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<strong>Several GST tax rate changes will take effect from 18th july, Bommai panel deferred making any major tax rate changes amidst inflation.</strong>-thumnail

Several GST tax rate changes will take effect from 18th july, Bommai panel deferred making any major tax rate changes amidst inflation.

Sitharaman explained that the proposed GST rate rationalization was required for restoring revenue neutrality in the shift to GST from the previous indirect tax regime five years ago. The Bommai

Finance

Jun 30, 2022

<strong>Cashfree payments eye fresh funding after a gap of 2 years.</strong>-thumnail

Cashfree payments eye fresh funding after a gap of 2 years.

The Mumbai-based company was valued at $200 million in its last round, which took place two year ago. With a yearly growth rate of 100% in its topline, the startup

Finance

Jun 30, 2022

Telangana’s chief minister inaugurates the world’s largest innovation campus in Hyderabad-thumnail

Telangana’s chief minister inaugurates the world’s largest innovation campus in Hyderabad

Telangana chief minister K. Chandrashekar Rao said, “T-Hub has evolved from a startup incubator to an innovation hub in India and beyond in the past six years. It has emerged

Industry

Jun 29, 2022

Every kid on the planet may get a share of Warren Buffet’s wealth after his demise-thumnail

Every kid on the planet may get a share of Warren Buffet’s wealth after his demise

In 2010, business tycoon Warren Buffett pledged to redistribute 99 percent of his fortune to philanthropy. He turns 96 in August. When billionaire investment tycoon Warren Buffett dies, some of

Industry

Jun 29, 2022

As record equity outflow continues, Dollar shortage worries forex market traders-thumnail

As record equity outflow continues, Dollar shortage worries forex market traders

Traders in India’s foreign-exchange market are bracing for more instances of dollar shortages, as record outflows from the nation’s equities and deteriorating external finances bite. Traders in India’s foreign-exchange market

Finance

Jun 29, 2022

<strong>US-based S&P Global affirms ICICI Bank’s ‘BBB-‘ rating on improved asset quality with a stable outlook</strong>-thumnail

US-based S&P Global affirms ICICI Bank’s ‘BBB-‘ rating on improved asset quality with a stable outlook

ICICI Bank will maintain its strong market position and market capitalisation over the next 12-18 months, S&P Global Ratings said on Monday, and affirmed its long-term issuer credit rating ‘BBB-‘

Finance

Jun 29, 2022

<strong>Government to impose ban single-use plastic from 1st July 2022: Union Environment minister</strong>-thumnail

Government to impose ban single-use plastic from 1st July 2022: Union Environment minister

With the ban on single-use plastic coming into force on July 1, the government will be setting up control rooms at national and state levels to ensure its effective enforcement,

Industry

Jun 29, 2022

Home sharing company Airbnb permanently bans parties at homes listed on site-thumnail

Home sharing company Airbnb permanently bans parties at homes listed on site

Airbnb placed a ban on party houses and rolled out several safety features in 2019 after five people were killed in a shooting at one of its bookings. In 2020,

News

Jun 29, 2022

Silbermann steps down as Pinterest’s CEO, Google’s Bill Ready to takeover-thumnail

Silbermann steps down as Pinterest’s CEO, Google’s Bill Ready to takeover

Pinterest has long seemed like a missed opportunity to investors. It’s a platform with hundreds of millions of users that isn’t growing that fast or making much money, even though

News

Jun 29, 2022

Edtech layoff carnage continues as WhiteHat Jr laysoff another 300 employees-thumnail

Edtech layoff carnage continues as WhiteHat Jr laysoff another 300 employees

The cost-cutting move comes roughly 45 days after 750 WhiteHat Jr employees resigned after the company asked them to relocate and return to their respective offices within a month. Edtech

Education

Jun 29, 2022

VC fund Bertelsmann India Investments raises $500 million in funding-thumnail

VC fund Bertelsmann India Investments raises $500 million in funding

BII plans to partner with existing top VCs and entrepreneurs to make selective Series A investments – both as lead or follow-on investments and make 3-4 such deals annually. Bertelsmann

Investment & Funding

Jun 29, 2022

Reliance Jio Board approves appointment of Akash Ambani as the new Chairman-thumnail

Reliance Jio Board approves appointment of Akash Ambani as the new Chairman

Akash was integrally involved in the global investments by tech majors and investors in 2020, which in many ways catapulted Jio onto the global investor map. In a significant succession

News

Jun 29, 2022


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