Tag: svb

zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

rbi: Global funding for Indian startups may take a pause: RBI to Parliamentary Panel

The Reserve Bank of India on Monday informed a parliamentary panel that in the wake of Silicon Valley Bank’s (SVB) collapse, availability of global funds…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

svb: Indian startups move dollars to Gift City, other countries from SVB bank

In the aftermath of the collapse of Silicon Valley Bank (SVB), banking units at International Financial Services Centre (IFSC) in Gujarat’s Gift City emerged as…

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svb: Impact on Startups: Parl panel to discuss SVB collapse with FinMin and RBI officials on Monday
Posted in Economy

svb: Impact on Startups: Parl panel to discuss SVB collapse with FinMin and RBI officials on Monday

In the aftermath of the collapse of Silicon Valley Bank (SVB), a parliamentary panel has called top officials from the finance ministry and the Reserve…

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Chinese regulators looking for buyer for Silicon Valley Bank's local venture
Posted in China News

Chinese regulators looking for buyer for Silicon Valley Bank’s local venture

Chinese regulators held a meeting with banks to gauge their interest in taking over Silicon Valley Bank’s stake in a local joint venture, Bloomberg News…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Silicon Valley Bank: Silicon Valley Bank’s collapse chills startup funding

Jonathan Nelson had lined up commitments for $2 million in new funding for his financial technology startup, HF.Capital, from two investors last month. He was…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

svb: Govt’s prompt actions prevented SVB crisis from harming Indian startups: Ashwini Vaishnaw

New Delhi, Immediate action by the government to help Indian startups in the aftermath of Silicon Valley Bank (SVB) collapse ensured they were not adversely…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

first citizens: First Citizens Bank to acquire SVB’s deposits, loans from FDIC

On Monday, the Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank…

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A fall in international crude prices has come at an opportune time with India’s retail inflation above the central bank’s upper tolerance limit of 6% for two consecutive months – January (6.52%) and February (6.44%).(AP)
Posted in Business

Oil companies breathe easy as global prices dip

The average international diesel price – used as the benchmark for domestic pump prices – has fallen sharply by 41% from a peak of $170.92…

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PE/VC investments nearly halve in Feb 2023: Report
Posted in Economy

PE/VC investments nearly halve in Feb 2023: Report

Investments by private equity and venture capital funds declined by 44 per cent to USD 3.7 billion in February compared to the same period a…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

svb: 48 hours till payroll, $200,000 to go: diary of a bank failure

Sara Mauskopf’s day-to-day concerns – her customers, her employees, her own three children – don’t typically involve the Federal Deposit Insurance Corp. She is CEO…

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