Bharat Express

Business

US-based cancer detection startup Navaux has secured new funding to enter the Indian market, receiving an undisclosed investment from angel investor Karna D. Shinde.

India's medical device industry is expected to rise five times to $50 billion by 2030 with appropriate regulation.

Transforming the barren land of Khavda into a hub of clean and affordable energy, the Khavda Renewable Energy Plant generates enough power to supply 16.1 million homes annually.

Real Madrid has become the first football club to exceed 1 billion euros in revenue, with a net profit of 16 million euros for 2023-24.

Tesla has earned a whopping profit of 1.5 billion dollars in April-June period in quarter 2 this year. However the registered profit is 45 percent less than the profit observed by Tesla in same period 2023. 

India's major stock indices experienced a bearish start, with heavyweight stocks such as HUL and Bajaj Finance among the top decliners.

On Wednesday, analysts urged strategic stock investments due to the expected long-term capital gains tax (LTCG) increase.

In Asian markets, Taiwan, South Korea, and Malaysia closed in positive territory, while Tokyo, Thailand, Indonesia, Hong Kong, Singapore, and Shanghai ended in negative territory

Notably, the startup industry had demanded the removal Section 56(2)(viib) of Angel Tax citing this would "greatly aid in capital formation" for the startup sector and would nurture innovation in startup section.

In Asian markets, Taiwan, South Korea, Tokyo, and Malaysia were trading in positive territory, while Thailand, Indonesia, Hong Kong, Singapore, and Shanghai were trading in negative territory