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Allegations against BluSmart are poised to undermine investor trust, cautions former BSE chairman S Ravi. The implications of these claims could significantly impact the company's reputation and its ability to attract future investments.
Delhivery has sought approval from the Competition Commission of India to acquire a 99.4% stake in Ecom Express for ₹1,407 crore (US$164.8 million), asserting that the deal will not significantly impact competition in the logistics sector. This acquisition reflects a consolidation trend in India's logistics market, projected to grow to $484.43 billion by 2029, driven by e-commerce expansion. Despite operational challenges, Ecom Express's extensive infrastructure remains valuable, with the logistics industry contributing approximately 14% to India's GDP.
Eva Dou’s "House of Huawei" explores the rise of the Chinese telecom giant amid US-China tensions and global tech rivalries. The book chronicles Huawei's evolution from obscurity to a global powerhouse, highlighting its controversies, technological achievements, and the geopolitical implications of its dominance. Dou presents a nuanced view of Huawei, reflecting on trust issues that now shape global technology policy and the broader narrative of China's ascent as an innovation leader.
Eversource Capital is currently in discussions to acquire BluSmart, a move that could significantly impact the electric vehicle and clean energy sectors. This potential acquisition highlights the growing interest in sustainable transportation solutions and investment opportunities in the market.
Indian nationals in Gulf states, despite comprising only a quarter of the diaspora, contribute nearly 40% of India's bank remittances, sending home $118.7 billion in the fiscal year 2023-24. This trend is driven by the nature of their migration, as many work alone to support families back home, often through informal channels that may significantly increase actual remittance figures. Experts predict that Gulf migration will remain significant for the next 15 to 20 years, despite shifts in remittance patterns from other regions.
Indian nationals in Gulf states, making up just over a quarter of the diaspora, contribute nearly 40% of India's bank remittances, totaling $118.7 billion in the fiscal year 2023-24. The majority work alone, sending money home to support families, with actual remittances likely higher due to informal channels. Despite a shift in remittance sources, Gulf migration is expected to remain significant for the next 15 to 20 years.
Indian nationals in Gulf states, despite comprising just over a quarter of the diaspora, contribute nearly 40% of India's remittances, sending home $118.7 billion in the fiscal year 2023-24. This significant share is attributed to their focus on work and saving, as many live alone and send money back to support families. The actual remittance figures are likely higher due to informal channels, with Gulf migration expected to remain strong for the next 15 to 20 years.
NTT DATA and Neysa are set to establish a significant AI data centre in Hyderabad, with an investment of INR 10,500 crore. This development underscores the growing emphasis on artificial intelligence infrastructure in India, positioning the region as a key player in the tech landscape.
Startups in India raised a total of $65.3 million across 22 deals from April 14 to 19, marking a 67% decline from the previous week's $195.1 million raised through 20 deals. Deeptech led the funding sector with four startups securing $22.9 million, while five seed-stage startups raised only $2.3 million, down from $10.1 million the prior week.
In a volatile trading environment, a diversified fixed income strategy is recommended, allocating ₹10 lakhs into 33% corporate bonds (12-18 month tenure), 33% long-term G-Secs, and 33% high-rated corporate bonds (AAA or AA-rated). With the RBI easing interest rates and inflation under control, fixed income investments are seen as favorable, especially as retail investors increasingly shift towards these assets amid global uncertainties. A focus on high-quality, low-duration investments can help mitigate risks in the current market landscape.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
investor trust at risk due to bluSmart allegations warns former bse chairman
07:56 20.04.2025
Delhivery seeks approval for major acquisition of Ecom Express stake
06:55 20.04.2025
the rise of huawei in the global tech war and geopolitics
18:31 19.04.2025
Eversource Capital Negotiates Acquisition of BluSmart Startup
17:39 19.04.2025
indian diaspora in gulf states drives significant remittance growth to india
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15:21 19.04.2025
Indian diaspora in Gulf countries drives significant remittance growth to India
United Arab Emirates Dirham
Saudi Riyal
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14:26 19.04.2025
gulf-based indians contribute 40 percent of india's remittances despite small diaspora
United Arab Emirates Dirham
Saudi Riyal
Indian Rupee
United States Dollar
Qatari Riyal
GBR
KWT
CAN
IND
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USA
SAU
OMN
BHR
QAT
Pabitra Margherita
Show more
14:23 19.04.2025
ntt data and neysa to invest in major ai data centre in hyderabad
13:59 19.04.2025
Indian startups secure 65 million dollars in funding amid significant decline
12:07 19.04.2025
fixed income investment strategy for uncertain times a balanced approach
10:41 19.04.2025
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