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How fast is India's start-up universe expanding? Explained in 7 charts
Over the years, start-ups are struggling more to garner funds as they pass the elementary stages of growth
Electronics manufacturers ask govt to take steps to boost exports
Almost 60 leading electronics makers will meet the government on Monday and raise the issue
Sun TV's income from movie distribution rises to Rs 223.36 crore in FY19
The company also said that it used to have Rs 400-500 crore for purchase of movies for its television channels but now it is reallocating some of the budget to movie prod
PGIM India funds down 21-30% after downgrade of Anil Ambani's firm
Overall, nine schemes of PGIM India (formerly DHFL Pramerica MF) were exposed
Kae Capital in talks to raise third fund of up to $60 mn
This fund will be bigger than its last one as seed-stage cheque sizes have become larger.Kae capital raised its first fund of $25 mn and invested in firms such as 1
Payments firm DotPe to raise fresh funds
The payments platform is the new venture of Shailaz Nag, the co-founder of Citrus Pay, which was acquired by PayU in 2016 and rebranded PayU India.The potential deal unde
Defence ministry takes a shot at the startup game
More than 40 private tech firms are helping the government build underwater drones, see-through armour and more.There are vast gaps to fill. The startup world has littl
India’s unicorns find, exit doors blocked
The hype is gone with the dramatic fall in valuations of WeWork and Uber. How would that impact India’s startups?
Meet the go-to guy for defence, space, nuclear tech indigenization
Sunlux is also deploying 'life-critical systems' for the navy which will enable 'strategic import substitution,' says founder Ram Kerur.Ram Kerur’s journey as a deep te
Goldman Sachs, PremjiInvest and Munjal look to invest in PNB Housing Finance
The PNB Housing Finance board okayed a plan to raise capital of up to ₹2,000 cr in July.Two of its existing shareholders, private equity firms General Atlantic and Car
Lee Fixel sets sights on Indian startups again, may invest $1 billion
Former Tiger Global executive plans to invest in Indian firms as soon as a non-compete agreement with his former employer expires, which might be as soon as next month.Fi
Why companies have stopped fresh investments
In the past two quarters, the investment part of GDP grew just 3.6% and 4%, respectively, in real terms. The ‘twin balance sheet’ problem faced by banks and corporate
I eat junk food only when there is a craving: Ayushi Gudwani
The founder and CEO of FableStreet says she does CrossFit five-six days a week, which helps her focus more
Just ahead of festive season, Flipkart expands pan-India delivery reach by 80%
With this increase in reach, Flipkart consumers in smaller towns will be able to access large appliances such as Smart TVs, washing machines and refrigerators.The company
Air India to start new flight from Delhi to Seoul; 10 pct discount on ticket fare
Air India is introducing a new flight from New Delhi to Korean capital Seoul. The airline announced that it will start a non-stop flight from New Delhi to Seoul from Sep
Power gencos outstanding dues on discoms rises 57% to ₹73K cr in July
According to PRAAPTI portal, distribution companies owed a total of ₹46,779 crore to power generation companies in July 2018.Overdues of independent power producers am
Tinda Masala to Palak Matar Bhurji: Air India's low-fat meals for healthier flight crew
In 2018-19, Air India incurred losses of around ₹7,600 crore.An Air India spokesperson told PTI, 'We are introducing healthy special meals for all crew'
Prashant Jhawar resigns as non-executive director of Usha Martin
Alleges several illegalities and non-compliance of the provisions of law by the directors and management in running the company
Orient Electric looks to launch more IoT-enabled products
To introduce smart products in consumer and commercial lighting segment soon.
Vistara plans complete revamp of its frequent-flyer programme
Under the proposed system, a seat will always be available for member-passengers in exchange for points.Vistara is also planning to increasing the number of partner firms
Linen Club aims ₹1,500 cr business by 2024
Linen Club plans to add 200 stores by then.
Vistara junks award chart system, plans to revamp frequent-flyer programme
Under the proposed dynamic system, a seat will always be available for member-passengers in exchange for points and it will also allow members to earn and use points to b
Air India posts Rs 4,600 cr operating loss over higher oil prices in FY19
Reflecting tough business conditions, the airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19
Samsung's smartphone share in Europe surges in Q2
Samsung Electronics Co.'s smartphone shipments to Europe jumped in the second quarter (Q2) from a year earlier, benefiting from Huawei`s struggle with the US trade ban,
‘Everything that’s done in our Pune centre is not only for India but for the world’
Bernard Charles, Vice Chairman & Chief Executive Officer of Dassault Systèmes in an interview with Mint's Ayushman Baruah talks about Pune plant, strategy for In
Tata, Vedanta mining leases end in March; Govt to reject leases of many firms
Mining industry had sought extension of leases of all operational non-captive mines for a period of 10 years beyond 2020.The move will impact about 334 mines belonging to
Reliance, BP take over Niko's 10% stake in KG-D6 block
Reliance and BP split Niko's share in proportion to their existing shareholding in the block.Reliance, being the operator of KG-D6 block, slapped a default notice on Niko
Reliance Industries, BP take over Niko's 10% stake in KG-D6 block
Reliance and BP split Niko's share in proportion to their existing shareholding in the block
Concept cars gleam, but executive dread clouds Frankfurt Auto Show
A global downturn, technology shifts putting unprecedented pressure on automakers
Infosys opens 6th innovation centre in US, to hire 1000 workers by 2023
Infosys plans to continue hiring locals in the coming quarters
Hindustan Oil Exploration Company to start production in Mumbai from June
HOEC and Adbhoot Estates hold 50 per cent participating interest each in the block
Tata Capital to get Rs 165-cr infusion through issue of preference shares
Tata Capital has a diversified product portfolio with a presence in both the wholesale and retail finance segments
Maruti Suzuki blames increase in ownership cost for declining car sales
Company indulging in heavy discounts to get customers back
With auto sector in slow lane, tyre makers begin to feel pinch
Industry is pinning hopes on steps by government on scrappage policy for vehicles and GST rate cut to spur tyre demand
SBI to seek clarity from RBI on fixed-floating home loan rate
‘Floating rate linked to repo caused asset-liability mismatch’
‘Allowing manual intervention will help’
Small error can hold up refunds: FIEO
JSW Steel moves NCLAT for immunity against investigation in Bhushan Power & Steel cases
JSW Steel on Friday approached the NCLAT to seek protection from the ongoing investigation in money laundering cases against former promoters of Bhus
Wine investment firm Amphora ropes in Cecilia Oldne to oversee India biz
Sweden-based Oldne has been engaged with Indian wine company Sula since 2007, and also represents Sweden-India Business Council in India
Power Finance Corporation raises global bond issuance size to $5 billion
The company also launched issuances of $3 million worth bonds at 3.25 per cent due in 2024 and $450 million at 3.90 per cent due in 2029
Govt Employees Will Get Housing Advance At Lower Interest Rates
Among various measures announced to push activity in the dull real-estate sector, Finance Minister Nirmala Sitharaman on Saturday announced lower interest rates on house-
5G trials: Trump effect forces Reliance Jio, Bharti Airtel to shun Chinese firms
Although India is yet to decide on a Huawei technology ban, telecom players play safe by avoiding Chinese companies to avoid getting caught in the US-China trade war.
Govt To Set Up Rs. 10000 Crore Fund For Incomplete Housing Projects
In her briefing to the media, FM Nirmala Sitharaman announced a slew of measures to reinvigorate the ailing realty sector and said that a special window will be set up fo
Finance Minister Announces Measures For Exports
Finance Minister, Nirmala Sitharaman today announced a slew of measures for exports. The Finance Minister has announced that the scheme for Remission of Duties or Taxes
Vistara to start daily flight on Delhi-Indore route from October 26
With this, Indore becomes 30th destination on its network
Like 'going to war': Boeing readies effort to take 737 Max to the skies
Boeing teams are hammering out delivery schedules, financial terms - with airline customers who have been forced to cancel flights, cut routes and fly aging jetliners whi
Infosys plans to hire 1,000 locals for its Arizona Technology Innovation Center
Infosys' Arizona center has a special focus on autonomous technologies, Internet of Things, full-stack engineering, data science, cybersecurity.Infosys says it has surpas
Central Govt Currently Has No Outstanding Loans With RBI
According to the weekly statistical supplement released by the Reserve Bank of India (RBI) on Friday, the Central Government of India has no outstanding loans with the ce
FD And Loan Interest Rates Are Likely To Fall Further And Faster In October
This week official data released by the National Statistical Office showed that the consumer price index (which is a measure of retail inflation in the country) for the m
GoAir Plans IPO Issue To Raise Rs. 5000 Crore
GoAir, the country's fourth major airline by market share, is seeking to mop up Rs. 5000 crore through its initial public offer (IPO). In the offer, the company will offl
Gold Price To Scale Up To Over Rs. 50,000 Per 10gm In 2 Years: Citi
In September this year, owing to a host of factors including monetary easing measures by major central banks world over to tackle slowdown fears amid US-China trade woes
