Startup news and updates: Daily roundup
Honestly, an AI-driven beauty and personal care platform, has raised Rs 3.2 crore in pre-seed funding led by Better Capital and QED Innovations, with participation from senior…
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Honestly, an AI-driven beauty and personal care platform, has raised Rs 3.2 crore in pre-seed funding led by Better Capital and QED Innovations, with participation from senior…
Google, through its unit Alphabet Inc., is reportedly leading a funding round for Glance InMobi Pte., aiming to raise up to $250 million soon. The investment underscores Google's…
Japan, after three decades of economic stagnation, is poised for a transformative revival through tech innovation and entrepreneurship. A tight labor market is empowering young…
Announced in April this year for seed to Series A startups, ‘Google for Startups Accelerator: AI First’ programme received 1,030 applications\r The programme is targeted at…
The Reserve Bank of India RBI has noted that India's natural rate of interest has increased in the post-pandemic period due to growth in potential output. As per the RBI's monthly…
The road to privatise IDBI Bank has significantly advanced with the Reserve Bank of India RBI giving its approval to potential investors. Initiated by the NDA government in May…
The Reserve Bank of India RBI announced on July 18 that it has imposed monetary penalties on four cooperative banks for various rule violations. The banks penalized include The…
According to a recent article in the Reserve Bank of India's bulletin, escalating food prices pose a substantial threat to India's inflation trajectory by potentially influencing…
Foreign banks have become pivotal investors in India's debt market, surpassing even the net inflows into JP Morgan index-eligible bonds, states a Reserve Bank of India economic…
The RBI's July Bulletin notes that deposits are India's preferred savings method, with market instruments gaining traction. Prakash et al. detail financial assets/liabilities and…
In Hyderabad, Chief Minister A Revanth Reddy's proposal for a loan waiver has sparked debate, while the Reserve Bank of India RBI and National Bank for Agriculture and Rural…
The Indian government has mandated 100% solarisation of all its buildings by 2025 under the PM Surya Ghar scheme. This initiative applies to government offices under Central,…
Air India has introduced two new separation schemes for non-flying permanent staff ahead of its merger with Vistara. The voluntary retirement scheme VRS targets employees with…
South Indian Bank reported robust financial results for Q1 FY25, with a significant 45% year-on-year increase in net profit, reaching ₹294 crore compared to ₹202 crore in Q1 FY24.…
The Delhi High Court has issued a stay on IDBI Bank's order to classify Atul Punj's account as fraud in relation to loans taken by Punj Lloyd. The court allowed the lender to…
Bank of India BoI successfully raised Rs 5,000 crore through 10-year infrastructure bonds at a coupon rate of 7.54%. The issue, which initially aimed at Rs 2,000 crore, included a…
HDFC Bank, following its merger with subsidiaries, is focusing on profitable growth and maintaining high asset quality. CEO Sashidhar Jagdishan emphasized the bank's strategic…
LTIMindtree has secured a significant multi-million-dollar contract extension with Absa Bank, a prominent African financial services group. This renewal underscores a 17-year…
Finance Minister Nirmala Sitharaman is gearing up to present India's FY24-25 Union Budget on July 23, 2024. Despite diminishing direct impact on equity markets in recent years due…
The Indian government awaits the RBI’s assessment of potential bidders for IDBI Bank by month-end to expedite the majority stake sale. Four bidders have submitted initial bids,…
A law student moved the Bombay High Court after a professor allegedly tore up their answer sheet during an examination. The petitioner sought the court's intervention to safeguard…
Former Madras High Court judge P.N. Prakash has been appointed as the Special Public Prosecutor by the Supreme Court for a significant NIA case. This decision aims to ensure…
The Calcutta High Court has fined a lawyer ₹1 lakh for contempt after he accused a judge of bias without evidence. The court found the accusation baseless and damaging to judicial…
The Kerala High Court has issued a stay on the Governor's notification forming a search committee for the Vice-Chancellor of Kerala University of Fisheries and Ocean Studies KUFOS…
The Tripura High Court has issued guidelines to enhance the investigation process in missing persons cases, emphasizing prompt action and sensitivity. These guidelines aim to…
The Supreme Court has ordered the interim release of YouTuber Savukku Shankar from preventive detention. Shankar was detained under the Goondas Act for allegedly making defamatory…
The Delhi High Court sought responses from the Bar Council of Delhi BCD and the Delhi High Court Bar Association DHCBA regarding a PIL challenging the 33% women quota in bar…
The Allahabad High Court has ruled that individuals facing criminal charges do not require court permission to obtain passports, stating that such permission is unnecessary under…
In a recent ruling, the Supreme Court granted interim relief to Suvakku Shankar, staying his preventive detention under the Tamil Nadu Goondas Act. The Court emphasized the…
In a significant verdict, the Ajmer Court acquitted a Dargah cleric accused in the murder of Nupur Sharma and Kanhaiya Lal. The court found no evidence of provocation to kill in…
In the case discussed, co-owners of immovable property claimed independent service provider status for service tax exemption. The CESTAT ruled that the arrangement did not…
In a recent ruling, the Haryana RERA directed Shine Buildcon to compensate a complainant for delayed possession of a shop, ordering interest payment at a rate of 10.75% per annum…
Jwalant Nanavati has been appointed Head of Investment Banking, Asia ex-Japan, at Nomura, effective July 17, 2024. He will also remain Head of Southeast Asia with added…
Canara Bank stock price went down today, 18 Jul 2024, by -0.22 %. The stock closed at 116.05 per share. The stock is currently trading at 115.8 per share. Investors should monitor…
Hdfc Bank stock price went down today, 18 Jul 2024, by -0.33 %. The stock closed at 1619.9 per share. The stock is currently trading at 1614.5 per share. Investors should monitor…
Yes Bank stock price went down today, 18 Jul 2024, by -1.6 %. The stock closed at 26.18 per share. The stock is currently trading at 25.76 per share. Investors should monitor Yes…
Bank Nifty Stock Price Live Updates: At 16:45 Bank Nifty was trading at 52620.7 0.43% . Today Bank Nifty has been trading in the range of 52782.75 to 52168.65. Nifty futures are…
Launchpad Kashmir' has emerged as a beacon of hope for Kashmir's nascent startup ecosystem, amidst frequent internet shutdowns and communication challenges in the region.…
Justices N. Kotiswar Singh and R. Mahadevan have been sworn in as new Supreme Court judges, bringing the court back to full strength. Their oath-taking ceremony marks a…
In a recent ruling, the Supreme Court held that constitutional courts can grant bail despite statutory restrictions if the right to a speedy trial under Article 21 is violated.…
In a recent decision, the Rajasthan High Court clarified the applicability of Section 27 of the Indian Evidence Act concerning confessions leading to discoveries. The court ruled…
The Supreme Court, in a recent decision, emphasized the award of permanent alimony to ensure a decent standard of living for wives post-divorce. Factors considered include the…
In a recent ruling, the Supreme Court upheld Punjab's 2003 policy granting exemptions from market fees and rural development fees on notified agricultural produce. The court…
The Madras High Court allowed a BJP protest in Tirunelveli, emphasizing the right of expression as fundamental under Article 19 1 a of the Constitution. The court rejected the…
The Punjab and Haryana High Court addressed allegations of sexual harassment and fund misuse against the HC Bar President. The court emphasized the Bar Council's duty to uphold…
The Kerala High Court has issued a stay on the Governor's move to constitute a Search-cum-Selection Committee for appointing a Vice-Chancellor. The court's decision halts the…
The Kerala High Court has mandated that the Business Not Substantial Scheme BNSS applies to all appeals filed post-July 1st. The guidelines stipulate that matters subject to BNSS…
The Kerala High Court upheld a lower court's decision to deny bail to Abdul Rahman, accused of a loan fraud case involving a Sharjah bank. The court noted that Indians' reputation…
The Jammu and Kashmir High Court ruled that under Section 67 of the NDPS Act, mere confession by a co-accused is insufficient grounds for conviction without additional…
The Karnataka High Court ruled on the interpretation of Section 115 of the Trade Marks Act concerning appeals against orders of the Registrar of Trade Marks. The court clarified…
Honestly, an AI-driven beauty and personal care platform, has raised Rs 3.2 crore in pre-seed funding led by Better Capital and QED Innovations, with participation from senior…
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