[ad_1] Electric vehicle (EV) battery startup Log9 has raised $40 million led by Amara Raja Batteries and Petronas Ventures. The company has been valued at $250 million after the funding round, cofounder Pankaj Sharma told ET. The funding is a mix of debt and equity...
[ad_1] Coal India arm MCL is in the process of diversifying into power generation and will set up a coal-based plant entailing an investment of around Rs 12,000 crore in Odisha, its chairman-cum-managing director O P Singh said.Mahanadi Coalfields Ltd (MCL) also has plans to...
[ad_1] The government has announced a slew of schemes over the years to boost the MSME sector, but it has also discontinued many useful ones, said industry experts. Key schemes such as 2% interest subvention for all GST-registered MSMEs and interest subvention for incremental loans...
[ad_1] SINGAPORE — They left after the government cracked down on the private sector. They ran away from a harsh “zero COVID” policy. They searched for safe havens for their wealth and their families.They went to Singapore; Dubai, United Arab Emirates; Malta; London; Tokyo; and...
[ad_1] Almost all salaried people in the organised sector get a house rent allowance, which is roughly 50% of the basic salary. An individual living in a rented accommodation can claim exemption for the rent paid, but this exemption is subject to certain conditions. The...
[ad_1] A cursory glance at the top of the mutual fund performance charts nowadays reveals an increasingly familiar name. Pick any category, and chances are that a Quant AMC fund will be at the summit, the next best trailing far behind. The AMC is making...
[ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.BASIC FACTSDATE OF LAUNCH12 FEBRUARY 2013CATEGORYEQUITYTYPEMID CAPAUM*Rs.7,558 CroreBENCHMARKNIFTY MIDCAP 150 TOTALRETURN INDEX ...
[ad_1] Sellers are up in arms over ecommerce firm Meesho's move to tighten control on product returns, sources have told ET.Over the past few weeks, these sellers – especially in Surat, one of the largest hubs for fashion and apparel merchants - have given Meesho...
[ad_1] The insurance industry is seeking a level-playing field with the National Pension System (NPS) with a tax exemption for annuity products of insurance companies to make them more competitive. Companies argue that a tax exemption for investments in pension schemes will increase their pull...
[ad_1] Top seed Iga Swiatek and a tearful Coco Gauff both crashed out in straight sets in the last 16 on Sunday in yet more shocks at the Australian Open.Swiatek's defeat to Elena Rybakina makes it the first Grand Slam in the Open era --...