London-based Mozart AI has raised $6 million in an oversubscribed seed funding round led by Balderton Capital, as the startup looks to reshape how music is created in the age of artificial intelligence. The fundraise follows a $1.1 million pre-seed round completed last summer, taking Mozart AI’s total funding to more than $7 million. The […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 equity shares to 52 anchor investors at the upper end of the price band of Rs 900 per share. The IPO will open for public subscription on Monday, February 9, […]
Synthesia has raised $200 million (£146 million) in fresh funding in a round led by Google Ventures, pushing the London-based company’s valuation to $4 billion and cementing its position as one of the UK’s most valuable artificial intelligence businesses. The investment marks a sharp step up from Synthesia’s previous £146 million Series D round in […]
KARNATAKA: Governor Thaawarchand Gehlot, Chief Minister Siddaramaiah d anDeputy Chief Minister D K Shivakumar during the Republic Day celebrations at Manekshaw Parade Ground in Bengaluru on Monday. | Photo Credit: SUDHAKARA JAIN Karnataka Chief Minister Siddaramaiah on Monday cautioned about the “conspiracy” to make the Constitution irrelevant, by taking away the autonomy of constitutional institutions. He […]
New Delhi: India will continue to be the world’s fastest growing major economy with projected growth rates of 6.4% each in 2026-27 and 2027-28, the International Monetary Fund said in its latest World Economic Outlook (WEO) update. IMF has also made an upward revision to its 2025-26 growth forecast for India to 7.3% in keeping […]
India’s stock market rose today, supported by a surge in IT stocks after Infosys Ltd. raised its full-year revenue growth outlook. The Bombay Stock Exchange (BSE) in Mumbai (Reuters) At 10:20 am, the Nifty 50 rose 0.64% to 25,830.95, while the 30-share Sensex added 0.73% to 83,995.35. Fourteen of the 16 major sectors logged gains. […]
Shares of India’s largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. ITC is India’s largest cigarette maker, drawing 40% revenue from the product category. (Reuters) From 1 February 2026, cigarettes will be charged an excise duty of ₹2,050-8,500 per 1,000 sticks, according to […]
Mt. K Kapital, a real estate investment management firm backed by Mumbai-based real estate developer Rustomjee Group, on November 27 said that it has raised a second fund of ₹4,000 crore. The fund is backed by strong General Partners (GPs) and Limited Partners (LPs), reflecting confidence in Mt. K Kapital’s team as well as performance […]
Gurugram-based listed real estate firm Signature Global (India) Ltd announced on October 28 that it has raised ₹875 crore through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), the World Bank’s lending arm. The funds will be used to develop housing projects and reduce debt. “Signature Global will utilise the […]
India’s GDP will grow faster than estimated earlier despite the impact of US tariffs on Indian economy—the fourth largest in the world, according to the International Monetary Fund. A vegetable market in Ahmedabad. India’s sweeping GST reforms is set to boost consumption in the face of crippling US tariffs. (Reuters) IMF now sees India’s GDP […]