Japan’s MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG’s initiative aims to…
Read More
Indian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer spending. Higher input costs will impact corporate profits. Small and medium enterprises face significant pressure. Lenders are becoming…
Read More
The Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and assets. This follows a report highlighting inconsistent application that cost the government revenue. These rules help tax…
Read More
IT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisition will increase Wipro’s total shareholding in Aggne Global to 80%. The transaction is expected to be…
Read More
The Latin American nation, aiming to be South America’s Silicon Valley, also seeks Indian talent for its digital industry and sees itself as a gateway to the Pacific region for India.
Read More
Real estate major M3M is eyeing Rs 28,000 crore in sales by the end of FY27, up from Rs 19,000 to Rs 20,000 crore clocked annually over the last three years, said Yateesh Waahal, Director Finance and Legal at M3M…
Read More