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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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…