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BENGALURU: Bengaluru-based electric motorcycle maker Ultraviolette has raised $45 million in fresh growth capital from Zoho Corporation and European investment firm Lingotto as part of its ongoing Series E round.The company said the funding will be used to scale production and sales of its flagship F77 electric sportbike and the new X‑47 crossover, and to…
(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…
Passengers wait in queues at IndiGo airline’s counter at Kempegowda International Airport, in Bengaluru (Picture credit: PTI) India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), is expected to give IndiGo a temporary, partial waiver from the recently implemented pilot rest and duty rules after the airline was forced to cancel more than a…
File photo (Picture credit: AP) US stocks were largely steady on Thursday, holding close to record levels as investors assessed a mixed set of corporate results and fresh labour market indicators. The S&P 500 was up 0.1% in early trade and is now just 0.5% shy of its all-time high, reported AP. The Dow Jones…
A Sovereign Gold Bond (SGB) bought eight years ago has turned a Rs 1 lakh investment into more than Rs 4.4 lakh, after the Reserve Bank of India announced the final redemption price for the 2017-18 Series-X tranche. The RBI said in its statement dated 3 December 2025 that this series will mature on Thursday,…
File photo: PM Modi with Russian President Vladimir Putin (Picture credit: ANI) Russian President Vladimir Putin’s visit to India is likely to deliver a significant push to economic cooperation, with government sources indicating that New Delhi is looking to narrow its trade deficit and secure deeper market access for Indian goods.President Putin is arriving with…
Gold prices slipped while silver futures gained on Thursday amid mixed global trends and weak US economic data, prompting cautious sentiment among investors.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 88, or 0.07 per cent, to Rs 1,30,374 per 10 grams in a business turnover of 13,122 lots.However, silver…
The Seamless Tube Manufacturers’ Association of India (STMAI) on Thursday urged the government to introduce a production-linked incentive (PLI) scheme covering at least 10 per cent of exports of their products, ahead of the Union Budget. STMAI President Shiv Kumar Singhal also urged stricter measures to curb illegal imports of seamless pipes, which are affecting…
Airbus has been grappling with a fresh wave of setbacks, highlighting the mounting strain on its sprawling but fragile supply chain. The past week offered a stark reminder that the planemaker is not immune to the production troubles affecting the wider aviation industry, where supply shortages and labour gaps persist even years after the pandemic…
Silver prices continue their upward surge, hitting a record high of Rs 1,84,727 per kg on the Multi-Commodity Exchange (MCX) on Wednesday, following a Rs 3,126 jump in March contract prices. The metal has gained nearly 20 per cent in just one month, climbing from Rs 1,48,717, while the long-term growth remains steep, up 98…
