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New Tax Laws Amendment Bill Clears Path For Simpler Data Centre Incentive Regime

India, Aug. 7 -- India's push to become a global cloud and AI infrastructure hub received a boost after the Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026. The Bill simplifies the... Read More


ixigo Crashes 13% Despite Strong Q1, JM Financial Cuts Target Price

India, Aug. 7 -- Shares of traveltech company ixigo fell as much as 13.6% to an intraday low of Rs.174.15 apiece on the BSE today, a day after it reported its Q1 FY27 earnings, as investors weighed st... Read More


PE Giant TPG Offloads Shadowfax Shares In Rs.301 Cr Bulk Deal

India, Aug. 7 -- Private equity (PE) giant TPG yesterday offloaded Shadowfax shares worth nearly Rs.300.6 Cr via an open-market transaction. According to BSE data, the PE major, via its entity NewQue... Read More


Exclusive: Peak XV's Vice President Kriti Gupta To Leave VC Firm After Five Years

India, Aug. 7 -- Peak XV Partners vice president Kriti Gupta is set to leave the VC firm after five years, sources told Inc42. Gupta has decided to take some time off before making her next career mo... Read More


Mitti Labs Bags $9.5 Mn To Make Rice Cultivation Water-Efficient

India, Aug. 7 -- Climate tech startup Mitti Labs has raised $9.5 Mn (around Rs.90 Cr) in its Series A funding round led by Aramco Ventures. The round also saw participation from Godrej Industries Grou... Read More


Netflix Launches India Creator Initiative As Ted Sarandos Bets Big On Local Content, AI

India, Aug. 6 -- Netflix has launched the Netflix India Storytelling Initiative, a new programme aimed at training and supporting creators across animation, visual effects, gaming and comics (AVGC), a... Read More


IPO-Bound LEAP India Nets Rs.744 Cr From Anchor Investors

India, Aug. 6 -- Ahead of the commencement of the bidding for its public issue on August 7, logistics tech platform LEAP India has raised Rs.743.6 Cr from anchor investors. The startup allotted 4.67 ... Read More


[Update] Exclusive: HomeRun Raises $12 Mn To Scale Construction Materials Quick Commerce Platform

India, Aug. 6 -- Update | August 6, 2026, 10:15 IST Quick commerce startup for construction and interior materials HomeRun has raised $12 Mn (about Rs.114 Cr) in a Series A+ funding round led by Nexu... Read More


Shiprocket IPO To Open On August 12, Issue Size Cut To Rs.1,617 Cr

India, Aug. 6 -- Logistics major Shiprocket has filed the RHP to raise Rs.1,617 Cr (about $170 Mn) via its IPO, a 30% reduction from the Rs.2,342.3 Cr proposed in its updated DRHP. The issue will ope... Read More


Gains From Unexercised ESOP Buybacks Taxable As Capital Gains: ITAT

India, Aug. 6 -- The Income Tax Appellate Tribunal (ITAT) has ruled that gains arising from the repurchase of vested, unexercised employee stock options (ESOPs) are taxable under the long-term capital... Read More