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How BluSmart's Closest Ally Became Its Biggest Risk

India, March 26 -- "In 10 years, everyone in India should be able to get a BluSmart EV cab within 5 minutes." This is what Anmol Jaggi, cofounder of BluSmart - and chairman and MD of listed company Ge... Read More


WhatsApp Messages Helped Uncover INR 200 Cr Tax Evasion: FM

India, March 26 -- Union Finance Minister Nirmala Sitharaman has defended the provisions of the new Income Tax Bill, 2025 in Parliament, highlighting the importance of digital surveillance in fighting... Read More


WhatsApp Messages, Google Maps Helped Uncover INR 200 Cr Tax Evasion: FM

India, March 26 -- Union Finance Minister Nirmala Sitharaman has defended the provisions of the new Income Tax Bill, 2025 in Parliament, highlighting the importance of digital surveillance in fighting... Read More


Country Delight To Net $25 Mn From Temasek

India, March 26 -- Dairy tech soonicorn Country Delight is raising about $25 Mn (INR 212.50 Cr to be precise), in what looks like its Series E funding round, from Temasek's subsidiary V-Sciences Inves... Read More


BofA Downgrades Swiggy, Zomato Citing Rising Losses In Q-Com & Slow Growth In Food Biz

India, March 26 -- Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the... Read More


Swiggy Gets INR 99 Lakh Tax Demand Notice

India, March 26 -- Foodtech major Swiggy has received an income tax demand notice of INR 53.5 Lakh. Besides the tax, the company has also been asked to pay an interest of INR 45.44 Lakh, taking the to... Read More


MobiKwik Enters Stock Broking Segment To Take On Zerodha, Groww

India, March 26 -- Fintech major MobiKwik has become the latest entrant to the country's burgeoning investment tech market. The listed company has set up a wholly owned subsidiary Mobikwik Securities ... Read More


[Update] Now, SPF Joins PCI's Bid To Reinstate MDR On UPI, RuPay Transactions

India, March 26 -- Update | March 26, 3:25 PM A couple of days after the Payments Council of India (PCI) sought reinstatement of merchant discount rate (MDR) on UPI payments and RuPay transactions, r... Read More


Govt Drops Import Duty On Key Components For EV Batteries

India, March 26 -- Giving a further boost to electric vehicle manufacturing in India, the government has removed import duties on several goods and raw materials used in manufacturing EV batteries and... Read More


Zypp Electric Trims 10% Workforce Over 'Performance' Issues

India, March 26 -- IPO-bound electric mobility startup Zypp Electric has laid off nearly 10% of its workforce in the past three months due to "performance" issues. Zypp cofounder and CEO Akash Gupta ... Read More