MPC members say premature to lower guard as inflation remains high, show minutes

Price pressures in India remain high and it would be premature to lower the guard on inflation, majority of the members of the Reserve Bank of India’s (RBI) monetary policy…

Trifecta Capital boss calls venture debt India’s ‘sleeper success story,’ says its time has come

Venture debt has been one of the buzzwords at the latest edition of the IVCA Conclave (organized by the Indian Private Equity and Venture Capital Association) in Mumbai. Amidst the…

India plagued by oligopoly in corporate sector, says economist who predicted the Great Financial crisis

Top Highlights >  Doctor Doom Nouriel Roubini has said India’s growth is getting hindered because of oligopoly in parts of the corporate sector. > The Indian government’s strategy and policies…

Human mind is the most…’: Infosys Founder Narayana Murthy answers if AI will take over the world

NR Narayana Murthy, the founder of Infosys and currently the Chairman of Cataraman Ventures, expressed his take on popular chatbot ChatGPT and the rising insecurity because of Artificial Intelligence (AI)…

India’s Private Equity investors are bullish on the country’s infrastructure growth story; here’s why

India’s private equity investors are optimistic about the country’s infrastructure growth story, especially when it comes to future investments in the social sector and renewable projects. According to Ami Momaya,…

Orient Cement says MoU with Adani Power Maharashtra terminated

Orient Cement on Wednesday the Mou with Adani Power Maharashtra Ltd (APML) has been terminated as the Adani Group firm wasn’t able to obtain required clearances.  In September 2021, Orient…

Adani stock rout: Millions of dollars in Australian retirement savings could be affected, claims report

The deepening crisis of Adani Group stock value erosion has affected a number of Australian retirement savings. According to a report in the Guardian, several Australian retirement funds had actively…

D2C meat start-up FreshToHome raises $104 million in Series D funding led by Amazon Smbhav Venture Fund

Direct-to-consumer (D2C) meat delivery brand FreshToHome has closed $104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. The round also saw participation from existing investors…

Adani paid entire $1.2 bn to acquire Haifa port, says Israel’s envoy to India

Israel’s envoy to India, Naor Gilon, on Wednesday said the embattled Adani Group had paid in full to acquire Haifa port.  On the occasion of completion of 30 years of…

Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. The Adani Group firm paid…