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Make in India

Why are Reliance, Adani and Taras excited about the business of staples?

Michael Grunwald Dec 19, 2022
Only 11% of the atta sold braded. Just 5% of rice is braded, while 95% of sugar and 92% of pulses are sold loose Madhab Mohanto runs a grocery store in the mining town of…
Read More...
Make in India

Make use of China +1 and Europe +1 opportunities, FM Sitharaman tells corporate India

Michael Grunwald Dec 19, 2022
The minister Wanted India indutry such manufacturers to set up their additinal base in India to source some of their production requirements locally with an eye on global markets.…
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RBI

RBI asks Razorpay to pause onboarding merchants

Michael Grunwald Dec 19, 2022
According to a PTI report, Cashfree, another fintech firm, has also been asked to to temporarily stop onboarding new customers. No immediate comments were received from Cashfree,…
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Entrepreneurship & Startups

Bit n Bytes: Know about startup, business news in Pune

Michael Grunwald Dec 19, 2022
DGFuture Tech India (formerly Vizitech Solutions Private Limited) announced its plans to offer managed services support in multiple languages, specialising in the financial…
Read More...
Finance

Viral video claims Rs 1000 is coming back from 1 January 2023. Is it? Check fact

Michael Grunwald Dec 19, 2022
Rs 1000 notes news: There is no plan to roll back Rs 2000 notes and re-introduce Rs 1000 notes, says PIB. Days after the Government confirmed that no fresh indent for printing…
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IPO

After this year’s IPO slump, bankers are wary of 2023 relief

Michael Grunwald Dec 19, 2022
SYNOPSIS This year’s listings slump is the worst since IPO values tumbled 73% in 2008, according to Bloomberg data Initial public offerings are heading for their longest…
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Business Profiles

IT giant which paid 1,900% dividend so far in FY23 has another surprise stored in for investor

Michael Grunwald Dec 19, 2022
SYNOPSIS In FY23, so far the company has already annouced and paid a whopping 1,900% dividend to their shareholders. Now, the company is set to pay a fourth interim dividend to…
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Taxation & GST Updates

Govt plans to raise duty on non-essential goods

Michael Grunwald Dec 19, 2022
In the current form, HSN codes are seen as subsuming a broad sweep of items, even at the six or eight-digit classification levels. For instance, there are different types of…
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International Investments

Hinduja group to invest Rs 35,000 crore in Maharashtra

Michael Grunwald Dec 19, 2022
The MoU was signed by Chief Minister Eknath Shinde at the Varsha Bungalow in the presence of Hinduja group’s G P Hinduja, Ashok Hinduja, and Prakash Hinduja. Chief Minister…
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Economy & Policy

Electric vehicles: Powering the future of sustainable mobility in India’s business ecosystem

Michael Grunwald Dec 17, 2022
The world is getting urbanised at a rampant pace, with the global urban population estimated to grow by 65 million annually. Several countries worldwide have adopted EVs, including…
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