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BUSINESS

Reliance Power unit signs ₹10,000-crore solar-battery project deal with SECI

AIMPWAMay 2, 2025

Reliance NU Suntech secured this allocation through SECI’s Tranche XVII auction in December 2024, outcompeting four other energy companies | Photo Credit: AMIT DAVE Reliance Power Limited announced today that its subsidiary, Reliance NU Suntech Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) to develop...

Mutual Fund industry sees ₹25,000 Cr net inflow in Q4 FY25, equity leads the surge: Report

AIMPWAMay 2, 2025

The Indian mutual fund industry recorded net inflows of approximately ₹25,000 crore in the last quarter, according to a report by Motilal Oswal Asset Management Company. The inflows were largely driven by equity-oriented schemes, even as debt funds saw outflows. The report said, “The MF Industry recorded net inflows of approximately ₹25k crore in the...

Watch out these stocks: IndusInd Bank, automobile companies, Zomato IDFC First Bank, Dixon Tech, Gland Pharma, HPCL, Diamond Power, NCC, RateGain Travel

AIMPWAMay 2, 2025

Private sector lender IndusInd Bank may tap Axis Bank deputy MD Rajiv Anand for the MD, CEO role at the lender, after former CEO Sumant Kathpalia resigned from his post taking moral responsibility for the discrepancies found in the lender’s derivatives portfolio, sources say. “…Obviously, Rajiv would be one of the candidates. Whether he wants...

BUSINESS

SEBI’s new rules on related party deals stir compliance jitters, legal ambiguities

AIMPWAMay 2, 2025

SEBI has also expanded the scope to include entities related in the past financial year and not just the current year – increasing the number of transactions caught by the rules, practical challenges in tracking relationships and maintaining compliance records. | Photo Credit: iStockphoto India Inc is bracing for fresh compliance challenges and legal ambiguities...

BUSINESS

Share Market Live Updates 2 May 2025: Stock to buy today: Devyani International (₹178.55)

AIMPWAMay 2, 2025

Businessman using laptop trading and analysis data on stock market investments funds and digital assets, Economy, Financial, Banking and exchange currency, Business investment and finance technology istock photo for BL | Photo Credit: iStockphoto tock Market Today | Share Market Live Updates 2 May 2025: Find here all the highlights related to Sensex, Nifty, BSE,...

Four of every 5 major India dams hold less than half their capacity

AIMPWAMay 1, 2025

The water level in over 80 per cent of India’s 161 major reservoirs dropped below 50 per cent this week, while the overall storage in the dams was below 35 per cent, data from the Central Water Commission (CWC) showed. According to CWC’s weekly bulletin on the status in the 161 reservoirs, the level dropped...

Wilmar stake-sale boosts profits of Adani Enterprises for FY25; declares dividend

AIMPWAMay 1, 2025

Riding on Adani Wilmar’s stake-sale, the flagship entity of Adani Group, Adani Enterprises, on Thursday reported a consolidated Profit After Tax (PAT) of ₹7,112 crore for financial year 2024-25, a growth of almost 120 per cent over the previous year. However, the consolidated PAT numbers include a post-tax exceptional gain of ₹3,286 crore from 13.5...

Services Firms Below Rs 500 Crore Output Generate 63% of Jobs: Report

AIMPWAMay 1, 2025

New Delhi, May 1 (KNN) According to the first pilot study on Annual Survey of Services Sector Enterprises (ASSSE), Services enterprises with an output of less than Rs 500 crore accounted for over 63 per cent of total employment in India. The study reveals a stark contrast in economic contributions between smaller and larger enterprises....

BUSINESS

Sufficient checks, balances there to tackle frauds: SEBI chief

AIMPWAMay 1, 2025

SEBI Chairman Tuhin Kanta Pandey | Photo Credit: SHASHANK PARADE India has sufficient checks and balances to tackle frauds, and nobody should have the impression that “systems are not working” whenever any scam comes to light, SEBI Chairman Tuhin Kanta Pandey has said. SEBI’s newly-appointed chief said generally there is a tendency to be influenced...

India may export up to 8 lakh tonnes of sugar this season: Food Secretary

AIMPWAMay 1, 2025

India, the world’s leading sugar-producing country, may export up to 8 lakh tonnes of sugar, lower than the permitted quota of 10 lakh tonnes in the 2024-25 season ending September, a top government official said on Thursday. So far, the country has shipped 3 lakh tonnes of sugar and about 60,000 tonnes is at ports...

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

AIMPWAJune 18, 2025

Sam Altman and “his tech CEO friends” have a betting pool on the year we will see the first one-person billion-dollar company. The idea of a single person reaching a billion-dollar valuation for a startup would have been unthinkable without AI. But single-person, AI-first businesses have been sprouting all over the tech industry and Birk...

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...

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Latest Posts

Reliance Power unit signs ₹10,000-crore solar-battery project deal with SECI

Mutual Fund industry sees ₹25,000 Cr net inflow in Q4 FY25, equity leads the surge: Report

Watch out these stocks: IndusInd Bank, automobile companies, Zomato IDFC First Bank, Dixon Tech, Gland Pharma, HPCL, Diamond Power, NCC, RateGain Travel

SEBI’s new rules on related party deals stir compliance jitters, legal ambiguities

Share Market Live Updates 2 May 2025: Stock to buy today: Devyani International (₹178.55)

Four of every 5 major India dams hold less than half their capacity

Wilmar stake-sale boosts profits of Adani Enterprises for FY25; declares dividend

Services Firms Below Rs 500 Crore Output Generate 63% of Jobs: Report

Sufficient checks, balances there to tackle frauds: SEBI chief

India may export up to 8 lakh tonnes of sugar this season: Food Secretary

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

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

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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

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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After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns

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