The government has extended the timeline up to ten years for startups to convert debt investments made in the company into equity shares, a decision which is likely to give relief to budding entrepreneurs to deal with the impact of the Covid-19 pandemic, according to a press note of the DPIIT. Earlier this limit was […]
Coal India unit, the Mahanadi Coalfields Limited (MCL) said it has become the largest coal-producing company in the country. The company said it has crossed 157 million tonnes in coal production in the financial year 2021-22. And, on March 12, the company produced 7.62 lakh tonne of dry fuel. The company claimed that it is the highest
Mahanadi Coalfields Limited in Odisha becomes largest coal producing company in India Read More »
ToneTag, sound-based proximity communication and payments service provider, has recently rolled out VoiceSe UPI digital payments for feature phone user, in partnership with NSDL Payments Bank and NPCI, under the guidance of RBI. Reserve Bank of India has launched the UPI 123Pay facility that enables UPI payments for feature phone users. ToneTag is a sound-based
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi has approved the setting up National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs 5000 crore and paid-up share capital of Rs 150 crore. NLMC will hold and monetise surplus land and building
HDFC Mutual Fund has launched #LaxmiForLaxmi on the occasion of International Women’s Day 2022. #LaxmiForLaxmi is an end-to-end women-led missed call advisory service #LaxmiForLaxmi. #LaxmiForLaxmi is a financial empowerment campaign for women under which women investors will be connected to a woman financial expert near them through a missed call service. The woman financial expert will then
Tata Motors has launched mobile showroom named ‘Anubhav,’ to target rural customers by increasing their reach in rural areas and providing them with a doorstep car buying experience. Tata Motors will deploy 103 mobile showrooms across the country, to enhance Tata Motors brand awareness in rural India. It will be operated by dealerships under Tata Motors’ supervision and guidance. All
Tata Motors launches ‘Anubhav’ showroom on wheels to tap rural markets Read More »
The MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), and Google today announced a cohort of 100 Indian early to mid-stage startups it aims to help build high-quality global apps and games as part of the Appscale Academy. Appscale Academy is a new growth and development programme for startups
Bharti Airtel said it has entered into an agreement to acquire a 4.7% stake in Indus Towers from UK’s Vodafone Group Plc in cash via a block deal. The partnership is in line with Vodafone’s plan to sell its entire 28.1% stake in Indus Towers. Bharti Airtel (“Airtel”) has entered into an agreement with Vodafone to buy 4.7% equity interest in
Bharti Airtel to acquire 4.7% stake of Vodafone in Indus Towers Read More »
According to the Council for Leather Exports (CLE), country’s leather and footwear exports are expected cross $6 billion in 2022-23. This is due to increasing demand in the US and new markets such as Middle East, Africa and Latin America. During April-January this fiscal, leather and leather products exports rose by 33 per cent to $3.6 billion. The exports stood at $3.3 billion in 2020-21
Leather, footwear exports to reach $6 billion in 2022-23: CLE Read More »
Edelweiss Asset Management on Tuesday said it has launched mutual fund investing mobile application eInvest to help investors perform all financial transactions on the go. EInvest is an easy-to-use app for investors to give them a smooth investing experience where they can perform all financial transactions and access their investment from anywhere at any time with
Edelweiss Asset Management launches mobile app eInvest for investors Read More »
