SaaS startup Knit raises $1 million in seed funding spherical

Unified API platform, Knit, has raised $1 million in a seed funding spherical led by Endiya Companions, together with participation from Axilor Ventures and angel buyers. Additionally learn:Begin-ups want a curated company governance framework As per the SaaS startup, the funding shall be used to boost product capabilities and incorporate Gen AI applied sciences to … Read more

Indices slide on promoting in heavyweights

Promoting by abroad buyers in index heavyweights dragged down benchmark indices after a gap-up opening on Friday, capping a unstable week that noticed the US Fed hold rates of interest regular. Additionally learn:Indices surge on world cues, rally in financial institution shares Marginally higher than anticipated This fall earnings and a correction in oil costs … Read more

Aptus Worth Housing posts 21% rise in This fall consolidated PAT

Aptus Worth Housing Finance Ltd has reported a 21 per cent improve in consolidated revenue after tax at ₹164 crore for the quarter ended March 31, 2024, in contrast with ₹135 crore within the year-ago quarter.   Additionally learn:Aadhar Housing Finance IPO: Value band set at ₹300-315 per fairness share The board has declared an interim dividend … Read more

NDTV incomes jumps 59%, digital visitors up 39%

Information broadcaster NDTV Ltd on Friday reported a 59 per cent leap in March quarter income because it expanded digital footprint, gaining a 39 per cent rise in visitors. Additionally learn:Sony, Zee parting methods might rejig Indian media panorama Consolidated web lack of ₹8.74 crore in January-March in contrast with lack of ₹1.35 crore revenue … Read more

2024 Elections: Revenue reserving post-elections coming anyway, Bernstein

International Brokerage Bernstein, a part of Societe Normal Group, sees revenue reserving post-elections within the Indian fairness markets coming anyway, noting that the election outcomes will solely function a set off level for the inevitable.  Additionally learn:Indices tumble over 1% on weak world cues, revenue reserving It sees little getting modified from 2019, when NDA … Read more

Vodafone Thought FPO sees muted response on day 1

Vodafone Thought’s follow-on public supply (FPO) is off to a cautious begin on day one, with simply 26 per cent of the shares on supply being subscribed. Additionally learn:Institutional traders warming as much as Voda Thought FPO? In accordance with the Bombay Inventory Change information, on the finish of day 1, the quota for certified … Read more

Markets face heavy fluctuations; settle decrease taking downtrend to fourth day

Fairness benchmark indices Sensex and Nifty confronted heavy volatility on Thursday and ended decrease, taking their shedding streak to the fourth straight session, dragged by financial institution shares and overseas fund outflows. Additionally learn:Rupee rises 6 paise to shut at 83.55 towards US greenback Issues over fading fee lower hopes and persisting FII fund exodus … Read more

Daniel Kahneman’s Legacy and the Mirror He Held to our Investing Illusions

Daniel Kahneman was a psychologist, however gained a Nobel prize in economics and when he died final week the worldwide investor neighborhood bemoaned the tragic loss as a lot (if no more) as another neighborhood. What’s the hyperlink right here? In one in every of his earliest tv interviews a long time again, a younger … Read more