The PIEDS Womenpreneur for Bharat 4.0 programme, run by BITS Pilani in association with the Aditya Birla Capital Foundation, is offering up to Rs 15 lakh in equity funding to women-led startups from India's Tier-2 and Tier-3 cities, with applications closing September 16.
Hero Motors, the automotive technology arm of the Hero Group, opened its Rs 1,000 crore initial public offering on September 16 with a price band of Rs 79 to Rs 84 a share, as the auto-components maker looks to repay debt and fund capacity expansion.
Daksham Capital has appointed Saurabh Mundhra, a two-decade veteran of corporate banking and capital markets, as Co-founder and Head of West, as the advisory firm expands its wealth and private capital offerings.
Novastar Partners, an India-focused private markets investment platform, has made its maiden investment by backing A Junior VC (AJVC), an early-stage venture fund founded by Aviral Bhatnagar, as it builds a diversified portfolio across India's private markets.
1312 Interactive, an Indian publisher of indie and AA video games, has raised $1 million in seed funding led by Chimera Venture Capital and TAC, as it looks to expand its footprint across emerging gaming markets.
American power systems manufacturer Cummins has made a strategic investment in Emerald Technology Ventures, a Zurich-based venture capital firm focused on climate change and sustainability, deepening the industrial giant's exposure to climate technology innovation.
France's public co-investment programme Bpifrance requires funds seeking state backing to commit at least 30% of capital to female founders, a policy that industry data links to a 35% rise in female-founder funding in France since its introduction.
Saudi Arabia has shut down a critical oil pipeline as tensions deepen across the Gulf region, with talks between Iran and Gulf states postponed, pushing oil prices sharply higher and adding fresh pressure to already volatile global energy markets.
The Philadelphia Semiconductor Index tumbled 5.9% as Nvidia and Intel led a broad chip stock selloff, with concerns about the pace of AI development and rising Treasury yields combining to trigger one of the sector's sharper single-session declines this year.
The yield on the benchmark 10-year US Treasury note briefly pushed above 5% for the first time since 2007, as inflation worries intensified ahead of the Federal Reserve's policy decision, triggering a broad global bond and equity market selloff.