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Verlinvest-backed Veeba Food in talks for pre-IPO round, may list by year-end

New Delhi, July 15 -- Sauces and condiments maker Veeba Food is in talks with potential investors to raise funding ahead of a planned initial public offering that it could float by the end of this yea... Read More


Burnt fingers, cold feet: Inside NRI reluctance to fund India's dollar dream

New Delhi, July 15 -- Domestic banks do not expect significant FCNR(B) deposit inflows from the US under the Reserve Bank of India's (RBI) latest incentive scheme, as many non-resident Indians (NRIs) ... Read More


Ghosted indices: mutual funds generally ignore niche themes of exchanges, consider them too risky

New Delhi, July 15 -- Ever heard of the Nifty Waves index? Or the Nifty Sugar and Ethanol index? Don't be surprised if you haven't. Not every index launched by a stock exchange ends up as a benchmark... Read More


Wild start to earnings season lays bare the great AI divide

New Delhi, July 15 -- This earnings season, more than any other, will sort the winners from the losers-but it's going to be a volatile process. Two sentences in a shareholder letter from IBM's CEO ca... Read More


85% of Germans Disapprove of Chancellor Merz as Parliament Enters Summer Recess

New Delhi, July 15 -- BERLIN - Friedrich Merz walked into the Bundestag's summer recess this week carrying an approval rating that most German chancellors reach only at the end of a troubled term. A F... Read More


Sudan War Economy Profits Warring Factions, UN Rights Office Warns

New Delhi, July 15 -- GENEVA - The UN human rights office warned Tuesday that Sudan's two-year civil war has produced a self-sustaining economy of resource exploitation, giving both the Sudanese armed... Read More


Assam floods: Death toll rises to four, over 37,000 affected

Guwahati, July 15 -- The flood situation in Assam worsened on Wednesday, with the death toll rising to four and the number of affected people increasing to more than 37,000, according to the Assam Sta... Read More


Sprng, a new thread in Grasim's growth story as Birla's flagship

New Delhi, July 15 -- Mumbai: The $1.8 billion acquisition of Sprng Energy by Aditya Birla Renewables brings the spotlight on Grasim Industries, the Aditya Birla Group's flagship holding and incubatio... Read More


Emergent raises $130 mn from Creagis, Sentinel Global, Ranjan Pai's Claypond Capital

New Delhi, July 15 -- Vibe coding platform Emergent has raised $130 million in its Series C round of funding, co-led by Creagis, MNI Ventures, Ranjan Pai's Claypond Capital and San Francisco-based Sen... Read More


Emergent raises $130 mn from Creaegis, Sentinel Global, Ranjan Pai's Claypond Capital

New Delhi, July 15 -- Vibe coding platform Emergent has raised $130 million in its Series C round of funding, co-led by Creaegis, MNI Ventures, Ranjan Pai's Claypond Capital and San Francisco-based Se... Read More