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BUSINESS

SEBI working on FPI cash-out delays case by case

AIMPWAMay 13, 2025

“Our SEBI FPI outreach cell is committed to addressing individual issues on a case-by-case basis,” the official said SEBI is working on resolving fund repatriation delays for foreign portfolio investors (FPIs) on a case-by-case basis, as lingering issues in the T+1 settlement cycle threaten to derail its move towards same-day T+0 settlement, according to sources...

Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital

AIMPWAMay 13, 2025

Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow operated as a direct-to-consumer insurance provider — selling, underwriting, and servicing life insurance policies. In...

Rupee gains 3 paise to settle at 85.33 against US dollar

AIMPWAMay 13, 2025

The rupee pared most of its initial gains to settle 3 paise higher at 85.33 (provisional) against the American currency on Tuesday, due to rising appetite for riskier assets amid easing trade tariff tensions. However, rising crude oil prices, a strong US dollar and the emergence of profit booking in domestic equities restricted the rise...

Market meltdown: Sensex drops 1281 points; IT stocks lead decline amid profit-taking

AIMPWAMay 13, 2025

Equity benchmarks tumbled on Tuesday as investors booked profits following Monday’s sharp rally, with IT stocks leading the decline. The BSE Sensex plunged 1,281.68 points or 1.55 per cent to close at 81,148.22, while the Nifty 50 fell 346.35 points or 1.39 per cent to end at 24,578.35. The selloff came despite easing geopolitical tensions...

NSE/BSE, Top Gainers & Top Losers Today 13 May 2025: Sun Pharma, Adani Ports, TCS, Infosys among movers

AIMPWAMay 13, 2025

Share prices of Sun Pharmaceutical Industries Ltd., Adani Ports and Special Economic Zone Ltd, Bajaj Finance Ltd., State Bank of India, and Tech Mahindra Ltd. emerged as the top gainers on Tuesday. Among the laggards were shares of Tata Consultancy Services Ltd. (TCS), HCL Technologies Ltd., Eternal Energy Ltd., Power Grid Corporation of India Ltd.,...

Indian IT Sector Faces Earnings Pressure from Stronger Rupee

AIMPWAMay 13, 2025

New Delhi, May 13 (KNN) The sharp depreciation of the US dollar over the past three months has become a growing concern for Indian IT companies, particularly those with a high concentration of USD-denominated revenues. The USD has depreciated approximately 4 per cent against the Indian Rupee (INR), with even sharper declines against the Euro...

M1xchange Secures USD 10 Mn Investment From Filter Capital To Expand MSME Lending

AIMPWAMay 13, 2025

New Delhi, May 13 (KNN) Filter Capital, a growth-stage investment firm, announced on Monday that it has invested approximately USD 10 million in M1xchange, a trade receivables discounting system platform. The investment was made through a secondary transaction, reflecting Filter Capital’s confidence in digital supply chain finance as a driver of financial access for India’s...

Broker’s Call: Fine Organic Industries (Buy)

AIMPWAMay 13, 2025

Target: ₹5,200 CMP: ₹4,308.50 Fine Organic’s (Fine Org) Q4FY25 performance was in-line with street estimates. It is operating at optimal utilisations with limited volume growth headroom till new capex comes onstream; except the Patalganga facility, which will be absorbed by H1FY27 and minor contribution from the Badlapur facility, which resumed operations recently (shut since January...

MSMEs In Tier II & III Cities See 20% Revenue Growth After Joining ONDC: EasyPay

AIMPWAMay 13, 2025

New Delhi, May 13 (KNN) Micro, small, and medium enterprises (MSMEs) located in Tier II and III cities have experienced an average 20 percent growth in revenues following their integration with the government’s Open Network for Digital Commerce (ONDC), according to payment solutions provider EasyPay on Monday. Data released by EasyPay, which joined ONDC as...

Broker’s Call: Britannia Industries (Outperform)

AIMPWAMay 13, 2025

Target:₹6,000 CMP: ₹5,492.05 Britannia Industries reported better-than-expected growth and margins in Q4FY25. The outlook for FY26 is also positive with price hikes already in place and moderation in palm oil and sugar prices, which account for 50 per cent of raw material costs. In Q4, the company saw 5.5 per cent pricing contribution vs no...

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Clay confirms it closed $100M round at $3.1B valuation

AIMPWAAugust 5, 2025

Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a round led by CapitalG, confirming TechCrunch’s report from June. The financing follows a $1.25 billion Series B round from six months ago and a $1.5 billion Sequoia-led tender offer announced a couple of months ago, which allowed...

Three weeks after acquiring Windsurf, Cognition offers staff the exit door

AIMPWAAugust 5, 2025

Cognition, the AI coding startup that acquired rival company Windsurf three weeks ago, laid off 30 employees last week and is offering buyouts to the roughly 200 remaining employees on the team, reports The Information. This is the latest bout of whiplash that Windsurf employees have faced after a tumultuous stretch for the company. The...

STARTUPs

Get startup insights from Chef Robotics, NEA, and ICONIQ at Disrupt 2025

AIMPWAAugust 5, 2025

Finding product-market fit isn’t a milestone — it’s a messy, make-or-break journey. And at TechCrunch Disrupt 2025, a founder who’s been through the fire and two investors who’ve helped startups hit escape velocity will break down how to do it right. On the Builders Stage, Rajat Bhageria (Founder & CEO, Chef Robotics), Ann Bordetsky (Partner,...

STARTUPs

Only 2 days left to save $675 on your Disrupt 2025 ticket

AIMPWAAugust 5, 2025

TechCrunch Disrupt 2025 marks 20 years of driving the startup world forward — and you’ve got just two days left to join the movement and save up to $675 on your ticket. From October 27–29, Moscone West becomes the home base for over 10,000 movers and makers in the tech world. Join us in San...

Kaytex Fabrics Shares Debut 20% Below IPO Price Despite Strong Subscription Response

AIMPWAAugust 5, 2025

New Delhi, Aug 5 (KNN) Kaytex Fabrics shares made a disappointing market debut on Tuesday, listing at 144 on the NSE SME platform, representing a 20 per cent discount to the initial public offering’s upper price band of Rs 180. The weak opening came despite the IPO receiving an overwhelmingly positive response from investors across all...

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Latest Posts

SEBI working on FPI cash-out delays case by case

Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital

Rupee gains 3 paise to settle at 85.33 against US dollar

Market meltdown: Sensex drops 1281 points; IT stocks lead decline amid profit-taking

NSE/BSE, Top Gainers & Top Losers Today 13 May 2025: Sun Pharma, Adani Ports, TCS, Infosys among movers

Indian IT Sector Faces Earnings Pressure from Stronger Rupee

M1xchange Secures USD 10 Mn Investment From Filter Capital To Expand MSME Lending

Broker’s Call: Fine Organic Industries (Buy)

MSMEs In Tier II & III Cities See 20% Revenue Growth After Joining ONDC: EasyPay

Broker’s Call: Britannia Industries (Outperform)

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Clay confirms it closed $100M round at $3.1B valuation

Three weeks after acquiring Windsurf, Cognition offers staff the exit door

Get startup insights from Chef Robotics, NEA, and ICONIQ at Disrupt 2025

Only 2 days left to save $675 on your Disrupt 2025 ticket

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Clay confirms it closed $100M round at $3.1B valuation

Three weeks after acquiring Windsurf, Cognition offers staff the exit door

Get startup insights from Chef Robotics, NEA, and ICONIQ at Disrupt 2025

Only 2 days left to save $675 on your Disrupt 2025 ticket

Kaytex Fabrics Shares Debut 20% Below IPO Price Despite Strong Subscription Response

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Clay confirms it closed $100M round at $3.1B valuation

Three weeks after acquiring Windsurf, Cognition offers staff the exit door

Get startup insights from Chef Robotics, NEA, and ICONIQ at Disrupt 2025

Only 2 days left to save $675 on your Disrupt 2025 ticket

Kaytex Fabrics Shares Debut 20% Below IPO Price Despite Strong Subscription Response

Flipkart Executives Meet Union Ministers To Discuss MSME Integration And Financial Inclusion