Nitin Konde

Elaborated Details Ratan Tata's Will: Who Gets What?

The business tycoon's estate is estimated to be worth approximately INR 3,800 crore.

In March, GST Collection Increased 9.9% Year Over Year to INR 1.96 Lakh Cr

The increase in GST collections indicates a strong consumer and business consumption pattern and is a good sign of the state of the economy.

🔍Insights

IPL: A Cricket Saga With Controversies Attached to It

The Indian Premier League (IPL) is a massive event in cricket, known for its exciting matches and the money, sponsorships, and media rights it brings in. Profitable transactions, controversy, and tremendous brand value growth have all flourished in the Indian Premier League (IPL) since its start in 2008. The Indian

Technical Problems Affect State Bank of India's Online Banking Services

Due to the bank's Annual Closing activities, the State Bank of India (SBI) has notified its clients that some financial services will be momentarily unavailable on April 1, 2025. The bank made the announcement through a post on X. For banks to complete financial records, reconcile accounts, and

Government Intends to Invest INR 2,000Cr to Improve EV Charging Infrastructure

With an emphasis on battery swapping facilities, the Indian government plans to expand EV charging infrastructure. This expansion is likely to cover important transportation hubs, such as ports, highways, railroads, and airports. According to a media report, a top official affirmed the project as a component of a larger endeavour

By July, Kaynes Expected to Deliver India's First Packaged Chip

By July, Kaynes Semicon, a business situated in Mysuru, may become the nation's first manufacturer of packaged semiconductor chips. This would be a significant milestone for the India Semiconductor Mission 1.0. The schedule was confirmed by senior government officials and Kaynes CEO Raghu Panicker. According to Panicker,

The Reciprocal Tariffs Implemented by Donald Trump from April 2: Is it a Worrying Factor for India?

The reciprocal tariffs that President Donald Trump intends to implement on April 2 will apply to all countries. Earlier, it was speculated to be meant for those with the most significant trade imbalances with the US. India, China, the European Union, Mexico, Vietnam, Taiwan, Japan, South Korea, and Canada are

At $300 Billion Valuation, OpenAI Raised $40 Billion

On March 31, OpenAI announced that it has raised $40 billion in a fresh round of fundraising at a valuation of $300 billion. The San Francisco-based company stated in a post on its website that the funding "enables us to push the frontiers of AI research even further"

Apple Introduces Apple Intelligence to the Indian Market

Apple eventually released iOS 18.4 for eligible iPhone models after a protracted delay and growing anticipation. Apple Intelligence capabilities, including writing tools, cleanup tools, visual intelligence, and more, are finally available in India with this latest iPhone upgrade. Thus, after a long time, Indian customers of the iPhone 15

By 2025, Foxconn Plans to Increase Production of iPhones in India

According to reports, Foxconn, Apple's contract manufacturer in India, plans to double iPhone manufacturing at its Indian facilities to 25–30 million handsets this year. A media outlet reported that throughout the previous three to four months, the firm has been experimenting with limited testing operations at its

Apple Intends to Upgrade iPhone's Health App by Including an 'AI doctor'

According to a report by an international news agency, Apple appears to be placing a significant bet on artificial intelligence once more. The brand is planning to fully redesign its Health app and include a feature akin to a "AI doctor." The action is in line with CEO

India May Export More Auto Parts as a Result of Trump's Tariff Bombshell

India is unlikely to suffer much from the 25% tax on automobiles and auto parts. MEMA, the Motor Equipment Manufacturers Association of the USA, stated that auto parts tariffs will go into force "no later than May 3, 2025". It further stated that automobile tariffs would go into

Byju Raveendran Promises to Revive the Edtech Company Says ‘Broke, Not Broken…’

The founder of the edtech company Byju's, Byju Raveendran, has stated that failures will not determine the company's destiny. He further noted that he pledges to revive his once-thriving business. "Broken, but not broken." Along with an old photo of himself, Raveendran wrote on

Dream11 Returns Home from USA

Dream Sports, the parent business of the fantasy sports website Dream11, has shifted its headquarters from the US to India. With this, it has become the first modern corporation to take advantage of a law change that was implemented last year. The US-based company Dream Sports Inc. has reverse-flipped by

The Government to Turn the INR 37K cr in Voda Idea Debt into Equity

On 30 March, Vodafone Idea (Vi) announced that the government would increase its ownership of the struggling telecom carrier from 22.6% to around 49%. The government will achieve this goal by converting its outstanding spectrum auction dues into equity shares valued at INR 36,950 crore. Currently, the major

MobiKwik Reports Loss of INR 1.3Cr as a Result of Fraud

A former employee of the fintech business MobiKwik allegedly altered merchant details to cheat the company out of INR 1.26 Cr. The company said in an exchange filing that Gaurav Sharma, the former employee, diverted the money from its books between August 2023 and September 2024. The company'

Expansion Alert: JungleWorks Acquires Major Stakes in Outplay

JungleWorks has acquired Outplay, an AI-based SaaS firm, amid the world's rising adoption of AI. According to Laxman Papineni, cofounder and CEO of Outplay, the Florida-based SaaS company purchased the majority of the startup from other investors. JungleWorks was founded in 2011 and runs a no-code hyperlocal delivery

Karnataka Government’s Elevate Chooses 101 Startups, Provides INR 25 Cr in Seed Money

The Karnataka government has funded 1,084 businesses with INR 249 crore in seed money through 21 rounds of the ELEVATE programme. Priyank Kharge, the state's Minister of Biotechnology and Information Technology, disclosed these numbers during a just-concluded event. A grant-in-aid seed-funding programme called ELEVATE was created to

Indira IVF's INR 3,500 cr IPO Strategy Might Thrown Off Balance by a Movie

According to media reports, Indira IVF Hospital Ltd., which is funded by EQT, has temporarily cancelled its preparations for its IPO. The decision was taken due to a Bollywood movie about the life of its founder, Ajay Murdia. According to reports, the business, which had initially sought an IPO of

Warehouses of Amazon and Flipkart were Raided, Inferior Products were Confiscated

Thousands of inferior products were seized during a series of raids on Amazon and Flipkart warehouses on 27 March by the Bureau of Indian Standards' (BIS) Delhi division. The operation, which lasted more than 15 hours, was conducted at a Flipkart subsidiary warehouse in Trinagar and Amazon's

Zomato Under Fire After Implementing Mass Layoff Without Prior Notice

A former Zomato employee claims in a widely shared Reddit post that the firm unexpectedly and without warning fired over 300 employees, sparking uproar. According to the former worker, who says he was one of those affected, the decision was made based on an "average lateness" of only

Centre will Introduce "Sahkar Taxi" to Rival Ola and Uber

In a market with enormous growth potential, the Indian government plans to introduce a new cooperative-based taxi service called "Sahkar Taxi" nationwide as an alternative to well-known ride-hailing services like Ola and Uber. In Parliament on 26 March, Union Minister Amit Shah unveiled the idea, announcing that the

HDFC Bank Faces INR 75 Lakh Fine from RBI for Defying Customer KYC Instructions

The Reserve Bank of India (RBI) fined HDFC Bank INR 75 lakh after discovering that the bank had not followed certain of the guidelines outlined in the RBI's Know Your Customer (KYC) master guidance. Notably, the RBI is referring to a KYC master circular that was last modified

Launch of Airtel IPTV Services in India with Netflix and OTT App Packages

On March 26, Bharti Airtel declared that its Internet Protocol Television (IPTV) services would be available in India. With some plans, it offers users access to a vast collection of on-demand content from 29 OTT streaming apps, including Netflix, ZEE5, Apple TV+, Amazon Prime Video, and many more. In addition