City Bangalore Financial News

Surge, Peak XV’s accelerator programme. Other investors in the round include Peer Capital, All In Capital and Better Capital. The new funding will be used to accelerate hiring and enhance the user experience on the online platform, said a statement from the company.

₹500 crore to expand its presence beyond North India. The unit is part of its ₹700 crore capex outlay planned for three-four years approved by its board last year. The facility will produce both milk and valued-added dairy products, said Mother Dairy Fruit and Vegetable Pvt.

Ministry of Railways posted on X. Prime Minister Narendra Modi flagged off the second Vande Bharat of Kerala on 24 September.

Pakistan: Fakhar Zaman, Babar Azam, Mohammad Rizwan, Shaheen Shah Afridi, Haris Rauf New Zealand: Devon Conway, Rachin Ravindra, Daryl Mitchell, Trent Boult, Mitchell Santner Pakistan: Abdullah Shafique, Fakhar Zaman, Babar Azam (c), Mohammad Rizwan (wk), Saud Shakeel, Iftikhar Ahmed, Agha Salman, Shaheen Shah Afridi, Usama Mir, Mohammad Wasim Jr, Haris Rauf New Zealand: Devon Conway, Will Young, Rachin Ravindra, Daryl Mitchell, Tom Latham (c & wk), Glenn Phillips, James Neesham, Mitchell Santner, Tim Southee, Tim Southee, Trent Boult The surface in Bangalore is preferred by the batters. However, scoring runs is quite easy in the stadium, so the team opting to bat first would be in a favourable position.

Provident Housing Ltd (PHL), a wholly-owned subsidiary of Puravankara Ltd, is in talks with HDFC Capital Advisors to raise more than Rs 1,000 crore to finance its growth plans. The proposed fundraise will be in the form of equity and the money will be used to build mid-income homes in the southern markets of Bangalore, Chennai, and Hyderabad, and to enter new markets. “Both the partners are in active discussion, and the fundraise is likely to be concluded over the coming quarters, depending on the terms of the deals.

Shapoorji Pallonji Real Estate on Wednesday said it has launched two housing projects in its 200 acre-township in Pune and is expecting a revenue of around Rs 1,500 crore from them. In a statement, the company said it is developing a 200 acre-urban development project 'SP Kingstown' in Pune's Hadapsar Annexe.

Gold pendants are a traditional way to express love, respect and blessings to one's loved ones during the Hindu festival of Dusseshra. Gold is a symbol of prosperity and wealth, and is believed to bring good luck and blessings to the recipient of the pendant. So, buy one precious gift for yourself or your loved one’s. List of the best Gold Pendants

₹78 per kilogram in the retail market in Delhi on Monday, as per the government data. Meanwhile, the all-India average price of onion touched around ₹50.35 per kg, the data showed. The minimum rate was ₹17 per kg, the maximum rate was ₹83 per kg and the modal price was ₹60 per kg, news agency PTI reported while citing the data compiled by the Department of Consumer Affairs on Monday.

Marico Group Chairman Harsh Mariwala has shared his views on the X platform. According to Mariwala, it is an undeniable fact that hard work is the backbone of success but, "It is not about the hours clocked in. It's about the quality and passion one brings to those hours".

celestial phenomenon is on the horizon as we approach the final lunar eclipse of 2023. This weekend, set your sights on the night sky as a partial lunar eclipse, known as Chandra Grahan, is poised to captivate India.

Karnataka government and the opposition BJP are locked in a war of words on allegations of poaching. Deputy Chief Minister DK Shivakumar has asked party MLAs to not give any statements or he will serve notice to them. Speaking on the poaching issue dubbed 'Operation Kamala', BJP leader Aswath Narayan said «There is no need for us to do the operation, the operation is going on inside them, there is a fight going on in his party for the post of CM.» Reacting to it, DK Shivakumar said that there are people who are trying to poach but no conspiracy will be succeeded. «We know there is a big conspiracy happening, but nothing will be succeeded. We know everything.

profiled banker and digital evangelist, Ashok Vaswani, who steps into the vacuum created by Uday Kotak's exit at Kotak Mahindra Bank (KMB) after nearly four decades at its helm. The key questions are: will Vaswani be able to settle the dust at KMB and compete in a fierce financial services market that is also tightly regulated? Read our Snapview for a sharp perspective on Vaswani's challenges at KMB. Meanwhile Subhash Narayan from our policy bureau in New Delhi reported that the Indian government is considering a clean up of public sector banks by drawing up a fresh list of which of those to privatise.

Co-working startup Innov8 has announced that it will double its footprint in the ongoing financial year FY 2023-2024. The company added 5 new centres in key business cities in India in early 2023 and is all set to inaugurate 5 more centres in the current quarter.

Armenia's IT industry has been experiencing tremendous growth and development and local startups including firms dealing with Artificial Intelligence are seeking active partnerships with Indian counterparts and open chapters in South Asia’s biggest market. Armenia has emerged as an attractive destination for technology companies and startups, thanks to its favorable business environment, skilled workforce and supportive government initiatives, local industry experts told ET. Armenia is home to some of the most industry disrupting startups in the medical crypto, AI, and design fields. With a large pool of tech talent and a history of noteworthy astrophysicists and chess grandmasters, it is no surprise that there are so many successful innovative tech startups.

MBA Rankings 2024, an annual suite of rankings identifying the world's top study destinations for aspiring business leaders. IIM Bangalore (ranked 48) is on top of the India list, edging out last year's top ranked IIM Ahmedabad, which takes 53rd spot this year, followed by IIM Calcutta and ISB at 59th and 78th positions, respectively. Last year, the same four institutes were in the top 100 with IIM Ahmedabad on top of the Indian leaderboard at rank 44, followed by IIM Bangalore (rank-50), IIM Calcutta (rank-68) and ISB (rank-78). A total of 11 Indian institutes — compared to nine last year — figure in the global MBA rankings by higher education analyst Quacquarelli Symond.

Narayana Murthy had established Infosys in 1981 with six other engineers with the idea that the firm is an “experiment in entrepreneurship" – a company of the professionals, for the professionals and by the professionals. Infosys was founded in Pune and is headquartered in Bangalore.

Backed by strong residential sales and collections from customers, property developers are not utilising credit lines sanctioned by their lenders including banks, housing finance companies and non banking finance companies (NBFCs) for construction finance .

Siddaramaiah on Friday urged Prime Minister Narendra Modi to approve the phase-3 of Bangalore Metro covering an additional length of 45-km at an estimated cost of Rs 15,611 crore. The state government has already submitted the detailed project report (DPR) of phase-3 to the centre, the CM said at the virtual launch of the two sections of the Purple Line of Namma Metro by the PM. With Challaghatta-Kengeri and Baiyappanahalli-KR Puram sections open, the metro network’s length has increased to 74-km and about seven lakh people were using it daily, the CM added. The government has commissioned a detailed project report (DPR) for connecting Sarjapur and Hebbal covering a length of 37-km.

₹500 crore with a green-shoe option of ₹200 crore and will invest it across completed Class A rent-generating commercial properties leased to multinational and blue-chip tenants in India’s tech hubs. For its previous fund PREF I, launched in March 2021, PropShare Capital aimed to raise ₹700 crore but could only put together ₹75 crore. Through the maiden vehicle it invested in four commercial properties in Bangalore and Mumbai, which have been leased out to companies such as LG, Tata Finance and 24/7 AI.

PREF II will also focus exclusively on completed class-A income-generating commercial real estate leased to multinational and blue-chip tenants in the tech hubs of India. The proposed fund will also have a Rs.

drones revolutionise military, commercial and other activities, an imperative need for 'traffic management' of these flying objects has emerged with a start-up by two entrepreneurs from Assam providing solutions for it. Already working with the Indian Air Force for detection and counter-measures of drones, the duo has now come out with an intelligent airspace management platform, which was launched at the 'East Tech 2023', a two-day defence expo which concluded on October 11.