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CarDekho set to file for Rs 3,000 crore IPO this quarter
Posted in Startups

CarDekho set to file for Rs 3,000 crore IPO this quarter

Auto-tech platform CarDekho’s parent Girnar Software is preparing to file draft papers for an initial public offering (IPO) in the July-September quarter, targeting an issue…

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Posted in Economy

EPFO to transfer Rs 1.4 lakh cr in interest to 340 million members by July 15

New Delhi: The Employees’ Provident Fund Organisation (EPFO) will auto-process the credit of ₹1.44 lakh crore as 8.25% interest for FY26 to nearly 340 million…

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A 40% Rainfall  Deficit
Posted in Economy

Rainfall deficit narrows to 24%, to boost Kharif sowing in July

New Delhi: Improved rainfall in July has narrowed the country’s rainfall deficit and raised hopes of faster kharif sowing, agriculture minister Shivraj Singh Chouhan said…

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CBDT exempts NCCL settlement fund from tax
Posted in Economy

CBDT exempts NCCL settlement fund from tax

New Delhi: The Central Board of Direct Taxes (CBDT) has granted income-tax exemption to the Core Settlement Guarantee Fund (CSGF) maintained by National Commodity Clearing…

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Capacity ramp-up and strong demand offset competition
Posted in Economy

Indian transformer makers shrug off re-entry of China; Capacity ramp-up and strong demand offset competition

Indian transformer makers are undaunted by the lifting of restrictions on Chinese companies bidding for transmission projects, as their order books are robust and capacity…

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Posted in Economy

Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme

New Delhi: The government has sought proposals for setting up coal and lignite gasification projects across the country under its Rs 37,500-crore incentive scheme, an…

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Posted in Economy

Centre approves procurement of copra, Totapuri mangoes from Tamil Nadu farmers

New Delhi: The Centre on Wednesday approved the procurement of copra and Totapuri mangoes from farmers in Tamil Nadu, a move aimed at shielding growers…

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Jeff Bezos' Blue Origin seeks first outside funding at $130 billion valuation: Report
Posted in Startups

Jeff Bezos’ Blue Origin seeks first outside funding at $130 billion valuation: Report

Jeff Bezos’ Blue Origin is looking to tap outside investors for the ​first time, aiming to raise $10 ​billion in a funding round that would…

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Posted in Economy

IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy

The International Monetary Fund (IMF) on Wednesday marginally lowered India’s FY27 growth forecast to 6.4% from 6.5% projected in April, while highlighting that India remains…

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E-mobility startup Milo Drive secures $2.4 million from Caret Capital, Antler India, IAN Capital
Posted in Startups

E-mobility startup Milo Drive secures $2.4 million from Caret Capital, Antler India, IAN Capital

Bengaluru-based electric mobility startup Milo Drive has raised $2.4 million in a seed round led by Caret Capital, with participation from Antler India, Alteria Capital,…

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