Zomato gets Rs 11.82 cr tax demand notice
Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021. The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising...
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Role played by India during G-20 presidency appreciated at IMF and WB meeting: Seth
20 April 2024 | PTI -
Nestle shares continue to decline; mcap erodes by Rs 10,610.55 crore in two days
20 April 2024 | PTI -
Business brief
20 April 2024 | Agencies -
Stock markets stage strong rebound
20 April 2024 | PTI -
India standout performer amidst sluggish global growth: IEA Secretary
20 April 2024 | PTI -
NHAI identifies 33 highway stretches for monetisation
19 April 2024 | PTI -
Nestle India mcap erodes by Rs 8,137.49 crore
19 April 2024 | PTI
Rupee rises 6 paise to close at 83.55 against US dollar
The rupee rebounded from its all-time low levels and appreciated 6 paise to close at 83.55 (provisional) against the US dollar on Thursday, as the American currency and brent crude oil prices retreated from their elevated levels. At the interbank foreign exchange market, the local unit opened at 83.51 against the...
AI powered equity platform PineGap.Ai raises USD 2.5 million
PineGap.Ai, an AI-powered equity research platform, on Thursday said it has raised USD 2.5 million (about Rs 20.88 crore) in a funding round led by US-based investors SVQuad and Inventus Capital. The seed funding round also saw participation from DeVC and Silicon Valley serial entrepreneurs like Mohit Aron, Founder of Cohesity/Nutanix,...
Moneyboxx AUM crosses Rs 720 crore in FY24
Moneyboxx Finance, an NBFC providing small-ticket business loans to small enterprises, on Thursday said its asset under management more than doubled during fiscal 2023-24 crossing Rs 720 crore. Moneyboxx aims to nearly double its asset under management (AUM) to Rs 1,400 crore by March 2025, it said in a release. The company...
Business brief
SRM IST ALUMNI FETCH $4,70,000 FUNDING Eight years after graduating from the portals of SRM IST — India's pre-eminent destination for higher learning in technology, management, science, arts, and medicine — and four years after launching their independent venture, a team of SRM alumni's work on an innovative powertrain component is...
Just Dial shares zoom over 13 per cent
Shares of Just Dial Ltd on Thursday zoomed over 13 per cent after the company reported a 38.44 per cent rise in consolidated net profit in the March quarter. The stock climbed 12.97 per cent to settle at Rs 1,009.95 on the BSE. During the day, it zoomed 14.63 per cent...
Infosys profit jumps 30 per cent to Rs 7,969 crore in Q4
IT company Infosys on Thursday said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the fourth quarter ended March 2024. The company posted a profit of Rs 6,128 crore in the same period a year ago, according to a regulatory filing. The consolidated revenue of Infosys during the...
Electronics industry sees surge in hiring: Report
The electronics industry in the country has experienced sharp growth in hiring and skilling initiatives with a 154 per cent growth in overall hiring in March, compared to the same month last year, a report said on Thursday. The report also showed that the telecom sector topped in the hiring...
