Business

New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on […]

New Delhi: Over 74 per cent respondents expect an increase in housing demand, a survey by consultancy and professional services firm Deloitte India said. The sample size of the survey was 50 CXOs across Industries in India. “According to our survey, 74 per cent respondents expected an increase in demand for the residential sub-sector… We […]

Hyderabad: Flipkart launched furniture protection, an industry-first cover for accidental and stain damage on select furniture products on the platform such as office chairs, office tables and mattresses, among others. Flipkart has partnered with Cover Genius, an insurtech company to offer complete furniture protection on its platform. The plan period lasts for one year for […]

Hyderabad: Chumbak, an omnichannel lifestyle company, is looking at expanding its home decor, furnishing, wall decor and lifestyle merchandise with a focus on design and sustainability. The company caters to a customer base of over 6,00,000 and is planning to raise funds through investors to accelerate further growth to expand its market presence.     Vasant […]

Bengaluru: Housing sales have increased by 12 per cent to 1,38,051 units during January-September period of the current calendar year from 1,23,725 units in the corresponding period of 2020 as per the recent report ‘Real Insight residential Q3 2021 by housing brokerage firm PropTiger.com. According to the report, driven by pent up demand and festive […]

New Delhi: Net leasing of the office space across seven major cities will reach 90-95 per cent of the pre-Covid-19 level during the next financial year, on fresh hiring and return of employees to workspace, according to rating agency Crisil. Net leasing refers to the absorption of new office space less space vacated by tenants. […]

Hyderabad: Informa Markets in India, the B2B exhibitions organiser, is organising the fifth edition of RenewX, a two-day Renewable Energy trade expo to be held on November 19 and 20, 2021 at Hitex, Hyderabad. The event will provide an industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for […]

Hyderabad: Uber has begun serving riders and drivers in Warangal in Telangana, marking the company’s expansion to 100 cities across India. Initially, it has made a range of auto and car products available on its platform in the city. Uber launched in India in 2013 and since then it has served nearly 95 million riders […]

Hyderabad: Close on the heels of Kerala-based textiles company Kitex choosing Telangana to set up a new unit, another Kerala company VKC Group is keen to set up a unit to manufacture footwear in Telangana and is actively engaged in discussion with the State government. The unit could attract investment of Rs 100 crore over […]

The company was launched in India in 2013 and since then, it said, it has served nearly 95 million riders and drivers till date.

Hyderabad: Caspian Debt, a Hyderabad-based debt fund provider to startups and social enterprises, has disbursed loans ranging from Rs 50 lakh to Rs 5 crore and expanded its portfolio by adding nine new SMEs from sectors such as food and agriculture, education and skill development, clean energy, healthcare, and general impact sectors during April- October […]

Mumbai: Paytm became the largest initial public offering (IPO) launched in the Bombay Stock Exchange (BSE), as its parent company, One97 Communications, on Thursday launched its IPO with the value of Rs 18,300 crores. However, amid weak market sentiments, immediately after the launch, the shares of Paytm traded in the red zone and fell over […]

New Delhi: Italian superbike maker Ducati on Thursday launched its flagship motorcycle model Panigale V4 SP in India priced at Rs 36.07 lakh (ex-showroom India). Bookings are now open across all Ducati dealerships in Delhi-NCR, Mumbai, Pune, Ahmedabad, Hyderabad, Bengaluru, Kochi, Kolkata and Chennai, and deliveries will start with immediate effect, Ducati India said in […]

Hyderabad: Small Industries Development Bank of India (SIDBI) has entered into a collaboration with Google for having a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates targeted at micro enterprises, under a Rs 110-crore ($15 million) corpus fund. This corpus fund has been brought as a crisis […]

Hyderabad: GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has emerged as the winning bidder for the development and operation of Kualanamu International Airport in Medan, Indonesia (Medan Airport). The letter of award is expected to be issued in the next few days, post bid formalities, while signing of project agreements before end […]

Hyderabad: Hyderabad-based healthtech company Docturnal has been selected for Project Amplify programme, supported by Accenture and Microsoft, as part of 10 startups chosen from across India. Founded in 2016 by Arpita Singh, Rahul Pathri, and Vaishanavi Reddy, Docturnal is aimed at providing point-of-care and non-invasive screening and prognosis for pulmonary tuberculosis and pneumonia. The team […]

Hyderabad: Hyderabad-based MSN Labs has launched anti-epileptic drug, India’s first generic vigabatrin powder for oral solution under the brand name Viganext. An infantile spasm is a seizure with sudden stiffening of the body and brief bending forward or backward of the arms, legs and head. Vigabatrin is recommended as the first-line therapy for infantile spasm, […]

Hyderabad: Sustainability is not a trend. ‘Doing good’ impacts ability to ‘do well’. It is the fusion of a growing economy, inclusive society and a thriving environmental ecosystem. When aligned, it enhances value for every stakeholder. However, it is still early days for the sustainability ecosystem in India. Most policymakers view it from the prism […]

Hyderabad: EdTech company upGrad has leased 1,000 seats from IndiQube, a flexible workspace provider, in a multi-city deal spanning Hyderabad and Bengaluru. In Hyderabad, upGrad will be operating from IndiQube Pearl situated in Gachibowli, the software hub of the city. In Bengaluru, upGrad will be operating from IndiQube Lexington, located at Koramangala. upGrad will have […]

New Delhi: Consumers continue to get relief from rising fuel prices with oil marketing companies (OMCs) keeping pump prices of petrol and diesel unchanged post revision of duties by the state governments on Diwali eve. Accordingly, their prices remained static for 13th consecutive day on Wednesday under the daily price revision mechanism followed by oil […]

Hyderabad: McDonald’s India partnered with FMCG company ITC to add a differentiated fruit beverage, B Natural to its Happy Meal, which will be available across all McDonald’s restaurants in South and West India, primarily catering to children in the age group of 3-12 years. Arvind RP, director, Marketing, McDonald’s India (West and South) said, “Happy […]

Hyderabad: Murugappa Group company and phosphatic fertilizer manufacturer Coromandel is setting up a new 1,650 metric tonnes per day capacity sulphuric acid plant at its fertilizer complex in Visakhapatnam with an investment of Rs 400 crore. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions). Commenting […]

Hyderabad: Fintech company Zaggle has partnered with personal loan and salary advance platform EarlySalary to offer affordable credit to more than 4,500 corporates catering to over five million users. With this association, Zaggle will expand its product line and offer affordable and instant lending solutions to its existing clientele. Additionally, this partnership will be beneficial […]

Hyderabad: TalentSprint, an NSE Group EdTech company, entered into a multi-year partnership with the Centre for Executive Education at Indian School of Business (ISB). TalentSprint would be the strategic outreach partner for ISB Executive Education – leveraging ISB’s commitment to creating young global leaders through innovative programmes, faculty and thought leadership, alongside its  expansive reach. […]