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Annual EV Sales To Touch 1 Cr Mark In India By 2030: Nitin Gadkari
Transport minister Nitin Gadkari has said that annual electric vehicle (EV) sales in India will touch the 1 Cr mark by 2030. Gadkari also said that the boom in EV sales will create 5 Cr jobs in the...
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Honda India To Launch Maiden Electric Scooter By March 2025
The competition in the Indian electric two-wheeler landscape is heating up. Now, Honda Motorcycle & Scooter India (HMSI) is reportedly planning to launch its first electric vehicle (EV) by March...
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MCA Floats New Rules, Exempts Startups Looking To Reverse Flip From NCLT Nod
With an eye on fast tracking the reverse flipping process, the union government has now reportedly exempted overseas incorporated startups looking to merge into their wholly-owned Indian subsidiaries...
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FIU To Hear Pleas Of Seven Banned Crypto Platforms To Restart India Ops
The Finance Ministry’s Financial Intelligence Unit (FIU) will reportedly hear the petitions of seven offshore crypto platforms seeking to restart operations in India. Sources told Economic Times that...
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CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules
The Competition Commission of India (CCI) has reportedly found ecommerce giants Amazon and Walmart-backed Flipkart guilty of violating competition laws. As per two separate internal antitrust reports...
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Ahead Of Festive Season, Amazon India Creates 1.1 Lakh Seasonal Jobs
With the festive season just around the corner, Amazon India said it has created more than 1.1 Lakh seasonal “job opportunities” in the country. In a statement on Thursday (September 12), the...
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Push For Ecommerce Exports: CBIC Extends Benefits Under RoDTEP For Courier...
With an eye on spurring ecommerce exports, the Central Board of Indirect Taxes and Customs (CBIC) on Friday (September 13) extended export-related benefits under the remission of duties and taxes on...
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India’s Unicorn Club: Here’s The Comprehensive List Of 100+ Unicorns In India
In 2013, venture capitalist Aileen Lee floated the term ‘unicorn’ for private companies or startups to indicate the rarity of startups with a valuation of over $1 Bn. A decade later, unicorns in India...
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CAIT’s Praveen Khandelwal Urges Govt To ‘Suspend’ Flipkart & Amazon’s Ops In...
Trade body Confederation of All India Traders’ (CAIT) secretary general emeritus Praveen Khandelwal has reportedly urged the Centre to “suspend” the operations of Amazon and Walmart-backed Flipkart in...
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India Aims To Take Its Digital Public Infra To 50 Nations In Next 5 Years:...
Infosys cofounder and Aadhaar architect Nandan Nilekani has reportedly said that India is planning to take its digital public infrastructure (DPI) to 50 countries in the next five years. As per...
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Data Centre Plans? Microsoft Buys Another 16.4 Acre Plot In Pune For INR 435 Cr
After buying a land parcel worth INR 520 Cr in Pune, big tech major Microsoft has now reportedly purchased another 16.4 acre plot in the city’s tech hub Hinjewadi for a consideration of INR 453 Cr....
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DGGI Detected Tax Evasion Of INR 81,875 Cr In Indian Online Gaming Space In FY24
The Directorate General of Goods and Services Tax Intelligence (DGGI) reportedly detected tax evasion to the tune of INR 81,875 Cr (involving 78 cases) in the Indian online gaming sector in the fiscal...
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Govt To Safeguard Small Retailers’ Interests If Quick Commerce Platforms...
Finance minister Nirmala Sitharaman said that the government will “give a serious thought” to safeguarding the interests of small traders and traders if predatory pricing tactics of quick commerce and...
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Railways Developing A Super App To Bring All Services Under One Roof: Ashwini...
Railways minister Aswini Vaishnaw said that the government is developing a super app to bring all railway-related services under one roof. Speaking at an event organised by News18 on Monday (September...
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Flipkart, Amazon & Meesho To Kick Off Festive Season Sales Next Week
Under investigation by the Competition Commission of India (CCI), ecommerce giants Amazon and Flipkart will kick off their annual festival season sales from September 26. The two platforms said that...
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MeitY Invites Applications For Second Cohort Of SAMRIDH Scheme
The Ministry of Electronics and Information Technology Secretary (MeitY) has floated the expression of interest (EoI) for the second cohort of its Startup Accelerator of MeitY for Product Innovation,...
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MobiKwik’s Zaakpay Partners Meta To Offer In-App Payments On WhatsApp
Fintech startup MobiKwik’s payment gateway arm Zaakpay has partnered with social media giant Meta to offer in-app payments on WhatsApp. The new product will allow users to make payments directly within...
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India Eyeing $200 Bn In Ecommerce Exports By 2030: Commerce Secretary
Commerce secretary Sunil Barthwal has reportedly said that the government is eyeing at least $200 Bn in ecommerce exports by 2030. As per Moneycontrol, Barthwal said that the Centre has set its eyes...
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WazirX Crypto Heist: Nischal Shetty Making False Claims To Implicate Us, Says...
Crypto exchange Binance has alleged that WazirX cofounder Nischal Shetty is trying to “falsely implicate” Binance in the $230 Mn crypto heist at the Indian crypto platform. In a lengthy blog post,...
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Commerce Minister Piyush Goyal Launches AI-Powered Trademark Search Module,...
Union Commerce Minister Piyush Goyal has launched an AI and machine learning (ML)-powered trademark search module and a chatbot. While unveiling the search module, the Minister noted that the new tech...
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