News

Shark Tank India's fourth season has witnessed a significant investment of Rs 94.8 crore in various startups, with Aman Gupta and Ritesh Agarwal leading the pack with individual investments of Rs 17.4 crore and Rs 16.3 crore respectively. The show continues to be a platform for innovative startups to gain funding and mentorship, inspiring viewers to pursue their entrepreneurial dreams.

The government intends to adjust the Prime Minister Internship Scheme by relaxing age and qualification criteria and improving the application portal for its upcoming third phase. This decision follows feedback from prior applicants and companies suggesting that relocation costs and strict criteria were barriers to participation.

Foxconn will receive Rs 6,970 crore in incentives under Karnataka's ESDM policy for its mobile phone manufacturing plant in Devanahalli, marking a significant commitment by the state to the electronics manufacturing sector. In addition, the Karnataka government announced major infrastructure upgrades, including metro expansion and improved city management plans for Bengaluru.

The Indian automobile industry saw a mixed performance in February 2025, with passenger vehicles and three-wheelers experiencing growth while two-wheelers faced a decline. Despite the overall drop in two-wheeler sales, scooters showed a marginal decline, while motorcycles and mopeds saw significant reductions.

The Indian government is meticulously evaluating the timing of LIC's follow-on public offering (FPO), aiming to strike a balance between complying with minimum public shareholding norms and ensuring favorable market conditions. The government is seeking the expertise of top-tier financial and legal advisors to ensure a smooth and successful stake sale, demonstrating its commitment to responsible divestment and maximizing shareholder v...