Nexus Venture Partners, a Venture capital firm that backs founders in India and the United States., is seeking $450 million for a new fund.
Nexus Venture Partners is a venture capital firm specialized in seed, startup, growth capital, and early-stage investments.
SoftBank will invest $2.25 billion in General Motors’ self-driving car unit, Cruise Automation. GM will also put $1.1 billion more into Cruise after the deal closes.
- SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Tokyo, Japan.
- GM Cruise LLC, commonly referred to as “Cruise”
Tyre Manufacturer MRF LTD posted a 20.4 percent year-on-year increase in net profit at Rs 345.32 crore in the fourth quarter (ended 31 March 2018).
“In the last fiscal, the introduction of the landmark Goods and Services Tax (GST) brought in some uncertainties as businesses adjusted to the new tax
MRF Share Price – MRF Limited
76,899.00 INR +836.65 (1.10%)
29 May, 3:30 PM IST
Nifty May Futures rise 0.80% to 10,685.90 for the day. Up 2.7% from a low of 10,408.55 on Thursday, last week.
Acko General Insurance is an upcoming general insurance company in India. Amazon led a $12 million funding round for Acko alongside ChrysCapital, and Catamaran Ventures. The deal takes Acko to $42 million raised to date.
Tata Motors slipped 5.81 percent at USD 21.09, ICICI Bank was up 0.23 percent at USD 8.62 and HDFC Bank was up 0.41 percent at USD 95.98.
US crude tumbled 4 percent to settle at USD 67.88 a barrel after Saudi Arabia and Russia said they were ready to ease supply curbs that have pushed prices to their highest since 2014.