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India has racked up 108 ‘unicorns’—the third-most in the world, after the US and China. Private investment in the form of venture capital and private equity has been to the tune of $246 billion from 2018 to 2022. Over this period, Indian firms accounted for $1 out of every $4.40 of Asian venture capital.

«The company aims to hire an additional more than 5,000 people over the next two-and-a-half years, including a focus on hiring fresh graduates. While other larger players are slowing down on hiring fresh graduates, the company believes it will provide future growth acceleration. The expectation is to double the current workforce of around 4,700 people, reaching a little over 9,700 employees,» he said.

climate change management. This is especially true for countries like India that are likely to bear more than their fair share of the climate-action burden, given that it is mostly the actions of others that led the world to this crisis. India also has a high proportion of people directly employed in natural resource dependent sectors.

National Disaster Response Fund as advance assistance to Himachal Pradesh to help the rain-battered state undertake relief measures for affected people. A spokesperson of the Union Home Ministry said the Centre had earlier approved the advance release of Rs 360.80 crore from the central share of the State Disaster Response Fund in two instalments on July 10 and 17.

BSF) team is likely to be posted in Thawai Kuki village in Manipur's Ukhrul district where three persons were killed by armed men on Friday, sources said. Security forces are combing the jungles of the adjoining hills where the armed men are believed to be hiding, they said. The likely move to deploy a BSF team in the village comes days after Chief Minister N Biren Singh sought reports from Churachandpur deputy commissioner and SP about the open display of sophisticated firearms by a group of people during an Independence Day parade. Sources also added that around 60 companies of the BSF are likely to be deployed in nine districts of the state to assist the administration in maintaining law and order. BSF (EC) ADG Sonali Mishra along with four senior officers had recently called on Governor Anusuiya Uikey at Raj Bhavan and briefed her about the prevailing security situation in the northeastern state. Meanwhile, more than 200 Meiteis who had crossed over to neighbouring Myanmar to escape the ethnic violence in Manipur and safely returned to the state after more than three months were provided food and medicines by the Army and the civil administration.

Russia's Luna-25 spacecraft which was launched with an objective to make soft-landing on the South Pole of the moon has crashed on the lunar surface, the space agency Roscosmos confirmed on Sunday. The Russian Space Agency said that the crash occurred due to a deviation between actual and calculated parameters of the propulsion manoeuvre which led Luna-25 to an unintended orbit resulting in collision with lunar surface.

Bank fixed deposits (FDs) are still considered to be one of the safest investment options. Almost all banks provide term deposits ranging between 7 days to 10 years tenure. The interest rates vary from one bank depending upon the tenure.

leadership of N K Singh. It had kept the tax devolution ratio at 42 per cent -- at the same level suggested by the 14th Commission. The central government had accepted the report of the commission, and accordingly, the states were provided with 42 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26.

Indian market, reported GaadiWaadi. The redesigned version has been observed undergoing extensive testing as it prepares for its debut in early 2024. According to the report from the publication, the upcoming iteration of the Creta is positioned to make a distinct entrance, potentially bringing a transformative touch to the market through its improved features and aesthetic enhancements.

Japan and Australia are planning a joint navy drill in the South China Sea off the western Philippines this week to underscore their commitment to the rule of law in the region after a recent show of Chinese aggression in the disputed waters, Filipino security officials said Sunday. On Aug. 5, Chinese coast guard ships used water cannons against Philippine vessels in the contested waterway where disputes have long been regarded as a potential flashpoint and have become a fault line in the rivalry between the U.S.

India and the UK along with a free trade agreement will figure prominently during the visit of a high-level team from Britain here, an official said. UK Secretary of State for Business and Trade Kemi Badenoch and Director General for Trade Negotiations at the Department for Business and Trade (DBT) Amanda Brooks are visiting India this week. Besides participating in the G20 Trade and Investment Ministerial Meeting in Jaipur on August 24-25, the UK minister will hold bilateral talks with Commerce and Industry Minister Piyush Goyal on August 26 here and review the progress of talks on the free trade agreement.

emerging investment instruments, Sebi is looking to bring in norms for follow-on offers by real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). REITs and InvITs were introduced in India to provide investors with an opportunity to gain exposure to real estate and infrastructure projects respectively, with diversification of risks through pooling arrangements. Generally, REITs invest majorly in completed and rent-generating real estate assets. Privately placed InvITs can invest in under-construction assets as well as completed and revenue-generating assets and public InvITs can invest majorly in completed and revenue-generating assets. «Taking cognizance of the potential of REITs and InvITs in driving the future of Indian infrastructure, Sebi would endeavour to further develop the market for REITs and InvITs in the coming years through policy measures including considering bringing in norms for follow-on offers by REITs and InvITs,» Sebi said in its annual report for 2022-23.Krishnan S Iyer, CEO, of NDR InvIT Managers, said given the capital requirements needed for the growth of infrastructure, it is very important that both domestic institutions, mutual funds, and of course retail investors increasingly participated in it. «These are well structured, regulated, and transparent vehicles that give them an avenue for developing a perpetual stream of cash flows, » Iyer added.

Hyderabad has been arrested for murdering his own eight-year-old daughter to make her wife suffer. As reported by the Times of India, the accused, Chandrasekhar, picked his daughter, Mokshaja, from school in the BHEL township on a seemingly ordinary Friday afternoon. However, within a mere ten-minute drive, the unthinkable transpired.

The proposed national e-commerce policy is in the final stages and no new draft policy will be issued now for seeking the views of stakeholders, a senior government official said. The new e-commerce policy is being formulated by the commerce ministry. On 2 August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of e-commerce firms and a domestic traders' body on the proposed policy.

World Cup games in as many days is not ideal for organisational as well as security reasons and hope a one day breather is provided, said a Hyderabad Cricket Association (HCA) official on Sunday, signalling another change in schedule for the ODI showpiece beginning in India on October 5. After a much-delayed schedule announcement in June, the BCCI and ICC rescheduled as many as nine games earlier this month, including the marquee clash between India and Pakistan. With the Indo-Pak fixture in Ahmedabad advanced by a day on October 15, Pakistan's game against Sri Lanka in Hyderabad was moved to October 10 from October 12.

Google Pay for alleged violation of regulatory and privacy norms in the country. Petitioner Abhijit Mishra alleged that the operations of Google Pay in India as a «payment system provider» were unauthorised as it did not have the necessary permission.

In a major change headache for BCCI and ICC, a change in the schedule for the upcoming ODI World Cup might have to be changed once again after a letter from the Hyderabad Cricket Association (HCA). According to a report in The Indian Express, the HCA has written to the BCCI asking for a gap between consecutive matches to be played on 9 and 10 October. The Rajiv Gandhi Stadium in Hyderabad is scheduled to host the Netherlands vs New Zealand match on 9 October, followed by the Pakistan vs Sri Lanka match on 10 October.

Also read: Movies, web series OTT releases this week: From Ghoomer in theatres to Guns & Gulaabs on Netflix Theatrical Release Date: August 25, 2023 Genre: Action Thriller in Telugu "Gaandeevadhari Arjuna" is a Telugu action thriller film written and directed by Praveen Sattaru. The movie stars Varun Tej, Sakshi Vaidhya, and Vinay Rai in prominent roles, with Mickey J Meyer providing the film's soundtrack.

TPG Telecom customers have complained to the competition watchdog that they are being held “to ransom” after the internet provider told them it would get rid of their email accounts unless they agreed to transfer them to another company.

Hanwha Energy Australia has tapped Azure Capital to find a like-minded investment partner for its shovel-ready solar and battery storage assets in New South Wales.

The Central Board of Direct Taxes (CBDT) on 19 August issued a notification to value rent-free accommodation provided by employers, reported news agency PTI.