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KKR veteran Sanjay Nayar hunts for India's next startup stars with new fund

The fund plans to back about 10 startups, focusing on sectors including consumer tech, fintech and software-as-a-service

Rising tomato prices: Next big risk to India's fight against inflation?

The average retail price of tomatoes in India has jumped 70% from a month ago and 168% from a year earlier to Rs 53.75 a kilogram as of Tuesday

As world struggles with energy and climate crises, these batteries can help

As the market for EV batteries expands and evolves, large industrial-scale powerpacks - energy storage systems, or ESS - are being overlooked as a potential solution to this power crunch

Currency turmoil risks undermining India's debut sovereign green bond

The currency has slumped more than 45 this year amid concern the RBI is behind the curve in tackling inflation, with elevated crude oil prices adding to pressures on the net

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

Covid cut Indian women out of the job market, putting $6 trillion at stake

India is an extreme illustration of a global phenomenon. Across the world, women were more likely than men to lose jobs during the pandemic, and their recovery has been slower

Leaving behind mixed legacy, Sandberg quits Facebook at a perilous moment

She was pivotal in helping the company reach an unparalleled scale of more than two billion active users after Zuckerberg poached her from Google in 2008

New York to raise age to buy assault rifle to 21, ban body armor

Citing the mass shootings in Buffalo, New York, and Uvalde, Texas, local officials said they wanted to close loopholes and address the gaps in laws exposed by the back-to-back massacres

Sri Lanka lifts import curbs to help tackle worsening shortages

The 369 items on the list can now be shipped in without an Import Control License, the Finance Ministry said in a statement Wednesday

Elliott to sell Italy's AC Milan football club to RedBird for $1.3 bn

The transaction may value AC Milan at about 1.2 billion euros ($1.3 billion), the people said.

Return to office or get out: Elon Musk's ultimatum to Tesla employees

Elon Musk weighed in on the return-to-office debate on Twitter by elaborating on an email he apparently sent to the electric-car maker's executive staff

Adani group shares take a beating after MSCI index adjusts weight

MSCI published additions and deletions to its global indexes last month but the announcement didn't detail changes to the weightings of individual stocks in its indexes

Saudi Arabia is planning the largest buildings ever constructed at $500 bn

Neom, the brainchild of Saudi Crown Prince and de facto ruler Mohammed bin Salman, aims to build twin skyscrapers about 500 meters (1,640 feet) tall

IBM has to pay BMC Software Inc $1.6 billion for poaching AT&T account

The judgment is one of the largest ever to arise from a commercial dispute, Sean Gorman, a partner with Bracewell LLP who represented BMC in the case, said

Pakistan inflation climbs to 13.8% in May on rising food and fuel prices

Food prices surged 17.3%, while transport costs surged 31.8%, the data showed

Race for cheaper EVs may face fears-long setback due to metal costs

Prices of lithium, cobalt and nickel have soared in the past year, eating into EV makers' margins at a crucial point in the development of the burgeoning industry

Jamie Dimon says JPMorgan is bracing itself for economic 'hurricane'

Dimon said Wednesday that JPMorgan is preparing for that turbulence by being conservative with its balance sheet

Has sanctioning Russia worked? Oil, gas sales put $285 bn in Putin's pocket

For years, Russia has acted as a vast commodity supermarket selling what an insatiable world has needed: Not just energy, but wheat, nickel, aluminum and palladium too

India a key growth area, is going to be a massive market: Singapore Air CEO

CEO Goh refused to be drawn on whether Singapore Airlines would be interested in buying a stake in Air India

Tech giants accuse Indian agencies of ignorance in Xiaomi spat

While the lobby group's letter to ICEA didn't name the Xiaomi case specifically, it warned that accusing companies of illegal royalty payments could have a 'chilling effect' on business in the country