Suzuki’s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
New Delhi, July 4 (IANS) Japanese automobile company Suzuki Motor Corporation’s subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund — Next Bharat — that aims to act as a growth catalyst for the social impact startup ecosystem in India. Next Bharat is a social impact investment fund […]
Indian FMCG sector to see revenue jump 7-9 pc this fiscal, rural demand surges
New Delhi, July 4 (IANS) Riding on higher volume growth, revival in rural demand and steady urban growth, the fast-moving consumer goods (FMCG) sector in India is projected to see revenue grow 7-9 per cent this fiscal (FY25), said a report on Thursday. The growth in FY25 follows an estimated 5-7 per cent growth in […]
Increased funding from domestic sources vital to drive India’s startup movement: Amitabh Kant
New Delhi, July 4 (IANS) To drive India’s startup movement, increased funding from domestic sources is required, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Thursday. “We need to increase domestic sources of capital for startups,” Kant wrote in a post on X. According to him, presently, foreign funding accounts for 75 […]
Users will be able to make UPI payments to UAE merchants now
New Delhi, July 4 (IANS) The Indian Government has been pushing UPI globally for faster digital payments. Now, UPI will be available in the Middle East country UAE as well. NPCI International Payments Limited has partnered with Network International, a large digital commerce company in the Middle East and Africa for this. Now Indian travelers […]
95 pc of Indian firms see positive returns from data streaming investments: Report
New Delhi, July 4 (IANS) About 95 per cent of India’s IT leaders with experience in data streaming reported a remarkable 2 to 10 times return on investment (ROI) from their data streaming initiatives, underscoring the critical role of real-time data in the country’s digital economy, a new report showed on Thursday. According to the […]
Bengaluru sees 57 pc jump in residential prices in last 5 years: Report
Bengaluru, July 4 (IANS) India’s Silicon Valley saw average residential prices surge by 57 per cent in the last five years and considering the current trends, residential launches and sales in the city are expected to rise by 10-15 per cent by the end of this year compared to 2023, a report said on Thursday. […]
Electric 2-wheelers see growth in last 2 months, Ola Electric loses market share: Report
New Delhi, July 4 (IANS) The electric vehicle (EV) penetration improved in the Indian two-wheeler (2W) sector over the last two months after incentives almost halved in April, a report said on Thursday, adding that Ola Electric lost market share while TVS Motor Co Ltd (TVSL) gained. The electric 2W penetration and volumes recovered and […]
India one of the most active countries for Meta’s Threads globally
New Delhi, July 4 (IANS) Meta (formerly Facebook) on Thursday said that India is one of the most active countries for Threads globally In India, some of the most popular tags and topics on Threads were centred around film, TV and OTT content, celebrity-related conversations and sports. Threads has also achieved more than 175 million […]
OnePlus confirms top-level rejig at India operations; Robin Liu back
New Delhi, July 4 (IANS) Smartphone company OnePlus on Thursday confirmed the return of veteran Robin Liu to head its India operations amid an internal reshuffle. Liu served as head of sales for OnePlus India for around 19 months till January 2022. The company said in a statement that it continues to strengthen mainline presence […]
AstraZeneca to expand its Chennai GCC at Rs 250 crore outlay
Chennai, July 4 (IANS) AstraZeneca India Private Limited (AZIPL), the Global Capability Centre (GCC) of the pharma group AstraZeneca on Thursday said it will invest Rs 250 crore on expanding its Global Innovation and Technology Centre (GITC) here. The expansion includes close to 1,300 roles focused on driving innovation, enhancing efficiency, and streamlining operations across […]
