AIMPWA – Page 681 – msmenews.sbs

Markets slip as expiry volatility persists; Shriram Finance leads gainers

AIMPWAFebruary 27, 2025

Equity benchmarks edged lower in midday trading on Thursday as investor sentiment remained cautious amid F&O expiry volatility and ongoing concerns over US tariffs. The benchmark Sensex traded at 74,579.20, down 22.92 points or 0.03 per cent from its previous close, while the Nifty declined 27.65 points or 0.12 per cent to 22,519.90. Market breadth...

MARKET

M&M Financial share price jumps 4% after allotment of NCDs worth ₹500 crore

AIMPWAFebruary 27, 2025

Stock market today: Shares of non-banking finance company (NBFC) Mahindra & Mahindra Financial Services (M&M Financial) witnessed a 4% increase on Thursday, February 27, after it informed that the Committee of Directors has approved the allotment of 50,000 non-convertible debentures (NCDs) to identified investors. “We hereby inform you that, based on the successful bidding done...

India Will Be Home To 10,500 Startups By 2020: Nasscom

AIMPWAFebruary 27, 2025

MUMBAI: India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report. India is in the third position just behind US and UK, and...

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s export sector, particularly in steel, aluminium, and other high-emission industries, is set to face challenges due to the European Union’s Carbon Border Adjustment Mechanism (CBAM), warned Thomas Kerr, Lead Climate Change Specialist at the World Bank. Speaking at PRAKRITI 2025, an international conference on carbon markets, Kerr emphasised the...

Top gainers & losers mid-day 27 Feb 2025: Shriram Finance, Bajaj Finance, Bajaj Finance, IndusInd, Axis bank led gains

AIMPWAFebruary 27, 2025

Media, realty, IT and telecom stocks experiencing huge downturns, along with auto oil & gas, and FMCGs facing selling pressure, while banking stocks show resilience. The broader market traded in red as at 12.35 pm. Sensex slipped 29.02 pts or 0.04 per cent to 74,573.10, and Nifty 50 dipped 30.40 pts or 0.13 per cent to...

SBI Cards and Payment share price rises 3%: Should you Buy, Sell of Hold the stock after the record date for Dividend?

AIMPWAFebruary 27, 2025

Stock Market Today: SBI Cards and Payment Services Ltd share price gained 3% during the intraday trades on Thursday. The record date for dividend was 25 February’2025. SBI Cards share price that opened at ₹842.15, slightly higher than the previous close of ₹839.65 , however gained further to intraday highs of ₹864.80, which meant gains...

STARTUPs

Startups Can Raise $3 Mn Via ECBs Annually: RBI

AIMPWAFebruary 27, 2025

MUMBAI: The Reserve Bank today permitted startups to raise external commercial borrowings (ECBs) of up to $3 million in a financial year, a move aimed at boosting innovation and promoting job creation. “The borrowing should be denominated in any freely convertible currency or in Indian Rupees (INR) or a combination thereof. “In case...

Tata Capital Board to meet on Tuesday to consider rights issue proposal

AIMPWAFebruary 27, 2025

The Board of Directors of Tata Capital Ltd (TCL) will be meeting on Tuesday to consider a proposal for raising funds by way of issue of equity shares on a rights basis amid plans for an initial public offering (IPO). This comes even as TCL and its parent – Tata Sons Pvt Ltd – are...

Polycab, Havells, KEI, RR Kabel & Finolex share price crash: UltraTech’s entry into cables & wires space

AIMPWAFebruary 27, 2025

Shares of Polycab, KEI Industries, RR Kabel, Havells and Finolex Cables crashed on Thursday following UltraTech’s entry into cables & wires (C&W) space. UltraTech stock also tumbled 6 per cent after analysts anticipated a mild negative reaction following its entry into C&W space as the investors have traditionally viewed the company as a pure-play cement...

Ramco Systems share price jumps 6% after THIS business update; should you buy?

AIMPWAFebruary 27, 2025

Ramco Systems share price jumped over 6 per cent in morning trade on the BSE on Thursday, February 27, after the company announced the successful implementation of its aviation software at Philippine Airlines. The small-cap stock opened at ₹296.05 against its previous close of ₹303.20 and jumped 6.43 per cent to the level of ₹322.70....

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A comprehensive list of 2025 tech layoffs

AIMPWAJune 17, 2025

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

AIMPWAJune 17, 2025

Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary...

STARTUPs

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

AIMPWAJune 17, 2025

T-minus 6 days until TechCrunch All Stage ticket prices rise. From now until June 22 at 11:59 p.m. PT, founders save $210 and investors save $200 on passes. Are you ready to push your startup to the next level? Or are you an investor looking to back the next big breakthrough? Join TC All Stage...

Applied Intuition raises $600 million as it pushes further into defense

AIMPWAJune 17, 2025

Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion. The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad...

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

AIMPWAJune 17, 2025

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told...

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Latest Posts

Markets slip as expiry volatility persists; Shriram Finance leads gainers

M&M Financial share price jumps 4% after allotment of NCDs worth ₹500 crore

India Will Be Home To 10,500 Startups By 2020: Nasscom

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

Top gainers & losers mid-day 27 Feb 2025: Shriram Finance, Bajaj Finance, Bajaj Finance, IndusInd, Axis bank led gains

SBI Cards and Payment share price rises 3%: Should you Buy, Sell of Hold the stock after the record date for Dividend?

Startups Can Raise $3 Mn Via ECBs Annually: RBI

Tata Capital Board to meet on Tuesday to consider rights issue proposal

Polycab, Havells, KEI, RR Kabel & Finolex share price crash: UltraTech’s entry into cables & wires space

Ramco Systems share price jumps 6% after THIS business update; should you buy?

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A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

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A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

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A comprehensive list of 2025 tech layoffs

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Unlock scaling growth at TC All Stage, and get $210 off for 6 more days

Applied Intuition raises $600 million as it pushes further into defense

Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

In just 3 months, Ramp’s valuation jumped to $16B from $13B