Muthoot Finance, India’s largest gold loan NBFC, has raised USD 600 million from the international bond market through an External Commercial Borrowing (ECB) issuance. The funds will be deployed for lending activities, enabling Muthoot Finance to provide additional credit to customers across India. The issuance attracted strong global participation,
Recently, Elon Musk's xAI caused a stir by reorganising its team in a big way, which is changing how it develops AI. About 500 workers were let go by the corporation on the evening of September 12, 2025, from the data annotation team, which was its largest division.
In an effort to lower the cost of everyday necessities for the average person, the Modi administration has redesigned the Goods and Services Tax (GST) system. The GST Council authorised a two-tier rate structure of 5 and 18%, which will go into effect on September 22 as part of this
On 12 September, the National Pharmaceutical Pricing Authority (NPPA) ordered all producers of pharmaceuticals and medical devices to lower their goods' maximum retail prices (MRPs) right away. The government's decision to rationalise the goods and services tax (GST) rates on medications and formulations, which was recommended at
With the General Insurance Council (GI Council) demanding that the Association of Healthcare Providers (India) (AHPI) reverse its threat to halt cashless services for policyholders of Star Health Insurance, the dispute between hospitals and insurance firms has intensified once more. In order to maintain patient care, the council requested that
Adani Power said on 13 September that it will invest USD 3 billion (about INR 26,482 crore) to build a 2,400 MW ultra-supercritical power plant in Bihar. In a statement, the Adani Group firm said that it and Bihar State Power Generation Company Ltd (BSPGCL) had inked a
SEBI announced changes on 12 September that will eliminate redundant paperwork for low-risk foreign investors such as sovereign wealth funds, central banks, and retail funds, and loosen minimum dilution requirements for IPO-bound businesses. The easing coincides with an increase in international outflows, which are being fuelled by high US tariffs,
Following India's complete prohibition on real-money gambling (RMG), Bharti Airtel scion Kavin Bharti Mittal is closing his 13-year-old firm Hike. In order to concentrate on international markets, including the US, UK, and Australia, Mittal had already announced ambitions to leave India. In a statement on the mailing platform
Easy Home Finance Limited (“Easy”), a leading tech native housing finance company in India, has availed long-term financing through NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF). This marks a significant step forward in Easy’s mission to accelerate access to affordable housing finance for underserved
In an effort to facilitate business dealings and spur the practice of "reverse flipping", which involves Indian start-ups and other companies moving their domicile from abroad to the country, the government has expanded the fast-track route for approval of mergers and amalgamations to include more categories of companies.
After failing to agree on a valuation, the family office of billionaire Sunil Mittal has pulled out of talks to buy a 49% share in Haier Appliances (India). The Chinese parent business of Haier India, Haier Group, was looking for a valuation of roughly $2 billion (INR 17,100 crore)
According to the Hurun Global Unicorn Index 2025, the number of privately held unicorns worldwide has increased by 70 from the previous year to a record 1,523 companies valued at over $1 billion each. India now boasts 73 unicorns in 2025, up from just one in 2011, securing its
The internet is obsessed with miniatures of themselves and their pets, and here's how you can join the trend, too. 13+ prompts to play around with the tool.
Kashmir, often dubbed “India’s Switzerland,” is much more than scenic beauty, says Anupam Mittal, Founder and CEO of People Group and investor on Shark Tank India. Speaking in a recent LinkedIn post, Mittal argued that the region’s real charm lies in its resilience rather than mere aesthetics. “Switzerland
India’s startup and corporate ecosystem witnessed a dynamic mix of funding activity, strategic investments, and market-shaping developments on 12th September 2025. From D2C brands and EV battery circularity startups securing fresh capital to IFC’s major bet on India’s electric bus expansion, the day also saw Infosys announcing
* Survey conducted on 11,300 women in tech on Apna's platform; 86% of GenZ respondents and 74% from Tier-2/3 cities see AI as the great equaliser in tech careers. * 64% of women in tech said AI expertise matters more than a degree from a top college. * Nearly
Deloitte calls employees in India to show up in the office 2 days a week. How's the tracking done, and what are the consequences if not followed? Learn here.
Zupee is laying off 170 employees following India’s ban on real-money online games. The startup will provide financial and health support to affected staff while shifting focus to social games, ad-supported content, and subscriptions. This move mirrors wider industry changes due to new regulations.
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Infosys is offering a 19% Premium on the shares. Should you hold or sell? What's in it for you and what to expect? Learn more.
The association marks a defining moment for Indian esports, with Tesla Model Y cars set to be showcased at the grand finals of the country’s most-watched esports event from September 12 to 14.
PeakAmp
PeakAmp, a pioneering battery circularity company, has raised ₹12 crore (USD ~1.37 million) in seed funding led by Caret Capital, with participation from IIMA Ventures, renowned angel investor Basant Sharma and Group, and other prominent investors in clean-tech, mining, and recycling. Founded in 2024 by Vijay Gond and Aditya
India’s startup ecosystem and business landscape saw a mix of big-ticket funding, strategic expansions, and market-moving developments on September 11, 2025. From Eruditus securing $150 million through refinancing to Snap-E Cabs raising $25 million in a bridge round, the day highlighted continued investor interest across edtech, EV mobility, and
Jewellery purchases, credit cards, booking tickets, and more have seen big changes in their daily UPI Limits. Here's the full list...