India is entering a decisive phase of growth, driven by AI that has the potential to transform industry, infrastructure and energy systems. From advanced manufacturing to energy production, AI is already moving to the core of industrial operations. As it does so, the pressure is mounting to meet its significant power demands. For decades, geopolitics … Read more
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup … Read more
A rapidly growing economy has enriched the investing landscape for private equity firms such as Warburg Pincus in India with an unprecedented breadth of opportunity that outshines the rich multiples, said its senior leadership. Read more: Warburg Pincus chiefs say the biggest shift in India is convincing business families to let go of emotionally held … Read more
CCI has observed that passengers were “left with no real choice but to accept last-minute cancellations” and were forced to seek alternatives “at significantly higher prices”. Given IndiGo’s dominant position, consumers were “effectively locked in and lacked viable alternatives.” In a 16-page order dated 4 February, the CCI has directed the Director General (DG), the … Read more
The next 20-25 years will be the era of India, which over the next decade or more is going to grow at 8-10 per cent, BlackRock CEO Larry Fink said on Wednesday. Speaking at a fireside chat with billionaire Mukesh Ambani on ‘Investing For a New Era’, the CEO of the US multinational investment management … Read more
Three managing directors, Ashish Agrawal, Ishaan Mittal and Tejeshwi Sharma, have exited Peak XV Partners, marking another round of senior-level departures at the venture capital firm amid an ongoing leadership reshuffle. The exits come at a time when Peak XV is in the midst of a broader transition, recalibrating the organization and investment strategy following … Read more
When Saahil Goel says, “We renamed ourselves to Shiprocket,” he is not talking about a cosmetic rebrand. He is referring to a moment when a 14-year-old company finally recognised what it truly was and what it was meant to build. “I think for the first time, the whole company felt it,” he says. For the … Read more
Global private equity firms including Apax Funds and Advent International have joined the race to acquire a majority stake in RedTape, in a transaction that could value the Indian footwear maker at ₹4,500–5,000 crore (about $500 million), three people familiar with the matter said on condition of anonymity. The proposed deal marks one of the … Read more
The “game-changer” free trade agreement (FTA) between India and the European Union (EU) is set to unlock significant trade and investment opportunities for the country in the high-potential market of the 27-nation bloc, which remained untapped and boost India’s export competitiveness, industry bodies said on Tuesday. The European Union and India on Tuesday announced the … Read more