Bengaluru: IPO-bound Flipkart Group on Monday announced a leadership change at Myntra, naming Sharon Pais as the head of the fashion e-tailer with immediate effect, while current chief executive Nandita Sinha moves on from the company.Sinha will continue to support the business over the coming months to ensure continuity, the company said.Pais will report to…
Bengaluru: The centre has notified the Startup India Fund of Funds 2.0 with a Rs 10,000 crore corpus to channel venture capital into startups, with a focus on deeptech and manufacturing.The scheme retains the earlier fund-of-funds structure, with government capital flowing into SEBI-registered Alternative Investment Funds (AIFs), which will invest in startups.What is new is…
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NEW DELHI: In what may be bad news for India’s farm sector and the overall rural economy, the IMD on Monday predicted ‘below normal’ southwest (summer) monsoon seasonal (June-Sept) rainfall over the country as a whole amid growing risk of El Niño conditions, which is invariably linked to depressed rainfall over the Indian sub-continent during…
Any restrictions to the flow of crude oil in the world markets will raise prices, in turn causing import bills of dependent economies like India to balloon. (AI image) Will the Donald Trump administration’s move to blockade the Strait of Hormuz impact India and China? The US has begun the blockade of the all important…
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