Reuters

Finance

The Federal Reserve Wednesday raised its benchmark overnight interest rate by half a percentage point, the biggest jump in 22 ......

US Fed hikes interest rate by half percentage point, to begin balance sheet reduction in June

General

A few Federal Reserve officials thought last month it would soon be time to slow the pace of their bond ......

Few clues on timing of QE3 reduction in Fed minutes

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Siddhant Mishra

Invite-only networking platform for startups and investors, Scope has secured $90 million in a funding round led by Singapore-headquartered Apricot ......

Scope gets $90 mn for expansion, procures licence for US business

Consumer

Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high.

The consumer goods empire he co-founded had tapped ......

How yoga guru Ramdev-backed Patanjali Ayurved stumbled in the rush for growth

Aman Rawat

India Inflection Opportunity Trust (IIOT), managed by Pantomath Capital Management, has rolled out its second Category-II alternative investment fund. 

The new ......

Pantomath's Bharat Value Fund raises $120 mn for mid-market deals

TEAM VCC

It has been well over a decade that capital market regulator SEBI created a new set of asset classes for ......

The colour of LP money: How desi is Indian AIF moolah?

Mumbai-listed online travel aggregator EaseMyTrip has invested Rs 33 crore (around $4 million) in Mumbai-based business-to-business travel tech platform E-Trav ......

EaseMyTrip buys 4.94% stake in B2B travel platform

People

Danish investor Novo Holdings, which owns a majority stake in obesity drugmaker Novo Nordisk and manages assets of the Novo ......

Manipal Hospitals backer Novo Holdings ropes in former IFU exec

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