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Vijayawada, Andhra Pradesh, 15-04-2025: Workers remove mud manually and using excavators, which is still there even after pumping water using motors, at the construction site of Iconic secretariat towers (at tower 4) in Amaravati capital region on Tuesday. Photo Giri KVS/ The Hindu | Photo Credit: KVS GIRI Andhra Pradesh Capital Region Development Authority (CRDA)…
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Users will be able to access UPI payments integrated with Zaggle’s multi-wallet prepaid cards, including meal and fuel cards, enabling quick, on-the-go transactions | Photo Credit: Getty Images Zaggle Prepaid Ocean Services Ltd, a spend management company, has has secured a Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI). The…
No unicorns were created in Q1FY25 and Q4FY24, compared to two unicorns in Q1FY24. | Photo Credit: iStockphoto Karnataka’s tech start-up ecosystem hit a funding slump in Q1FY25, raising $633 million—a sharp 23 per cent drop from the previous quarter and 46 per cent decline on-year, according to Tracxn’s latest report. Despite the downturn, sectors…
The market regulator enabled confidential filing of IPO mechanism in December 2022 | Photo Credit: lakshmiprasad S PhysicsWallah, an online education platform, has chosen a confidential pre-filing approach for its initial public offering. Tata Capital, the financial services division of Tata Group, is said to be preparing to submit a draft red herring prospectus for…
Despite early gains being trimmed due to profit-booking, cautious optimism persisted, supported by favorable inflation data and monsoon forecasts. | Photo Credit: Equity benchmarks traded nearly flat by midday on Wednesday with mixed performance across sectors, as banking stocks outperformed while auto and IT shares faced selling pressure. The BSESensex traded at 76,730.33, marginally down…
LCV volumes will likely grow between 4 to 6 per cent this fiscal driven by e-commerce-led deliveries and expansion of warehouses in Tier 2/3 cities | Photo Credit: VIVEK PRAKASH With a boost in infrastructure and replacement demand, domestic commercial vehicle sales volume will touch 1 million units in FY26, according to Crisil. The growth…
The shares of Poonawalla Fincorp Limited were trading flat at ₹382.45 on the NSE today at 10.55 am. Poonawalla Fincorp Limited has approved the issuance of non-convertible debentures (NCDs) worth ₹1,875 crore through private placement, as disclosed in a regulatory filing on April 15, 2025. The company informed the stock exchanges that its Finance…
IREDA’s revenue rose 37% year-on-year to ₹1,904 crore in the fourth quarter Shares of Indian Renewable Energy Development Agency Limited (IREDA) gained 6 per cent on Wednesday following Q4 result updates. The Q4FY25 show has boosted investors’ confidence. The State-owned IREDA reported a 49 per cent increase in its standalone profit after tax to ₹502…
Reliance Industries, global energy giant BP and state-owned ONGC, which for the first time ever teamed together for any venture, won a Gujarat offshore oil block in the latest bid round that saw ONGC walk away with most areas and Vedanta winning seven. The consortia of Reliance, BP and ONGC won the GS-OSHP-2022/2 block that…
