"There is a good amount of interest and sponsorships from corporate houses for athletes and sports players who have reached the top levels. But if there is a lot more corporate sponsorship at the grassroots levels, too, it would be more beneficial to promote sports in India," Chopra said.
Plans for a stake sale by Bain and Advent were expedited after earlier efforts to list the company in India or the US fizzled out as technology stock valuations faced a global meltdown.
Billionaire businessman-led Gautam Adani's Adani Group has been termed 'deeply overleveraged' by CreditSights in a credit note. The strong competition between the Adani Group and Mukesh Ambani-led Reliance Industries to achieve market dominance could lead to imprudent financial decisions being made, the note said.
The overarching technological architecture for all Yubi platforms, including spocto and Corpository, will be led by Sonnathi in his new role. His focus will be on systems that are large-scale, always-on, high-performance, and easy-to-expand, allowing quick go-to-market and gaining customer trust.
The department has charged Ambani, 63, with "wilful" evasion, saying he "intentionally" did not disclose his foreign bank account details and financial interests to Indian tax authorities.
Haptik helps brands acquire, convert, and engage users with AI-driven, personalised, conversational experiences across 20 channels and 100+ languages. Zoop India offers food ordering in train services and is approved by Indian Railways Catering and Tourism Corporation (IRCTC) as national food aggregator under the e-catering project.
Bulk of Jhunjhunwala's wealth comes from his investments in listed companies. The value of the listed holdings of Jhunjhunwala, who entered the stock market with ₹5,000 in mid-1985, was about ₹29,000 crore as on August 24.The most valued listed stock in his portfolio is Titan.
“We will be focusing on people, technology, and building up our brand, and the raised funds will be instrumental in our efforts to take multiple business lines global. We have made inroads in the US and Middle East markets and will be ramping up efforts in these regions, we are also contemplating other markets for expansion," Annanya Sarthak, CEO and co-founder, Awign, told ET.
Sales of listed non-finance private companies increased by 41 per cent in the quarter ending June 2022 to Rs 14.11 lakh crore, according to Reserve Bank data released on Thursday. The expansion in sales was 22.3 per cent in January-March 2021-22 quarter and 60.6 per cent in April-June 2021-22 quarter.