Indian startups raised VC funding worth $2.3 billion in Q1 2024, reveals GlobalData
A total of 294 VC deals were announced in India during Q1 2023, while the disclosed funding value of these deals stood at $2.4 billion.
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HDFC’s New Fund Hits the Market-HDFC Manufacturing Fund
HDFC Mutual Fund made headlines on April 22 with the exciting announcement of the HDFC Manufacturing Fund’s launch. This innovative open-ended equity scheme is strategically crafted to unlock the immense potential of India’s dynamic manufacturing sector. It aims to achieve…
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Big six corner most of auditing business in Nifty-500 universe
According to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 assignments out of 1,961. This accounted for approximately 32.48% of the total, up slightly from…
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CII brings out new corporate governance charter for startups
CII launched a corporate governance charter for startups, including a self-evaluative scorecard. The tool allows startups to measure their governance progress, with score changes indicating improvements in governance practices as assessed against the scorecard from time to time.
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Senior Mahindra executive Gurpratap Boparai quits
Following his resignation, Vinod Sahay who is president, aerospace and defence and chief purchase officer (CPO)- auto and farm Sectors (AFS), will now have additional responsibility for the truck and bus and construction equipment business. Sahay will be designated as…
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AdaniConneX set to raise $1.44 billion from 8 global banks
“The financing has an initial commitment of $875 million, with an accordion feature to extend commitment up to $1.44 billion… Definitive agreements have been executed with eight international lenders – ING Bank N.V., Intesa Sanpaolo, KfW IPEX, MUFG Bank, Natixis,…
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