The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…
Union cabinet has approved construction of a 4-lane access-controlled greenfield corridor from Gohpur (NH-15) to Numaligarh (NH-715), including a 15.79-km road-cum-rail underwater tunnel under the Brahmaputra, at a total capital cost of Rs 18,662 crore, the government said.The total project length will be about 33.7 km, and will be implemented on an Engineering, Procurement and…
The Union Cabinet has approved the extension of the Noida Metro Aqua Line from Botanical Garden to Noida Sector 142, a move aimed at strengthening urban connectivity in one of the fastest-growing manufacturing and services hubs in the National Capital Region.The project will be implemented by the Noida Metro Rail Corporation Limited (NMRC) and will…
Valentine’s day is here and people are rushing to shower their loved ones with gifts. February 14 is emerging as a big sales opportunity for quick commerce firms and digital-first brands, as people are shopping for fashion, jewellery, beauty, personal care and sexual wellness products. To tap into the momentum, platforms such as Zepto, Blinkit…
The Centre is pushing port-led infrastructure expansion in Andhra Pradesh, with four ports currently under construction, even as it steps up nationwide port modernisation and efficiency measures.As per information shared on Friday in Parliament, the ports under construction in Andhra Pradesh are Mulapeta Port (formerly Bhavanapadu Port) in Srikakulam district, Machilipatnam Port in Krishna district,…
NEW DELHI: India’s capital markets have remained resilient and recorded strong and sustained growth against the backdrop of geopolitical tensions, trade uncertainties, tariff barriers, the pandemic and emerging challenges such as AI, Securities and Exchange Board of India chairman (Sebi) Tuhin Kanta Pandey said on Friday.“This shows the underlying strength of our market institutions and…
IndiGo, the country’s largest airline is set to go on a hiring spree, bringing over 1,000 pilots on board. This comes after the aviation giant faced massive operational disruption last December, when the company was forced to cancel more than 5,000 flights within seven days.The fresh intake will span trainee first officers, senior first officers…
BENGALURU: Ola Electric Mobility reported revenue of Rs 504 crore for the Dec quarter, down 57% year-on-year from Rs 1,172 crore and 33% from Rs 756 crore in the Sept quarter. The company reported a loss of Rs 487 crore, narrower than the Rs 564 crore loss a year earlier but wider than the Rs…
MUMBAI: Reserve Bank of India has set a minimum net worth of Rs 500 crore for a company to be eligible for acquisition financing with even unlisted companies qualifying for such funding. Through its Amendment Directions, 2026, effective April 1, the central bank expands the credit activities commercial banks may undertake, with acquisition finance at…
MUMBAI: With arch-rivals India and Pakistan set to face off in the T20 World Cup in Colombo on Sunday, ad rates for the match have soared. Companies are rushing to book slots to place their brands and cash-in on the huge viewership the game is likely to attract. Ad rates for a 10-second TV slot…
