Business

India Business News: Infosys has inaugurated a new development center in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to support over 1,000 employees i Source

CXO-driven angel investment platform, Inflection Point Ventures has announced the launch of the ‘IPV GIFT City Fund’ – a $110 million category I angel fund registered under GIFT City’s IFSCA framework. The fund includes a $6 million greenshoe option and is targeting its first close by June this year. Following the first close, the fund…

US billionaire investor Ray Dalio says he is “worried about something worse than a recession” — pointing to economic woes caused by tariffs imposed by US President Donald Trump. Source

India Business News: Zoho cofounder Sridhar Vembu argues that the primary concern with AI and automation isn’t job loss, but equitable wealth distribution. He envisions tw Source

In his March 7 Budget speech, Omar said his government’s goal was to increase sector’s contribution to J&K’s GSDP from 7% to at least 15% over the next 4-5 years Source

Smruthi Organics announces a 15% dividend for FY 2024-25, causing shares to jump 7%. Record date is June 13, 2025. Source

India Business News: T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to the Source

“Negotiations with Mizuho Financial Group had reached a very advanced stage, and both parties were said to be close to a final agreement. But differences, not related to valuation, but over softer terms of the deal, seem to have led to the lack of progress of late,” said one of the persons above, adding that…

Swiggy’s shares surged 10% as it expanded its quick food delivery service ‘Bolt’ to over 500 cities in India, while rival Zomato discontinued its QFDS ‘Quick’. Source

International Business News: H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggre Source