Business By Industry

MSMEs Face Setback as New Income Tax Clause Spurs Business Losses: Report

New Income Tax Provision Causes Business Turmoil. A recent change to the Income Tax Act, implemented during the Budget 2023-24, sought to improve timely payments

Girish Mathrubootham Resigns as Freshworks CEO, Takes on Executive Chairman Role
Business

Girish Mathrubootham Steps Down as Freshworks CEO, Assumes Executive Chairman Role

Girish Mathrubootham, the visionary leader behind Freshworks, has made a significant announcement regarding his role within the company. After a decade of steering Freshworks as

India-Nigeria Trade Officials Convene Amid Declining Chinese Investments in Africa
Business

India-Nigeria Trade Officials Meet Amid China’s Declining Investments in Africa

Indian trade officials convened a Joint Trade Committee (JTC) meeting with their Nigerian counterparts, signaling a strategic move amidst shifting economic dynamics in Africa. This

The Impact of B2B EV Cabs on Urban Mobility: Transforming Cleaner, Smarter Cities
Business

Transforming Urban Mobility: The Impact of B2B EV Cabs on Cleaner, Smarter Cities

Addressing Environmental Challenges Given the growing urbanization and environmental concerns, the transportation sector offers both opportunities and problems. In this regard, business-to-business (B2B) electric vehicle

SMBXL: Revolutionizing MSME Digital Journeys Through Virtual Expos and Innovative Solutions
Business

SMBXL: Transforming MSME Digital Journeys with Virtual Expos and Innovative Solutions

Reshaping MSMEs’ Digital Landscape For many Micro, Small, and Medium-Sized Enterprises (MSMEs), the COVID-19 epidemic hastened their digitization process and forced them to look for

PharmEasy Raises INR 1,804 Cr Through Rights Issue Despite Valuation Cut
Business

PharmEasy Rights Issue Raises INR 1,804 Cr Amid Valuation Cut

The well-known digital pharmaceutical platform PharmEasy has successfully completed a major fundraising effort with a rights issue, generating INR 1,804 crore ($216.2 million). With this

Reliance Retail Surpasses $100 Billion Valuation, Outshines Competitors
Business

Reliance Retail Surpasses Competitors, Valued Over $100 Billion

Dominance in the Indian Consumer Space Reliance Retail has emerged as a juggernaut in the Indian retail landscape, surpassing competitors and garnering a valuation of

RBI's Business Curbs: A New Weapon?
Business

RBI Use of Business Curbs as a Regulatory Tool

The Reserve Bank of India (RBI) has increasingly resorted to business restrictions as a regulatory tool to enforce compliance among financial institutions. This approach marks

Tesla's India Plans Delayed as Focus Shifts to Low-Cost Cars
Business

Tesla Delays India Plant Plans Amid Shift to Low-Cost Cars

Tesla, led by Elon Musk, has announced a significant shift in its strategy, opting to focus on producing more affordable vehicles using its existing factories

Ather's Path to Unicorn Status; AI-Powered Enterprise Engagement
Business

Ather Energy Targets $1 Billion Valuation in Pre-IPO Funding Round

Ather Energy, the electric two-wheeler manufacturer, is poised to raise approximately $95 million in a pre-IPO funding round, aiming to achieve a valuation surpassing the