Manam Chocolate raises $9 million funding from Omnivore, Turner Morrison
Manam Chocolate has raised $9 million in a funding round led by Omnivore, with the Turner Morrison consortium participating. The craft chocolate company plans to…
Honasa shares jump 6% on Rs 5,500 crore revenue target by FY31. What is Goldman Sachs saying?
Shares of Honasa Consumer, the parent company of Mamaearth, rallied 6% to their day’s high of Rs 438 on the BSE as investors cheered the…
India falls out of EM index top 10 for first time in 26 years—What that means & why it matters
For the first time since at least 2000, no Indian company ranks in the top 10 of the MSCI Emerging Markets Index, a benchmark that…
Infosys-backed 4baseCare raises Rs 128 crore, plans to take its cancer testing platform global
Precision oncology startup 4baseCare has closed a funding of Rs 128 crore after raising an additional Rs 38 crore in a top-up round led by…
Credit guarantee scheme for MFI 2.0 gets extension
New Delhi: The Centre has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August or until guarantees for an amount of ₹20,000…
No overcapacity in steel, textiles; India’s consumption remains low: DGTR
New Delhi: India does not have surplus capacity in textiles and steel sectors, as the country’s per capita consumption of these products remains among the…
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
Abu Dhabi: As India seeks to secure energy supplies amid continuing geopolitical uncertainty in West Asia, New Delhi and Abu Dhabi have begun operationalising plans…
RBI proposes unified framework for banks’ risk, compliance and audit functions
Kolkata: The Reserve Bank of India on Wednesday issued a draft consolidated framework for its supervisory instructions related control and assurance functions of banks and…
Agriculture Ministry’s FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level
New Delhi: The Narendra Modi-government has increased the annual budget for the agriculture ministry by five-fold in the last 12-years to Rs 1.4 lakh crore…
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
The number of guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh, with the total amount reaching Rs 48,484…