Sreeja Biswas

General

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

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Priyal Mahtta

Finance

As aspiring younger generations migrates to larger cities in India, there is likely to be a spurt in the unsecured ......

Unsecured digital lending set for a spurt, says Fibe founder at VCCircle summit

Dilasha Seth

UAE-based retail technology solutions provider Pathfinder led funding activity in the Middle East and North Africa region this week, securing ......

MENA Digest: Pathfinder leads funding this week; Saudi's OTO gets another VC onboard

Nitesh Kumar

Quick-service restaurant brand Charcoal Eats, webtoon app Toonsutra, Mayhem Studios and TechEagle have raked in early-stage funding, the companies said ......

Charcoal Eats, Toonsutra, Mayhem Studios, TechEagle grab funding cheques

Reuters

Markets

The Indian rupee closed at an all-time low on Friday, pressured by strong dollar demand from local oil companies, likely related ......

Rupee ends at record low, logs fourth consecutive weekly decline

Information technology stocks lifted Indian benchmark indexes on Friday as an improvement in economic growth in the U.S., a key market ......

Sensex, Nifty log best weekly winning streak since 2010

Malvika Maloo

The venture capital and private equity deal momentum took a blow this week, breaching the $100 million mark, recording the ......

Deals Digest: Funding momentum slows in Budget week, lowest in six months

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