India’s 500-GW renewable goal by 2030 at risk over costs
India has set an ambitious renewable goal of deploying 500 gigawatts (GW) of renewable energy capacity by 2030. However, new reports indicate that this target is at risk due to…
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Zomato Shares Rise 3% After Blinkit Funding, Bernstein’s Upgrade
Zomato shares saw a 3% increase following fresh capital infusion into Blinkit and a positive call from Bernstein’s upgrade . The brokerage reaffirmed its ‘outperform’ rating on Zomato with a…
BluSmart Clears ₹30 Cr Debt After Bond Default
BluSmart, India’s leading electric cab-hailing service, recently faced a financial crunch after defaulting on ₹30 crore worth of bonds in early February 2025. This default triggered a “cross-default” clause, impacting…
Oxyzo Secures ₹100 Cr Debt Funding From AK Capital
Oxyzo Financial Services Limited, the lending arm of OfBusiness, has successfully raised ₹100 crore through non-convertible debentures (NCDs). This funding round, subscribed by AK Capital Finance Limited, marks a significant…
BYJU’S Insolvency: NCLT Defers IRP Approval Until March 19
The National Company Law Tribunal (NCLT), Bengaluru, has deferred its decision to approve the appointment of Shailendra Ajmera as the new Resolution Professional (RP) for BYJU’S until March 19. This…
Flipkart-Backed super.money Acquires BharatX to Expand Credit
Flipkart-backed fintech startup super.money has officially acquired BharatX, a Y Combinator-backed checkout financing platform, in an all-cash deal. This acquisition aims to enhance super.money’s financial services, especially in the Buy…
Singapore Topco Drops Plea Against Akash AoA Amendments
In a significant legal development, private equity firm Blackstone-backed Singapore VII Topco has withdrawn its legal petition against Akash AoA Amendments before the National Company Law Tribunal (NCLT). The dispute…
Zomato Invests INR 1,500 Crore to Boost Blinkit
Zomato has made a significant move in the quick commerce industry by investing INR 1,500 crore into its subsidiary, Blinkit. This investment follows an earlier INR 500 crore infusion last…
Indian Railways, IIT-Madras Partner to Develop Air Mobility
Indian Railways and IIT-Madras have joined forces to develop an indigenous Hyperloop-based transport solution. This collaboration marks a major milestone in India’s transportation sector, focusing on high-speed, energy-efficient, and futuristic…
CredAble, Chekk Partner to Expand Global Capital Solutions
CredAble, a global leader in working capital technology, has partnered with Chekk, a digital identity and Know Your Customer (KYC) solutions provider, to simplify and accelerate the onboarding and compliance…