Women-led tech startups secure record 25% decline in funding at USD 1 billion
A recent report on Friday has said that the tech startups co-led by women secured only USD 1 billion in funding in 2024, a 25% year-on-year (Y-o-Y) decline.
A recent report on Friday has said that the tech startups co-led by women secured only USD 1 billion in funding in 2024, a 25% year-on-year (Y-o-Y) decline.
At close, the Sensex was down 7.51 points or 0.01% at 74,332.58, and the Nifty was up 7.80 points or 0.03% at 22,552.50. For the week, BSE Sensex added 1.5% and Nifty jumped 2%.
According to a recent survey, at least 90% of rural women entrepreneurs save a portion of their monthly income. Of these, 33% save between 20% and 50% of their income.
SEBI chairperson Tuhin Kanta Pandey on Friday said India's markets regulator will improve transparency in its functioning, including revealing any conflicts of interest of its board members, as a way to build trust.
The Central Board of Direct Taxes (CBDT) launched a compliance-cum-awareness campaign, aimed at encouraging voluntary disclosures of offshore wealth and income.
IT and digital solutions provider Tech Mahindra on Friday reported 21.4 per cent drop in net profit at Rs 988 crore (quarter-on-quarter) in the October-December period of FY25, from Rs 1,257 crore in the same quarter last fiscal.
IT software major Wipro Ltd reported a 4.5 per cent sequential increase in consolidated net profit to Rs 3,354 crore for the October-December quarter of the current financial year compared to the preceding quarter.
The joint venture agreement lays out a comprehensive framework for the project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer model, with a 25-year project term from the commercial operation date.
India's seafood exports have crossed the Rs 60,000 crore mark in FY24-25 to date, according to latest government data.
Sensex ended the week at 76,619.33 and Nifty settled at 23,203.2. The Nifty remained under bearish pressure for yet another session.
