Banking, Markets, money, the economy
FINANCE
Next Bharat Ventures IFSC Private Limited announced the launch of its second fund of INR 2000 crore, making it among the largest impact-focused venture fund in India. This second corpus will enable Next Bharat to significantly expand its support towards “Impact Entrepreneurs” building to improve quality of life and
FINANCE
Pristine Logistics & Infraprojects Limited has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) under the pre-filing route, according to a public notice issued by the company, marking a significant step towards a potential initial public offering (IPO). Founded in
FINANCE
Euler Motors announced its Series E round of INR 437.5 crore (USD $47 million), led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. The round also had an additional INR 250 crores of debt funding from BlackSoil, Trifecta, InnoVen and Alteria Capital. Founded in 2018, Euler Motors
economy
SIAM Statement on Union Budget 2026-27; Mr Shailesh Chandra, President, SIAM and MD & CEO, Tata Motors Passenger Vehicles Ltd "We welcome the Union Budget 2026–27, which continues to focus on long-term, sustained economic growth with a strong emphasis on manufacturing, infrastructure including freight corridors &
economy
Gayathri Parthasarathy, Partner and Leader - Financial Services, PwC India: "The banking system was described as healthier and more resilient—with improved asset quality, stronger balance sheets, and rising profitability. A high-level committee on banking has been proposed to align the sector with India’s next growth phase and
FINANCE
As India prepares for the Union Budget 2026, anticipation is building across industries. bizmudra got responses from various Industry leaders on their expectations for the Union Budget 2026 Mr Piyush Arora, MD & CEO of Skoda Auto Volkswagen India, said, “As the Union Budget approaches, after the successful and welcome
markets
The All India Gem & Jewellery Domestic Council (GJC) issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in
FINANCE
Ultraviolette announced that it has secured $45 million as part of its ongoing Series E round. The latest infusion comes from leading Indian technology company Zoho Corporation and Lingotto, one of Europe's largest investment management companies. This continued momentum in Ultraviolette’s Series E round underscores sustained investor
FINANCE
Mining and natural resources major Vedanta’s much-anticipated demerger, which will create five sector-specific entities, has entered its final phase. The Mumbai bench of the National Company Law Tribunal reserved its judgment in November, with a likely pronouncement in December 2025. Proposed in September 2023, the demerger has
FINANCE
Mr. N Chandrasekaran, Chairman, Tata Motors Limited, joined by Girish Wagh, MD & CEO, Tata Motors Limited, Prof Subhasis Chaudhuri, Chairman, BSE Limited and Mr. Sundararaman Ramamurthy, MD & CEO, BSE Limited, at the bell ringing ceremony marking the listing of Tata Motors Limited, the commercial vehicle business entity following
FINANCE
Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries announced the audited consolidated financial results for the quarter ended September 30, 2025. Mohit Joshi, CEO and Managing Director, Tech Mahindra, said, “We delivered broad-based growth this quarter, reflecting the strength
FINANCE
New research¹ by Oxford Economics, commissioned by Airbnb, shows that the platform made a significant contribution to India’s economy in 2024. Airbnb activity contributed INR 113 billion to India’s economy in 2024. Economic activity from Airbnb also helped support 111,000 jobs while contributing INR 24 billion in