- TPG, Sofina, Multiples in race to pick up $80-100 million stake in Giva July 14, 2026Jewellery startup Giva is in advanced talks with private equity investors including TPG, Sofina and Multiples for an $80-100 million funding round that could value the company at about ₹6,000 crore.
- Elevation Capital launches $500 million fund to back AI startups July 14, 2026Elevation Capital joins a growing list of VC firms that have raised, or are in the process of raising, fresh capital over the past year.
- Avendus’ PE fund buys stake worth ₹140 crore in Parag Parikh Financial Advisory Services July 14, 2026From channel perspective, wealth management will possibly be one of the largest beneficiaries of this shift as the proportion of the population that is investing has increased, said Ritesh Chandra, managing director, Avendus Future Leaders Fund
- Oxane Partners' founders eye majority sale at up to $250 mn valuation July 14, 2026The UK-based private credit software firm, built without external funding, has hired Avendus and Jefferies to explore a majority stake sale amid growing investor interest in fintech infrastructure.
- HCLTech reverses course, bets $365 million on data centre business July 14, 2026HCL Technologies announces a ₹3,500 crore investment in data centres, shifting from its earlier asset-light strategy. The company reported minor revenue growth in Q1, facing challenges, yet aims to enhance its AI offerings and market position within the tech industry.
- India's capex cycle to strengthen as investments seen rising to $2.2 tn by FY30: Morgan Stanley July 14, 2026India's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by domestic demand and policy support. Central government spending will continue focusing on infrastructure and defence projects. Multiple investment drivers are anticipated to make the capex cycle more resilient. Gross f […]
- India-New Zealand FTA likely to enter into force by year-end: Minister Todd McClay July 14, 2026India and New Zealand's free trade agreement is expected to take effect by year's end. This pact will significantly enhance economic and trade relations between both nations. New Zealand's parliament has already approved the agreement, moving it through legislative processes. The agreement aims to build resilient supply chains and maintain eco […]
- Two of Gujarat's leading Agricultural products, Unjha Cumin and Fennel, receive GI tag July 14, 2026Unjha Cumin and Unjha Fennel have received prestigious Geographical Indication tags. This recognition strengthens their brand value and global market presence significantly. The GI tags will improve market value and enhance export opportunities for these spices. Farmers' incomes are expected to increase, boosting the local agricultural economy. Gujarat […]
- FCI calls media reports of Rs 1,160 crore ethanol rice diversion 'factually incorrect' July 14, 2026The Food Corporation of India has denied reports of a large-scale rice diversion for ethanol. Investigations are focused on a small quantity of rice, not the entire supply. Government agencies detected irregularities and initiated action before media reports surfaced. An FIR was registered, and a joint inspection confirmed a prima facie link. Appropriate leg […]
- India's June exports shine through West Asia dark clouds; trade deficit widens to five-month high July 14, 2026India's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 billion due to higher imports. Oil, gold, and electronics imports drove this substantial increase in the trade deficit. Exports to West Asia showed moderate growth after earlier disruptions from regional conflicts. Free […]
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