Ather Energy, a maker of electric two-wheelers, has sent its DRHP to Sebi to launch an initial public offering (IPO). According to the DRHP, the investors and promoters would sell 2.2 crore equity shares in the anticipated first public offering (IPO), raising INR 3,100 crore. Capital expenditure for
At 7, Lok Kalyan Marg on 11 September 2024, Narendra Modi, the prime minister of India, presided over the Semiconductor Executives' Roundtable. A broad variety of topics about the semiconductor industry were covered by the prime minister. PM Modi discussed the potential of this industry to advance Earth'
In a dramatic attempt to protect adolescents from potentially hazardous information, YouTube has stated it will no longer recommend videos to users aged 13 to 17 that advocate certain physical ideals or fitness routines. The dangers of prolonged exposure to such material have been brought to the attention of experts,
On 10 September 2024, four private individuals embarked on a five-day mission called Polaris Dawn in a modified SpaceX Crew Dragon capsule. The mission's goals include conducting the first private spacewalk and testing new types of spacesuits. Takeoff occurred at approximately 5:23 a.m. EST (0923 GMT)
On 10 September 2024, the venture capital firm Playbook Partners, which was established by Vikas Choudhury, a former president of Jio and an investor in startups, announced that the first closure of its $250 million growth capital fund had been completed at more than $130 million. The fund will provide
The facility management division of Awfis Space Solutions Limited, which provides flexible workspaces, has been sold to SMS Integrated Facility Services Private Limited for a fee of INR 27.5 crore under a business transfer agreement. This deal, which Awfis has been working with exclusively through Maple Capital Advisors, is
Asthma research is undergoing a groundbreaking transformation, marked by innovative approaches that harness the power of data derived from clinical trials to advance our understanding and management of this complex condition. By utilizing advanced statistical tools and technologies, researchers are delving deeper into the nuances of asthma, uncovering insights that
A statement from the state government of Tamil Nadu stated that the electronic component supply company Jabil intends to invest INR 2,000 crore to establish a manufacturing plant in Trichy, resulting in the creation of around 5,000 employment opportunities in the state. On September 10, in the United
Foreign Venture Capital Investors (FVCIs) can now be more easily registered thanks to new regulations announced by the capital markets regulator Sebi. Designated depository participants (DDPs) are now responsible for evaluating post-registration references and granting registration to foreign variable capital investment (FVCI) companies, in accordance with the rules established for
Several important topics were discussed at the 54th Goods and Services Tax (GST) Council meeting, including online payment processing, the use of helicopters for religious reasons, and the taxation of R&D in educational institutions. In August 2024, India's Goods and Services Tax (GST) receipts were INR
A strategic relationship between Tata Electronics and Tokyo Electron (TEL) has been established to accelerate the construction of semiconductor infrastructure for two large projects in India. In addition to providing support for Tata's plans, which include the creation of India's first semiconductor fab in Dholera, Gujarat,
Users in Gurugram and the surrounding areas of the NCR region can now take advantage of Flipkart Minutes, a new fast commerce service, which was secretly launched by eCommerce giant Flipkart. According to a report by a media outlet, Flipkart Minutes is reportedly now available at several locations in Gurugram,
Return Prime is a worldwide returns management tool in the Shopify ecosystem. GoKwik, an eCommerce enabler, recently announced that it has purchased Return Prime for an undisclosed fee. With this acquisition, GoKwik has solidified its position as the world's premier eCommerce enabler and expanded into the UK, Europe,
Reports indicate that government officials are contemplating a five-year extension of the budgetary assistance period under the second phase of the India Semiconductor Mission (ISM) to eight years. According to a senior government official, applicants whose projects are approved under ISM Phase II may be eligible for additional financial grants
According to media reports, the goods and services tax authorities have warned large payment aggregators like BillDesk and CCAvenue, requesting GST on the cost they charged merchants for processing digital transactions under INR 2,000. Vishwas Patel, the joint managing director of Infibeam Avenues, which runs the payments processor CCAvenue,
Acko Tech, an insurtech unicorn, has launched the Acko flexi term life insurance plan, which provides policyholders with the ability to vary the amount of coverage when their financial responsibilities change. This comes after the company made its debut in the automotive industry. By launching this product, the company intends
As the sun rises over the pristine landscapes of Goa, excitement brews at the K.K. Birla Goa Campus of BITS Pilani, where the 12th edition of Coalescence, the annual entrepreneurship summit, is set to unfold. Coalescence has grown into one of India's most anticipated startup events, organized
For a while now, Telegram has been in the news. The CEO and founder, Pavel Durov, was detained on 25 August on suspicion of permitting unlawful acts on the messaging platform. Despite Durov's denials, Telegram has taken action. The corporation has been seen to be pushing moderation somewhat
The Central Government has partnered with Swiggy, a fast-commerce and food-delivery company, to enhance internship and job possibilities, according to a statement released on September 7. An initiative was launched by the Bengaluru-based startup with the Ministry of Skill Development and Entrepreneurship to offer job opportunities and skilling within the
A fintech firm called Paysharp, which is based in Chennai, has been granted the final approval to function as a Payment Aggregator (PA) by the Reserve Bank of India (RBI). After receiving an in-principle license in December 2022, the company was awarded approval on August 30, 2024. This approval came
New Delhi [India], September 7: The Rolling Plate, a leading cloud kitchen franchise company, is celebrating its 5th anniversary by giving back to society. The company is all set to change the lives of five underprivileged people on this special occasion. These people are currently working as beggars, and The
Gurgaon (Haryana) [India] September 7: In a bold move to transform the home loan approval process, Ambak has launched a new platform feature designed to improve the user experience and operational efficiency for home loan agents. According to their findings, the traditional home loan process can take up to 45
According to media reports, the GST Council might take into consideration a plan to charge payment aggregators (PAs) 18% GST for digital transactions with a minor value of up to INR 2,000 that are made through debit and credit cards during their upcoming meeting. Following the overnight demonetization of