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Ex-tech execs’ startups find favour with VCs, says report

Startups founded by former tech professionals are attracting venture capital investment. These operator-led ventures, though few, are securing a growing share of funding. They consistently receive larger funding rounds and higher valuations compared to others. Experienced founders bring valuable company-building skills and execution focus to their new companies. This trend indicates a shift in investor confidence towards seasoned industry professionals.
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The Times of IndiaBusiness
Hyundai lays groundwork for mass-market EV launch

Hyundai Motor India is expanding charging infrastructure and component localization. The company plans to launch its first mass-market electric SUV this fiscal year. This move targets the affordable, sub-Rs 15 lakh segment of the EV market. Hyundai has previously focused on premium electric vehicle offerings in India. The new SUV launch will precede the CAFE III emission norms implementation.
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The Times of IndiaBusiness
Stocks, rupee slide as oil spike fuels pressure

Indian markets closed lower as fluctuating crude prices and global risk-off cues weighed. Banking stocks led the decline after mixed earnings reports from major lenders. The rupee weakened against the dollar due to rising oil prices and geopolitical tensions. Crude prices rose to a one-month high amid fears of supply disruption. Geopolitical tensions in West Asia are expected to persist in the near term.
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The Times of IndiaBusiness
At 5% in June, core sector grows fastest in 5 mths


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The Times of IndiaBusiness
Monetisation of assets helps NHAI pare debt

The National Highways Authority of India has prepaid over Rs 1.2 lakh crore in loans. This accelerated asset monetisation has reduced its overall debt significantly. The authority has not borrowed directly from the market since 2022. Asset monetisation hit a record high of Rs 41,079 crore in the last fiscal year. NHAI aims to raise Rs 30,000 crore from monetising projects this year.
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The Times of IndiaBusiness
No move to scrap LTCG tax on equities: Govt

The government has informed Parliament about no current plans to abolish long-term capital gains tax on equities. Tax policies are revised periodically as part of the annual budgetary process and legislative revisions. This statement addresses investor demands for changes in long-term capital gains tax rates. The minister clarified that tax rates for domestic and overseas investors in equities are the same.
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The Times of IndiaBusiness
Not referring cases to internal ombudsman a concern: RBI

RBI deputy governor Swaminathan J expressed concern over banks bypassing internal ombudsman. He stated that many customer grievances resolved by the RBI ombudsman were never referred internally. This situation undermines the purpose of the internal ombudsman framework, he noted. Banks must refer all eligible complaints promptly and without exception to their internal ombudsmen. Effective internal ombudsman performance should naturally reduce external escalations and provide customer resolutions.
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The Times of IndiaBusiness
IndiGo places over 1,000 engines’ order for A320s

IndiGo has placed a record order for over one thousand engines. This significant deal is for their 510 Airbus A320neo family aircraft. CFM International will supply the LEAP-1A engines and establish an MRO facility. Honeywell Aerospace will also provide avionics and power systems for these planes. IndiGo plans to double its fleet by the year 2030.
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The Times of IndiaBusiness
Inflow boost: Foreign deposits, swaps draw $21bn in 40 days

Sources undisclosed, mop-up so far 2X speculated amount
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The Times of IndiaBusiness
Patrick Mahomes dragged into Matt Miller charity controversy after Tony Farmer's explosive allegations

Patrick Mahomes has been drawn into the ongoing Matt Miller charity controversy after NFL podcaster Tony Farmer alleged the Chiefs quarterback provided signed memorabilia used in Miller's fundraising efforts. Farmer cited past social media interactions but offered no evidence that Mahomes knew of any alleged misconduct. Meanwhile, Missouri authorities continue investigating multiple complaints against Miller, describing the case as lengthy due to numerous financial transactions.
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The Times of IndiaMost Recent Stories
J&K floods: Lal Chowk flooded, Amarnath yatra stays suspended

Heavy rainfall inundated Srinagar's Lal Chowk and other city areas on Monday morning. Netizens criticized the government over the drainage system's alleged failure. Officials cited overwhelming rainfall, while critics questioned the Smart City infrastructure project. The Omar Abdullah cabinet previously raised concerns and ordered an external audit. Widespread rain continues across Kashmir, with risks of landslides and flash floods.
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The Times of IndiaMost Recent Stories
NC’s Delhi protest draws oppn flak; BJP slams Omar for ignoring floods, PDP asks him to emulate Wangchuk

National Conference held a protest in Delhi seeking statehood restoration. Other parties criticized the party president and chief minister for their absence. BJP stated the government should have been present to manage flood relief efforts. PDP suggested learning from activist Sonam Wangchuk's mobilization efforts. CPM legislator Tarigami expressed full support for the protest's objective.
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The Times of IndiaMost Recent Stories
'Ramayana' trailer reviews: Siddharth Anand, Atlee, and others hail director Nitesh Tiwari's epic starring Ranbir Kapoor and Yash as 'SPECTACULAR'

Filmmakers and industry insiders have shared overwhelmingly positive early reactions to the 'Ramayana' trailer. They praised the film's grand scale, visual effects, and performances by the cast. Ranbir Kapoor as Lord Rama and Yash as Ravana received specific commendations for their roles. The trailer is set to be unveiled publicly on July 24. This cinematic adaptation of the Indian epic is slated for a Diwali 2026 worldwide release.
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The Times of IndiaMost Recent Stories
Why did ESPN fire Ryan Clark? Inside the shocking decision, reported tensions and Disney layoffs that rocked ESPN

Ryan Clark's decade-long run at ESPN ended abruptly after the network reportedly informed him of its decision during an episode of NFL Live. His exit comes as Disney implements widespread layoffs across ESPN and NFL Network. Reports suggest internal concerns over past on-air incidents and workplace tensions contributed to the decision. Despite the surprising departure, Clark's successful broadcasting career and popular podcast are expected to create new opportunities.
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The Times of IndiaMost Recent Stories
NSE’s Ahimsa index targets cruelty-free investing

NSE Indices has launched the Nifty 500 Ahimsa Index for investors. This new gauge includes companies that do not harm animals in their business. The index aligns with non-violence principles and excludes certain firms. It aims to redirect capital towards compassionate and cruelty-free investing. This initiative offers ethical investors clearer alternatives for their portfolios.
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The Times of IndiaMost Recent Stories

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