In a significant development, Tiger Global-backed used-car marketplace unicorn Spinny has secured $131 million (approximately INR 1,121 crore) in a funding round led by US-based Accel Leaders Fund. This investment is poised to further accelerate Spinny’s growth trajectory, bolstering its position as a leading player in India’s burgeoning used-car market. Spinny Revs Up with $131M Funding Round, Led by Accel Leaders Fund Latest Updates: Funding Round: The $131 million funding round was led by Accel Leaders Fund, with participation from existing investors, including Tiger Global. Valuation: Although the valuation of Spinny post-funding has not been officially disclosed, sources suggest that…
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India’s startup landscape is on the cusp of a transformative revolution, and Startup Mahakumbh 2025 is at the forefront of this change. Scheduled to take place from April 3-5, 2025, in New Delhi, this mega event promises to reshape the country’s startup ecosystem in unprecedented ways. Startup Mahakumbh 2025: Revolutionizing India’s Startup Ecosystem A Global Platform for Indian Startups With over 3,000 startups, 1,000 investors, and 10,000 delegates from 50+ countries, Startup Mahakumbh 2025 is poised to become a launchpad for Indian startups to go global. The event will provide a unique platform for entrepreneurs, investors, and ecosystem players to…
On Tuesday, closing at ₹39.45 on the National Stock Exchange (NSE), down from its previous close of ₹44.20. The sharp decline erased over ₹4,200 crore from its market capitalization, bringing it to approximately ₹34,300 crore. Analysts attribute the drop to a mix of profit-taking after a recent rally, broader PSU banking sector weakness, and concerns over the bank’s growth trajectory as FY25 nears its end. Central Bank of India Stock Tumbles 10.75% Amid Profit-Taking and Sectoral Headwinds The stock opened at ₹43.80 but quickly lost ground, hitting an intraday low of ₹39.20—a level not seen since mid-January 2025. Trading volumes…
Shares of Bharat Electronics Ltd. (BEL), bel share price a leading Navratna PSU under India’s Ministry of Defence, tumbled more than 6% on Wednesday, April 2, following the company’s announcement that it fell short of its FY25 order inflow guidance. The stock dropped to ₹276.60 on the National Stock Exchange (NSE) by mid-morning, down 5.3% from its previous close of ₹292, reflecting investor disappointment over the shortfall. Despite the miss, analysts remain largely optimistic about BEL’s long-term prospects, citing its strong order book, revenue growth, and strategic positioning in the defense electronics sector. Bharat Electronics Shares Plunge Over 6% After…
Gold Prices Stand Resilient Above ₹91K as Trump’s Tariff Threats, US-Iran Tensions, and Dollar Slump Fuel Safe-Haven Demand Gold prices in India held steady above ₹91,000 per 10 grams on Tuesday, bolstered by a confluence of global uncertainties, including U.S. President Donald Trump’s looming tariff warnings, escalating tensions between the U.S. and Iran, and a weakening U.S. dollar. On the Multi Commodity Exchange (MCX), gold futures for June 2025 delivery traded at ₹91,145 per 10 grams, a marginal dip from Monday’s close of ₹91,229, yet still reflecting robust demand for the yellow metal as a safe-haven asset. Internationally, spot gold…
Vodafone Idea Ltd. (VI), India’s third-largest telecom operator, has once again made headlines as the government approved the conversion of ₹36,950 crore in spectrum auction dues into equity on March 30, 2025. This move, increasing the government’s stake in the company from 22.6% to 48.99%, offers a critical lifeline to the debt-laden telco. However, a recent analysis by IIFL Securities suggests that while this step eases immediate financial pressures, it could spell significant challenges for existing shareholders, raising questions about dilution and long-term value.vodafone share price. Vodafone Idea Dues Conversion: What It Means for Existing Shareholders – IIFL Weighs In…
Shares of Tata Consumer Products Ltd. surged by 8% on Tuesday, reaching an intraday peak of ₹1,073.15 on the National Stock Exchange (NSE), following a bullish upgrade from global investment giant Goldman Sachs. The brokerage raised its 12-month target price for the stock to ₹1,200 from ₹1,040, shifting its rating from “Neutral” to “Buy,” citing a robust growth outlook for the Tata Group company. The rally reflects investor confidence in Tata Consumer’s strategic expansions and its potential to deliver strong earnings in the coming years. Tata Consumer Share Price Jumps 8% as Goldman Sachs Raises Target to Rs.1,200 The stock…
The much-anticipated Khanapara Teer results for April 2, 2025, were announced today, bringing excitement to participants and enthusiasts of this traditional archery-based lottery game. Held at Themmarwet near Khanapara in Meghalaya’s Ri-Bhoi district, the event saw archers from the Khasi Hills Archery Sports Association showcase their skills, determining the lucky numbers for the day. As one of Northeast India’s most cherished cultural pastimes, Khanapara Teer continues to captivate a dedicated following eager to test their luck. Khanapara Teer Unveils Winning Numbers: Highlights from April 2, 2025 Archery Draw The game, played daily except Sundays, unfolded in its usual two-round format.…
The Punjab School Education Board (PSEB) is set to announce the Class 5th and 8th Board Exam Results for 2025 soon. Students and parents eagerly awaiting the results can check all essential details, including the expected release date, official websites, and steps to access their scores. PSEB Punjab Board Class 5th & 8th Result 2025: Expected Release Date, Time, and Key Details Expected Release Date & Time While the PSEB has not officially confirmed the result date, based on previous trends, the Punjab Board Class 5th and 8th results are likely to be released in April 2025. The exact time…
Differentiation is not a bad quality or a reason to be limited. We spoke with two mothers of autistic children on World Autism Awareness Day, and they told us about the difficulties they encountered while raising their sons and how those difficulties turned into something lovely as they went along. World Autism Awareness Day 2025: Mothers Share Their Journey of Raising Autistic Children Pranav Bakhshi and Anupama Bakhshi As a mother, Anupama Bakhshi claims that she has succeeded in raising her child because Pranav Bakhshi, who is now a model, overcame all obstacles in his life to become self-sufficient. His…
