Innovations Financial News

India and the US are looking into exciting joint science and technology projects to further expand their relationship under the guidance of the top leadership of the two countries, according to a top American scientist. Describing the US-India Partnership as a very important one for the Biden-Harris administration and also in Congress, Dr Sethuraman Panchanathan, Director of the National Science Foundation said there's total bipartisan support for a strong partnership between two great democracies, the US and India. Last year, Prime Minister Narendra Modi kicked off his visit to Washington DC, for the historic State Visit, with a trip to the National Science Foundation headquarters in Alexandria wherein he interacted with the scientific community and the young scientist minds.

Name of the fundFive-year returns (in %)10-year returns (in %)ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund29.22-Mirae Asset Healthcare Fund27.55-ITI Pharma & Healthcare Fund27.15-SBI Healthcare Opportunities Fund26.6817.16Tata India Pharma & Heathcare Fund26.40- The ongoing surge in the Indian pharmaceutical sector has created wealth for investors, especially those invested in healthcare companies. Additionally, the pharmaceutical and healthcare sector serves as a defensive theme as people persist in seeking medical assistance and taking medications even during challenging times.

Marissa Mayer has long been an inspiration for innovative women battling to break through the gender barriers in the male-dominated technology industry

London, United Kingdom - February 19, 2024 - Kana Labs, a trailblazer in Web3 and blockchain infrastructure solutions, is pleased to announce its partnership with Chainwith, a leading blockchain firm focused on revolutionising community-driven ecosystems through its innovative C2E protocol. The collaboration between the two firms is a major milestone, particularly within community-driven ecosystems.

Mumbai, February 6, 2024: After the resounding success of Shapoorji Pallonji Real Estate’s premium project BKC 28, WSB Real Estate Debt Fund II (WSBREDF II) has invested INR 55 crore in another premium project, BKC 9, situated in Bandra East, Mumbai. BKC 9 is a collaborative effort between Shapoorji Pallonji Real Estate (SPRE) and Vakratunda Realty Private Ltd The WSBREDF-II fund has committed an investment of INR 55 crore to complete the premium project, BKC 9.

Power Finance Corp (PFC) on Tuesday signed a memorandum of understanding (MoU) with the Goa government to fund the state’s green energy ambitions through a blended finance facility. Under the MoU, PFC will provide financial support for Goa’s pivotal climate-related projects.

MOUNTAIN VIEW, CA, and NOIDA, India (Feb. 20, 2024) – HCLSoftware, an independent software division of HCLTech and a global leader in enterprise software solutions, is set to unveil its advanced artificial intelligence (AI) and sovereign cloud-fueled technology solutions showcasing innovations in delivering improved citizen-centric services at the Uttar Pradesh Groundbreaking Ceremony 4.0 (GBC 4.0) this week at the Indira Gandhi Pratishthan, Lucknow.

By Greg Roumeliotis

Introducing the Samsung Galaxy S24 Ultra—the ultimate companion for today's dynamic professionals. At the heart of this cutting-edge device lies the revolutionary Galaxy AI, which pushes the boundaries of communication and productivity.

Mixero is helping people everywhere enjoy more private crypto transactions through its simple,powerful,anonymous mixing service

In the ever-evolving landscape of cryptocurrencies and decentralized finance (DeFi), the emergence of launchpads has garnered significant attention and with the Bull Market in full swing in 2024 they have never been more relevant to influencing market trends.

Samsung Semiconductor India Research has inaugurated its 'Samsung Innovation Campus' programme at the Visvesvaraya Technological University to upskill youth in future tech domains such as Artificial Intelligence (AI) and Internet of Things (IoT) and make them job-ready. Under the programme, Samsung Semiconductor India Research (SSIR) will train 1,100 undergraduate engineering students across Karnataka. Announcing that SSIR has launched the 'Samsung Innovation Campus' programme at Visvesvaraya Technological University (VTU), a release said the initiative underlines Samsung's commitment towards the government's Skill India initiative as part of the company's vision of powering digital India.

Mukul Agrawal portfolio: Gensol Engineering share price has been on an uptrend since the early morning session. Gensol Engineering share price today had a gap up opening at ₹1290 apiece on NSE. After an upside opening, the engineering stock went on to touch an intraday high of ₹1,376 apiece, which tuned out its new 52-week high.

Entrepreneurs and companies should comply with the rules and laws, irrespective of their size, scale and growth momentum, minister of state for electronics and technology Rajeev Chandrasekhar said on Monday. “I have seen entrepreneurs beginning to trespass because the momentum of entrepreneurship takes them beyond what the regulators have allowed them to do at that particular point in time… even if you are a hard-charging, successful, innovative entrepreneur, you cannot live in denial of the reality that there are rules and laws that have to be complied with, and that applies to big companies, small companies, startups, legacy,” he said at the Mumbai Tech Week.

Byju's Crisis: Union Minister Rajeev Chandrasekhar offered a blunt assessment of Byju's current crisis, attributing it to the company's rapid expansion without adequate corporate governance. "They tried to grow too fast, without the rigour: and discipline a growth company needs, especially when money was easy," he stated, while addressing the Mumbai Tech Week, according to a report by Hindustan Times. The minister emphasized that neglecting these principles, particularly during periods of easy access to capital, creates an unsustainable model.

Also Read | Union Minister Rajeev Chandrasekhar reacts to Paytm controversy: 'Being FinTech doesn't absolve anybody from...' “We will exploit AI to its fullest for achieving the goals of our economic growth, ensuring that it makes a big impact on healthcare & agriculture among others," said Chandrasekhar during his discussion with Anant Goenka during the Mumbai Tech Week on February 19, as per PIB. Also Read | Rajeev Chandrasekhar on India's digital-first strategy: Innovation, R&D focus, must not be afraid of AI Further expanding on the government's stance on AI, Chandrasekhar added, “We intend to exploit AI to its fullest for achieving the goals of our economic growth, ensuring that AI makes a big impact on healthcare and drug discovery, as well as on agriculture and farmer productivity.

Bajaj Finserv Asset Management Limited launched the Bajaj Finserv Large and Mid Cap Fund, a unique offering that revolves around the innovative moat investing strategy. With the New Fund Offer (NFO) scheduled to close on 20th February 2024, potential investors are presented with an opportunity to delve into a scheme that comes with a host of benefits tailored to meet their financial goals. At the heart of this scheme lies the moat investing strategy.

Listed brokerage and trading platform Angel One Ltd. has appointed Meenal Maheshwari Shah as Group General Counsel. An alumnus of ILS Law Collage Pune from the 2010 batch, Maheshwari started her career with the law firm Khaitan & Co. as an associate. Subsequently, she also joined the Chambers of Mr Snehal Shah as counsel. Also, she joined the private equity investment arm of Bennett, Coleman, and Company Brand Capital India as Senior Legal Counsel.

investors to adopt healthy investment habits. We are committed to delivering innovative and customized financial solutions that align with the evolving needs of our customers and help them save for the future." As per the information provided by the housing finance company, the enhanced interest rates are valid for all fresh and renewed fixed deposits made before March 31, 2024. Investors can benefit from these rates with a minimum deposit amount of ₹10,000, ensuring a secure avenue for wealth expansion.

CarDekho, is one of the judges on Shark Tank India Season 3. He spoke exclusively to LiveMint’s Sounak Mukhopadhyay on his philosophy, strategy and mission to build Bharat 2.0. As a seasoned investor and entrepreneur, my eagerness to nurture young talent and innovators, along with propagating an entrepreneurial mindset across India, has always been paramount.

₹35-crore loan from Axis Finance, a non-banking subsidiary of private lender Axis Bank. In its plea, Axis Finance sought the court’s urgent intervention to “protect and preserve" the outstanding loan amount, pending the hearing and final disposal of its arbitration petition. The bank had filed the arbitration petition after the Bengaluru-based education trust defaulted on its dues in September.