI), managed by Tanvi Kacheria…
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ET reported on August 1 that the company is expecting to report a profit before interest, taxes, depreciation and amortisation in its fiscal 2025 results, and is eyeing funding of $100 million.
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India’s digital economy faces increasing ransomware threats, particularly targeting IT, BFSI, and manufacturing sectors. Groups like Qilin, RansomHub, and Medusa are exploiting vulnerabilities, viewing Indian firms as high-value targets. APAC region sees attacks timed around instability, while globally, ransomware incidents…
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Disney anticipates a reduced loss of $200 million from its JioStar venture with Reliance. The initial projection was $300 million. International TV networks faced impact due to the Star India deal. Revenue and operating income saw declines. However, Disney’s direct-to-consumer…
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Pine Labs has appointed Sameer Kamath as its new CFO to lead global finance strategy, accounting, and investor relations. The company has filed its DRHP with SEBI to raise Rs. 2,600 crore, with exits planned by Peak XV, PayPal, and…
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Indian apparel exporters are worried about new US tariffs. The Trump administration is doubling tariffs on Indian goods to 50 percent. Apparel Export Promotion Council fears this will devastate small businesses. They are seeking government support to offset the impact.…
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