According to data from Venture Intelligence, early-stage cheque sizes averaged $3.84 million in 2022. As of 26 November this year, they’re already at $3.75 million—just $90,000 short, and with four weeks of deals still to be reported, this year’s average is likely to exceed 2022. The rise in average cheque sizes signals a shift in…
Actor Shilpa Shetty-backed Limelight, which is in talks to raise its second round of capital this year, joins the growing list of other small brands such as Onya, Giva, Jewelbox, Lucira Jewellery and Aukera, among others, who have snagged monies in recent months. Limelight has appointed Ambit Capital to raise about $20 million to fund…
Why has the DoT done this now, and what does it mean for the future of these widely used platforms? What are the new directions? In a letter dated 28 November, DoT asked the companies that own the messaging apps WhatsApp, Telegram, Signal, Arattai, Snapchat, Sharechat, Jiochat, and Josh to ensure that their services remained…
Bank holidays next week, December 1 to December 7: Banks will be closed for two days in the upcoming week in certain parts of India, according to the bank holiday calendar released by the Reserve Bank of India (RBI). Banks across the country will also be closed on Sunday, December 7. Bank holidays in India…
Artificial Intelligence (AI) is fast changing the way we live and work. But, as the discussions about whether AI is the right fit for all professional careers ripen, the age-old discipline of architecture stands at a critical juncture. Can the art of planning, designing and overseeing structures – a practice described as the “mother of…
NEW DELHI : Global air travel experienced a sudden hiccup after aircraft manufacturer Airbus SE ordered repairs to its popular A320-family fleet. Nearly 6,000 jets—about half of all A320-family aircraft in operation worldwide—were grounded for a mandatory software update, reportedly triggered by solar radiation. In India, 338 A320 aircraft operated by IndiGo (200) and the…
India’s aviation regulator on Saturday asked airlines not to fly A320-family aircraft pending mandatory modifications and software fixes, after aeroplane maker Airbus warned that solar radiation could corrupt flight-control data on many in-service jets. The directive covers 338 jets, 56% (189 aircraft) of which have already received the software upgrade by Saturday afternoon, said the…
Bank holiday today: Banks across India will remain open today, November 29, 2025, since it is the fifth Saturday of the month. According to the Reserve Bank of India region-wise holiday calendar (RBI) for the fiscal year 2025-26, Banks are typically closed on weekends, except on the first, third, and fifth Saturdays of each month….
The shift reflects both ambition and timing. While APIs remain a mainstay, firms are now building capabilities in niche molecules, drug discovery, development and scaled manufacturing, as global companies look to derisk supply chains away from China. According to a JM Financial analysis, China accounts for about 13% of the global CRDMO market. Some have…
The reason, according to experts, is that suppliers to pharma companies enjoy clearer growth visibility, far less competition, and stronger margins than industry-linked speciality and agro-chemical businesses that dominate the country’s chemicals landscape. Intermediates tied to new chemical entities require complex synthesis, rigorous regulatory oversight, and long qualification cycles. In such cases, speed matters far…