PE-VC Investments Drop 32% in April Amid IPO Delays
Private equity and venture capital investments fell over 32% year-on-year to $1.9 billion in April, driven by IPO delays and market volatility, according to Venture Intelligence data.
Category : Business
Scooter Stolen During Relocation Resurfaces After Traffic Challan
A Bengaluru man's scooter, stolen during relocation to Patna in 2023, was traced via a traffic challan. Police probe fraud by fake logistics firm.
Punjab Wheat Procurement Hits 95.9% of Target at 116.98 LMT
Over 116.98 lakh metric tonnes of wheat arrived in Punjab's purchase centres, achieving 95.9% of the 122 LMT target. Procurement by traders declined sharply to 1.01%.
Punjab transport workers announce May strikes over demands
Punjab Roadways, PUNBUS, and PRTC contract workers held protests on Labour Day, demanding release of detained colleagues and end to privatisation. They announced strikes on May 10, 18, and 25-27.
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Indian-American Financier Quits Amid Sex Slave Lawsuit
Chirayu Rana, the Indian-American financier who accused a JPMorgan executive of keeping him as a sex slave, has quietly left his job at Bregal Sagemount just weeks before filing the lawsuit.
AP April 2026 Tax Collections Hit Record ₹5,543 Crore
Andhra Pradesh recorded its highest-ever monthly commercial tax collections in April 2026 at ₹5,543 crore, a 12.08% rise year-on-year, driven by technology and improved compliance.
Gujarat GST Collections Surge 44% to Record Rs 9,916 Crore
Gujarat's GST revenue rose 44% year-on-year to Rs 9,916 crore in April 2026, the highest monthly collection since GST implementation. Total tax revenue including VAT and electricity tax reached Rs 13,703 crore.
Gurgaon Police Single-Window System for Industry Issues
Gurgaon police announced a single-window mechanism to address industry issues swiftly, appointing DCP Karan Goyal as nodal officer to enhance coordination and industrial harmony.
UP plans 330-km Vindhya Expressway through 84 villages
Uttar Pradesh plans a 330-km Vindhya Expressway from Prayagraj to Sonbhadra, passing through 84 villages and linking with Ganga Expressway, boosting connectivity to four states.
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Goa women's hostel project faces cost escalation, uncertain future
A 130-bed working women's hostel in Cuncolim industrial estate faces uncertainty after GIDC flagged a 28% cost escalation to Rs 20.5 crore, suggesting scrapping or relocation.
Punjab Sets Record with Highest GST Collection in April 2026
Punjab recorded its highest-ever monthly GST collection of Rs 2,987.3 crore in April 2026, leading the country with 70.70% year-on-year net growth.
Ravi K becomes HAL's 22nd CMD, focuses on global market
Ravi K has taken over as chairman and managing director of Hindustan Aeronautics Limited (HAL), becoming the 22nd CMD. He aims to enhance global competitiveness through innovation and AI.
Fuel Prices May Rise Soon as Oil Firms Face Losses
Petrol and diesel prices in India may increase soon as global crude oil spikes to four-year highs, causing losses for state-run oil companies. Analysts suggest a hike of Rs 25-28 per litre.
Dollar Slips vs Yen After Japan's Currency Intervention
The US dollar fell against the Japanese yen for a second day after Japan intervened to support its currency. The greenback is set for its sharpest weekly fall since early February.
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Uttarkashi Auctions Eight Silica Sand Blocks for Glass Industry
Uttarakhand's mining department has identified eight silica sand blocks in Uttarkashi, with auctions underway. The move aims to diversify mining, boost employment, and generate additional revenue of Rs 20 crore annually.
ED Files Money Laundering Case Against Guwahati Firm
The ED has filed a prosecution complaint against Ottis Associates Pvt Ltd and its director for alleged bank fraud and money laundering involving a private bank in Guwahati.
Commercial LPG price hike batters Assam businesses
Commercial LPG prices in Assam have surged over Rs 1,000, with supply cut to 70% due to West Asia conflict, hitting hotels and restaurants hard.
Credit Society Manager Arrested for Rs 1.65 Crore Fraud
Karishma Nivane, manager of Students Academy Co-Operative Credit Society, was arrested for allegedly cheating investors of Rs 1.65 crore by offering 13% interest on deposits.
CM Patel Unveils 8 Smart GIDCs in South Gujarat
Gujarat CM Bhupendra Patel announced eight new Smart GIDC estates across five South Gujarat districts at the Vibrant Gujarat Regional Conference in Surat, covering 5,380 acres with tech-enabled infrastructure.
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Jaipur Garbage Returns After Cleanliness Drive
Just days after Jaipur Municipal Corporation cleared 6,000 tonnes of waste, garbage piles have reappeared in Heerapura, Gandhi Nagar, Walled City, and Vaishali Nagar, raising concerns over lasting impact.
Chandigarh MC Clears 60 TPD Horticulture Waste Plant
Chandigarh Municipal Corporation approves a new 60 TPD horticulture waste plant under a royalty model, with a Punjab-based agency paying Rs 92.50 per metric tonne. The plant will also operate the existing 30 TPD facility.
One Killed, Seven Injured in Pharma Plant Blast in Telangana
A blast at a pharmaceutical plant in Telangana's Sangareddy district killed one worker and injured seven others. The explosion occurred in the reactor area, and rescue operations are underway.
DPIIT Secretary Reviews Industrial Corridor Projects
DPIIT Secretary reviewed industrial corridor projects in Haryana and Rajasthan, emphasizing faster execution and infrastructure development to boost economic growth and investment.
Prada-Lidkar collaboration trains 15 artisans in Bengaluru
The first batch of 15 artisans from Belagavi will start training at KILT in July under a Prada-Lidkar collaboration, part of a three-year programme to skill 90 artisans in Karnataka.
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BMC fines contractor Rs 1 crore for Mankhurd flyover accident
The BMC has imposed a Rs 1 crore penalty on the contractor for safety lapses that caused a piling rig to topple in Mankhurd, killing a police constable. The overhanging parts were cleared by Thursday evening.
Ravi K Appointed HAL Chairman and Managing Director
Ravi K has assumed the role of chairman and managing director at HAL, succeeding DK Sunil. With over 30 years of experience, he aims to boost global competitiveness through innovation and AI.
RBI DG Poonam Gupta Optimistic on Remittances Despite Crisis
RBI Deputy Governor Poonam Gupta expressed confidence in India's remittance inflows, stating the central bank is not worried despite the ongoing West Asia crisis, citing resilience and diversification.
LPG Price Hike Hits Eateries, Food Prices to Rise 20-30%
A steep Rs 993 hike in commercial LPG cylinder prices has forced small eateries in Trichy and Madurai to shut temporarily, while larger restaurants plan a 20-30% increase in food prices, sparking concerns among consumers.
Mohali Society Nightmare for Homebuyers
Homebuyers in a Mohali housing society face severe issues including lack of basic amenities, incomplete construction, and legal battles, turning their dream into a nightmare.
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Shimla Club Road Tarring to Finish by May 5
As part of the utility duct project, tarring of Charlie Villa Shimla Club Road will be completed by May 5, improving infrastructure and reducing disruptions.
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