Cornerstone Ventures, a venture capital (VC) firm announced its first investment of Rs. 100 crore from its new fund in OfBusiness, a B2B commerce platform that helps small and medium enterprises. The investment comes from its new fund which targets to raise $200 million. Abhishek Prasad, Managing Partner at Cornerstone Ventures, said, “This fund has … Read more
While the Act has received Presidential assent on April 15, 2025, the date of implementation for its various provisions will be notified separately. The government has notified the Banking Laws (Amendment) Act 2024, which allows bank account holders to have up to four nominees in a bank account, among other provisions. However, the date for … Read more
The book is a refreshing version of a bilateral relationship that continues to evolve in a way that few would have imagined some years ago There is never a dull moment in India-United States relations. Still rarely is the compulsion or desire to look how bilateral relations even evolved beyond cliched notions of the Second … Read more
Tier-II and III cities, collectively referred to as B30 locations, are emerging as the growth engine of India’s mutual fund industry, according to a recent report released by CAMS at the 18th Mutual Fund Summit held by the Confederation of Indian Industry (CII). As of January 2025, B30 cities accounted for 56 per cent of … Read more
AI promises personalised learning, streamlined administration, and a skills-driven workforce | Photo Credit: Jesussanz Artificial Intelligence (AI) is no longer a futuristic fantasy — it’s steadily transforming Indian education from a rigid, rote-based system into a dynamic, future-ready one. Once confined to automating tasks, AI now promises personalised learning, streamlined administration, and a skills-driven workforce, … Read more
Piyush Anchliya, CFO, Cashfree Payments Payments company Cashfree Payments has appointed Piyush Anchliya as its Chief Financial Officer, said the company in a statement. In his new role, Piyush will be responsible for driving financial strategy, optimising operations, and supporting the company’s next phase of strategic growth. He will report to Akash Sinha, CEO and … Read more
Cost of semiconductor chips in vehicles to double by 2030 due to advanced technologies, reshaping automotive industry. | Photo Credit: REUTERS The cost of semiconductor chips used in vehicles is expected to double from the current average of $600 to $1,200 per vehicle by 2030, according to a new report by NITI Aayog. The increase … Read more
Airline major IndiGo on Monday said that all its flights arriving to and departing from Terminal 2 of the Indira Gandhi International Airport, New Delhi, will shift to Terminal 1 from April 15, 2025. “IndiGo has taken proactive measures to ensure that its customers are well-informed about this change,” the airline said in a statement. … Read more
Our Bureau & Agencies In a significant breakthrough in Rs 13,000 crore Punjab National Bank loan fraud, the Belgian police has arrested absconding diamantaire Mehul Choksi. The arrest was carried out on the basis of an extradition request made by the Central Bureau of Investigation and the Enforcement Directorate, news agency PTI reported. Choksi, who has been on the run for past … Read more
B-schools should not only train skilled professionals, but also develop responsible future leaders who create real impact Curiosity, problem-solving, resilience, leadership and an understanding of interconnected systems are the real differentiators business school graduates must have to thrive in an increasingly-complex world. Management education must evolve to cultivate these attributes, ensuring that students do not … Read more