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First mountain tunnel completed for Mumbai-Ahmedabad High-Speed Rail Project

Mumbai-Ahmedabad Bullet Train: First Mountain Tunnel Completed In Gujarat A 350-metre-long mountain tunnel on the country’s first high-speed rail corridor between Mumbai and Ahmedabad has been completed near Zaroli village in Gujarat’s Valsad district. The National High Speed Rail Corporation Limited (NHSRCL), which is constructing the corridor, celebrated the moment by carrying out a final […]

PharmEasy plans $200 million fund raising at lower valuation: Report

MUMBAI: Drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct knowledge of deal talks told Reuters.Signalling growing stress in India’s startup ecosystem, one source said PharmEasy, backed by big-name investors such […]

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