Curefoods logo (Image/X@the_curefoods) BENGALURU: Curefoods India, the multi-brand cloud kitchen operator promoted by Ankit Nagori, has raised about Rs 160 crore in a pre-IPO placement ahead of its planned listing. The company allotted about 1.3 crore equity shares at Rs 124 apiece to 3State Ventures, the investment arm of Flipkart co-founder Binny Bansal.The placement, cleared…
European companies, a major source of U.S. medicines, are hopeful that their investments and trade deals with the U.S. will spare them from President Trump’s latest tariff barrage. Source link
US stocks were trading in green on Friday, buoyed by a combination of factors including renewed hopes for more rate cuts and US President Donald Trump’s announcment for new tariffs, including a 100% import tax on foreign-made pharmaceutical drugs, starting next week. Dow Jones soared 369 points or 0.8% to reach 46,316 while Nasdaq jumped…
Shutdowns have long been immaterial for the stock and bond markets, but there’s a risk now that a political confrontation could derail the economy. Source link
PM Modi to launch 4G ‘network stack’ on Saturday (File photo) NEW DELHI: Prime Minister Narendra Modi will launch BSNL’s Swadeshi 4G ‘network stack’ on September 27, making India one of the few countries that manufacture their own telecom equipment, alongside Denmark, Sweden, South Korea, and China.This launch is a major milestone for India’s telecom…
The president suggested more foes, including the billionaire Democratic donors George Soros and Reid Hoffman, could face legal scrutiny. Could others follow? Source link
Randhir Jaiswal (File photo) NEW DELHI: India on Friday issued its first official response to reports that US President Donald Trump announcing imposition of tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs from October 1.During the weekly briefing, MEA’s official spokesperson Randhir Jaiswal said, “We saw a notice…
When broadcasters like CBS and ABC surrendered to the president, it looked as if they lacked backbone. The explanation runs much deeper. Source link
India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…
Throughout Asia, the source of about 40 percent of U.S. imports, countries have little to show for weeks of talks trying to finalize deals. Source link
