upGrad commits Rs 200 Cr scholarship programme to under PM’s internship scheme

Edtech firm upGrad has committed a scholarship pool of Rs 200 crore to train approximately one lakh learners this fiscal year. This initiative aims to boost talent mobility and support…

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RBI bans DMI Finance, Navi Finserv among 4 NBFCs from lending over regulatory violations

Reserve Bank of India (RBI) has issued a cease and desist order to several NBFCs, including DMI Finance and Navi Finserv, due to supervisory concerns related to their pricing policies.…

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Simplismart bags $7M in Series A funding round led by Accel

Simplismart has secured $7 million in Series A funding round led by Accel, with participation from Shastra VC, Titan Capital, and high-profile angels, including Akshay Kothari, Co-founder of Notion. The new…

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Why more and more Japanese startups are looking at India From Japan to India: Panel debates an ecosystem of opportunities

The Japan External Trade Organization (JETRO) is on a mission to strengthen the India-Japan corridor. The organisation, which supports Japanese startups and enterprises either aiming to make their presence felt…

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Zomato to consider fresh capital raise via QIP amid rival Swiggy’s IPO plans

Zomato is planning to raise fresh capital by issuing new equity shares through a Qualified Institutions Placement (QIP), it said in an NSE filing.QIPs are a way for publicly listed…

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India poised to be third largest global economy by 2030, rising population presents challenges: S&P

India is poised to be the third largest global economy by 2030, but its rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity,…

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India’s fast growing economy, large population to drive carbon-intensive product demand: Moody’s

Moody's Ratings on Thursday said India has made rapid progress building its renewables capacity, but its fast-growing economy and expanding population will drive up carbon-intensive product demand.Moody's expects India to…

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India’s logistics cost will come down to single-digit in two years: Gadkari

Union Road Transport and Highways Minister Nitin Gadkari on Thursday said India's logistics cost will come down to single-digit within the next two years.Addressing an event organised by NITI Aayog,…

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