Overall venture capital (VC) fund exits in Indian start-ups surged over 10 times to cross $14 billion in 2021 in comparison to the previous year, according to a report by Bain & Company.
Read more: VC exits from Indian start-ups soar 10X to $14 bn in 2021: Bain & Co report
Three Indian restaurants have featured in Asia’s 50 Best Restaurants published by William Reed Business Media Ltd. Taking the 21st and the 22nd spots are Masque in Mumbai and Indian Accent in Delhi, while Megu in New Delhi grabbed the 49th spot. Moreover, this year’s edition has a new ‘best restaurant’. The latest list, published on March 29, places Den in Tokyo in the top spot.
Read more: Three Indian restaurants named among Asia’s Top 50
US-based automobile marque Jeep has revealed new details about their upcoming SUV Meridian in the Indian market. The company, which had officially unveiled Meridian through its social media platforms last month, announced that the new SUV would be produced at its Indian facility at Ranjangaon, Maharashtra.
Read more: Jeep Meridian coming to India soon: Bookings start in May 2022
Co-sharing workspace company WeWork has named Indian-American real estate veteran Sandeep Mathrani as the new chairman of the company. Mathrani became part of the global flexible space company as the Chief Executive Officer in February 2020.
Mathrani was brought in at a critical juncture as WeWork was rebuilding itself after the COVID-19 induced disruptions, a recent failed attempt to launch an initial public offering and the sudden exit of co-founder and former CEO Adam Neumann.
Read more: Meet Sandeep Mathrani, WeWork's new chairman
Shares of Ruchi Soya rose for the second straight session, on Wednesday, despite the company filing an FIR in Haridwar to investigate the source of SMSs advising investors to participate in its follow on public offer (FPO).
The development came after the market regulator SEBI, on March 28, asked the Baba Ramdev-led firm to provide an option to all investors (except anchor investors) in its follow-on public offer (FPO) to withdraw their bids due to "circulation of unsolicited SMSs advertising the issue”.
Read more: Ruchi Soya stock zooms 19% in two sessions despite FPO bid recall option
Indians lost over 2.6 years in their life expectancy in 2021 as an impact of the COVID-19 pandemic, shows a study published in Population and Development Review, a journal of the Population Council.
The study -- which is titled Global and National Declines in Life Expectancy: An End-of-2021 Assessment” -- was done with the aim of tracking changes in life expectancies around the world.
Read more: COVID-19 impact: Indians lost 2.6 years of life expectancy, study shows
Government has approved that all telecom service providers who have opted for moratorium shall pay bank guarantees worth the next payable instalment, including that part of the deferred payment due with that instalment, the Minister of State for Communications Devusinh Chauhan informed the Lok Sabha on Wednesday.
Read more: AGR dues: Telcos opting for moratorium shall submit bank guarantees, says govt
As per a survey by global IT governance firm, ISACA, which was conducted this year, 60 per cent of the organisations in India revealed that they have vacant cybersecurity positions whereas 42 per cent reported that their organisation's cybersecurity team is understaffed. Read more: As cybersecurity talent becomes rare, Indian companies struggle to play catch-up
The National Highways Authority of India's debt has gone up 14 times since 2014-15 to stand at Rs 3,47,685 crore, as of March 22, 2022, the government told the Parliament. Also Read: NHAI's debt rose 14 times since 2014 to Rs 3.47 lakh cr: Govt