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Shares of private sector banks like Axis Bank, ICICI Bank and HDFC Bank, witnessed a sharp decline in Tuesday’s trading session amid weak sentiment across Dalal Street. Shares of ICICI Bank and Axis Bank fell more than 2% each on the NSE, while HDFC Bank’s stock price declined ar
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Ola Electric Mobility’s fundraise of up to ₹1,500 crore should give its turnaround journey more runway, especially since it is burning cash while investing heavily in manufacturing and battery technology. But coming just three months after it raised ₹780 crore through a qualified
As Congress faces a reckoning over sexual misconduct, House and Senate lawmakers are looking to overhaul the rules in both chambers. Last week, Rep. Teresa Leger Fernández, D-N.M., presented to House Democrats revisions they could make to their internal caucus rules to clamp down
The News This fall’s battle for House control is exposing a divide between two types of Democratic candidates — prominent battleground hopefuls with well-stocked campaign coffers, and lesser-known challengers whose fundraising is struggling to keep up with the GOP. Leaders in the
The round saw participation from Anupam Mittal, Kunal Shah, Tanmay Bhat, Gaurav Munjal, Roman Saini, Abhishek Goyal, the JK Tyre family office, and Shadowfax founders Abhishek Bansal and Vaibhav Khadelwal. Early backer PedalStart also participated in the round. Iztri plans to dep
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Samsung and TSMC, the world's two biggest chipmakers, have committed to using ASML's High NA extreme ultraviolet (EUV) lithography machines, as demand grows for more advanced chips. ASML's EUV lithography machines are critical tools that are used to print circuit patterns onto si
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India’s broking industry added around 5.12 lakh net active clients in August. Groww accounted for nearly 44% of these additions. The market leader added 2.23 lakh active clients during the month, while Sahi recorded the fastest growth among the top 20 brokers. Groww’s active clie
Shares of enterprise cloud and AI company ESDS Software Solution hit the 20% upper circuit for the third consecutive session today, taking the stock to more than three times its IPO issue price. The stock was locked at ₹1,289.55 apiece on the BSE, taking ESDS’ market capitalisati
B2B pharma distribution startup Fundly.ai has raised $4 Mn (about ₹38 Cr) in a pre-Series A funding round co-led by existing investor Accel and Multiply. Former RBL Bank executive director Rajeev Ahuja and a group of undisclosed angel investors also participated in the round. Sep
It's festive season again and in Bengaluru's upscale neighbourhoods, the sight of women in colourful uniforms — black, purple, pink or green — is becoming too commonplace to ignore. Most of these women, gig workers for the likes of Urban Company, Snabbit or Pronto, are stationed
Mistral on Tuesday said it raised 3 billion euros ($3.5 billion) in fresh funding led by memory chip giant Samsung, as the French startup looks to position itself as a European alternative to rivals like OpenAI and Anthropic. The investment also involved the Scaleup Europe Fund,
D2C athleisure brand BlissClub recently raised Rs 160 crore ($16.8 million) in a Series B round led by Singularity AMC, with Meesho CEO Vidit Aatrey and existing investors Elevation Capital and Eight Roads Ventures also participating. The funding comes amid continued investor int
Watertech startup DigitalPaani has raised ₹22 Cr (about $2.3 Mn) in a funding round led by Navam Capital. Enzia Ventures, Chakra Growth Capital, 3one4 Capital, Momentum Capital, Achieving Women Entrepreneurs Early Growth Fund, and Echo River Capital also participated in the round
When a D2C brand is small, it is relatively easy to know what is working for it. A founder can see which products are selling, which customers are returning and where the money is being spent. But as the business grows, that visibility can start to fade. This leaves D2C founders
My first job out of Berkeley was in enterprise integration, where we connected complex systems like ERP and supply chain platforms, within and across companies, to ultimately deliver a smoother end user experience. That was where I first understood and appreciated both the import
Reliance Jio is targeting September 2027 for the test launch of satellites for its proposed 1,600-satellite low Earth orbit (LEO) constellation, as the telecom giant steps up its satellite broadband play. The test launch will involve placing a few satellites in orbit to evaluate
Intel surpasses one million High-NA EUV wafers processed, outpaces the rest of the industry combined — company also trailblazing giant 6×12 photomasks to speed production and lower costs Stitching to be used in the near term future with High-NA tools, but larger 6×12 photomasks e
A pair of heels, a saree or a kurta bought for Diwali could easily be worn again at a wedding or a family function. Similarly, a skin or haircare product picked up during a festive sale may end up becoming part of the shopper’s daily routine. But there is no guarantee that the sh
Logistics and ecommerce enablement platform Shiprocket is showing signs of moving closer to profitability in its first quarterly results after going public. The company’s consolidated net loss narrowed 24% year-on-year to Rs 13.7 crore in Q1 FY27, compared with Rs 18 crore in the
Healthcare-focused venture firm W Health Ventures (WHV) has closed its second fund at Rs 700 crore, oversubscribing its initial target of Rs 630 crore. The fund plans to build 8–10 healthcare companies from the pre-idea stage to category leaders over the next four years. W Health
Healthtech-focused VC firm W Health Ventures has closed its second fund at ₹700 Cr (about $84 Mn), sailing past its original target corpus of ₹630 Cr. A combination of family offices and institutional investors from India and the US were the limited partners (LPs) that backed the
Novartis' failure in a closely watched cardiovascular trial has raised questions about one of the pharmaceutical industry's biggest drug races and rival treatments from U.S. heavyweights Amgen and Eli Lilly. The pelacarsen drug, developed jointly with Ionis Pharmaceuticals, reduc
Mumbai-based B2B pharma distribution startup Fundly.ai has raised $4 million in a funding round led by existing investors Accel and Multiply Ventures, along with participation from former RBL Bank executive director Rajeev Ahuja and other angel investors. The company also raised
ARM’s most recent ‘Tech’ Day was an embarrassment for the company, destroying a reuptation for solid messaging built over a decade. While there might have been one, SemiAccurate can’t think of a worse briefing in the 20+ years we have been covering the industry, it was that bad.
A&E did not get the basics right - my son's life was ruined at 32 - Published In May 2024, a few months after having treatment for a brain tumour, Oli Coppock went to Warrington Hospital's emergency department with bad headaches and dizziness. He underwent tests and assessments,
The Rs 125 crore IPO was priced at Rs 239 per share and comprised entirely a fresh issue of 52.30 lakh shares. Ahead of the public issue, the company raised Rs 50 crore from anchor investors, with the anchor bidding process taking place on August 31, 2026. The IPO, which remained
Eric Wu built and ran Opendoor, one of the more ambitious real estate startups of the last decade, before stepping away in 2022 after fast-rising interest rates abruptly slowed down home sales. He spent a year resetting — he’d been running the company for eight years at that poin
NSE's Nifty fell 118.55 points or 0.5% to close at 23,779.15. BSE's Sensex declined 382.62 points or 0.5% to end at 76,132.81. "The underperformance of Indian equities has coincided with the upswing in oil prices due to renewed tensions," said Sham Chandak, head of institutional
Iran said on Monday that energy infrastructure across the Gulf, including US oil and gas interests, could be vulnerable. The warning came after tit-for-tat strikes over the weekend, with no indication of a diplomatic breakthrough. Crude oil price on September 8 Brent crude future
Total new business premium rose 33% year-on-year to ₹41,198 crore in August, showed data released by Life insurance Council. At the same time, retail-weighted premium calculated by giving full weight to individual non-single premium and 10% weight to individual single premium, gr
In the Nifty500 pack, six stocks' closing prices crossed above their 200-day moving averages (DMA) on September 7, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a sto
Bombardier pointed out its footprint in the U.S. after President Donald Trump said the Canadian airplane manufacturer must build in America to access the local market. "NO MORE SELLING BOMBARDIER IN THE UNITED STATES!" Trump wrote on Truth Social Monday. "If they want our Market,
FUNDAMENTALS Spot gold was up 0.3% at $4,418.79 per ounce, as of 0048 GMT. U.S. gold futures for December delivery were down 0.3% at $4,464.80. The U.S. dollar index slipped 0.3%, making greenback-priced metals more affordable for other currency holders. The U.S. producer price i
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