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Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

GAWAHATI: Oil India Limited (OIL) has set up an OIL Start-Up fund of 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast.  The oil exploration major’s chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the Centre’s ‘Start-up India’ initiative. “The OIL Start-Up fund...
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When consumption push and fiscal consolidation go hand in hand

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Kerry Washington invests in wedding marketplace Cheersy

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

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