Enterprise Financial News

21.09 / 00:39

Citi Target Digital Enterprise country Incubate Fund Asia announces third fund, rebranding

Incubate Fund Asia, a sector-agnostic and Japan-origin venture capital firm, on Wednesday announced the first close of its third fund, which has a target corpus of $50 million (Rs 416 crore). The Singapore-based fund also said it is rebranding itself as Incubate Fund Asia. Previously, as Incubate Fund India, it only backed domestic startups such as Captain Fresh, Yulu, ShopKirana and Plum from its first two funds since 2016. It has backed 27 companies so far.

20.09 / 19:39

COST Citi Aware Manufacturing Platform Enterprise StrideOne in talks to acquire EV tech startup MoEVing

electric vehicle (EV) tech startup MoEVing, said two people aware of the development, seeking anonymity. The potential deal is likely to facilitate Stride’s entry into the last-mile EV financing sector, which is expected to witness significant growth in the coming years. The deal could value MoEVing at ₹100-120 crore and will facilitate early investor JSW Ventures’ exit, they added.

20.09 / 18:19

Entertainment Enterprise NIFTY SENSEX information recommendations Chambal Fertilisers, 8 others placed under F&O ban on NSE for Sept 21; check full list

Indiabulls Housing Finance, Balrampur Chini Mills, Zee Entertainment Enterprises Ltd (ZEEL), BHEL, Delta Corp, Hindustan Copper, Manappuram Finance, and Punjab National Bank (PNB) are the nine stocks that are a part of the F&O ban list by the stock exchange for Thursday. The NSE updates the list of securities in F&O ban for trade everyday.

20.09 / 14:03

Airlines Enterprise Inside Can the sudden exit of 43 pilots shut down Akasa Air?

₹21.6 crore in compensation. In addition, it has approached the DGCA and agreed with them to request the High Court of Delhi to pass orders for implementing the interim order in relation to mandatory contract notice period requirements by pilots.

20.09 / 13:21

Target Enterprise PwC ANZ show information gossips Tax promoter penalties take aim at big four partners

Partners in big-four accounting firms could be on the hook for nine-figure payouts from new tax-promoter penalties, although draft legislation released on Wednesday shows the maximum sanctions will be less than the $780 million figure previously flagged by the government.

20.09 / 13:03

Blockchain Provident Ripple Enterprise President Fortress Trust Ripple bags Nevada license through Fortress Trust acquisition

Ripple has bought the Fortress Blockchain Technologies subsidiary for an undisclosed sum.Through its technology and licensing, Fortress Trust provides infrastructure to address the growing enterprise crypto market.

20.09 / 11:37

Lowe's Enterprise NIFTY SENSEX blues Sensex falls! These stocks fell 5% or more in Wednesday's session

On the BSE, Kuberan Global Edu(down 20.00 per cent), Shiva Granito Export(down 19.92 per cent), Dipna Pharmachem(down 19.60 per cent), Balmer Lawrie(down 12.06 per cent) and Finkurve Fin Svc(down 10.68 per cent) stood among the top losers in today's trade. In the Nifty pack, 10 stocks closed in the green, while 39 stocks ended in the red. The index closed 231.9 points down at 19901.4. On the BSE, Anuroop Packaging Lt, Bheema Cements Ltd., Svarnim Trade Udyog, A F Enterprises and Toyam Industries hit their fresh 52-week lows, while Pearl Green Clubs, Jindal Photo, HSIL, Blue Star and IFCI touched their fresh 52-week highs in today's trade.

20.09 / 11:37

Provident Waves Digital Platform Enterprise TCS NVIDIA Infosys expands pact with Nvidia, to train 50,000 on chipmakers' AI tech

Infosys and Nvidia today announced that they have expanded their strategic collaboration where Nvidia's AI tools will be available on Infosys AI suite of services Topaz. The expanded collaboration is aimed to drive productivity gains with generative AI applications and solutions. The alliance will bring the Nvidia AI Enterprise ecosystem of models, tools, runtimes and graphics processing units (GPU) systems to Infosys Topaz. Through the integration, Infosys will create offerings customers can adopt, to easily integrate generative AI into their businesses, according to a press release.

20.09 / 11:23

Provident Enterprise Archean Chemical, Patanjali Foods among 10 stocks with RSI trending down

Relative Strength Index (RSI) is one such indicator that can provide valuable insights into a stock's momentum and potential price movements. In this article, we delve into why RSI matters and explore 10 stocks that exhibited a declining RSI on September 18, Monday. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It provides a numerical value between 0 and 100, indicating whether a stock is overbought or oversold.

20.09 / 09:02

IPO Provident Booking Mobile Software Enterprise band Kody Technolab IPO: Issue subscribed over 32 times so far on last day; check latest GMP today, other details

₹27.52 crore. Kody Technolab IPO price band has been fixed at ₹160 per share. The IPO lot size is 800 shares and the minimum investment amount required for retail investors is ₹128,000.

20.09 / 08:41

Dogecoin Ethereum litecoin CEO Enterprise Bitcoin bitcoin rises Crypto Price Today: Bitcoin rises above $27,000 ahead of Fed decision on rates

BNB, Dogecoin, and Litecoin were trading with cuts. Bitcoin (BTC) rose 0.92% to $27,044, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.07 trillion, rising 0.62% in the last 24 hours. «Bitcoin's price has surged beyond the $27,000 threshold, and this upward trajectory could likely be attributed to Nomura, one of Japan's leading investment banks, unveiling a Bitcoin-based fund designed for institutional investors,» said Edul Patel, CEO & Co-founder of Mudrex. Market sentiment currently varies from neutral to bullish as market participants await the Federal Reserve's FOMC decision regarding interest rates, set to be announced later today, Edul said.

20.09 / 06:29

UPS AXY CEO Entertainment Enterprise Sony Zee Entertainment Enterprises to be replaced by Culver Max Entertainment in FTSE indices after Sony merger

Zee Entertainment Enterprises Ltd. (ZEEL) will be delisted from FTSE Global Equity indices following its merger with Sony Entertainment India. ZEE will be replaced by Culver Max Entertainment, which is Sony Pictures Networks India.

20.09 / 05:39

UPS Provident Enterprise country trudeau If Justin Trudeau wants to be an ‘Olympic hole digger’…: Experts on future diplomacy between India, Canada and the US

Amid the tensions between India and Canada over the Hardeep Singh Nijjar killing row, many experts are predicting it will majorly affect the diplomatic relationship between India, Canada and the United States. On Canadian PM Justin Trudeau's claim of Indian hand in the killing of Nijjar, Dinsha Mistree (Research Fellow at Stanford Law School) said, as quoted by ANI, “I think there are several lessons that can be drawn from this, specifically to the US-India relationship.

20.09 / 05:11

Lowe's Enterprise NIFTY SENSEX blues Sensex falls! These stocks are down 5% or more on BSE

On the BSE, Shiva Granito Export(down 19.92 per cent), Creative Eye(down 13.51 per cent), Balmer Lawrie(down 10.21 per cent), Tiaan Ayurvedic & He(down 10.00 per cent) and Anupam Finserv(down 9.84 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 18 stocks traded in the green, while 32 stocks traded in the red. The Nifty index was trading 173.55 points down at 19959.75. On the BSE, Bheema Cements Ltd., A F Enterprises, Toyam Industries, FutureLifestyleFash and Zodiac Ventures hit their fresh 52-week lows, while HSIL, Jindal Photo, Blue Star, Chaman Lal Setia and Nagpur Power touched their fresh 52-week highs.

20.09 / 01:09

COST FIVE Digital Strategy Apple Enterprise Every sale counts: maximising conversions in a slow market

This content is produced in commercial partnership with Shopify

19.09 / 19:27

UPS BLOCK Enterprise Southern Apogee Hanesbrands fall Hanesbrands, United States Steel rise; Block, Rocket Lab fall, Tuesday, 9/19/2023

Stocks that are trading heavily or have substantial price changes on Tuesday: Hanesbrands, United States Steel rise; Block, Rocket Lab fall

19.09 / 18:59

Google Platform Software Enterprise show Google takes first step to add plugins on Bard with own apps

On Tuesday, Google announced the latest addition to its generative artificial intelligence (AI) chatbot, Bard—adding the ability for users to link their entire suite of Google apps to the chatbot. By doing so, users will get the ability to pull information from their stored documents and spreadsheets, as well as tap public Google services such as Maps and YouTube, within Bard’s responses.

19.09 / 16:43

UPS Enterprise AGRO electronic IAS Ashutosh Niranjan appointed as Deputy Secretary in the MSME Ministry

2010-batch Indian Administrative Services Officer of the Uttar Pradesh Cadre Ashutosh Niranjan has been appointed the Deputy Secretary in the Ministry of Micro, Small, and Medium Enterprises. The Appointments Committee of the Cabinet (ACC), Department of Personnel and Training under the Ministry of Personnel, Public Grievances and Pensions on September 18, approved his appointment.

19.09 / 16:07

Provident Cooper Action Enterprise country voice orchestra Our trade thrust has been in sync with the G20 agenda

That India hosted one of the most successful G20 summits of all under its presidency, that too amid a difficult global geo-political and economic scenario, is commendable. Conducting a G20 summit is like an orchestra, where different ministries, departments and government bodies of the host country work seamlessly under the leadership of the concert-master—in our case, Prime Minister Narendra Modi. With the G20 success, India has shown its skills of coordination, planning and execution to the world.

19.09 / 15:17

UPS Citi Provident Enterprise Parke open Cowrks plans to open six new centres with 3,600 seats

Cowrks, a flexible and managed office provider backed by Brookfield Asset Management, is set to expand its presence across major cities by opening new centres within large office campuses owned by the fund, said its senior vice president Parul Thakur. The company plans to open six new centres with 3,600 seats in Pune, Mumbai, Bengaluru and Chennai by the end of 2023, catering to increasing demand for a hybrid work model among large corporations, she said. “Since the acquisition, the focus was more on stabilising assets than expanding. We turned EBITDA positive mid-last year and will be adding newer properties within our business parks but will be mindful of expansion.

19.09 / 12:51

Digital Extreme Platform Enterprise Investment a16z social Bastion, Co-Founded by Former a16z Crypto Leaders, Raises $25M to Drive Web3 Adoption

Crypto startup Bastion has raised $25 million in a funding round led by venture giant Andreessen Horowitz’s crypto arm, a16z crypto.

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