India sees surge in deal activity at record $116 billion in 2024

IANS | January 21, 2025 2:22 PM

New Delhi, Jan 21 (IANS) India's deal-making landscape witnessed a landmark year in 2024, with a record 2,186 deals valued at $116 billion, marking a 33 per cent increase in volumes and 76 per cent surge in values (year-over-year), a report showed on Tuesday.

Quick-commerce to remain hot sector for VC investments in India this year

IANS | January 21, 2025 11:28 AM

New Delhi, Jan 21 (IANS) Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024, as quick-commerce remained a hot sector of investments in India in the fourth quarter last year and will continue in 2025, according to a report on Tuesday.

India, Belgium to deepen trade and investment ties: Piyush Goyal

IANS | January 21, 2025 10:00 AM

New Delhi, Jan 21 (IANS) Union Minister for Commerce and Industry Piyush Goyal and Bernard Quintin, Belgian Minister of Foreign Affairs, European Affairs and Foreign Trade, held bilateral talks in Brussels to boost trade and investment ties across the spectrum, it was announced on Tuesday.

Zomato clocks 57 pc net profit drop at Rs 59 crore in Q3

IANS | January 20, 2025 5:01 PM

New Delhi, Jan 20 (IANS) Online food delivery giant Zomato on Monday reported a 57 per cent decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25 -- from Rs 176 crore in the same period last fiscal.