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Series D+ Startups Dominate India's Venture Debt Deployments in 2022
According to a recent venture debt firm Stride Ventures report, more than half of the venture debt c

Uttar Pradesh Budget Boosts Startup Ecosystem with Multi-Crore Allocations And IIT Kanpur Collaborations
The Uttar Pradesh government has allocated significant vittles in its budget to promote and support

DPIIT Secretary Guruprasad Mohapatra's Assurance: 'Angel Tax' Will Not Harm Startups
The Department for Promotion of Industry and Internal Trade (DPIIT) Secretary, Guruprasad Mohapatra,

Improving EODB: MCA Eliminates ROC Approval For Most Corporate Filings
Step is taken by the Ministry of Corporate Affairs or MCA to simplify the processes for businesses a

India's Economy To Grow At 6% in 2023-24: Former Niti Aayog Vice Chairman Rajiv Kumar
A High growth rate is expected in the Indian economy by 6% in the next fiscal year. Former Niti Aayo

Minda Corp Eyes Strategic Expansion with Up To 15.7% Stake Acquisition in Pricol Via Reverse Book Building Process
Minda Corporation Limited, an Indian auto component manufacturer, is reportedly looking to acquire a

Relief For Consumers: Government Slashes Windfall Tax on Crude Oil, ATF, and Diesel Exports
The Indian government has significantly reduced the benediction duty on crude oil painting, aeronaut

India's Wholesale Price Index Inflation Plummets To 24-Month Low OF 4.73% in January
India's Wholesale Price Index (WPI) affectation eased to a 24-month low of 4.73 in January 2023, dow

Government Steps Up Efforts To Drive Innovation in the Pharmaceutical Sector
According to the latest budget proposal, research, innovation, and efforts in the pharmaceutical sec

NBFC Collection Efficiency Makes A Strong Comeback: ICRA Report
According to a recent report by ICRA, the collection efficiency of Non-Banking Financial Companies (

TReDS Takes The Lead: Non-Banks & MSMEs Embrace Online Financing Platform For Working Capital
In recent times, Trade Receivables Discounting System (TReDS) has surfaced as a popular platform for

CCI Gives the Nod To KKR Purchasing A Stake in Hero Future Energies Global
The purchase of stakes concerning Hero Future Energies Global is approved by the competition commiss

Monetary Policy: RBI Cuts Inflation Projection For FY23 to 6.5% From 6.7%
The inflammation projection has been reduced to 6.5% from 6.7% by the Reserve Bank of India for the

IBBI Takes on NCLT: Battle For Insolvency Jurisdiction Heats Up with GTL Infra Case
The National Company Law Tribunal's (NCLT) ruling denying the admission of GTL Infrastructure for in

Air India Takes OFF with Rs 18,000 Crore Lifeline from SBI And BOB
The State Bank of India (SBI) and Bank of Baroda (BoB) have agreed to lend Air India Rs 18,000 crore

India to Simplify Valuation Rules, Ease Burden OF Angel Tax on Foreign Investments
The assessment guidelines for the angel tax on foreign investments are allegedly going to be reviewe

India Takes Giant Leap Forward: No More Angel Tax on Foreign Investments in Startups
By stating that it will not levy the angel tax on prior foreign investments made in startups, the In

$50 Million Raised by Enzene Biosciences to Expand Ops in India & Us Markets
Enzene Biosciences, a biotech company, a subsidiary of Mumbai based drug maker Alkem Laboratories ha

IMF: Inflation in India Anticipated to Come Down to 5% in 2023 and 4% in 2024
On Tuesday the International Monetary Fund (IMF) stated that the inflation in India is anticipated t

$7 Million Raised in Fresh Funding By CapGrid
A B2B cloud manufacturing start up for precision components and parts based in Gurgaon CapGrid has r

Corporate Social Responsibility (CSR) Expend May Cover Skilling Individuals
To enable the corporates and institutions to fund skills and training of the individuals the governm