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Exclusion of Mauritius and Singapore from Angel Tax Exemption Raises Concerns for Startup Funding-thumnail

Exclusion of Mauritius and Singapore from Angel Tax Exemption Raises Concerns for Startup Funding

The recent exclusion of Mauritius and Singapore from a white list of geographies exempted from India’s angel tax provisions has sparked concerns among venture capitalists. This move, aimed at preventing

Finance

May 26, 2023

Twitter has introduced a new $5,000 per month API tier for entrepreneurs-thumnail

Twitter has introduced a new $5,000 per month API tier for entrepreneurs

Elon Musk’s company Twitter has created a new API (Application Programming Interface) layer for startups dubbed “Twitter API Pro” that costs $5,000 per month. Elon Musk’s company Twitter has introduced

News

May 26, 2023

BCCI may hold off on selling media rights until the Zee-Sony merger is finalized-thumnail

BCCI may hold off on selling media rights until the Zee-Sony merger is finalized

In 2021, the Puneet Goenka-led Zed Entertainment Enterprises announced a merger with Sony’s India unit, Sony Pictures Networks India. The Board of Control for Cricket in India (BCCI) may delay

Business

May 26, 2023

An Indian-origin entrepreneur purchases ‘chat.com’ for more than $10 million, sells it, and donates $250,000 to Khan Academy-thumnail

An Indian-origin entrepreneur purchases ‘chat.com’ for more than $10 million, sells it, and donates $250,000 to Khan Academy

In the same post, he stated that if he sold the domain, he would make a significant payment to Sal Khan and Khan Academy.   Dharmesh Shah, co-founder of HubSpot, claims

Education

May 26, 2023

Gupshup now accepts UPI payments from featurephone users-thumnail

Gupshup now accepts UPI payments from featurephone users

Gupshup, a conversational interaction platform, has provided UPI payments for feature phone users through a native app called GSPay. The software, created in collaboration with the National Payments Corporation of

News

May 25, 2023

German Economy Enters Recession as First Quarter GDP Contracts-thumnail

German Economy Enters Recession as First Quarter GDP Contracts

Germany’s economy has entered a recession as the latest data from the statistics office reveals a contraction in the first quarter of 2023 compared to the previous three months. The

News

May 25, 2023

Government’s Disinvestment Plans for Financial Year 2023-24: Meeting Budget Targets and Potential Stake Sales-thumnail

Government’s Disinvestment Plans for Financial Year 2023-24: Meeting Budget Targets and Potential Stake Sales

The Indian government aims to generate revenue through disinvestment in the current financial year. While plans for stake sales in IDBI Bank and Concor are underway, the government may resort

Finance

May 25, 2023

Using AI companies will ensure society benefits from the new technology-thumnail

Using AI companies will ensure society benefits from the new technology

British Prime Minister Rishi Sunak spoke with Google DeepMind’s Demis Hassabis, Anthropic’s Dario Amodei, and OpenAI’s Sam Altman about the dangers that AI poses, ranging from existential threats to disinformation

News

May 25, 2023

PM Modi officially launches the Delhi-Dehradun Vande Bharat Express-thumnail

PM Modi officially launches the Delhi-Dehradun Vande Bharat Express

Prime Minister Narendra Modi officially launched the Delhi-Dehradun Vande Bharat Express during a video conference on Thursday. The prime minister highlighted India’s remarkable economic growth despite numerous challenges and expressed

News

May 25, 2023

World Stocks Drop Amidst U.S. Debt Ceiling Concerns, Oil Prices Rise on OPEC+ Warning-thumnail

World Stocks Drop Amidst U.S. Debt Ceiling Concerns, Oil Prices Rise on OPEC+ Warning

On Wednesday, world stocks experienced a decline as the ongoing U.S. debt ceiling talks failed to reach a resolution. This uncertainty in the market led to a general sense of

News

May 25, 2023

Tata Group’s Expansion in Electronics and Semiconductor Business-thumnail

Tata Group’s Expansion in Electronics and Semiconductor Business

According to a report by The Economic Times (ET), Tata Group is embarking on an ambitious plan to expand its presence in the thriving electronics and semiconductor business. This strategic

Automation

May 25, 2023

To increase jobs, a Tata electric vehicle battery manufacturing is planned to be built in Somerset, UK-thumnail

To increase jobs, a Tata electric vehicle battery manufacturing is planned to be built in Somerset, UK

According to recent rumors, Somerset is poised to be the selected site for a big electric vehicle battery production, which may produce thousands of job possibilities. According to the BBC,

Automation

May 25, 2023


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