In conversation with Govindraj Ethiraj, Ajit Gulabchand says that for the youth we need to create jobs double the size of America 

Ajit Gulabchand: Job creation needs to be addressed

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Fundraising through qualified institutional placements (QIPs) reached an all-time high in 2024, surpassing the Rs 1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations.
Indian companies have raised Rs 1,21,321 crore through QIPs till November, according to data compiled by Prime Database.
This represents a more than two-fold increase compared to the Rs 52,350 crore mobilised in the previous calendar year.
The sharp increase showed market resilience has been a key factor driving this growth as companies will continue to garner capital through Qualified Institutional Placements (QIPs), analysts said.
According to the data, 82 companies have tapped capital markets with QIP issues till November this year, compared with just 35 that raised Rs 38,220 crore during the same period last year.
QIP is one of the quickest products to raise funds from institutional investors. It is designed for listed firms and investment

Other significant QIP transactions during CY24 include Samvardhana Motherson International at Rs 6,438 crore and Godrej Properties at Rs 6,000 crore and KEI Industries at Rs 2,000 crore

The number of digital financial frauds rose more than four times in FY24 year-on-year to comprise 80 per cent of all financial frauds

The 26-year-old Indian American had accused OpenAI of using copyrighted content to train its AI models. Details

While CM Nitish Kumar is seeking to consolidate his party's woman vote base, Tejashwi Yadav is trying an image makeover for the RJD

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Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Call for reining in food inflation and raising investment in pre-Budget  talks

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Ajit Gulabchand: Job creation needs to be addressed

In conversation with Govindraj Ethiraj, Ajit Gulabchand says that for the youth we need to create jobs double the size of America

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