Monday, June 14, 2021

Morning News Call – India, September 14 – Reuters India

To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:00 am: The Monsoon session of the Parliament begins in New Delhi. 12:00 pm: The Government is scheduled to release August wholesale price inflation data in…

India start-ups flounder as tensions with China rise

in the Himalayan region of Ladakh left 20 Indian soldiers dead. The two sides have since accused each other of violating the border consensus, and tensions have been rising. Chinese companies have already invested in 18 of India's 30 unicorns - technology companies with a valuation of over $1bn (£772m). The list spans popular food…

India fwd/annualised dlr premia-Sep 21 – Reuters India

Cash Spot Cash Tom Tom Next ----------------------------------------------------------------- Bid/Ask Bid/Ask Bid/Ask (in IST) 1010 00.50/02.50 00.25/01.25 00.25/01.25 01.24% 01.24% 01.24% (Sep 18) 1005 01.25/04.25 01.00/03.00 00.25/01.25 01.55% 01.66% 01.24% ------------------------------------------------------------------ TIME SEP OCT NOV DEC ------------------------------------------------------------------ 1010 04.00/06.00 27.50/29.50 50.50/52.50 77.75/79.75 1100 04.25/06.25 28.00/30.00 51.00/53.00 78.50/80.50 1200 04.50/05.50 28.25/29.25 51.00/52.00 78.50/80.00 1300 03.75/05.75 27.25/29.25 50.25/52.25 77.75/79.75…

India fwd/annualised dlr premia-Sep 21 – Reuters India

Cash Spot Cash Tom Tom Next ----------------------------------------------------------------- Bid/Ask Bid/Ask Bid/Ask (in IST) 1010 00.50/02.50 00.25/01.25 00.25/01.25 01.24% 01.24% 01.24% (Sep 18) 1005 01.25/04.25 01.00/03.00 00.25/01.25 01.55% 01.66% 01.24% ------------------------------------------------------------------ TIME SEP OCT NOV DEC ------------------------------------------------------------------ 1010 04.00/06.00 27.50/29.50 50.50/52.50 77.75/79.75 1100 04.25/06.25 28.00/30.00 51.00/53.00 78.50/80.50 1200 04.50/05.50 28.25/29.25 51.00/52.00 78.50/80.00 1300 03.75/05.75 27.25/29.25 50.25/52.25 77.75/79.75…

India fwd/annualised dlr premia-Sep 10 – Reuters India

Cash Spot Cash Tom Tom Next ----------------------------------------------------------------- Bid/Ask Bid/Ask Bid/Ask (in IST) 1015 01.50/04.50 00.25/01.25 01.25/03.25 01.86% 01.24% 02.07% (Sep 9) 1005 00.50/02.00 00.25/01.25 00.25/01.25 01.24% 01.24% 01.24% ------------------------------------------------------------------ TIME SEP OCT NOV DEC ------------------------------------------------------------------ 1015 10.75/12.75 33.75/35.75 56.50/58.50 84.00/86.00 1100 11.00/13.00 33.75/35.75 56.50/58.50 83.50/85.50 1200 11.00/13.00 34.50/35.50 57.50/58.50 84.00/85.50 1300 11.50/12.50 35.00/36.00 58.50/59.50 86.00/87.50…
LanzaTech is developing a small-scale waste biomass gasifier for ethanol production in India

LanzaTech is developing a small-scale waste biomass gasifier for ethanol production in India

As part of the continuing global rollout of LanzaTech’s technology to capture carbon dioxide emissions and turn those emissions into fuel and chemicals, the company is rolling out a new small-scale waste biomass gasifier in India. The new gasifier, which was announced Tuesday on TechCrunch Disrupt’s virtual stage, will be hosted at Mangalore Refinery and…
Groww, an investment app for millennials in India, raises $30M led by YC Continuity

Groww, an investment app for millennials in India, raises $30M led by YC Continuity

Even as more than 150 million people are using digital payment apps each month in India, only about 20 million of them invest in mutual funds and stocks. A startup that is attempting to change that by courting millennials has just received a big backing. Bangalore-headquartered Groww said on Thursday it had raised $30 million…
3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world’s second largest internet market. The new fund, third for the five-year-old Bangalore-headquartered investment firm, has already secured $40 million from new and existing investors. 3one4 Capital, which…
Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus

Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirus

Despite the coronavirus outbreak, which has slowed down deal-making across the world, dozens of startups in India have raised considerable amounts in recent months. Unacademy, which raised $110 million in February, closed a new round of $150 million this month. These large check sizes, and the frequency at which they are being bandied out, were…
Coronavirus: India overtakes Brazil in Covid-19 cases

Coronavirus: India overtakes Brazil in Covid-19 cases

Publishedduration7 Septemberimage copyrightGetty Imagesimage captionFor the last few days India has added more than 75,000 daily infections dailyIndia has recorded more than 90,000 new cases of Covid-19 in the past 24 hours, taking its total above that of Brazil.The country now has the second-largest number of confirmed cases in the world, 4,204,613. It has reported…