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TRAI Blacklists 50 Entities For Spamming Users
Heeding the directions of Telecom Regulatory Authority of India (TRAI), telecom operators have blacklisted 50 entities for spamming end users. In a statement, TRAI said that telcos also disconnected...
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Swiggy’s FY24 Loss Nearly Halves To INR 2,350 Cr, Revenue Up 36%
Foodtech major Swiggy reportedly saw its revenue grow 36% to INR 11,247 Cr in the fiscal year 2023-24 (FY24) from INR 8,265 Cr in the previous year. The disclosure was made by the IPO-bound company in...
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Delhi Govt Withdraws Road Tax Waiver On EVs, Sales Take A Hit
The Delhi government has withdrawn a waiver of road tax on electric cars and two-wheelers, which has reportedly hit electric vehicle (EV) sales in the national capital. Industry insiders told Economic...
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Explained: All About National Blockchain Tech Stack, Vishvasya
India has been experimenting with blockchain for quite some now. As part of its broader trysts with the emerging technology, the Ministry of Electronics and Information Technology (MeitY) has now...
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GST Council May Impose 18% GST On PAs For Transactions Below INR 2,000
The Goods and Services Tax (GST) Council may reportedly consider a proposal that seeks to impose an 18% levy on payment aggregators (PAs) for facilitating certain small value digital transactions....
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Ashwini Vaishnaw, Nandan Nilekani On TIME’s List Of 100 Most Influential...
Union IT minister Ashwini Vaishnaw has been featured on TIME Magazine’s 2024 list of the 100 most influential people globally in the space of artificial intelligence (AI). In a short biography for...
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Amid Ongoing Insolvency Woes, Tax Authorities Seek $101 Mn In Statutory Dues...
Troubles of BYJU’S seem far from over. Indian tax authorities have sought dues worth over INR 848 Cr ($101 Mn) from the edtech major as part of the company’s ongoing insolvency proceedings. As per the...
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Anil Ambani’s Reliance Infra Eyes EV Foray, To Make Electric Cars & Batteries
Anil Ambani-led Reliance Infrastructure is reportedly gearing up to foray into the electric vehicle (EV) segment and plans to manufacture electric cars and batteries. The company is scouting for...
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Zepto Kicks Off Discussions With Bankers For Over $450 Mn IPO By Aug 2025
Quick commerce major Zepto has reportedly kicked off “active discussions” with domestic and global merchant bankers for a potential listing on Indian bourses by August 2025. The company plans to raise...
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BYJU’S Insolvency Proceedings: TLB Lenders Make Claim For INR 11,432 Cr Dues
Amid the ongoing insolvency proceedings of BYJU’S, Glas Trust, a consortium of the edtech’s term loan B (TLB) lenders, has claimed dues to the tune of INR 11,432 Cr ($1.36 Bn). This accounts for...
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CCAvenue, BillDesk Get GST Notices For Digital Transactions Below INR 2,000
Tax authorities have reportedly issued notices to at least two major payment aggregators (PA), CCAvenue and BillDesk, demanding goods and services tax (GST) for facilitating digital payments below INR...
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MoneyX Is Back! 300+ Investors To Discuss The Future Of Startup Investments...
India’s startup landscape is fast evolving from a few concentrated urban hubs into a vibrant, nationwide ecosystem of innovation. This shift is evident in the rise of startups, which have skyrocketed...
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Amazon Likely To Bring In Its Senior Executive Samir Kumar To Lead India Ops
Just over a month after Manish Tiwary stepped down as Amazon’s India head, the ecommerce major’s senior executive Samir Kumar might take up the former’s role, which would require him to relocate from...
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Make In India: Dixon To Manufacture PCs & Laptops For HP In India
Homegrown electronics maker Dixon’s subsidiary Padget Electronics has inked a memorandum of understanding (MoU) with HP India to manufacture personal computers (PCs) and laptops. In a filing with the...
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India, US To Collaborate To Diversify Global Semiconductor Value Chain
The US’ department of state said it will partner with the India Semiconductor Mission (ISM) to explore “opportunities to grow and diversify” the global semiconductor ecosystem. The partnership will...
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Apple Unveils iPhone 16 Series, To Start At INR 79,900 In India
Big tech major Apple unveiled the latest iPhone 16 range of smartphones at its flagship “Glowtime” event in Cupertino on Monday (September 9). The event saw the launch of two different models – iPhone...
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IC 814 Series: ANI Sues Netflix Over Copyright, Trademark Infringement
News agency Asia News International (ANI) has reportedly sued Netflix and producers of the show “Watch IC 814: The Kandahar Hijack” over alleged copyright and trademark infringement. As per Bar &...
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BigBasket FY24: B2B Arm’s Loss Falls 20% To INR 1,415 Cr, Revenue Crosses INR...
The B2B arm of Tata-owned quick commerce giant BigBasket, Supermarket Grocery Supplies Private Limited, narrowed its consolidated net loss 20.7% year-on-year (YoY) to INR 1,415.2 Cr in the fiscal year...
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Zomato Launches Developer Platform For PoS Partners
Continuing its experiments and new launches, listed foodtech major Zomato has unveiled a developer platform for its point of sale (PoS) partners. The new developer platform will offer real-time API...
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India Will Continue To Support Semiconductor Industry At Every Step: PM Modi
Prime Minister Narendra Modi told top executives of semiconductor companies that India will continue to support the semiconductor industry at “every step”. Chairing the semiconductor executives’...
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