Indian start-ups are increasingly turning to venture debt as a funding source, according to a report by Lighthouse Canton, a wealth and asset management firm. This shift reflects changing market dynamics, particularly in the wake of cautious venture capital (VC) ...
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News: Stocks Making Significant Moves After Hours
Several companies saw notable stock movements after the market closed, driven by earnings reports, business updates, and market sentiment. Here’s a look at the major players: 1. FedEx (FDX) Performance: Shares rose after the company reported better-than-expected earnings and ...
News: Nike CEO Outlines New Strategy Amid Declining Revenue and Profit
Nike CEO Elliott Hill has announced a revised strategy to address declining revenue and profit, which the company attributed to heavy reliance on promotional activities. The move aims to strengthen Nike’s brand value and reposition the company for long-term growth. ...
News: NVIDIA’s Role in Shaping the $3.6 Trillion AI Industry
NVIDIA, a company initially known for revolutionizing gaming graphics, has become a cornerstone of the AI industry. The gaming GPUs that powered titles like Far Cry 3 are now at the heart of AI breakthroughs, showcasing NVIDIA’s ability to adapt ...
News: India’s Hiring Growth Expected to Rise by 9% in 2025
According to a report by foundit (formerly Monster APAC & ME), India’s hiring activity is set to grow by 9% in 2025, led by the information technology (IT), retail, telecommunications, and banking, financial services, and insurance (BFSI) sectors. Emerging technologies ...
GDP Growth Slowdown in Q2FY25 Is Temporary, Says Finance Minister
Finance Minister Nirmala Sitharaman addressed the Lok Sabha, stating that the GDP growth slowdown observed in Q2FY25 is a temporary blip and that improvements are expected in the coming quarters. Her remarks came during discussions on the Supplementary Demands for ...
Managing Economic Slowdowns – India’s Approach to Q2FY25 GDP Growth Challenges
Background In the second quarter of FY25, India’s GDP growth experienced a noticeable slowdown. Finance Minister Nirmala Sitharaman addressed the situation during the discussion on the Supplementary Demands for Grants – First Batch 2024-25 in the Lok Sabha. The government ...
News: Tata Consumer Products Denies Starbucks’ Exit Rumors
In response to reports claiming that Starbucks may exit India due to rising losses and high operating costs, Tata Consumer Products, Starbucks’ joint venture partner in India, has categorically denied the claims. The company reaffirmed its commitment to the Indian ...
News: Bajaj Auto Launches Next-Generation Chetak EV – The 35 Series
Bajaj Auto Ltd has unveiled the latest iteration of its iconic Chetak scooter, reimagined as the Chetak EV 35 Series, signaling the company’s commitment to sustainable mobility. The launch highlights Bajaj’s efforts to strengthen its position in the rapidly growing ...
Zepto Café: Revolutionizing 10-Minute Food Delivery in India
In the rapidly evolving quick-commerce sector, Zepto has emerged as a formidable player, particularly with its latest venture, Zepto Café. This standalone application is set to transform the food delivery landscape by offering a diverse range of freshly prepared meals ...