While the amount of funding in the late stage almost tripled to $458 million from $149 million in May last year, investors made only four investments in May, over eight deals in the year-ago period.
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Festivals in May 2024: May 2024 presents a rich tapestry of Hindu festivals and observances. Devotees can celebrate their faith and engage in spiritual traditions through revered Ekadashis, the birth anniversary of Goddess Sita, and other auspicious occasions.
In May 2024, there are two Pradosh Vrats. The first Pradosh Vrat of the year falls on Sunday, May 5th, 2024, and is known as Ravi Pradosh Vrat. The second Pradosh Vrat is on Monday, May 20th, 2024, and is referred to as Som Pradosh Vrat.
The consumer price index (CPI), a key gauge of inflation, jumped 4.0 percent from a year ago, easing from a 4.9 percent rise in April.
India took 1.96 million barrels a day from Russia in May, 15 per cent more than the previous high in April, according to data from energy cargo tracker Vortexa.
While the funding amount plunged about 44 percent year on year, there was a sharper decline in the number of deals which more than halved in May 2023
The company had posted a total sales of 76,210 units in May 2022, Tata Motors said in a statement.
The company had posted total sales of 13,273 units in May 2022.
The power consumption was also affected in March and April this year due to widespread rains in the country. Experts said that unseasonal rains in March, April and May affected the power consumption in the country.
Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, soared 9.3 per cent to 7.46 million tonne in May compared to the year-ago period.
The company undertook a plant maintenance shutdown from May 15-20.
The company had posted a total passenger vehicle sales of 26,904 units in May 2022, Mahindra & Mahindra (M&M) said in a regulatory filing.
This is the highest investment by FPIs in the last six months. Before this, they made a net investment of Rs 36,239 crore in equities in November 2022, data available with the depositories showed.
With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed.
Ali Zafar, the attorney for former premier Imran Khan's Tahreek-e-Insaf party, said the three-member panel of judges headed by Chief Justice Umar Ata Bandyal set the new vote for May 14.
ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020.
Domestic sales last month were at 53,525 units as compared to 20,073 units sold a year ago. Royal Enfield said its exports were reported at 10,118 units last month while the same was at 7,221 units in the year-ago period.
Fall in the number of fresh subscribers under the scheme is an indication of a drop in job creation in the economy, which has been hit by the second wave of the coronavirus
Data from the last 10 years suggest that bulls got an upper hand seven times in the month of April. Nifty50 closed in the green in 6 out of the last 10 years, data from AceEquity showed.
Consumer non-durables have been declining for the seventh consecutive month. The contraction has declined to 2.2 percent for the month in question. Food inflaiton quickened to 7.79 percent last month.
Automakers reported higher June sales amid strong demand for pickup trucks and sport utility vehicles, but on an annualised basis, the June industry selling rate came in at 16.66 million units, well below May's sales pace of 17.45 million.
Retail sales fell 1.9 percent in May from a year earlier, more than a median market forecast for a 1.6 percent declines, data from the Ministry of Economy, Trade and Industry showed.
While growth in northern market has been tepid, southern markets have been growing phenomenally, says Ravi Menon, CEO of Agri Machinery, Escorts.
In Asia, all eyes are set on the Bank of Japan's policy decision due today. In Japan, economists are mixed on whether BoJ governor Haruhiko Kuroda will boost stimulus.