MUMBAI: 360 One Asset’s private equity and venture capital arm has launched a ₹1,000 crore fund focused on defence and space investments, backed entirely by domestic limited partners, senior executives at the firm said. The fund is expected to reach a final close within the next two months and invest in 15-20 companies across the…
In an effort to catch up, in recent times, legacy companies have taken the “if you can’t beat ’em, then join ’em” approach. And so, they have stepped up investments in these upstart D2C brands, leveraging their balance sheets and distribution capabilities to buy them outright or get a foot in the door. Simply put,…
Chhattisgarh government is stepping up efforts to position itself as a leading pharmaceutical and biotechnology hub in central India, officials said in a statement on 20 January. This, they said, is backed by a high-incentive industrial policy, a dedicated pharma park at Nava Raipur and expanding healthcare and manufacturing infrastructure in the state. “Our objective…
Classics such as Pyaasa (1957), Half Ticket (1962), Rangeela (1995), Pardes (1997), and Sarfarosh (1999) have seen renewed traction among younger audiences, driven by improved restoration quality, wider accessibility, and curated discovery on streaming platforms, according to the Ultra Media OTT Insights Report 2025 published by film company Ultra Media & Entertainment Group. That renewed…
Used to transport oil by countries under Western sanctions such as Russia, Iran and Venezuela, the size of this fleet has grown manifold and now accounts for an estimated 18.5% of global tanker capacity, according to S&P Global. It’s called a shadow fleet because it uses various methods to evade detection by sanctions-enforcement agencies, such…
Emphasizing that strong governance underpins the stability and credibility of the cooperative banking sector, Reserve Bank of India governor Sanjay Malhotra on Monday urged urban co-operative banks (UCBs) to uphold high standards of oversight, underwriting discipline and asset quality management. The governor made the remarks at a meeting in Mumbai with chairpersons, managing directors and…
Solar module prices have surged by roughly a third since late December, thanks to soaring prices of silver and aluminium, a weaker rupee, and a global scramble for components after China tightened wafer quotas and signalled a rollback of a 9% value-added tax refund. The price of photovoltaic cells—the core of the solar panel—has jumped…
Management commentary from the December quarter earnings season of major private banks suggests that margins will be cushioned by factors such as a lag in deposit repricing, a higher share of low-cost current account savings account (Casa) funds, and more selective lending. HDFC Bank, which saw its NIM on total assets expand by 8 bps…
While they are structuring brand partnerships around story integrations, sponsorships, and genre-based placements using anonymised insights, they are addressing key challenges—including age-gating, content classification, parental controls, and the moderation of mature themes in short-form narratives—through age verification at onboarding, episode-level content descriptors, parental control tools, and continuous content monitoring. The ministry of electronics and information…
The ministry of textiles increased the monetary ceiling to ₹1 crore from ₹50 lakh by amending Rule 22 of the Central Silk Board Rules, 1955, through a government notification issued on Friday. The change allows higher-value proposals to be cleared at the board level without repeated escalation for approvals, a process that officials said had…