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Single packages of food items upto 25kg will now attract 5% GST from today-thumnail

Single packages of food items upto 25kg will now attract 5% GST from today

The CBIC said the supply of pre-packed atta meant for retail sale to ultimate consumer of 25 Kg shall be liable to GST. However, supply of such a 30-kg pack

Finance

Jul 18, 2022

Ashish Kumar Chauhan takes over as the new NSE managing director and CEO-thumnail

Ashish Kumar Chauhan takes over as the new NSE managing director and CEO

Limaye had declined to seek a second term at the exchange despite being eligible. Chauhan, who was part of the NSE’s founding team, will take over the bourse’s top job

Finance

Jul 18, 2022

Who is Ashish Kumar Chauhan, the new MD and CEO of BSE?-thumnail

Who is Ashish Kumar Chauhan, the new MD and CEO of BSE?

Despite being eligible for re-election, Vikram Limaye, whose five-year term at the National Stock Exchange (NSE) ended on July 16, chose not to do so. Ashish Kumar Chauhan has been

Finance

Jul 18, 2022

AI startup Detect technologies raises $28mn in its series B funding round-thumnail

AI startup Detect technologies raises $28mn in its series B funding round

The startup leverages technology to offer real-time monitoring and analytics related to metrics such as equipment failures, estimated life of an asset and automation of compliance to standards. Industrial artificial

Digital Transformation

Jul 16, 2022

Yes Bank Ltd’s board select JC flower asset reconstruction Co. to purchase its $6 billion worth of bad loans-thumnail

Yes Bank Ltd’s board select JC flower asset reconstruction Co. to purchase its $6 billion worth of bad loans

The bank said it now proposes to run a Swiss challenge bidding process to sell its bad loans portfolio, using JC Flowers ARC’s bid as the minimum bidding amount. However,

Finance

Jul 16, 2022

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion-thumnail

Crypto lender Celsius declares bankruptcy; owes customers $4.7 billion

According to a bankruptcy filing and a recent Financial Times investigation, Celsius, the cryptocurrency trading platform that stopped all withdrawals a month ago and filed for bankruptcy yesterday, has a

Finance

Jul 16, 2022

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%-thumnail

SBI raises interest rate on deposits with 1-2 years tenure to 5.25%

The interest rates are raised on deposits with tenure between 1 year and less than 2 years, as per information on the lender’s website. State Bank of India (SBI) on

Finance

Jul 16, 2022

Blockchain startup 5ire becomes 105th unicorn in India after Series A funding-thumnail

Blockchain startup 5ire becomes 105th unicorn in India after Series A funding

Blockchain start-up 5ire said it raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, making it the 105th unicorn in India and the 20th this year.

Finance

Jul 15, 2022

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds-thumnail

This week, HDFC plans to raise up to Rs 5,000 crore through the private issuance of bonds

According to a regulatory filing by HDFC, the secured redeemable non-convertible debentures (NCDs) will have an interest rate of 7.77%, be payable annually, and have a term of 4 years,

Finance

Jul 15, 2022

What investing alternatives are available to a new employee?-thumnail

What investing alternatives are available to a new employee?

Starting to invest and save with your first paycheck is a great idea, and if you can reduce your taxes as a result, that is an added bonus. Starting to

Finance

Jul 15, 2022

OneCard’s parent firm FPL technologies raises $102 million in series D round-thumnail

OneCard’s parent firm FPL technologies raises $102 million in series D round

It offers co-branded credit cards with banks and issues them only to customers with credit history and a good score, which it tracks through its other product OneScore, a credit

Enterprise Service

Jul 14, 2022

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo-thumnail

DAO service provider DaoLens raises a undisclosed amount from CoinDCX cofounder & Nazar technologies Ceo

Founded by Vikram Aditya and Apoorv Nandan in January, DaoLens is a Web3 startup eyeing to simplify how DAOs function through a suite of tools aimed at facilitating the discovery,

Finance

Jul 14, 2022


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