Investments in Indian agri-tech startups fell by 45 per cent between 2021-22 and 2022-23 fiscal years, primarily due to a hike in global interest rates and heightened investor caution amid rising uncertainty, reveals consulting firm FSG’s new report.
About Rs 1,515 crore was disbursed in FY24 till October, while it was Rs 2,900 crore in 2022-23, when payments under the scheme commenced. The government in 2021 announced PLI schemes for 14 sectors with an outlay of Rs 1.97 lakh crore.
The Gangwal family and their trust had cumulatively held a 36.61 per cent stake in InterGlobe Aviation.
This means investors, mainly promoters and institutional investors, have seen an overall appreciation of Rs 430,000 crore in their wealth from these IPOs.
Mutual fund folios touch an all-time high
This means Google will be legally bound if advertisers use another company’s trademark to improve their search ranking and that affects the trademark owner or confuses consumers. Besides, the ruling could affect Google’s advertising revenue, experts said.
International revenues during the quarter at Rs 21,898 crore constituted 43 per cent of the total revenue.
Finance Minister Nirmala Sitharaman was speaking at the Global Conference on Cooperation in Enforcement Matters organised by the Directorate of Revenue Intelligence.
In March, Sebi barred 24 entities from the securities market based on prima facie findings, and now it has confirmed the ban against nine of them.
Founded in 2018 by Kuber Pritmani, Jai Hemrajani and Rupam Jain, BillMe has served over 4,000 businesses and 15,000 retail Points Of Sale (POS).