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Ronnie Screwvala's UpGrad in talks to acquire Unacademy for $300- $400 million

Money Control

Money Control · 1m ago

Ronnie Screwvala's UpGrad in talks to acquire Unacademy for $300- $400 million

UpGrad, led by Ronnie Screwvala, is reportedly in talks to acquire Unacademy for $300–400 million, a steep fall from its $3.44 billion valuation in 2021. The deal may close within three weeks. Under the plan, U...

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PhysicsWallah IPO: Edtech unicorn files confidential DRHP for ₹4,600 crore public issue

Money Control

Money Control · 9m ago

PhysicsWallah IPO: Edtech unicorn files confidential DRHP for ₹4,600 crore public issue

The initial share sale, which could be around $500 million (about ₹4,600 crore) will consist of issuing new equity shares as well as an offer for sale (OFS) component, the report said. The confidential filing, ...

5

Shark Tank India 4: Controversy erupts as sharks clash over social media platform founders’ pitch

Money Control

Money Control · 9m ago

Shark Tank India 4: Controversy erupts as sharks clash over social media platform founders’ pitch

On Shark Tank India Season 4, Medial, a social media platform for startups, faced harsh criticism from the Sharks. Founders Aishwarya, Harsh, Niket, and Prateek sought ₹50 lakhs for 1% equity. Kunal Bahl labele...

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Rs 9.5 lakh crore Investor Wealth Wiped Out After 3 HMPV Cases in India

Money Control

Money Control · 11m ago

Rs 9.5 lakh crore Investor Wealth Wiped Out After 3 HMPV Cases in India

Indian equity markets witnessed a sharp decline on January 6, with the market capitalisation erosion exceeding Rs 9.5 lakh crore — the steepest single-day fall in three months. The benchmark indices Sensex and ...

7

Zepto’s cash burn rises to ₹250 cr/month, 6x more than May: Report

Money Control

Money Control · 1y ago

Zepto’s cash burn rises to ₹250 cr/month, 6x more than May: Report

Zepto’s cash burn has risen over six fold to over ₹250 crore/month in the last two months as the startup amps up investments in operations, marketing and hiring, Moneycontrol reported. CEO Aadit Palicha confirm...

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NPS’ new balanced lifecycle fund: Can it add value to your retirement portfolio?

Money Control

Money Control · 1y ago

NPS’ new balanced lifecycle fund: Can it add value to your retirement portfolio?

The National Pension System (NPS) has introduced a new investment option called the Balanced Life Cycle Fund. This fund automatically rebalances asset classes based on the investor's age and risk profile. The m...

India’s AI LLM path may lie in adaption, not building from scratch, suggests MeitY secretary S Krishnan

Money Control

Money Control · 1y ago

India’s AI LLM path may lie in adaption, not building from scratch, suggests MeitY secretary S Krishnan

S. Krishnan, the Secretary of the Ministry of Electronics and Information Technology (MeitY), suggests that it may not be worth the effort to build a large language model (LLM) from scratch. Instead, he advocat...

Trump win may deliver better prospects for Indian manufacturers, exporters, say analysts

Money Control

Money Control · 1y ago

Trump win may deliver better prospects for Indian manufacturers, exporters, say analysts

Experts believe that the re-election of Donald Trump as President of the United States could present several opportunities for Indian companies in manufacturing and exports. Trump's historically protectionist p...

Karnataka unveils new accelerator programme to support 302 growth-stage startups

Money Control

Money Control · 1y ago

Karnataka unveils new accelerator programme to support 302 growth-stage startups

The Karnataka government has launched the Karnataka Acceleration Network (KAN), an accelerator program aimed at supporting growth-stage startups across the state, with a focus on regions outside of Bengaluru. K...

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Medial Quiz

Rainmatter primarily focuses its investments and grants in which of these areas?

Heavy Manufacturing and Infrastructure

Luxury Goods and Fashion

Fintech, Climate Action, and Health & Wellness

Traditional Media and Entertainment

8

Hits 1388

M&M shares surge on record SUV and tractor sales in October

Money Control

Money Control · 1y ago

M&M shares surge on record SUV and tractor sales in October

Shares of Mahindra & Mahindra surged over 5% after the company reported a 25% YoY increase in SUV sales, reaching a record 54,504 units in October. The company's stock climbed nearly 3% to Rs 2,894, outperformi...

Hospitalisation costs need to come down amid 'vengeance' hikes, insurers tell NITI Aayog

Money Control

Money Control · 1y ago

Hospitalisation costs need to come down amid 'vengeance' hikes, insurers tell NITI Aayog

Health insurance companies and hospitals in India are discussing ways to make healthcare more affordable. Insurers raised concerns about opaque pricing structures and inadequate disclosures by high-end hospital...

Škoda Kylaq, Maruti Suzuki Dzire, Mahindra XEV 9e & BE 6e to fire up car market this month

Money Control

Money Control · 1y ago

Škoda Kylaq, Maruti Suzuki Dzire, Mahindra XEV 9e & BE 6e to fire up car market this month

Skoda Auto India is set to launch its subcompact SUV, the Kylaq, on November 6, while Maruti Suzuki will unveil the latest version of its Dzire sedan on November 11. Honda Cars India is planning to release the ...

Stock Radar: Hero MotoCorp, Premier Energies, Sun Pharma, Afcons Infrastructure, Zen Technologies in focus on Monday

Money Control

Money Control · 1y ago

Stock Radar: Hero MotoCorp, Premier Energies, Sun Pharma, Afcons Infrastructure, Zen Technologies in focus on Monday

Today's stock market news includes upcoming quarterly earnings announcements from various companies such as ABB India, Bata India, and Sun Pharma Advanced Research Company. Other notable events include Hero Mot...

Trade Spotlight: How should you trade SBI Life, Max Financial Services, BEML, Asahi India Glass, City Union Bank, and others on Muhurat trading day?

Money Control

Money Control · 1y ago

Trade Spotlight: How should you trade SBI Life, Max Financial Services, BEML, Asahi India Glass, City Union Bank, and others on Muhurat trading day?

Here are some top buy ideas for Muhurat Trading Day: 1. Asahi India Glass: Recently broke out of a descending parallel channel with strong volume, indicating a continuation of its bullish trend. Target: Rs 825...

Mid-day Mood | Nifty, Sensex plunge further; all sectors, broader markets trade with sharp cuts

Money Control

Money Control · 1y ago

Mid-day Mood | Nifty, Sensex plunge further; all sectors, broader markets trade with sharp cuts

The Nifty 50 index experienced heavy selling pressure, with Hero MotoCorp, Bajaj Auto, and Sun Pharma being the top losers. The Sensex and Nifty 50 both saw significant declines, affected by factors such as the...

Cabinet approves Rs 1,000-crore VC fund for space startups

Money Control

Money Control · 1y ago

Cabinet approves Rs 1,000-crore VC fund for space startups

The Indian government has approved a venture capital (VC) fund worth Rs 1,000 crore to support the growth of space startups. The fund, planned to be deployed over a period of five years, will provide early-stag...

Moneycontrol Pro Panorama | Retail loan parade of non-banks is over

Money Control

Money Control · 1y ago

Moneycontrol Pro Panorama | Retail loan parade of non-banks is over

Bajaj Finance has tightened its underwriting norms for customers with multiple unsecured loans due to data showing a higher probability of default. This move may indicate that the race for riskier unsecured ret...

Google India's FY24 revenue surges 26% to Rs 5,921 crore; Net profit at Rs 1,425 crore

Money Control

Money Control · 1y ago

Google India's FY24 revenue surges 26% to Rs 5,921 crore; Net profit at Rs 1,425 crore

Google India recorded a 26% increase in revenue to ₹5,921.1 crore for the financial year ending in March 2024, compared to ₹4,700 crore in the previous year. This growth was driven by digital advertising and sa...

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Medial Quiz

Which AI startup focused on finance and accounting recently secured $6.5 million in Series A funding?

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