Vijayakumar Pitchiah

The Karnataka government has selected eight startups in the tourism space for grants ranging between Rs 5 lakh and Rs ......

Karnataka funds eight tourism startups under Idea2POC scheme

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Malvika Maloo

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......

Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

Nitesh Kumar

Finance

Foreign banks have been steadily increasing their presence in India to capture a share of the world’s fastest-growing major economy. ......

HSBC outshines peers in India as the pecking order of top MNC banks changes

General

Investments by private equity and venture capital firms were muted for the week after Diwali.

This week’s funding values have been compared ......

Deals Digest: Funding value subdued after festival break, but volume remains strong

Aman Rawat

Consumer

Blue Tokai Coffee Roaster has acquired a beverage company that sells bubble tea, two people aware of the development told ......

Verlinvest-backed Blue Tokai acquires bubble tea chain

Sreeja Biswas

Sunshine Teahouse Pvt Ltd, which runs tea cafe chain Chaayos, has invested in the ongoing maiden external funding round of ......

Tiger Global-backed Chaayos takes a bite of cookie maker

Reuters

Economy

Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve&#39;s decision ......

Most Gulf central banks follow Fed lead and cut key interest rates

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