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Blume Ventures raises $250 mn in its fourth and biggest fund so far

Blume’s investment corpus has grown from $20 million in its first fund to $60 million in the second and $102…

Updated: December 7, 2022 18:13 IST

AWS to continue investing in India, create 48,000 jobs per year

The firm, which skilled about 3 million people in India on cloud in the last five years, also intends to…

Updated: December 2, 2022 08:07 IST

Essar, Essar investment, Essar investment in odisha

Odisha Summit: Essar to invest Rs 57,000 crore in state; Petrochem plant, iron ore pellets unit among projects planned

First-of-its kind crude-to-petrochemicals plant, iron ore pellet unit among projects planned

Updated: December 2, 2022 00:43 IST

AWS launches second infrastructure region in India, to invest $4.4 billion by 2030

The investment is also estimated to create an average of more than 48,000 full-time jobs annually, which will be part…

Updated: November 22, 2022 11:42 IST

Expect CPI inflation for October lower than 7%: Shaktikanta Das

The CPI inflation has remained above 7% for two consecutive months, after dipping to 6.7% in July.

Updated: November 12, 2022 16:58 IST

FM Sitharaman, US treasury secy call for bolstering economic ties amid global turmoil

Yellen stressed that Russia’s “unjustified invasion” of Ukraine “generated an unwelcome shock to fuel and food prices and greatly exacerbated…

November 11, 2022 16:19 IST

Tiger Global-backed Plum Insurance to sack 36 employees

Plum, that provides group health insurance to corporates said it has close to 2,000 clients, some of which include Swiggy,…

Updated: November 9, 2022 13:51 IST

New business premium for life insurance industry rises 15.32% in October

New business premium or the first-year premium of private sector life insurance companies in October grew 11% y-o-y to Rs…

Updated: November 8, 2022 11:33 IST

Cognizant net profit up 15.6% YoY, lowers 2022 revenue growth guidance to 7%

The Teaneck, New Jersey-based firm expects its full year 2022 revenue to grow 7% in constant currency to about $19.3…

Updated: November 3, 2022 12:08 IST

IT sector needs to find new locations, talent sources to address attrition: Rishad Premji

“Covid has shown us that work can be done remotely and at scale. This would make it easier to widen…

Updated: November 2, 2022 18:03 IST

Udaan bags $120mn in funding via convertible notes

A person aware of the fundraise told FE that Udaan was valued at around $3.2 billion in this funding round.

Updated: October 27, 2022 15:48 IST

Want internet to be free from market domination by anyone: MoS MeitY Rajeev Chandrasekhar

With a fine of Rs 936 crore on Tuesday, in total the competition watchdog has imposed a fine of Rs…

Updated: October 27, 2022 15:37 IST

Govt working to ensure efficient use of spectrum, telecom secy says

“(As) technologies evolve continuously, therefore, the use of spectrum also needs to evolve…to give ways to effective and more productive…

Updated: October 26, 2022 20:11 IST

CCI slaps Rs 1,338-crore penalty on Google

Further, Google also secured significant competitive edge over its competitors, in relation to its another revenue earning app such as…

Updated: October 20, 2022 22:26 IST

SEBI, adjusted gross revenue, vodafone idea,

SEBI clears way for govt to become largest shareholder in Vodafone Idea, forego dues

Since an open offer will also give the benefit to existing shareholders to exit the company, it will result in…

Updated: October 20, 2022 20:20 IST

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Consumer sector sees surge in CEO transitions

Business4 hr ago

In India, the consumer sector is witnessing a major change in leadership, with 1 in 3 CEOs switching roles in the last 3 years. 57% of these leaders moved from multinational corporations to Indian firms, driven by generational changes and increasing trust in local brands. Indian companies are also offering competitive compensation, making them attractive for global talent.

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