India’s cotton exports within the first six months of the season 2023-24 beginning October have greater than doubled with costs turning aggressive for the abroad patrons. Exports throughout October-March have been up 137 per cent at 18 lakh bales in comparison with the 7.59 lakh bales logged in the identical interval final 12 months , … Read more
Endimension Know-how, a healthcare AI startup, has raised ₹6 crore in a Pre-Collection A spherical led by Inflection Level Ventures. Sucseed Indovation and SINE IIT Bombay additionally invested on this spherical. The funds will probably be utilised for AI analysis and improvement, staff growth, and software program enhancement. These investments goal to assist market place … Read more
n the run-up to the elections, the information group of businessline analyses the manifestos of Congress and BJP to seek out out what guarantees are talked about. Additionally, here’s a fact-check into the Prime Minister’s speech concerning the Congress’ alleged promise of wealth re-distribution. Reporters: Sindhu Hariharan and Parvathi Benu. Video: Bijoy Ghosh Edit: Renil … Read more
Elon Musk: Tesla May begin rolling out Optimus robots by 2025 Tesla humanoid robotic remains to be within the lab, however it might be able to promote by 2025, Chief Government Elon Musk stated. A number of firms have been betting on humanoid robots to fulfill potential labour shortages and carry out repetitive duties that … Read more
Geared toward producing job alternatives for the youth, the Hong Kong-based ship administration agency Anglo Jap Group is planning a maritime consciousness marketing campaign for Indian college students as a part of its 50thanniversary celebrations this yr. The corporate, a serious employer of Indian seafarers, has proposed to attach colleges and faculties in cities … Read more
Happiest Minds Applied sciences has signed definitive agreements to amass 100 per cent of the fairness share capital of PureSoftware Applied sciences for a complete buy consideration of $94.5 million (₹779 crore). The acquisition includes an upfront cost of ₹635 crore on closing and a deferred cost of as much as ₹144 crore payable on … Read more
The 2024 version of the Neo-Realty survey by WiseX, a Neo-realty investments platform, acknowledged that 60 per cent of total traders (out of 6578 respondents) and 64 per cent of Excessive Networth People (2174 HNI respondents) choose the fractional possession mannequin to put money into Business Actual Property (CRE) in India. Fractional possession in India … Read more
Bajaj Finance’s web revenue for This autumn FY24 is anticipated to rise 22-34 per cent on-year, led by wholesome mortgage development and secure credit score value. Nevertheless, greater value of funds and contraction in margins might weigh on the bottomline. “Our evaluation of present family indebtedness, mortgage service functionality and system-wise static pool efficiency of private loans … Read more
On this particular episode of the businessline Podcast the place we’re reviewing the efficiency of NDA authorities within the final 10 years, we’re wanting on the telecom sector. The Telecom sector in India has seen phenomenal modifications together with shift from 2G to 4G with the launch of Reliance Jio, BharatNet, OTT companies, new Telecom … Read more
The Spices Board will subject an advisory for exporters to boost consciousness on ethylene oxide (ETO) contamination and the rules in varied international locations, along with launching necessary testing for the chemical in consignments sure for Hong Kong and Singapore. The transfer comes after business consultations on Wednesday pertaining to the recall of spice mixes … Read more