Stage Financial News

Mint. Trident’s first-ever fund has already received commitments from various other investors. “The discussions are still in a preliminary stage and not much has been decided yet," one of the people cited above said.

₹2,000 crore, the investment firm’s managing partner Rahul Khanna told Mint in an interview. The fourth venture debt fund, which includes a greenshoe option of ₹500 crore, is sector agnostic and has seen participation from new and existing investors. The previous three funds were ₹500 crore, ₹1,024 crore and ₹1,777 crore in size.

AI and analytics unicorn Fractal Analytics has hired Morgan Stanley, Kotak Mahindra Capital and Axis Capital as bankers for its initial public offering (IPO) that could be worth $400-500 million and value the firm at close to $3 billion, executives close to the development told ET.

Space technology startup GalaxEye has announced the first close of its fundraising round, raising $6.5 million led by Mela Ventures and Speciale Invest.

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage ...

electric two-wheeler makers are preparing for a future without government subsidies amid uncertainty on whether these vehicles will be included in the upcoming third phase of the FAME (faster adoption and manufacturing of electric vehicles) scheme.

yen hovered near a 2-1/2-month high on Wednesday ahead of a key Bank of Japan (BOJ) policy decision where the central bank is set to detail plans to taper its huge bond buying and a rate hike is on the cards. Wednesday looked set to be a busy day for markets, with China's official purchasing managers' index (PMI) data and Australian consumer price figures also due during the Asian session.

Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China

Olympic medals are always an important part of any Summer Games, as they are the prizes that athletes dream of, being the reward for their toil and efforts at the global stage. An Olympic medal means a lot for any athlete as it brings them repute internationally, and also etches their and the nation's name in the books of history. However, gold, silver and bronze may not just be the elements used in an Olympic medal and may also constitute of some materials that have a rich heritage, culture and history associated with the host country or city.

In what could become one of the most notable token airdrops in recent memory, the team behind the Telegram-based tap-to-earn game Hamster Kombat has released a new whitepaper, providing detailed information about the project’s tokenomics and future plans.

With rising open interest peaking at $3.25 billion, market optimism for cryptocurrencies such as Solana price is on an upswing, hinting at potentially higher valuations.

Famed short-seller Andrew Left pleaded not guilty to US charges that he committed fraud, setting the stage for a high-profile legal battle over his strategies.

Manu Bhaker's father, Ramkrishna Bhaker expressed his feelings as her daughter made history on Tuesday when she became the first Indian to win two medals at the same Olympics.

Viksit Bharat: A Post Union Budget 2024-25 Conference at New Delhi’s Vigyan Bhawan on Tuesday at 12pm.

Netflix’s most-watched series, setting the stage for its eagerly anticipated second season. With the show’s production officially completed as of June 17, 2024, fans are eagerly awaiting the next chapter of this intense thriller.

With rising open interest peaking at $3.25 billion, market optimism for cryptocurrencies such as Solana price is on an upswing, hinting at potentially higher valuations.

Marvel Studios kicked off its return to San Diego Comic-Con with dancing Deadpool variants and a choir for a panel that included news about the next two “Avengers” films and surprise guests, including Harrison Ford

diesel is still at an experimental stage, and there is no plan, at present, to mandate it, as initial tests showed the formation of deposits in fuel tanks and other implications. Replying to a supplementary question in the Rajya Sabha on whether the Centre plans to mandate the blending of ethanol with diesel, Minister for Petroleum and Natural Gas Hardeep Singh Puri said, «The issue of blending ethanol with diesel is still at an experimental stage, and I can say categorically that at present there is no plan to mandate».

Nifty Bank, which has been underperforming in the last few weeks, looks ready for a smart recovery in the short term. «Going forward, a move above 51,500 might induce a decent rally towards 52,500. On the lower end, support is placed at 51,000,» says Rupak De, Senior Technical Analyst, LKP Securities. Edited excerpts: How would you read Friday's rally? It appeared as if traders were waiting for the July series to get over before buying again in the August series. Nifty had a decent rally on Friday following a period of downward consolidation in the previous few sessions. The index sustained above the 21 EMA at closing, setting the stage for solid gains in the near term. Banks, which had not been supportive in the last few sessions, came in with their full support. The sentiment looks apt for a strong rally in the market. Technically, Nifty has made a decisive move above 24,600, which acted as a strong resistance level in the recent past. Going forward, the trend is likely to remain strong as long as it stays above 24,500.

Lakshya Sen's dominating win over Guatemala's Kevin Cordon in the badminton men's singles Group L match at the ongoing Paris Olympics has been 'deleted after the Guatemalan pulled out of the multi-sport event due to a left elbow injury.