by Vasu Jit Kalia | July 15, 2024 | Real Estate
New Delhi, July 14 (IANS) Keeping up with the growth momentum in the Indian real estate industry, the domestic investors pumped in around $638 million (more than Rs 5,327 crore) in the real estate sector in the second quarter this year, from $127 million in the same...
by Vasu Jit Kalia | July 15, 2024 | Automotive, Industry
New Delhi, July 15 (IANS): India’s homegrown Electric Vehicle (EV) company BluSmart on Monday said it has raised $24 million (about Rs 200 crore) in its pre-series B round. The new funding will help BluSmart expand its operations and build charging...
by Vasu Jit Kalia | July 15, 2024 | Central Banks
Mumbai, July 15 (IANS): India’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15). Interest rates on loans linked to MCLR are also likely to go up...
by Vasu Jit Kalia | July 13, 2024 | Founder's Spotlight
In order to support tech and AI startups in MENA and beyond and provide them with seed capital and strategic value-added services,Smpl Holdings, recently announced the launch of a USD 10-million fund, Smpl Fund I. “The UAE has emerged as a global hub for...
by Vasu Jit Kalia | July 12, 2024 | Healthcare
The Dubai Health Authority (DHA) has reported a notable expansion in healthcare infrastructure during the first quarter of 2024, highlighted by a 9% increase in healthcare facilities as compared to the corresponding period last year. DHA also registered a 7% rise in...
