BUSINESS
Indian edtech funding dips 48%, no new unicorn to date this year
Only one over $100 million funding round took place this year (till August 7).
Nifty rises on Monday, makes steady gains
Volumes on the NSE were higher than recent average. Broad market indices rose more than the Nifty even as the advance decline ratio was high at 1.69:1.
EMS Limited fixes price band of Rs 200-211 for its IPO
Set to open on Friday, the IPO for aggregating Rs 14,624.00 lakh through fresh issue of Equity Shares & 82,94,118 equity shares under Offer for Sale by the Promotor, Ramveer Singh.
IndiGo’s board grants approval for establishment of Venture Capital division
“This new division's primary focus will be investing in early-stage companies operating in aviation and related consumer sectors, such as travel, lifestyle, hospitality, and transportation,” said an airline official.
Metal, IT stocks lead as Nifty moves up
Nifty 50 index advanced 94 points to settle at 19,529 while the Sensex ended at 241 points higher at 65,628.
Cognizant veteran Rajesh Nambiar appointed as Nasscom Chairperson
Nambiar takes on the new role from his previous role as Vice Chairperson succeeding Anant Maheshwari, ex-President of Microsoft India and now President and CEO of Honeywell’s High Growth Region portfolio.
Adani-Hindenburg matter: SC to consider fresh status report filed by SEBI on Sep 15
As per the details available on the official website of the apex court, a bench headed by CJI D.Y. Chandrachud is likely to take up the pleas for hearing on September 15.
Blind mother left unattended by Vistara airline, says son
"@Vistara Airlines, how could you put my blind mother in danger like this?! Are you not responsible for taking care of disabled passengers who are left under your supervision and assistance whilst travelling?! SHOCKING!" Ayush Kejriwal wrote on the social networking site while narrating the entire episode in a video.
Nazara Tech to issue 14 lakh shares worth Rs 100 cr to Nikhil Kamath's firms
The shares, worth nearly Rs 100 crore, will be issued to Kamath Associates and NKSquared -- a partnership firm represented by its partners Nikhil and Nithin Kamath, the company said in a BSE filing.
UK government in advanced talks over £500m Tata Steel aid package
Whitehall officials and Tata Steel are close to agreeing a deal that would commit more than £1bn to the future of its Port Talbot steelworks, but which could ultimately result in thousands of job losses, Sky News reported.
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