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Govt slashes windfall tax on diesel to Rs 0.50 per litre, nil on ATF-thumnail

Govt slashes windfall tax on diesel to Rs 0.50 per litre, nil on ATF

The recent notion by the Indian admin to lower the windfall profit tax on exports to a min of Rs 0.50 per liter and complete waiver of aviation turbine fuel

Business

Mar 4, 2023

Top 30 Angel Investors In The Indian Startup Ecosystem-thumnail

Top 30 Angel Investors In The Indian Startup Ecosystem

In a startling twist, despite the dismal funding landscape, a staggering 21 startups in India achieved the coveted status of a unicorn in the bleak year of 2022, sending shockwaves

Investment & Funding

Mar 4, 2023

Foxconn says it has no “definitive agreements” for new investments in India-thumnail

Foxconn says it has no “definitive agreements” for new investments in India

Foxconn said in a statement on Saturday that no deals were finalized during chairman and CEO Young Liu’s February 27-March 4 visit to India. Foxconn, the Taiwanese technology conglomerate, confirmed

Industry

Mar 4, 2023

RBI penalizes Amazon Pay(India) for non-compliance with PPIs norms-thumnail

RBI penalizes Amazon Pay(India) for non-compliance with PPIs norms

According to industry sources, fintech players including Amazon Pay were told by RBI in 2017 to normalize video KYC instead of doing it physically by going door to door. They

Finance

Mar 4, 2023

Understanding the role of financial technology in the future of finance-thumnail

Understanding the role of financial technology in the future of finance

The financial technology sector has expanded significantly over the past ten years. According to Research and Markets, the global market, which was estimated to be worth $7.3 trillion in 2020,

Business

Mar 3, 2023

Industry Changes in the Automobile Sector-thumnail

Industry Changes in the Automobile Sector

Although there have been advancements in the automotive sector over the past 50 years, any new technologies and manufacturing modifications have happened relatively slowly across comparable platforms, carried out by

Business

Mar 3, 2023

Adani plans to build cement plants, a data centre in Andhra Pradesh-thumnail

Adani plans to build cement plants, a data centre in Andhra Pradesh

In order to strengthen its footprint in the state, the Adani company would establish two new cement manufacturing facilities, 15,000 MW of renewable energy projects, and a data center in

Business

Mar 3, 2023

<strong>The Tata Motors company reaches milestone of 50 lakh passenger vehicles</strong>-thumnail

The Tata Motors company reaches milestone of 50 lakh passenger vehicles

One of India’s top automakers, Tata Motors, declared today that it had produced 50 lakh passenger automobiles. It took Tata Motors 25 years to reach this milestone after introducing several

Business

Mar 3, 2023

<strong>CEO of Tech Mahindra CP Gurnani: AI will create jobs, not take them away</strong>-thumnail

CEO of Tech Mahindra CP Gurnani: AI will create jobs, not take them away

As generative AI technologies like ChatGPT and Bing AI are becoming more popular, some people worry that this could put human jobs in danger. Yet, some senior executives in India

Industry

Mar 3, 2023

India’s service sector activity grows at the fastest pace in 12 years in February-thumnail

India’s service sector activity grows at the fastest pace in 12 years in February

Activity in the Indian-led services sector grew at the fastest pace in 12 years in February, a survey found, on strong demand, while pricing pressures eased further amid modest employment

Industry

Mar 3, 2023

Boutique, a US-based investment firm, infuses Rs. 15,446 crores in the Adani group-thumnail

Boutique, a US-based investment firm, infuses Rs. 15,446 crores in the Adani group

The sale of shares included Adani Enterprises worth Rs 5,460 crore, Adani Ports & SEZ worth Rs 5,282 crore, Adani Green Energy worth Rs 2,806 crore, and electricity distributor Adani

Business

Mar 3, 2023

Citigroup Inc laying off less than 1% of its workforce; in line with peers-thumnail

Citigroup Inc laying off less than 1% of its workforce; in line with peers

The latest move comes after other major Wall Street banks such as Goldman Sachs and Morgan Stanley cut thousands of jobs after a tough year for dealmaking activity, as recessionary

Industry

Mar 3, 2023


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