ROUND

Russia's Rostec corporation has organized the production of armour-piercing rounds for Russian-made battle tanks in India. The "Mango" projectiles are designed to be fired from the guns of T-72 and T-90 tanks used by India's land forces. Rostec plan...

Magic, a U.S. startup, is raising $200 million for AI software development without revenue. Investors are funding coding assistants like GitHub Copilot. Paris-based Poolside AI also trains large language models. Magic's unique design surpasses trans...

The company has allocated 87.30 lakh shares to 18 funds at Rs 256 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 223.5 crore, it added. The maiden public issue is an entirely fresh issue of equity s...

Emcure Pharmaceuticals has allocated 57.8 lakh equity shares to 48 funds at the upper end of the IPO price band, raising Rs 582.6 crore. The public subscription for the IPO will commence on July 3rd and conclude on July 5th.

Purplle has also announced a Employee Stock Ownership Plan (Esop) liquidity programme and will offer liquidity of Rs 50 crore to its employees. Company cofounder and CEO said they will constantly innovate their technology to provide the best for the...

UPSC Civil Services Prelims 2024 results are out for the June 16 exam. Candidates can access them on upsc.gov.in. Successful candidates move to the Mains round, including a written examination and personality test starting September 20.

French far-right leader Marine Le Pen is calling on voters to give her National Rally an “absolute majority” in parliament as polling projections say French voters have propelled the party to a strong lead in Sunday's first-round legislative electio...

Exciting Round of 16 matches unfold as top teams battle for victory. The European Championship intensifies with thrilling matchups captivating football fans globally.

Two Brothers Organic Farms, an agritech startup, has raised Rs 58.2 crore in funding led by Nithin Kamath's Rainmatter Foundation. The round also saw participation from Silicon Valley entrepreneur Raju Chekuri, founder of the cybersecurity firm NetE...

The San Francisco-based company said on Thursday that it will use the funds to accelerate the development of its technology and "expand into new industry verticals."

EV bike maker Matter Motors raised Rs 28 crore in funding led by investors Japan Airlines & TransLink Innovation Fund among others. The company competes with automakers like Ultraviolette and Tork Motors.

Online healthcare and technology solutions provider Cloudphysician has raised $10.5 million (about Rs 87.7 crore) in a funding round led by Peak XV Partners, along with Elevar Equity and venture debt firm Panthera Peak. The startup will use the capi...

The company has allocated 1.6 crore equity shares to 17 funds at Rs 281 each, the top of the price band, amounting to a deal size of Rs 449 crore, according to the report. The public offering, priced between Rs 267 and Rs 281 per share, aims to rais...

The Chinese-founded company, which was valued at $66 billion in a fundraising round last year, had started engaging with its financial and legal advisors to explore a listing on the London Stock Exchange early this year, sources told Reuters in May.

The winners of six critical mineral blocks, including the highly contested Katghora block, will be announced on Monday. Among them is India's first lithium and rare earth element (REE) mine. The first round of auctions, launched on November 23 last ...

In an office memorandum issued on Saturday, the ministry of road transport and highways said the control room has been set up to monitor the problems arising from heavy rains impacting the operation of national highways in the country, viz., disrupt...

A substantial portion of the funds will be allocated to building and scaling teams in key domains such as technology, product development, design, and strategy, said Rishabh Kumar, one of the three cofounders of Maino.ai.

PropTech firms have seen a significant growth in investment since FY 2011, with a total of $4.6 billion in the last 14 years. This growth is attributed to the transformative impact of technology on the real estate industry, driving efficiency and in...

A win on Thursday will almost guarantee the Indian team a maiden appearance in the third round of the FIFA World Cup, the finals of which are scheduled to be held in USA, Canada and Mexico in 2026. Chhetri last month announced that the second leg ma...