Indian Startup Ecosystem Flourishes: $308 Million Raised by 27 Startups in Recent Funding Surge
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Early-stage startups accounted for about $166.8 million of the total funding, with notable names such as mPokket, Ema, Hunch, and Rozana securing investments. Delhi-NCR emerged as the frontrunner in terms of deal activity, with 10 startups based in the region securing funding, followed closely by Bengaluru with nine deals.
HSBC Survey Reveals India's Business Activity Surges to 4-Month High at the Beginning of 2024
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HSBC's flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, surged to 61.0 in January, surpassing December’s final reading of 58.5 and marking the highest level since September 2023.
Report Highlights Challenges as Family Companies Grapple with Heir Loss
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A substantial portion of companies in indices such as Standard & Poor’s 500 and the largest companies in France and Germany have a strong family element
Wagh Bakri Tea Group scion Parag Desai dies after injury in freak mishap
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He is reported to have suffered a severe head injury after being attacked by stray dogs while on his morning walk near his residence in Ahmedabad. He underwent a surgery for a brain haemorrhage at a private hospital in the city and was in the ICU. His last rites were conducted at the Thaltej crematorium on Monday morning.
97% of Indian firms see hybrid, remote work beneficial for business: Report
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As many organisations are now implementing more structured approaches to work, about 50 per cent of hybrid workers spend half the work week at the office, according to the IT infrastructure and services company NTT.
Bank of Baroda plans to raise Rs 10,000 cr through bonds
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“The board of directors in its meeting held today has approved the proposal for raising Long Term Bonds for financing of infrastructure and affordable housing aggregating to a total size up to Rs 10,000 crores, in single or multiple tranches during 2023-24 and beyond, if found expedient,” the bank said in a filing with the stock exchange.
Mahadev Online Book app founders deny accusation of betting racket involvement
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In their first statement since the controversy erupted, the duo expressed profound regret at being "wrongly accused and portrayed as masterminds of this operation".
Murugappa group family members settle their dispute
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In a joint statement issued here, the Murugappas said its members have agreed to settle the disputes and differences between the family branch of late M.V. Murugappan (including Valli Arunachalam and Vellachi Murugappan), on one side, and the rest of the family members.
Thanks PM Modi for inviting entrepreneurs like us to France: boAt's Aman Gupta
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In a tweet, Gupta said that "no force can stop India as our time has come". "I used to see second and third-generation entrepreneurs at state visits as an official delegation with the Prime Minister but now new-age entrepreneurs like myself are also being invited on such visits," he said. 
Coromandel International acquires majority stake in drone company for Rs 204 crore
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According to Coromandel International, its subsidiary Coromandel Technology will acquire a 32.68 per cent stake in the Rs 1.31 lakh equity based Dhaksha and another 18.34 per cent stake from Dare Ventures Ltd, another wholly owned subsidiary. The turnover of Dhaksha for FY 2021-22 was Rs 4.52 crore.
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