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Surat Textiles Traders Form 16-Member Arbitration Panel To Resolve Disputes

AIMPWAMarch 11, 2025

Surat, Mar 11 (KNN) The Federation of Surat Trade and Textile Associations (FOSTTA) has formed a 16-member arbitration panel to be chaired by retired Delhi judge Surinder Aggarwal. This newly established body aims to efficiently resolve business disputes within the textile sector. The panel will focus on addressing financial disagreements and quality-related issues between parties...

Govt Forming SPV For Regional Transport Aircraft Manufacturing

AIMPWAMarch 11, 2025

New Delhi, Mar 11 (KNN) Civil Aviation Minister K Rammohan Naidu announced on Monday that the government is establishing a special purpose vehicle dedicated to manufacturing regional transport aircraft. Speaking in the Rajya Sabha, the minister affirmed that India now has the necessary policies in place to manufacture aircraft and their components domestically. Responding to...

With 2% Increase, Wheat Production To Reach Record 115 Mn Tons In 2024-25: Govt

AIMPWAMarch 11, 2025

New Delhi, Mar 11 (KNN) India’s wheat production is expected to reach a record 115.3 million tonnes (MT) during the 2024-25 crop year (July-June), reflecting a 2 percent increase over the previous year, according to the second advance estimate of major crops released by the agriculture ministry on Monday. The government’s projection addresses concerns about...

IndusInd Bank Shares: Plunges 23% as net worth hit on discrepancies in derivative accounts, What analysts say?

AIMPWAMarch 11, 2025

Shares of IndusInd Bank plummeted nearly 23 per cent after it reported discrepancies in derivative portfolio, which could lead to an adverse impact on its net worth by ₹1,530 crore. IndusInd shares tumbled 21.54 per cent to trade at ₹706.50 as at 10.53 am, after hitting a low of ₹696.65 on Tuesday. The stock has...

Daily VRR auctions: Banks seem to be losing appetite for drawing short-term funds

AIMPWAMarch 11, 2025

Banks seem to be losing appetite for drawing short-term funds, going by the demand at the daily variable rate repo (VRR) auction conducted by the Reserve Bank of India (RBI). Funds drawn by them as a percentage of the notified amount has been in the range of 16-23 per cent at the daily VRR auctions...

Unions repeat demand to merge four PSU general insurance companies

AIMPWAMarch 10, 2025

General Insurance Employees’ All India Association has reiterated its long standing demand for the formation of a single corporation by merging all the four public sector general insurance companies for a financially stronger and stable entity. This has greater significance and can cater to the social and economic needs of the policyholders and the...

Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore

AIMPWAMarch 10, 2025

Asset Reconstruction Company (India) Ltd (Arcil) has acquired Ujjivan Small Finance Bank’s non-performing and written-off loans from its microfinance portfolio aggregating ₹365.5 crore for ₹34.26 crore. This translates into a steep 94 per cent haircut for Ujjivan SFB. The bank carries an overall provision of 66.51 per cent on the above pool of microfinance loans....

IndusInd Bank estimates ₹1,530 crore adverse impact due to discrepancies in derivative portfolio

AIMPWAMarch 10, 2025

Private sector lender IndusInd Bank today said it has noted some discrepancies in its derivative portfolio, which could lead to an adverse impact on its net worth by ₹1,530 crore. The Bank’s net worth stood at ₹65,102 crore as of December 2024. “During internal review of processes relating to Other Asset and Other Liability accounts...

Union Power Minister Manohar Lal Inaugurates GRIDCON 2025 In New Delhi

AIMPWAMarch 10, 2025

New Delhi, Mar 10 (KNN) Union Minister of Power and Housing & Urban Affairs, Manohar Lal inaugurated GRIDCON 2025 – The International Conference cum Exhibition on 9th March 2025 at IICC, Yashobhoomi, Dwarka, New Delhi. The ceremony was attended by Union Minister of State for Power & New & Renewable Energy, Shripad Yesso Naik. The...

KVIC’s Mahakumbh Exhibition Achieves Record Rs 12.02 Crore Sales

AIMPWAMarch 10, 2025

New Delhi, Mar 10 (KNN) The Khadi and Village Industries Commission (KVIC), under the Ministry of Micro, Small & Medium Enterprises (MSME), successfully organised a national-level exhibition during the Mahakumbh from January 14 to February 27, 2025. The exhibition achieved record-breaking sales of Khadi products worth Rs 12.02 crore. Manoj Kumar, Chairman of KVIC, announced...

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Grifin secures $11M to make investing less intimidating

AIMPWAJune 18, 2025

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured an $11 million Series A funding round, bringing the total amount raised to around $22 million. Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its...

Voi CEO says he’s open to acquiring Bolt’s micromobility business

AIMPWAJune 18, 2025

Shared micromobility startup Voi is on the hunt for acquisitions. And on CEO Frederik Hjelm’s wishlist is Bolt, the European mobility super-app best known for ride-hailing. Not that Bolt’s micromobility business is necessarily for sale — despite talk of Voi buying the company’s scooter and bike arm. Bolt declined to comment when TechCrunch reached out. ...

Seed to Series C: What VCs actually want from AI startups

AIMPWAJune 18, 2025

AI investments hit $110 billion in 2024, and the funding landscape in 2025 is more competitive than ever. For early-stage startups, that means more money in the market, but also more pressure to stand out. At TechCrunch Sessions: AI, Rebecca Bellan sat down with three experienced investors: Jill Chase, Partner at CapitalG; Kanu Gulati, Partner...

STARTUPs

5 days left to save up to $210 on your TC All Stage pass

AIMPWAJune 18, 2025

5 days until prices rise! Are you ready to scale or stall? Time’s ticking. Ticket prices for TechCrunch All Stage go up after June 22 at 11:59 p.m. PT. Founders save $210, and investors save $200. Register here to fuel your growth with a discount. Join 1,000 founders and investors on July 15 at Boston’s...

Grifin secures $11M to make investing less intimidating for its female user base

AIMPWAJune 18, 2025

Grifin, an investment app that simplifies investing by automatically purchasing stocks in brands where users regularly shop, announced on Wednesday that it has secured a $11 million Series A funding round, bringing the total amount raised to around $22 million. Alongside the announcement, Grifin also revealed it has surpassed 500,000 registered users, indicating that its...

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Latest Posts

Surat Textiles Traders Form 16-Member Arbitration Panel To Resolve Disputes

Govt Forming SPV For Regional Transport Aircraft Manufacturing

With 2% Increase, Wheat Production To Reach Record 115 Mn Tons In 2024-25: Govt

IndusInd Bank Shares: Plunges 23% as net worth hit on discrepancies in derivative accounts, What analysts say?

Daily VRR auctions: Banks seem to be losing appetite for drawing short-term funds

Unions repeat demand to merge four PSU general insurance companies

Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore

IndusInd Bank estimates ₹1,530 crore adverse impact due to discrepancies in derivative portfolio

Union Power Minister Manohar Lal Inaugurates GRIDCON 2025 In New Delhi

KVIC’s Mahakumbh Exhibition Achieves Record Rs 12.02 Crore Sales

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Grifin secures $11M to make investing less intimidating

Voi CEO says he’s open to acquiring Bolt’s micromobility business

Seed to Series C: What VCs actually want from AI startups

5 days left to save up to $210 on your TC All Stage pass

Grifin secures $11M to make investing less intimidating for its female user base

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