India
Pine Labs Gears Up for Rs 5,000-6,000 Crore IPO, Files DRHP by June-End
Fintech giant Pine Labs is set to file its DRHP by June-end for a Rs 5,000-6,000 crore ($600-720M) IPO. Having recently re-domiciled to India, the move underscores the growing maturity of India's startup ecosystem and public markets. The IPO could value the company at $4-5 billion.
To boost MSME exports, the government is looking into a scheme to cover product registration fees in new international markets, stated Goyal.
India's govt is considering a new scheme to fully fund product registration costs for MSME exporters entering new global markets. Union Minister Piyush Goyal announced this move, aiming to remove a major barrier for small businesses and startups to boost exports. This initiative is part of a broader Export Promotion Mission.
Following China's curbs on rare earth metals, India is now searching for other magnet supplies
India is urgently seeking alternative rare earth magnet sources after China's export curbs. This impacts India's EV and electronics sectors, highlighting over-reliance on China. The government is pushing for domestic mining, processing, and diversified international partnerships to build self-reliance in critical minerals.
For Haresh Mirpuri, sustainability isn't an add-on; it's a project's starting point
Haresh Mirpuri, founder of Essensai067, champions integrating sustainability from a project's inception, not as an afterthought. His Bangalore retail development, Essensai067, exemplifies this with solar energy, rainwater harvesting, and waste conversion. Mirpuri argues early planning reduces costs, integrates site-specific strategies, and allows buildings to subtly guide occupants toward sustaina
Majority of GCCs in India Grapple with Talent Retention: New Report Flags Critical Challenge for Growth
Majority of India's Global Capability Centers (GCCs) face a critical talent retention challenge, with 51% citing it as their top concern. A new report reveals high talent mobility, especially among younger and product/IT professionals, driven by career growth and compensation gaps. This churn threatens the sector's rapid expansion and innovation.
The AI Story: Is India's Peacetime Mindset an Economic and Strategic Liability?
This news explores how India's continued "peacetime" approach, despite existing in a global "warzone" of economic, cyber, and proxy conflicts, risks significant economic, strategic, and human losses. It highlights the urgent need for a mindset shift to address geopolitical ripple effects, supply chain vulnerabilities, and the silent mental health crisis within its forces.
Can Corporate Bonds Be Your New Fixed Deposit? Navigating Returns and Risks in a Falling Interest Rate Landscape
FD rates are falling, prompting investors to consider corporate bonds for potentially higher returns (7.5-9% vs. 5.5-7.4% for FDs). While bonds offer better yields and some tax benefits, they carry credit, interest rate, and liquidity risks, unlike insured FDs. Experts advise focusing on highly-rated (AAA/AA) corporate bonds and diversifying. The booming Indian bond market and RBI's stance further
Hyundai Edges Past Tata Motors in May Domestic Sales, But Mahindra Claims Second Spot
May's Indian auto sales reveal a dramatic shift! Hyundai narrowly overtakes Tata Motors, but the biggest surprise is Mahindra & Mahindra's surge to claim the coveted second spot in domestic passenger vehicle sales. Read the full story on this intense market reshuffle in Startup Times!
Tesla Eyes Maharashtra’s Satara for EV Assembly Plant, Talks Underway for New JV
Elon Musk's Tesla is scouting land in Satara, Maharashtra, to set up a CKD EV assembly unit after talks with Megha Engineering fell through. Now exploring a new JV, Tesla aims to start operations by FY-end.
A Leap of Faith: The Journey of Avanti Poredi and Associates
Avanti Poredi founded AVAPO in April 2023, offering fast and efficient legal services in corporate law. With a focus on timely contract closures, her firm quickly gained recognition, including a prestigious award. AVAPO’s success stems from a vision, a strong team, and a commitment to redefining legal services for startups and enterprises.
Building Dreams in Tier-3 Cities: The Inspiring Journey of V. P. Lobo and T3 Urban Developers Ltd.
From humble beginnings, V. P. Lobo's journey from Mumbai's streets to founding T3 Urban Developers Ltd. is a story of resilience and vision. Specializing in affordable, modern housing in India’s Tier-3 cities, T3 stands out with innovative amenities and local engagement. With ambitious expansion plans, Lobo aims to redefine real estate while inspiring future entrepreneurs.
Zomato CEO Deepinder Goyal To Not Take Salary Till FY26
Zomato CEO Deepinder Goyal has announced that he will not be taking a salary until the end of the fiscal year 2026. This decision is aimed at reinvesting in the company and supporting its growth initiatives.