ED has provisionally attached ₹ 19.39 crore in bank balances and fixed deposits belonging to various entities connected with certain instant-loan apps. File | Photo Credit: PTI The Enforcement Directorate has provisionally attached ₹ 19.39 crore in bank balances, and fixed deposits belonging to various entities connected with certain instant-loan apps. The agency is conducting … Read more
Jabalpur: Madhya Pradesh Chief Minister Mohan Yadav during the inauguration of Regional Industry Conclave, in Jabalpur, on July 20, 2024. | Photo Credit: PTI Madhya Pradesh Chief Minister Mohan Yadav on July 20 said that the State had received investment proposals worth ₹17,000 crore at his government’s investor summit in Jabalpur, which was likely to … Read more
Hyderabad: Pulsus Group plans to set up an AI-based pharma healthcare IT hub at Ameenpur in Sangareddy district of Telangana at an estimated cost of Rs 300 crore and a potential to create around 50,000 jobs. Announcing this at the inaugural day of the 73rd Indian Pharmaceutical Congress here on Friday, Pulsus Group CEO & … Read more
Banks informed the Ministers that the total deposits grew by ₹96,547 crore during 2023-24 and were pegged at ₹7.79 lakh crore. Total advances registered impressive growth by ₹1.62 lakh crore and advances by all banks reached ₹9.79 crore. The CD ratio continued to be above 100 per cent reaching 125.53 per cent from 119.16 per … Read more
Lucknow: Health-tech company Docplix has raised Rs 1.2 crore in Bridge Round led by Inflection Point Ventures. The funds raised will be utilised for product development, AI integration, and market expansion. This will involve enhancing their EHR system, incorporating advanced AI capabilities to improve decision support and patient care, and expanding their market reach to … Read more
New-age men’s apparel and fashion brand Rare Rabbit is set to close its first-ever institutional funding round, of Rs 500 crore, reported The Economic Times. This Rs 500 crore investment round is being led by A91 Partners, with participation from key figures like Ravi Modi, the brain behind Vedant Fashions that steers ethnic fashion brand … Read more
ED has taken possession of frozen crypto assets worth close to ₹ 90 crore, earlier kept in 70 accounts maintained with Binance, ZebPay, and WazirX. | Photo Credit: – The Enforcement Directorate has taken possession of frozen crypto assets worth close to ₹ 90 crore, earlier kept in 70 accounts maintained with Binance, ZebPay, and … Read more
Mumbai: Endimension Technology has raised Rs 6 crore in a Pre-Series A round led by Inflection Point Ventures. Other investors in this round include Sucseed Indovation, SINE IIT Bombay and individual angel investors. The funds will be utilised to fuel artificial intelligence (AI) research and development, team expansion, and software enhancement. These strategic investments aim … Read more
Tejasvi Surya, incumbent Bengaluru South MP, was among the prominent among the 183 candidates who filed 224 sets of nomination papers on Thursday, April 4. Former Karnataka CM H.D. Kumaraswamy, his brother-in-law and cardiologist C.N. Manjunath also filed their nominations. Mr. Surya had declared that he does not possess any immovable assets. The BJP MP … Read more
Chikkamagaluru police seized valuables worth over ₹4.21 crore being transported in a vehicle without proper documents at MC Halli near Tarikere taluk on Tuesday. The vehicle belonged to BVC Logistics was transporting the valuables that included gold ornaments of 6.5 kg, silver items weighing 1.8 kg and jewellery with diamond. Vikram Amathe, Chikkamagaluru Superintendent of … Read more