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Monday, November 4, 2024
TopicFunding

Topic: funding

China is elevating relations with Africa. Why its $51 billion funding is highly misleading

The last India-Africa Forum Summit took place in New Delhi way back in 2015, and significant shifts in global geopolitics and geoeconomics have occurred since then.

Biden administration announces $3 billion in federal funding to replace lead water pipes

The White House said that lead exposure disproportionately affects low-income communities and communities of color.

Adani Green plans to raise $1.5 bn to fund its green diversification, reports Bloomberg News

The report comes after two other Adani group companies - Adani Transmission and Adani Enterprise - revealed plans to raise up to $2.57 billion from the market.

India’s Aditya Birla Capital to raise up to $213 million through issue of shares

The financial services firm will use the proceeds to invest in its units, joint ventures, and associates, among other corporate purposes, the term sheet said.

Where do India’s angel investors come from? No, most of them aren’t IIT, IIM grads

Increased awareness about start-ups and the world of angel investing has opened up avenues for investors from diverse educational backgrounds to enter the fray.

Chennai is India’s fastest-growing startup hub, says report. Pune, Hyderabad closing in

Report by Inc42 platform predicts 2023 would be about mergers & acquisitions, smaller initial public offers, more unicorns than in 2022 & the continuation of the layoff trend.

Edtech start-ups funding down 50% in Q2 2022 from Q1, report says. Insiders blame ‘bad phase’

Funding in the Indian start-up ecosystem also tanked by 40 per cent from USD 11.3 billion in the first quarter to settle at USD 6.8 billion in the second quarter.

Allahabad High Court seeks details on funding of religious institutions from Yogi govt

The High Court also sought record of syllabi/courses, standards of recognition including need for playgrounds at madrasas & other religious institutions within 4 weeks.

Twitter rival Koo raises Rs 218 crore in Series B funding led by Tiger Global

The fund raising comes amid new IT intermediary rules taking effect, translating into greater accountability and scrutiny for social media companies, including Twitter and Facebook.

Trump is considering spending $100 million of his own money to fund re-election

Though Trump personally contributed $66 million to his 2016 campaign, it would be unprecedented for an incumbent president to put his own money toward winning a second term.

On Camera

Royal Enfield bikes are the new rage in Bangladesh. What happens to ‘boycott India’ now

Royal Enfield has launched four 350cc models—Hunter, Classic, Bullet, and Meteor—priced between Bangladeshi Taka 3.4 lakh and 4.35 lakh in Bangladesh.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.