46 result(s) for “Business”
Even Healthcare closed a $50 million Series B on October 19, 2026, led by Khosla Ventures and participation from Alpha Wave, valuing the Bengaluru startup at about $300 million as it shifts from partnership-led care to operating its own hospitals across the city.
US comments that a near final India US trade agreement helped shape Washington’s decision to waive Russia oil sanctions land in New Delhi as business and energy leaders weigh market and diplomatic consequences.
HDFC Bank, ICICI Bank and other major private lenders reported October 17 and 18, 2026 quarterly results showing modest profit growth, improving asset quality and signs of loan expansion that could support credit-led growth in coming quarters.
NetApp announced the 15th cohort of its Excellerator programme on October 16 and multiple outlets updated coverage on October 17. The intake includes startups from India and highlights growing domestic strength in enterprise AI, generative AI security and workflow automation.
Managed AI company RapidCanvas closed a $29 million Series B led by Vertex Ventures Southeast Asia and India, with Hitachi Ventures and existing backers joining. The round, announced October 16, 2026, will fund go to market expansion and hiring of field AI engineers across India, the United States and Brazil.
Reliance Industries on October 16 said it welcomes competition in satellite broadband, responding to Elon Musk’s public criticisms of India’s licensing process. The statement underscores growing tensions between foreign satellite operators, domestic conglomerates and regulators ahead of Jio’s planned satellite services and a major Jio-related IPO later this month.
Jio Platforms has filed its Red Herring Prospectus and fixed a price band that would make its share sale the biggest in Indian history. The offering is structured as a fresh issue, with most proceeds earmarked to retire subsidiary debt, reshaping Reliance’s capital structure and testing investor appetite for a major domestic tech listing.
Jio Platforms filed its red herring prospectus on October 15, 2026, formally launching what is set to be India’s biggest initial public offering, with a price band of ₹1,065 to ₹1,119 and an expected raise of about ₹30,200 crore. The move is poised to reshape local capital markets and tests investor appetite for a large technology and telecom conglomerate.
Google.org has pledged a $15 million programme with Indian action institute The/Nudge to develop AI toolkits, market access and credit-readiness solutions for micro, small and medium enterprises, a move that could reshape digital inclusion for millions of informal and small businesses across India.
Hyundai Motor Group announced a seven year, $15.5 billion investment plan on October 13, 2026, committing capital to manufacturing, research and development, supplier localization and future mobility businesses as it seeks to make India a core export and innovation hub.
Provisional government data show headline consumer price inflation rose to 5.54 percent in September 2026, driven by a sharp jump in food costs led by onions and other vegetables. The rise complicates the Reserve Bank of India’s path on rates and will squeeze household budgets ahead of winter.
L&T Finance has launched the second edition of Pitch Point, an AI startup competition that will select five finalists to pitch at RAISE 26 in Mumbai, offering prize money, proof of concept opportunities with L&T Group companies, and access to its innovation fund.
The GST Council has recommended expanding mandatory e-invoicing to cover reverse charge purchases from unregistered sellers and imports of services for taxpayers with turnover above Rs 5 crore, a change that will force firms to update accounting flows and could improve tax transparency while raising short term compliance costs.
India’s central bank unveiled a package of measures on October 11, 2026 to calm extreme pressure on the rupee, offering direct dollar sales to state oil firms and raising the cost of speculative hedging. Officials say the steps are designed to reduce spot market demand for dollars while limiting one-way derivative bets that have amplified recent weakness.
DailyObjects closed a mixed primary and secondary Series C on October 10, 2026, at about a Rs 1,050 crore valuation. The raise, led by Xponentia, Anicut and Axiom Asia, funds an aggressive offline expansion and deeper product R and D as India’s lifestyle accessories market matures.