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Govt Clears 29 More Electronics Manufacturing Projects Worth Rs.7.1K Cr

India, March 31 -- The IT ministry (MeitY) has approved 29 additional applications under the Electronics Component Manufacturing Scheme (ECMS). These new proposals are expected to bring in investments... Read More


Exclusive: D2C Brand BeastLife Raises Rs.20 Cr From GVFL, Equentis

India, March 26 -- D2C nutrition brand BeastLife has raised Rs.20 Cr (about $2.1 Mn) in its pre-Series A funding round at a post money valuation of Rs.320 Cr (about $34 Mn) from GVFL and Equentis, sou... Read More


Groww Promoter Group Entities Pledge 1.9 Cr Shares To Aditya Birla Capital

India, March 23 -- Groww promoter group entities - Mufasa, Thousand Oaks Trust and Fortune First Trust - have each pledged 62.5 Lakh shares to Aditya Birla Capital for "personal" reasons on March 20, ... Read More


Telangana HC Dismisses Fino Bank MD Rishi Gupta's Plea

India, March 23 -- The Telangana High Court has dismissed the writ petition filed by Fino Payments Bank's MD and CEO Rishi Gupta seeking bail, weeks after his arrest in an alleged tax evasion case.&#1... Read More


Centre's Aadhaar App Pre-Installation Push Faces Industry Resistance: Report

India, March 19 -- The Central government's proposal to have the Aadhaar app pre-installed on smartphones has reportedly run into resistance from device makers and the broader tech industry. As per a... Read More


Inside India's $155 Bn Semiconductor Opportunity

India, March 19 -- The world is entering an era of supply chain anxiety. Two geopolitical fault lines, both capable of fracturing the global economy, are converging at once.  Conflict across Wes... Read More


Ola Electric To Divert Rs.475 Cr IPO Proceeds From R&D To Debt Repayment

India, March 19 -- Troubled EV major Ola Electric's board has proposed yet another change to the utilisation of its Rs.5,500 Cr IPO proceeds. The board has approved reallocating Rs.575 Cr from its res... Read More


NPCI's RuPay Credit Card Fee Cut To Have 'No Material Impact' On Business: Paytm

India, March 11 -- The National Payments Corporation of India (NPCI) has proposed the revision of the fee structure for RuPay credit card transactions on UPI. As per an NPCI circular, the fees payabl... Read More


RBI Proposes Rs.25K Cap On Compensation For Online Frauds

India, March 7 -- The Reserve Bank of India (RBI) yesterday released draft guidelines for a compensation scheme to protect consumers from digital fraud.  Under the proposed regime, aggrieved cus... Read More


Govt May Consider Relaxing SIM-Binding Rules: Report

India, March 6 -- The Centre is reportedly considering easing some of the proposed SIM-binding rules after industry players raised concerns over the scope of the regulation. The rules, issued by the ... Read More