'It has remained around 38 per cent over the past four to five quarters.'

The Food Safety and Standards Authority of India (FSSAI) has sought a meeting with quick-commerce (qcom) platforms like Blinkit, Swiggy Instamart and Zepto on Tuesday to discuss issues regarding violations of food safety standards, according to sources familiar with the matter. This comes at a time when there have been issues raised about food safety standard violations by qcom platforms for packaged food products, including violations related to expiry and best before dates.

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.

As Chennai gears up for Margazhi magic, NAVEENA VIJAYAN discovers a thriving culture for Western contemporary music in the city

Students of Dr. T. Thirugnanam Primary School stage theatre performances at street corners to create awareness on dengue and motivate people to use public toilets.

From serving traditional meals in car parks to packaging coffee decoction, the city’s wedding caterers are finding innovative ways to power through the COVID-19 crisis

Acclaimed Swiss light artist, Gerry Hofstetter’s first ever light art show in India is at the Embassy of Switzerland in Delhi this evening and another one for school children on October 29

Shipra Rohatgi and Sanjana Chatlani have set up successful ventures that tap the potential of calligraphy

Tamil Nadu bodybuilders move to Chennai to pursue their dreams of a ripped physique, medals, fame, and a Government job

'Everything about farming is enjoyable and relaxing.'

IMAGES from the Champions League matches played on Wednesday.

The double Olympic medallist last competed in Brussels in the Diamond League Final in September and will spend 31 days in Potchefstroom.

Odisha FC and Mohun Bagan Super Giant played out a 1-1 draw in an exciting Indian Super League match at the Kalinga Stadium in Bhubaneswar on Sunday.

Carlos Alcaraz suffered a shock 6-1, 7-5 defeat against Norway's Casper Ruud in his opening match at the ATP Finals

Magnus Carlsen, the undisputed world number one for over a decade, believes chess ratings today are somewhat "deflated" compared to the past but remains unfazed by the possibility of someone surpassing him.

On current form, D Gukesh is the favourite to win the World Chess Championship title against his Chinese opponent, Ding Liren, believes Indian teenage Grandmaster R Praggnanandhaa.

There are US-based venture firms, with no presence in India so far, who are now looking to invest here.

The post ‘Availability of capital at the right time is key for startups’ appeared first on DealStreetAsia.

With the close of the latest fund, Quona Capital’s AUM currently stands at $363 million.

The post Quona Capital closes second fund at $203m to invest in fintech firms appeared first on DealStreetAsia.

Investree is currently in the process of raising a Series C round and is likely to close it by the end of this quarter.

The post Indonesia’s Investree carves out strategy to expand ops in Vietnam, Philippines appeared first on DealStreetAsia.

Coronavirus may trigger positive investment sentiment in ancillary segments of healthcare, says its MD Sunil Thakur.

The post Coronavirus will compel govts to increase public health expenditure: Quadria Capital appeared first on DealStreetAsia.

Carsome is entering the slowdown with cash in hand, after raising $50 million in December.

The post Used car platform Carsome sees opportunities amid COVID-19 outbreak appeared first on DealStreetAsia.

The firm is also looking at multiple strategies to deepen its activity in Southeast Asia.

The post China’s Cathay Capital eyes opportunities in digitalisation, life sciences appeared first on DealStreetAsia.

Qiming, which closed a $1.1 billion fund recently, will look for startups with "good fundamentals."

The post Qiming partner Helen Wong eyes capturing ‘rare gems’ in market downturn appeared first on DealStreetAsia.

The BigBasket and Portea Medical promoter expects to see venture debt rising as an asset class in India.

The post Critical to conserve cash and ride out the storm, says GrowthStory’s K Ganesh appeared first on DealStreetAsia.

The industry in China has begun to show signs of a pickup with a rise in bookings, Trip.com CEO Jane Jie Sun added.

The post China’s Trip.com CEO says primary challenge is to ensure cash flows this year appeared first on DealStreetAsia.

The race for customers in Indonesia is so intensive that e-payment firms are offer steep discounts.

The post Mandiri Capital CEO calls e-payments a ‘cash-burning exercise’ appeared first on DealStreetAsia.

Is India’s first IPO of a credit card issuer an opportunity with boundless prospects or a victim of arrested development?

The post SBI Cards betting on millennial-driven growth story in upcoming share sale appeared first on DealStreetAsia.

Startups will be judged by what they are doing rather than what they might accomplish in a starry future.

The post How unicorns can no longer expand in perpetuity with others’ money appeared first on DealStreetAsia.

A solid foothold in Indonesia is one of the important prerequisites for overseas expansion.

The post For Indonesian startups, strong foothold in local market is first priority appeared first on DealStreetAsia.

Once the price war is over, we can all collaborate, says Blue Bird president director Noni Purnomo.

The post Taxis can coexist with ride-hailers, says Blue Bird president appeared first on DealStreetAsia.

What may be happening to the value of a private-equity portfolio in the COVID-19 crisis?

The post Guest Post | ‘Nowcasting’ private equity in the coronavirus crisis appeared first on DealStreetAsia.

Overall, if we can learn from history, there is a decent chance startups are in for a rough time ahead.

The post Guest Post | This is how much harder it is to raise capital during a downturn appeared first on DealStreetAsia.

As the Jiomart platform takes off and increases in scale, there could be interesting possibilities that may emerge.

The post Guest Post | Implications and second-order effects of Jio-Facebook deal appeared first on DealStreetAsia.

"Covid-19 is redefining what uncertainty means," said Sequoia Capital India in its newsletter.

The post Founders grappling to make startups recession-proof: Sequoia Capital appeared first on DealStreetAsia.

Demand for delivery services is skyrocketing across Asia as travel curbs keep more people at home.

The post Delivery services in SEA face game-changing moment amid virus scare appeared first on DealStreetAsia.

Omise dominates in Thailand thanks to its extensive relationships, but other markets pose more of a challenge.

The post Thai fintech startup Omise is betting on blockchain to cash in on e-commerce growth appeared first on DealStreetAsia.

The seven carriers are Thai AirAsia, Thai Lion Air, Nok Air, Bangkok Airways, Thai Smile, Thai VietjetAir and Thai AirAsia X.

The post Thai air carriers seek $491m bailout from government appeared first on DealStreetAsia.

The deal is the largest inbound industrial transaction in Vietnam in the last three years.

The post Thailand’s Stark Corporation acquires Vietnamese cable makers for $240m appeared first on DealStreetAsia.