Page 7 - Jaden Mathew Paul

Suzlon, Jindal Renewables expand partnership with new wind power project

Suzlon's total order book now stands at a highest ever 5.4GW. Its stock soars almost 4% on Wednesday

PE investment hits $30.89 bn, up 22.7%; IPO exits take spotlight in 2024

Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion

VC funding rises 44% to $9.2 billion in the first 10 months of 2024

Country continues to rank among top five markets globally for VC funding activity: Report

Land never an issue for GEG family biz split: Jamshyd Godrej, Nyrika Holkar

Jamshyd Godrej and Nyrika Holkar talked about the development of 1,000 acres of prime land in Mumbai, future investment plans, and the need for brand change

Delhi High Court stays SECI order barring Reliance Power from auctions

The debarment notice has raised concerns for Reliance Power, which leverages its subsidiaries to secure contracts in India's competitive renewable energy market

LeapFrog Investments secures $1.15 billion in largest fund to date

The fund, comprising $808 million in primary commitments and $210 million in pre-allocated co-investment, primarily focuses on healthcare and financial services in growth markets

8i Ventures comes with 2nd edition of pre-seed funding Origami programme

'There is significant funding available today for business models which can demonstrate unit economics within a reasonable timeframe'

Wind energy at its peak, with 8 more years of growth: Suzlon Group CEO

Chalasani speaks about the prospects of the Indian wind energy sector, opportunities in defence and railways, and Suzlon's strategies to maintain its leadership

Accel leads $2 mn funding for Swish to expand 10-minute food delivery

The funding aims to support the startup's expansion across Bengaluru and eventually into other Tier-1 cities, stated the company press release

CPP Investments' assets reach $675.1 bn in Q2 FY25 amid market volatility

In India, the Canadian firm said it sold its 6 per cent stake in Delhivery, India's largest third-party logistics service provider, generating net proceeds of C$298 million (US$211 million)

NextGen CEOs to focus on innovation and inclusion to build Viksit Bharat

During a panel discussion on young leadership at the 11th SBI Banking and Economics Conference, young CEOs explored strategies to future-proof Indian enterprises

Anil Ambani's Reliance Group forms centre to push 2030 growth strategy

Reliance Infrastructure and Reliance Power, key arms of the Group, have earlier announced that they have achieved debt-free status and are actively pursuing projects in new growth areas

Black Box eyes $2 billion revenue in 4 years on rising AI, data demand

Black Box has increased its focus on modular data centres and prefabricated solutions, which are designed to accelerate project timelines and cater to hyperscale needs

Wilson & Hughes PE acquires travel firm Cox & Kings assets, brands

The acquisition, completed through the PE firm's Indian subsidiary, includes only Cox & Kings brand and assets, excluding any responsibility for financial, legal issues tied to past operations

Edtech platform Bhanzu secures $16.5 mn for US expansion and global growth

The company has reported 8 times growth since its last funding round two years ago. It is now cash-flow positive, with expansion plans focused on the US market

Black Box reports 59% increase in profit amid revenue dip in Q2FY25

Expenses decreased 7.2 per cent to Rs 1,425.16 crore for Q2FY25, compared with Rs 1536.08 crore in the previous year

BS BFSI Summit: 'Higher PE/VC funding boosts governance excellence'

Bain Capital's Kotecha highlighted that the strongest indicator of PE's value is the long-term track record and measurable impact on portfolio companies

BS BFSI Summit: 'Regulatory compliance key to consumer protection'

While compliance may incur costs, it strengthens consumer trust and safeguards data security in an era when customers increasingly demand faster service, said panellists at the BS BFSI Summit

Banks leaving no stone unturned to stay ahead of fraudsters, say CEOs

Focus is on staying ahead on the technological front

Markets polarised into bubble-like and comfortable valuations: MF CIOs

Money managers noted that as markets retreated, earnings growth expectations also moderated, neutralising impact on valuations