The move will curb the AUM growth to 20-23% this fiscal from the previously projected 25-30%, president and CFO Arul Selvan has said
Zoho founder Sridhar Vembu's other suggestion revolves around discouraging India's brightest talent from going into finance, as an India 'addicted' to this could lead to 'societal ruin'.
The fund close comes amid growing investor interest in India’s deep-tech sector, fueled by strong policy support, shifts in global supply chains, and an expanding pool of commercially astute technical founders.
Tariff pressures have emerged at a time when P&G is undertaking a new two-year restructuring program to trim non-manufacturing roles, after reporting six consecutive years of +4% organic sales growth.
Supply chain managers worldwide have faced multiple disruptions in the past decade, from the COVID-19 pandemic to geopolitical conflicts. However, the unpredictability brought by Donald Trump’s second term, with rapid tariff threats and trade wars, has created unprecedented challenges
India is late in sourcing critical minerals but it has covered a lot of ground
Every state must expand jobs wherever they can because that will give confidence to consumption, Rajan said
India stands to benefit, particularly in sectors like pharmaceuticals, textiles, and electronics, which are positioned to capture value as companies look to diversify away from China, a State Bank of India (SBI) report said.
Along with the pivot, the firm has also announced raising $15 million in a mix of debt and equity led by Lightspeed Venture Partners.
Foxconn is building the world's largest Nvidia GB200 chip manufacturing facility to help meet "awfully huge" demand for the AI darling's Bl.
The deal hinges on the valuation the supply-chain financing platform is offered. The talks come at a time when large-ticket deals, $100 million and above, are making a comeback in the Indian startup scene
Lowering import tariffs and a host of other measures can help enhance India’s GVC participation
In an interview to Moneycontrol, HUL's executive director, supply chain, Yogesh Mishra discusses the company's strategic focus on rapid changeovers, utilisation of nano factories for smaller batch production, and implementation of AI for stock keeping, predciting supplies and prices
Red Sea issues affect Audi's supply chain, delaying car deliveries to India in Q1; recovery anticipated in the following months.
Five thousand miles from the canals of Suez and Panama lie even more important shipping lanes, chokepoints that could cripple global trade should any disaster befall them
The pact is aimed at adopting natural gas for transportation for fleet operators, including those deployed by Adani Group companies in sectors like cement, ports and logistics
After the Ukraine-Russia conflict, came the Israel-Gaza war, and now the focus is on the Red Sea shipping crisis. It could be the first signs of supply chain disruption
Bhargava also revealed that it was one of the first automakers which started focussing on EVs by developing the electric variant of WagonR hatchback. However, it didn’t commercially roll out the e-WagonR because the company didn’t find it a “viable proposition”
New Delhi’s decision to stay away from the trade pillar negotiations and its rigid stand on tariffs can come in the way of making the most of the IPEF agreement on supply chains
Roland Busch says there is a war for talent in India as companies across the world are scouting for skilled manpower.
The startup had earlier raised Rs 35 crore from existing investors Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Huddle, Eaglewings Ventures (EVAN), and others.
Celcius is an asset-light platform with more than 4,500 reefer vehicles, 107 cold storage facilities, seven distribution centres, and 150 hyperlocal riders in over 350 cities.
President Joe Biden’s administration has been seeking help from allies including South Korea in reducing the global supply chain’s dependence on China
The Special Secretary in the Commerce Ministry said manufacturing and logistics are not enough to build resilient supply chains; it needs R&D, and technology too.
India and the US will hold a commercial dialogue on March 10 after a gap of three years.