Strategy Financial News
20.01 / 03:31
markets
CEO
Strategy
Adventure
PAM
social
Sporting
'Avoid bad risks': Zoho CEO urges young risk-takers to be cautious after paragliding death, warns of too many accidents
paragliding accident last Friday. Ram, the son of a family friend of Vembu, was killed when his paraglider collided with another in Kullu. The pilot was seriously injured. Vembu attended Ram’s funeral and subsequently posted on X, expressing grief and advocating for improved safety measures in adventure sports.
20.01 / 02:57
markets
security
Strategy
Healthcare
country
medicines
Pharmaceuticals
Indo-US pharma alliance: Time to up the game
health security, with affordable medicines being vital for both India and the U.S., particularly in managing chronic conditions. Indian pharmaceutical companies are key to providing cost-effective and quality-assured medicines, improving outcomes, and ensuring sustainability within the U.S. healthcare system. In FY 2023-24, Indian pharma exports to the U.S. reached $8.7 billion, making it the largest market for Indian companies. For the U.S. Indian companies are supplying 47% of U.S. generic prescriptions and 15% of biosimilars.
20.01 / 02:57
20.01 / 01:49
20.01 / 01:49
markets
UPS
Target
Strategy
wellness
PAM
Thematic funds leading a speculative bubble: Why SEBI needs to check the rise of this unsustainable frenzy
Sebi intervened to keep smaller investors from speculating recklessly. However, another binge, playing out concurrently, seems to be flying below the regulator’s radar.
20.01 / 01:49
20.01 / 00:45
20.01 / 00:45
markets
IPO
Aware
Strategy
PAM
hospital
Hospitality startup Oyo readying to file IPO papers in first quarter
Hospitality startup Oyo has started work on filing its draft red herring prospectus (DRHP) by the first quarter of the new financial year, sources said, marking its third attempt to go public. The impending initial public offering (IPO) is linked to ongoing shareholding restructuring undertaken by founder Ritesh Agarwal.
20.01 / 00:45
markets
Citi
Digital
Strategy
Metro
PAM
Sify
Sify earmarks $5 billion to expand data hubs, add AI ops and GPUs
Sify Technologies has earmarked $5 billion investment over the next five years to expand data centres, modernise internal systems with AI Ops, acquire GPUs and compete with large data centre and telecom incumbents, Raju Vegesna, its chairman and MD, said in an interview to ET. The company plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest markets of AI services and inferencing rather than training, Vegesna said who is helming the only Indian company listed on Nasdaq besides Infosys.
20.01 / 00:45
20.01 / 00:45
markets
Digital
Aviat
Strategy
Mobile
Experts
PAM
IIT-Madras incubated ePlane receives DGCA certification for its e200X airtaxis
ePlane Company, an IIT-Madras-incubated startup, announced that it has received Type Certification for its e200X aircraft, which meets the highest safety and operational standards for commercial service. The Directorate General of Civil Aviation (DGCA) has granted formal acceptance for the Type Certification of its electric Vertical Take-Off and Landing (eVTOL) aircraft.
20.01 / 00:45
markets
UPS
Platform
Strategy
PAM
stage
Industry veterans to venture out with SamVed VC with $50 million corpus
Amit Srivastava, a former investor at Ray Dalio's Bridgewater Associates, the world’s largest hedge fund, has come together with LetsVenture’s Shanti Mohan, former Info Edge executive Vivek Khare and Silicon Valley-based Gagan Saksena, to launch early stage venture capital fund SamVed, targeting a corpus of $50 million.
20.01 / 00:31
20.01 / 00:31
markets
UPS
CEO
Strategy
wellness
PAM
And disquiet follows the don, at WEF
Donald Trump will address the World Economic Forum’s annual meeting in Davos virtually and give it a miss in person—his glittering presidential inauguration in Washington DC will be underway just as the influential annual gathering of global movers and shakers, as well as many who fancy themselves to be, gets underway in this Swiss ski town.
19.01 / 20:25
markets
COST
Manufacturing
Strategy
PAM
electronic
testing
budget 2025
Budget 2025: Simplified tariff structure, lower tax on electronics sector's wish list
Budget 2025: The electronics industry, one of India’s largest export sectors, is hoping for major reforms in the upcoming Union Budget. With nearly all mobile phones sold in India now made locally, electronics manufacturing output reached $115 billion in FY24, with $29 billion coming from exports. The industry has set an ambitious target of achieving $500 billion in output by 2030.
19.01 / 20:25
markets
Digital
Google
security
Strategy
Kirklands
PAM
Adani Group appoints 2 top US law firms to fight SEC charges
Adani Group has appointed US law firms Kirkland & Ellis and Quinn Emanuel Urquhart & Sullivan LLP among others amid civil and criminal cases filed by the Securities and Exchange Commission (SEC) and the Eastern District of New York, according to sources. They are among the world's largest litigation firms.
19.01 / 20:25
19.01 / 20:25
markets
COST
Digital
security
Strategy
Experts
PAM
Digital Edge DC in talks to raise ₹2,400 cr for Mumbai project
Digital Edge DC, a National Investment and Infrastructure Fund (NIIF)-backed entity to fund part of its data centre project in Navi Mumbai, indicating higher preference among lenders to fund secured assets.
19.01 / 19:05
19.01 / 19:05
markets
Booking
Strategy
PAM
travelers
Destinations
Rush for Maha Kumbh Mela leads to surge in tourist footfall in Ayodhya
Maha Kumbh Mela in Prayagraj is sparking a surge in tourism in Ayodhya-cities in Uttar Pradesh about 170 kms apart-underscoring the booming religious travel circuit in India.
19.01 / 19:05
markets
Digital
Strategy
Experts
PAM
Courts
Investigations
CBI arguments against Arvind Kejriwal, others likely to begin in March
Arvind Kejriwal, Manish Sisodia and the other co-accused booked by the agency in the Delhi excise case, people in the know said.
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