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The non-bank financial company Jio Financial Services Ltd (JFSL), which is a subsidiary of Reliance Industries, has been in the news recently. The Department of Economic Affairs, Ministry of Finance, authorised JFSL to raise the foreign investment limit to 49% of its total stock on a fully diluted basis, which
👨💻StartupTalkers
Who is Gaurav Munjal? Gaurav Munjal is the co-founder and CEO of Unacademy, one of India's leading online education platforms. Under his leadership, Unacademy has expanded its offerings, attracting significant investment and becoming a key player in India's booming edtech industry. His vision of creating accessible
Show-Cause Notice
Show-cause notices have been issued to Brainbees Solutions, the parent company of FirstCry, in relation to employee stock ownership plan (ESOP) expenses that were close to INR 80 crore and were incurred during the fiscal years 2018-19 and 2021-22. The notices have been sent by the Income Tax Department in
Insurtech startup InsuranceDekho, based in Gurugram, has established Heph, a new software-as-a-service (SaaS) company that is affiliated with InsuranceDekho. The company's mission is to provide digital solutions that would ease the operations of insurance distributors around the country. This coming Monday, August 26th, will mark the formal launch
entrepreneur movies
There's no dearth of inspiring movies if one considers cinematic contributions across the globe each year. Movies like “The wolf of wall street” have given rise to a new genre: entrepreneurial cinema. India is second to none when it comes to producing movies promoting entrepreneurship and the startup
Recently, representatives from the electronics hardware business penned a letter to the Ministry of Electronics and Information Technology (MeitY) requesting more information on the plans for future policies regarding the import of specific computer items under HS 8471. The letter also requested the Ministry to engage stakeholders more actively. After
Next two months, the open-source aggregator platform known as the Open Network for Digital Commerce (ONDC) will be launching insurance and mutual fund products. They will also be partnering with MasterCard for credit card processing. Customers with and without salaries will be able to get unsecured credit through ONDC'
Intercity Legends, a Zomato service that brought famous food items from 10 Indian towns to customers all throughout the nation, will be shutting operations immediately. The service was momentarily halted and then reinstated in July with some adjustments to make orders more viable, but now it has been stopped. According
Lendingkart, a retail lending platform based in Gurugram, has teamed up with Tata Capital Limited, the financial services arm of the Tata Group, to provide unsecured business loans to MSMEs all over the nation. The goal of the agreement is to make it easier for micro, small, and medium-sized enterprises
Collections 🗒️
Movies are continually smashing box office records, with Avatar at the top of the list. The average person goes to the movies around once a month, and consumer expenditure on movies in theatres has increased by 30% in the previous decade. The best movie production firms in the world are
📄Company Profiles
Collection and Distribution are the two main aspects of trade and commerce. Especially these days when eCommerce is booming, logistics has gained renewed importance. As per a report, the eCommerce retail logistics market was valued at USD 224.51 billion in 2021 and is expected to grow by $388.63
In their most recent attempt to secure the approval of the competition watchdog for the merger of Star India and Viacom18, Reliance Industries Ltd (RIL) and Walt Disney are reportedly considering proposing a two-year freeze on advertising rate cards to the Competition Commission of India (CCI). With an eye towards