Immuneel Therapeutics secured INR 100 Cr funding and made significant strides in the biotechnology sector. Recently, the company secured close to INR 100 Cr (approximately $12 Mn) in an extended Series A funding round. This infusion of capital comes from Taiba Middle East, marking a pivotal moment in the company’s growth and expansion plans. Funding […]
NPCI is reportedly plans to implement a 1.2% interchange fee on the credit line of UPI transactions. According to sources, a circular outlining this change expected to released next week. This move marks a significant shift in the UPI transaction landscape. It aiming to balance cost-effectiveness for users and profitability for service providers. Understanding the […]
In a significant move, the Supreme Court of India directs Centre to engage with media stakeholders regarding advertising issues. This directive follows a growing need to address concerns within the advertising industry. The Ministry of Information and Broadcasting is tasked with holding consultations and submitting recommendations within three weeks. The Supreme Court’s Directive The Supreme […]
Recent reports show that India has emerged a 3rd-largest destination for investment in FY24 for Temasek. It highlighting the India growing significance in the global investment. The investment giant, Temasek, has reported a slight increase in its net portfolio value, which now stands at SGD 389 billion ($288 billion). This 1.8% year-over-year growth is largely […]
Tata 1mg has slashed its losses and a shown remarkable improvement in its financial performance for FY24. The company, known for its epharmacy services, reported a significant reduction in losses. It become possible to robust business growth and a notable decrease in expenses. Revenue Growth One of the most impressive aspects of Tata 1mg’s performance […]
Larsen & Toubro (L&T) has announced that its going to acquires SiliConch Systems for INR 183 crore. The main focus of this strategic decision is to improve the position of L&T in the semiconductor market. Also the second main objective of this strategic move of L&T is to help it in expertise in fabless chip […]