Prime Minister Narendra Modi on Friday said technology firms will be given 50% financial assistance for setting up semiconductor manufacturing facility the country. “We were offering incentives as part of…
The founder and CEO of a Bengaluru-based company, Brij Singh, on Thursday expressed his frustration and the possibility of moving back to the US due to the challenges he faced…
On Monday, Union Finance Minister Nirmala Sitharaman said that about one lakh notices were sent for non-filing of returns and misrepresentation of income. Sitharaman added that the notices were sent…
Indian ed-tech firm Byju’s has vacated its largest office space in Bengaluru, as it seeks to cut costs and shore up liquidity. It has also given up a portion of…
Banks in India wrote off bad loans totaling more than Rs 2.09 lakh crore during the FY 2022-23, The Indian Express has reported. This brings the total loan write-offs by…
India on Thursday signed an agreement with Japan for the joint development of the semiconductor ecosystem and to maintain the resilience of its global supply chain. Japan became the 2nd…
The engineers who built the mobile launch pad for the Chandrayaan-3, have reportedly not received their salaries for more than a year. As per a report by IANS, thousands of engineers…
The Reserve Bank of India (RBI) in its July bulletin has said that India could become a developed country by 2047 with an average annual real GDP growth of 7.6%…
Netweb Technologies India, a leading provider of cutting-edge computing solutions, has officially opened its initial public offering (IPO) for public subscription today. The IPO presents an opportunity for investors to…
Union Finance Minister Nirmala Sitharaman on Sunday announced that India will launch a pilot programme on tax and financial crime investigation from July 18. "It gives me immense pleasure to…
The Reserve Bank of India (RBI) said on Friday that India’s foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7. For the…
The Reserve Bank of India (RBI) on Tuesday cancelled the licence of two cooperative banks — Sri Sharada Mahila Co-operative Bank, Tumkur, Karnataka, and Harihareshwar Sahakari Bank, Wai, Satara. While…