 "SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.")
SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...
 "Morgan Stanley’s record 1.1 million square feet lease in Mumbai signifies a major shift in India’s commercial real estate landscape.")
Morgan Stanley has made a significant move in the Indian commercial real estate Market by leasing 1.1 million square feet of office space in Goregaon, Mumbai. This nearly 10-year lease, valued at over Rs 2,122 crore, is one of the largest office deals in India for 2024. The bank has rented 16 floors of the ...
 "Bluecopa, an AI-driven finance automation platform, raises .8 million for expansion and innovation in financial operations solutions.")
Bluecopa, an AI-powered finance operations automation platform founded in 2021, has successfully raised $1.8 million in a pre-Series A funding round. This investment, led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts, aims to help Bluecopa expand its Market presence, enhance its AI features, and further develop its products. The company specializes in providing ...
 "Schmooze, an AI-powered meme dating app, raised million, revolutionizing connections by matching users through humor and personality.")
Schmooze, an innovative AI-driven dating platform, has successfully raised $4 million in its Series A funding round, led by Elevation Capital. Founded by Vidya Madhavan and Abhinav Anurag, Schmooze caters to the needs of users seeking deeper connections through humor and personality rather than just looks. The app has captured over 1 million users in ...
On September 17, 2024, Prime Minister Narendra Modi launched the Subhadra Scheme in Odisha, aiming to benefit over one crore women with a ₹50,000 financial support each over five years. This initiative aligns with the Bharatiya Janata Party’s manifesto, which helped them secure victory in the recent elections, ending a 24-year tenure of the previous ...
 "Siddharth Shankar’s Tails Trading Group sells its private labeling arm for GBP 395 million, marking a strategic milestone in global trade.")
Tails Trading Group, a UK-based supplier of consumer packaged goods led by Indian entrepreneur Siddharth Shankar, has sold its private labelling division for GBP 395 million to an international investor consortium. The labelling division supplies various products, including food, beverages, and household items, to major retailers and airlines across North America and Europe. Shankar views ...
 "Livpure aims for 1 million water service subscriptions, targeting Rs 900 crore revenue by scaling affordable clean water access.")
Livpure is set to revolutionize access to clean drinking water in India with its innovative water-as-a-service model. The company plans to achieve over one million subscriptions in the next four years, aiming for a revenue of around Rs 900 crore this fiscal year—a growth of 55-60% from last year. Currently, with a customer base of ...
 "Swiss authorities freeze 1 million tied to an alleged Adani frontman, triggering a significant drop in the group’s stock values.")
Seven stocks from the Adani group experienced declines on Friday, following Swiss authorities freezing $311 million linked to a Taiwanese individual amid a money laundering investigation. The allegations suggest he may serve as a front for the Adani group, which the conglomerate has strongly denied. Key stocks like Adani Power and Adani Energy dropped by ...
 "As Flipkart prepares for its Big Billion Days Sale, it empowers over 1.4 million sellers with vital insights and tools for success.")
Flipkart is gearing up for its highly anticipated ‘Big Billion Days Sale 2024’ by equipping sellers with essential tools to meet the holiday season demand. The company recently held seller conclaves in nine major Indian cities, engaging over 4,500 participants and empowering more than 1.4 million entrepreneurs to enhance their business strategies. These sessions emphasized ...
 "The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.")
The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...
