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No Applications Received Under E4W Manufacturing Scheme: Govt

India, Dec. 3 -- Minister of State (MoS) for heavy industries Bhupathiraju Srinivasa Varma yesterday confirmed that the government failed to receive any applications under the Scheme for Promotion of ... Read More


State-Backed Bharat Taxi To Be Launched Next Month

India, Dec. 3 -- Union home and cooperation minister Amit Shah yesterday informed the Parliament that the new state-backed ride-hailing service, called "Bharat Taxi", will be launched next month. As ... Read More


IPO-Bound Aequs Nets INR 414 Cr From Anchor Investors

India, Dec. 2 -- Ahead of the commencement of the bidding for its public issue tomorrow, contract manufacturing company Aequs has raised INR 413.9 Cr from anchor investors. As many as 33 investors su... Read More


Kerala HC Summons BYJU'S RP, Glas Trust & EY India Head On Dec 5

India, Dec. 2 -- The Kerala High Court (HC) has reportedly summoned BYJU'S resolution professional Shailendra Ajmera, EY India chairman Rajiv Memani and Glas Trust representative on December 5. As pe... Read More


[Update] Bombay HC Dismisses Pleas Challenging WeWork India IPO

India, Dec. 2 -- Update | December 2, 01:35 AM Two months after reserving its order, the Bombay HC yesterday reportedly dismissed two writ petitions that sought to block WeWork India's initial public... Read More


BYJU'S Founder To Seek $2.5 Bn In Damages

India, Nov. 28 -- BYJU'S founder Byju Raveendran plans to file a defamation lawsuit against the troubled edtech startup's consortium of lenders, Glas Trust, and the resolution professional (RP) in the... Read More


RMG Continues To Bleed, Blinkit Bags INR 600 Cr & More

India, Nov. 27 -- The RMG Churn Goes On The churn in the now-defunct real-money gaming (RMG) sector continues. Beleaguered giant Junglee has slashed its workforce by a third, Dream Sports is pivoting... Read More


Paytm Payments Services Gets RBI's Payment Aggregator Licence

India, Nov. 27 -- Fintech major Paytm's subsidiary, Paytm Payments Services Limited (PPSL), has secured final authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA)... Read More


Zetwerk's IPO Redux, Neo Bags $25 Mn & More

India, Nov. 26 -- Zetwerk Revives IPO Plans Zetwerk is back on the IPO bandwagon. Barely eight months after delaying its listing plans amid market uncertainties, the B2B manufacturing giant has now t... Read More


PM Modi To Unveil Skyroot's First Orbital Rocket, Vikram-I

India, Nov. 26 -- Prime Minister Narendra Modi will virtually unveil spacetech startup Skyroot Aerospace's first orbital rocket, Vikram-I, tomorrow (November 27). In a press release, the Prime Minist... Read More