Author: Rahul Mehra
News Editor

New Delhi: Indian Space Research Organisation (ISRO) and Microsoft signed a memorandum of understanding (MoU) to boost Indian space tech start-ups with technology tools, go-to-market support and mentoring to assist them scale and become business ready.  This comes when the Indian space tech start-up ecosystem sees a lot of activity. 2022 was a historic year for the ecosystem, apart from many satellite launches country recorded its first private rocket launch. The new year also began with Bengaluru-based space tech company Digantara launching their satellite aboard a Space X rocket.  With this tie-up, ISRO’s identified space tech startups will be onboarded onto…

New Delhi: iThrive, a health and wellness startup has announced the appointment of Neelesh Marik to its Board of Directors. Marik has 30 years of experience in established blue-chip start-ups across various products, including consumer and industrial. His expertise spreads over the service sector in various industries like consulting, technology and education. The work also involves working in businesses and NGOs in multiple geographies like Asia, Europe, America, and Australia. He has experienced and handled all stages of industry cycles, from growth and maturity to decline.   Neelesh has 12 years of transdisciplinary research and study across philosophy, social sciences, psychology, complexity…

New Delhi – Direct Mutual Funds officially completed ten years of existence on January 1, 2023, allowing Indian investors to earn 1% more than regular funds by saving on commissions. To mark this occasion, ET Money, one of India’s largest wealth tech platforms that helps Indians manage more than Rs. 30,000 crores of mutual fund investments, has released a study that shows this landmark reform’s impact on investors’ wealth. The study indicates that Indian investors who opted for direct mutual funds in the last 10 years have collectively earned thousands of crores in extra returns. The results are based on the…

New Delhi: BSE and CSE (Kolkatta Stock Exchange) listed, Global Capital Markets Ltd, an NBFC, traditionally engaged in the business of investment in shares and securities and providing finance, has Informed the Exchange that it is planning to expand and Board had discussed about entering the sector of Bills Discounting which would be either anchor/shipper lead model or transportation led model which would focus on small ticket sized loans ranging from Rs. 2 lacks to Rs. 25 lacks.  The Board has also discussed about entering the Gold Loan Financing sector, wherein it would engage in financing against Gold to small retail…

Chennai: Shri Sanjay Mudaliar, Chief General Manager & Chief Technology Officer, Bank of Baroda, has been elevated as Executive Director of Indian Overseas Bank w.e.f 1st January 2023. He is a Postgraduate in Science and Technology and a Certified Project Management Practitioner from London (UK). He was holding the position of Chief Technology Officer of the Bank’s Global Operations, spanning across 17 countries. He is a seasoned banker with a career spanning over 30 years across industries and financial institutions. Of these, for the last 25 years, he has been associated with the Bank of Baroda in various capacities across the…

New Delhi: FlexiLoans.com, India’s leading MSME-focused fintech lending company, proudly announces that it has been certified as a Great Place to Work by Great Place to Work® India (GPTW) for 3rd time in a row. The Great Place to Work® Certification is awarded to organizations that deliver excellent employee experiences and demonstrate best-in-class people practices. In its efforts to fuel “Atmanirbhar Bharat” growth, FlexiLoans.com provides ‘Loans at a Click’ to small businesses and has disbursed over 58,000+ loans worth over Rs. 3000 Crs. to MSMEs across 1,600+ cities through 100% digital originations and zero branches. Commenting on this development, Deepak Jain,…

Dekhava plans to expand its territories in the other 1 and 2-tier cities and open its offline stores.

The event by Antrapreneur, the Business Incubator, featured Shri TV Mohandas Pai, a chartered accountant, an ex-director of Infosys and a Padma Shri Award winner, currently the chairman of Manipal Global Education.

New Delhi: Global brokerage Jefferies reported that it has turned positive on Indian metals after almost a year. China has begun to relax the Covid policy and support its struggling property sector. The brokerage thinks the big chunk of earnings cuts for Tata Steel/Hindalco and the worst-margin quarter for Indian steel are behind. According to the reports, “Tata Steel’s PB and EV/IC valuations are close to its long-term averages, which we find attractive amid its improving asset footprint and balance sheet.” Jefferies has upgraded metal stocks Tata Steel (with a target price of ₹150) and Hindalco’s (with a target price…

Founded by noted entrepreneur and social worker Punam Gupta, Immuno Life will use the funds received as a part of incubation to expand its business, including launching new products and expanding its distribution and retail presence.