Funding into Karnataka-based Tech Start-ups Falls 72% to $3.4bn
Total funding into Karnataka-based tech startups sharply fell 72 per cent to $3.4 billion in 2023, from $12.2 billion in 2022, a new report said on Tuesday.
Source: moneylife.in
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Venus Pipes & Tubes: 15%-20% Growth for the Next Four Years Possible
Venus Pipes & Tubes (Venus) reported better than expected performance in Q3FY23-24, with most of its capital expenditure capex being completed. It has started reaping its benefit, with margin expansion.
Source: moneylife.in
PM Modi Launches Rs75,000-cr Rooftop Solar Scheme To Provide Free Electricity
Prime Minister Narendra Modi on Tuesday launched the Rs 75,000 crore rooftop solar scheme for providing free electricity to consumers.
Source: moneylife.in
Now, How about a White Paper on Vision 2047 Rather than on 2004-14?
Late last week, the National Democratic Alliance (NDA) finally came up with a White Paper on the Indian economy. It was not about the current economic situation or a road map for the next five years but a frontal attack on the United Progressive Alliance (UPA) regime, which was in power from 2004 to 2014.
Source: moneylife.in
IL&FS Subsidiary NTDACL Claims Conflict; Wants RoC Coimbatore to Stop Nominee Directors of Parent from Voting on Resolutions
The managing director (MD) of New Tirupur Area Development Corporation Ltd (NTADCL) is understood to have filed a complaint with the registrar of companies (RoC) at Coimbatore, seeking a directive to prevent nominee directors of Infrastructure Leasing & Financial Services (IL&FS) – its parent company – from voting on resolutions of NTADCL, where they have a conflict of interest.
Source: moneylife.in