Month: February 2024
Byju’s: Byju’s shareholder group calls for EGM, to vote for ouster of Byju Raveendran, board
A group of key shareholders holding more than 30% stake in Byju’s has issued a notice to the cash-strapped edtech firm calling for an extraordinary…
swiggy: Swiggy names HUL’s Ashwath Swaminathan to head growth and marketing
Public markets-bound Swiggy on Thursday said a former executive from Hindustan Unilever was joining the firm to lead its growth and marketing function.Ashwath Swaminathan, the…
paytm: Fintechs fear RBI’s Paytm action to have wider implications
The banking regulator’s action against Paytm Payments Bank, an associate company of Paytm, has not only shocked the larger fintech community, but also alerted them…
Budget 2024: Budget 2024: Tax holiday for startups, sovereign funds extended by 1 year
The interim budget for 2024-25 has proposed to extend the tax holiday offered to startups, sovereign and pension funds, and certain investment units housed in…
Older petty tax demands to be waived
The government has extended an olive branch to taxpayers who are still dealing with petty tax demands related to previous years. It has proposed to…
rohan khara: BharatPe hires Rohan Khara as chief product officer
Fintech company BharatPe Group has appointed Rohan Khara as its chief product officer. Khara will lead product development and innovation, designing of merchant and consumer…
Paytm: What next for Paytm’s banking arm after RBI clampdown?
The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wallets…
Vijay Shekhar Sharma: Paytm setback: Vijay Shekhar Sharma says ‘Indian startup dream must overcome every situation collectively’
Stressing on the undying spirit of an entrepreneur, Paytm founder Vijay Shekhar Sharma wrote in a WhatsApp group of startup founders that nothing can deter…
paytm ban: Shock and awe: Founders decry RBI action against Paytm
The Reserve Bank of India’s decision to prohibit fintech major Paytm’s vertical Paytm Payments Bank from offering all forms of banking services within a month…
deep-tech: Budget 2024: Centre to unveil scheme to strengthen deep-tech for defence sector: FM
A new scheme will be launched to strengthen deep tech for the defence sector, Finance Minister Nirmala Sitharaman said on Thursday. Presenting the interim Budget…