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Cost Inflation Index (CII) for FY 2023-24 announced by CBDT-thumnail

Cost Inflation Index (CII) for FY 2023-24 announced by CBDT

The Central Board of Direct Taxes (CBDT) has announced the Cost Inflation Index (CII) for the fiscal year 2023-24. The CII is a crucial tool for taxpayers in India to

Finance

Apr 11, 2023

A new Apple retail store will open on April 18 in Mumbai, followed by a store opening on April 20 in Delhi-thumnail

A new Apple retail store will open on April 18 in Mumbai, followed by a store opening on April 20 in Delhi

The iPhone manufacturer also inked a lease deal that forbids roughly two dozen technology, electronics, and e-commerce companies from setting up shop anywhere close to its soon-to-be-opened store at Mumbai’s

Manufacturing

Apr 11, 2023

India’s e-commerce logistics sector is projected to exceed 10 billion parcels by FY28, says Redseer report-thumnail

India’s e-commerce logistics sector is projected to exceed 10 billion parcels by FY28, says Redseer report

A recent report by Redseer Strategy Consultants suggests that India’s e-commerce logistics space will exceed 10 billion parcels by FY28, thanks to new categories and growth in Tier 2+ cities,

Business

Apr 11, 2023

The State Bank of India is considering raising $2 billion through offshore bonds-thumnail

The State Bank of India is considering raising $2 billion through offshore bonds

The board of directors will meet on April 18 to discuss cash raising.The country’s largest lender, State Bank of India, said on Monday that it is considering raising $2 billion

News

Apr 11, 2023

This coworking SaaS startup receives $2 million and is valued at $20 million-thumnail

This coworking SaaS startup receives $2 million and is valued at $20 million

The rapid rise of the coworking and managed workspaces sector has been spurred in large part by India’s emergence as a corporate and startup hotspot. Stylework, a coworking marketplace, has

News

Apr 11, 2023

MPL’s Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, and others-thumnail

MPL’s Mayhem Studios raises $20 million from Sequoia, Steadview, Truecaller, and others

The Mobile Premier League (MPL), an esports and online gaming unicorn based in Bengaluru, launched Mayhem Studios last year. Mayhem Studios has raised $20 million in a Series A round

Investment & Funding

Apr 11, 2023

Ex-CEO Parag Agrawal and two others are suing Elon Musk’s Twitter. Here’s why?-thumnail

Ex-CEO Parag Agrawal and two others are suing Elon Musk’s Twitter. Here’s why?

In the action, ex-CEO Parag Agrawal and the company’s former senior legal and finance officers argue that they are owed more than $1 million and that Twitter is legally obligated

News

Apr 11, 2023

‘Look at what’s going on in India,’ Nirmala Sitharaman advises foreign investors-thumnail

‘Look at what’s going on in India,’ Nirmala Sitharaman advises foreign investors

Finance Minister Nirmala Sitharaman was addressing the Peterson Institute for International Economics (PIIE) during a fireside conversation about the Indian economy’s growth.  Finance Minister Nirmala Sitharaman has advised investors to

Finance

Apr 11, 2023

The stuff to hyper-scale in India: Specialists share bits of knowledge and systems in a new online class-thumnail

The stuff to hyper-scale in India: Specialists share bits of knowledge and systems in a new online class

As a team with BCG and the Delhi Part of The Indus Business visionaries (TiE Delhi-NCR), Times Extension as of late sent off a report on hyper-scale in India, which

Business

Apr 10, 2023

Tata Power and ADB Partner to Enhance Power Distribution in Delhi-thumnail

Tata Power and ADB Partner to Enhance Power Distribution in Delhi

Tata Power Delhi Distribution Ltd (TPDDL), the distribution arm of The Tata Power Company Ltd, and the Asian Development Bank (ADB) have signed an agreement to improve power distribution in

Investment & Funding

Apr 10, 2023

Temasek Acquires Additional Stake in Manipal Health Enterprises-thumnail

Temasek Acquires Additional Stake in Manipal Health Enterprises

Singapore-based sovereign wealth fund Temasek announced on Monday that it will acquire an additional 41% stake in India’s Manipal Health Enterprises from investors including private equity firm TPG and the

Business

Apr 10, 2023

Tata Group Takes Over Wistron’s iPhone Plant in India-thumnail

Tata Group Takes Over Wistron’s iPhone Plant in India

Tata Group, an Indian multinational conglomerate, is set to complete its takeover of Wistron’s iPhone plant in Bengaluru, India by the end of April. The move is significant as it

Business

Apr 10, 2023


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