🚨🚨 Semiconductor funding: Agrani Labs eyes $50 million from Peak XV, others; Ananant Systems seeks $5 million from UP govt, RDI fund Agrani Labs is being valued at around $160-200 million during the ongoing negotiations with Peak XV and 360 One for a new $50 million round. Ananant Systems is in talks to raise around $5 million in a fresh round of funding from the Uttar Pradesh government and the RDI fund, sources told Moneycontrol. Tushar Goenka & Chandra R. Srikanth report 👇 https://lnkd.in/dcx293Ki
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Moneycontrol is India's No 1 Financial and Business portal. With in-depth market coverage, analysis, expert opinions and a gamut of financial tools, moneycontrol.com has been the premier destination for consumers and market watchers. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news and news about the Indian and global economy.
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#MCInterview 🚨 | Expect at least $75-90 billion in FCNR-B deposit mobilisation, says HSBC India CEO Hitendra Dave It does look like the RBI is priming the market for a hike and just wants to be more sure that it is doing the right thing, Dave tells Moneycontrol in an interview In conversation with Archishma Iyer & Bodhisatva Ganguli 👇 https://lnkd.in/dE6r-MqZ
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#MCInterview 🚨 | Expect at least $75-90 billion in FCNR-B deposit mobilisation, says HSBC India CEO Hitendra Dave - FCNR-B scheme attracted up to $90 billion inflows. - Scheme ended Aug 31, showing confidence in India - HSBC India collected $6.1 billion in FCNR-B deposits In conversation with Archishma Iyer & Bodhisatva Ganguli 👇 https://lnkd.in/dcb7TDGk
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🚨Ashwin Mohan told you first on July 2 that Parle Biscuits, maker of the iconic Parle-G, is eyeing a mega $1bn plus IPO next year targeting a valuation in excess of $10.5 bn and now PepsiCo's George Kovoor joins the biscuits & confectionary major as CEO Details here ⤵️ https://lnkd.in/dsMyME9K
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September bank holidays: The Reserve Bank of India (RBI) holiday calendar has 14 bank holidays in September 2026, including Sundays and the second and fourth Saturdays. Customers are advised to check the holiday calendar or confirm with their local bank branch before visiting. Here is the full list of bank holidays in September 2026: https://lnkd.in/dxJjqND8 #BankHoliday #RBI
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#TechWithMC | Millions of small merchants face payment disruption as RBI’s re-KYC deadline nears -RBI's Sept 15 KYC deadline for payment aggregators. -Millions of merchants may miss compliance. -Non-compliant merchants face payment pauses. Anand J reports: https://lnkd.in/d5rtaHKP #UPI #RBI
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Tim Cook's final day as Apple CEO. Apple's Tim Cook told employees that he’ll miss the role of chief executive officer but has “enormous comfort” in the leadership of his replacement, John Ternus. Cook made the comments in an email to all employees on August 31st, his final day as CEO. Cook took over for Steve Jobs in August 2011, when he embarked on a record-breaking 15-year tenure that included the launch of the Apple Watch, AirPods, and major expansions to the iPhone, iPad and Mac lines. “As you know, I am not leaving Apple. But I am stepping away from a role that I have loved deeply,” Cook said in his email. “I will miss this work in ways I can only begin to imagine, even as I remain completely at peace with my decision.” Here's what Tim Cook wrote in his final memo to all employees as CEO. https://lnkd.in/d_GZMAXt #TimCook #Apple
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Sun Pharma signs US drug pricing deal, secures tariff relief for 2 years -Sun Pharma extends MFN drug pricing to US Medicaid. -US tariffs on pharma imports delayed for Sun Pharma. -Agreement made at White House signing ceremony. Viswanath Pilla reports: https://lnkd.in/drWmvqGW #SunPharma
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FirstCry lost its edge, then its unicorn status. Now comes the fightback FirstCry built the distribution layer for India's babycare market. But as consumer expectations changed and new-age rivals moved faster, the company was forced into a series of course corrections, stakeholders told Moneycontrol. Tushar Goenka reports: https://lnkd.in/dZuK9vZS #FirstCry
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#StartupsWithMC | FSSAI raids: Restaurants, quick commerce firms brace for tougher food safety checks Details by Aryaman Gupta ⤵️ https://lnkd.in/dtwXeE2a