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Zepto to raise funds amid delayed listing

MUMBAI: Zepto on Saturday said that it will raise funds through a pre-IPO financing amid tepid response from investors to its public listing.Zepto did not share the specifics of the transaction but said that the move will strengthen its balance sheet. It is looking to raise around Rs 1,000 crore through the round at a...
children walk past sree mahadeva temple in kochi on saturday eight deaths were reported as heavy rain lashed several parts of kerala idukki kottayam and pathanamthitta were the worst hit

Monsoon hope as WMO sees an El Niño counter | India News

NEW DELHI: The risk of overall monsoon rainfall being ‘below normal’ continues to loom over India due to a strengthening El Niño, but World Meteorological Organisation’s (WMO) latest monthly global seasonal climate update, released late Friday night, offered a ray of hope. It predicted the possibility of a “positive” Indian Ocean Dipole (IOD), which could...
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July auto sales rev up as Maruti crosses 2L, Tata EVs double

NEW DELHI: New model launches, led almost entirely by sport utility vehicles, helped several automakers post record July sales, suggesting that in an otherwise competitive passenger vehicle market, fresh products are increasingly deciding the winners.Tata Motors Passenger Vehicles registered the strongest growth among the larger manufacturers, with sales jumping 59% year-on-year to 63,760 units. While...
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UPI transactions touch Rs 76cr/day, FASTag declines

MUMBAI: UPI transactions scaled new highs in July 2026, while NETC FASTag transactions declined on a year-on-year basis. UPI processed 2,366 crore transactions in July, up 4.1% from 2,272 crore in June. On a year-on-year basis, transaction count grew 22%. In contrast, NETC FASTag processed 34.7 crore transactions in July, down 4.1% from 36.2 crore...
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Forex mop up under RBI’s swap scheme doubles to over $40bn

MUMBAI: RBI has said that total forex mobilisation under its concessional dollar swap facility has crossed $40 billion, more than doubling in a fortnight and surpassing the FCNR(B) deposit mobilisation seen during the 2013 special window despite higher US bond yields and tax-related challenges affecting NRI investments.Authorised dealer banks had mobilised $40.8 billion under the...
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