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Karnataka Planning 'Deep Tech' Park To Power High Tech Industries

India, March 21 -- Amid Centre's push to the deeptech sector, Karnataka is planning to build a 'Deep Tech' park tosupport the manufacturing efforts in the spacetech, semiconductor, drones, electric ve... Read More


[Update] Unicommerce Completes Buyout Of Shipway

India, March 21 -- Update | March 21, 5:20 PM Ecommerce-focussed SaaS major Unicommerce said it has completed the buyout of courier aggregator platform Shipway by purchasing the remaining 57.24% stak... Read More


Japan's Astroscale Partners Indian Spacetech Startups Digantara, Bellatrix

India, March 21 -- Japan-based on-orbit service provider Astroscale has joined hands with Indian spacetech startups Digantara and Bellatrix Aerospace to collaborate on orbital technology and services.... Read More


SIDBI To Manage INR 1K Cr Spacetech Fund: IN-SPACe

India, March 21 -- SIDBI Venture Capital has been selected as the fund manager for the INR 1,000 Cr venture capital fund announced by the government to back homegrown spacetech startups. The Indian N... Read More


Unicommerce To Acquire Remaining 57.24% Stake In Shipway

India, March 21 -- Listed SaaS platform Unicommerce on Thursday (March 20) announced the acquisition of the remaining 57.24% stake in shipping solutions platform Shipway in a share swap deal. In a fi... Read More


Hero MotoCorp To Acquire 32.5% Stake In Euler Motors For INR 525 Cr

India, March 21 -- Auto giant Hero MotoCorp on Thursday (March 20) announced that it will invest up to INR 525 Cr in electric three-wheeler manufacturer Euler Motors. In a filing with the exchanges, ... Read More


GST Council May Fix Uniform 5% Rate For Commercial Drones

India, March 21 -- To provide clarity to the drone tech industry, the Goods and Services Tax (GST) Council is reportedly looking to finalise a uniform 5% GST rate on all commercial-use drones. A Busi... Read More


SEBI May Allow Founders To Hold ESOPs Even After Startup Goes Public

India, March 21 -- The Securities and Exchange Board of India (SEBI) has proposed allowing startup founders to hold employee stock options (ESOPs) even after the company goes public. The markets regu... Read More


Ola Electric Says Received Notices In 4 States Pertaining To Trade Certificate

India, March 21 -- Ola Electric said it has received notices in four states with regard to trade certificates for a few of its stores, and it is in the process of responding to them This comes amid r... Read More


SEBI's Nod To Paytm Money Opens New Avenues For The Fintech: Motilal Oswal

India, March 20 -- Day after Paytm's parent One97 Communications said that its wholly-owned subsidiary Paytm Money, received approval from the SEBI to act as a research analyst, brokerage firm Motilal... Read More