Dealshare raises $165 million at $1.6 billion valuation – Times of India

NEW DELHI: Three-year-old social e-commerce start-up DealShare today announced that it has raised $165 million in the first close of its Series E fund raise. The Company welcomed Dragoneer Investments Group, Kora Capital and Unilever Ventures, along with continued commitments from existing investors Tiger Global and Alpha Wave Global (Falcon More...

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By admin On Saturday, January 29th, 2022
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Air India selloff needed for nation’s good: Scindia – Times of India

NEW DELHI: After their “ill-fated” merger in 2007, erstwhile Air India and Indian Airlines lost Rs 83,000 crore. In the 14 years since then, successive governments pumped in Rs 55,000 crore as equity and More...

By admin On Saturday, January 29th, 2022
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spicejet: Pay dues or be declared insolvent: Supreme Court to SpiceJet – Times of India

NEW DELHI: “Do you want to run or close shop?” the Supreme Court asked SpiceJet on Friday. It slammed the beleaguered low-cost carrier — facing a winding-up process initiated by Credit Suisse for defaulting More...

By admin On Saturday, January 29th, 2022
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nageswaran: V Anantha Nageswaran to be govt’s next chief economic adviser – Times of India

NEW DELHI: The Centre on Friday appointed V Anantha Nageswaran as the chief economic adviser (CEA). With this, the government has filled up the vacancy created after the departure of Krishnamurthy Subramanian, More...

By admin On Saturday, January 29th, 2022
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Bad bank takes off, to get Rs 50,000cr of NPAs in FY22 – Times of India

MUMBAI: State Bank of India chairman Dinesh Khara on Friday said that the National Asset Reconstruction Company (NARCL) — the bad bank proposed to take over non-performing loans (NPLs) — has received all More...

By admin On Saturday, January 29th, 2022
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Gold Jewellery Demand Nearly Doubles In 2021 | Chennai News – Times of India

CHENNAI: Gold jewellery demand in India grew 93% to a six-year high of 611 tonne in 2021 from 316 tonne in 2020. As increase in number of weddings, higher savings and pent-up demand boosted the jewellery market, More...

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birla: Conventional, New Eco Engines Are Firing Pvt Sector, Says Birla | Mumbai News – Times of India

MUMBAI: The coming decade will see an upsurge in capital expenditure across many sectors, Aditya Birla Group chairman Kumar Mangalam Birla said in a post on his reflections of the last two years. Birla said the More...

By admin On Saturday, January 29th, 2022
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rbi: Easy Money Approach Has Served Us Well: Rbi | Mumbai News – Times of India

MUMBAI: The RBI has said that India is on course to rank among the world’s fastest growing economies, but there is some distance to go. According to deputy governor Michael Patra, the RBI has taken a contrarian More...

By admin On Saturday, January 29th, 2022
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Air India takes off on long haul to revival – Times of India

NEW DELHI: Air India flights started operating under the Tata banner from Friday after nearly seven decades. Getting the most suitable buyer means the debt-laden airline has avoided a shutdown like Kingfisher More...

By admin On Saturday, January 29th, 2022
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airtel: After Jio deal, Google to invest $1 billion in Airtel now – Times of India

NEW DELHI: Sunil Mittal’s Airtel secured a $1 billion ‘strategic funding’ from Google as the American tech giant widened its investment spread in India beyond the $4.5 billion (Rs 33,737 crore) deal it More...


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