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Sovereign Wealth Fund Institute lines up opportunity for startups funding

Of the six global startups that will be presenting their five-minute elevator pitches at FORT North America 2023, two will be Indian, representing the fast-growing startup ecosystem in the country

Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023

The magazine said the wealth estimate of the Indian billionaires is based on stock prices as of 14 July 2023 and shareholding as of December 2022

Ratnaveer Precision IPO subscribed 18x; Samhi Hotels gets Sebi nod for IPO

Gurugram-based Samhi Hotels and Jaipur-based Motisons Jewellers have received final observation from Sebi

Zoho surpasses 100 million users across over 55 business applications

Zoho has added at least 50 million users. Its user base has grown from 1 million users in 2008 to 100 million in 2023

Coherent Corp picks Chennai for its global centre of excellence in India

The company manufactures optical materials and semiconductors, has research facilities in more than 20 countries

IIM-Calcutta director resigns; second to do so in 2 years: Report

Uttam Sarkar is understood to have cited 'personal reasons' for his resignation

Nasscom appoints Cognizant chairman, MD Rajesh Nambiar as new chairperson

Nambiar has previously served as the Vice Chairperson of Nasscom and will succeed Anant Maheshwari, Former President, of Microsoft India as its new chairperson

Jio Financial recovers losses; EMS sets price band at Rs 200-211 for IPO

In the pre-IPO placement round, the Ghaziabad-based firm raised Rs 33.76 crore

RBI allows scheduled commercial banks to issue credit lines through UPI

The regulator said banks may, as per their board-approved policy, stipulate terms and conditions of use of such credit lines

Uday Kotak resigns as MD, CEO of Kotak Mahindra Bank effective September 1

As an interim arrangement, joint MD Dipak Gupta will carry out duties of MD and CEO until December 31

Biocon acquires Eywa Pharma's US-based manufacturing facility for $7.7 mn

Biocon acquires Eywa Pharma's US-based manufacturing facility for $7.7 mn

Uday Kotak steps down as Kotak Mahindra Bank MD & CEO effective Sep 1

Uday Kotak's term would have ended on December 31, 2023. Joint MD Dipak Gupta has been appointed interim CEO

India's GST collection increases 11% to Rs 1.59 trn on better compliance

Mop-up for Centre, states and revenue from IGST moderated compared to previous month

Rishabh Instrument IPO subscribed 32x; Arkade Developers files DRHP

As of July 31, Arkade had developed 1.8 million square feet of residential property. Its revenue in FY23 stood at Rs 224 crore

Warburg sells 4.2% in IDFC First Bank; GQG picks up 2.6% in lender

On Friday, shares of IDFC First Bank fell by as much as 5 percent in early trading but recovered to end little changed

Infosys Completes acquisition of Danske Bank's IT Centre in India

Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as to large corporate and institutional customers

Jupiter Life Line Hospital announces IPO, plans to mop up Rs 869 crore

The company has disclosed that approximately Rs 500 crore from the public offering will be allocated towards debt repayment

About 93% Rs 2,000 currency notes returned to banking system, says RBI

The Reserve Bank today said in absolute terms, the total value of Rs 2,000 banknotes received back from circulation is Rs 3.32 trillion up to August 31, 2023

The Alternative Board forays into Tamil Nadu, sets sight on SMEs

Ramas Krishnan, managing partner of TAB India, said, "We began TAB India operations in Mumbai

Mahindra Logistics to provide Flipkart with heavy commercial vehicles

Companies announce collaboration to improve e-commerce firm's line haul transportation