India’s food and beverage sector is set for a ₹9,000 crore IPO wave from over a dozen companies, signaling robust consumption growth and investor confidence. Major players like Milky Mist Dairy Food and Prestige Hospitality Ventures are leading the charge,…
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The startup’s valuation grew to $7 billion after a financing round that drew existing backers Goodwater Capital and General Catalyst, the Bangalore-based startup said in a statement. The California Public Employees’ Retirement System became a shareholder via the pre-IPO funding.
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Businesses and the government are both hoping for a consumption boost, helped by the benefits of GST 2.0. Affordable travel has increased and now outpaces luxury travel, according to a Thrillophilia report. Delivery agents are racing through lanes and bylanes…
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Former Reliance Power CFO Ashok Pal has been sent to judicial custody. He was arrested by the Enforcement Directorate in connection with a bank guarantee case. Pal resigned from his position shortly after his arrest. The investigation involves a ₹17,000…
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Gold has hit $4,200/oz after its fastest-ever $500 surge, with the World Gold Council noting the current rally is just 735 days old and still shorter than past bull runs. The rise is driven by investment demand, ETF inflows and…
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Goldman Sachs is preparing for another round of job cuts before year-end, aiming to achieve further savings and leverage efficiencies from artificial intelligence. Despite this, the bank anticipates an overall increase in headcount by the end of the year. The…
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