Afghanistan woos Indian investors with tax sops, reopens air cargo route
New Delhi: Afghanistan‘s commerce and industry minister Alhaj Nooruddin Azizi on Friday invited investors and industrialists from India to invest in his country, highlighting opportunities…
No anchor, rupee sinks to 89/dollar
The rupee hit its weakest level on record, depreciating past the psychologically significant 89 per dollar mark for the first time on Friday, before closing…
SEZs raise concerns at US’ countervailing duties, QCOs at meet with commerce secretary
New Delhi: Special Economic Zone (SEZ) units and developers raised concerns on countervailing duties imposed by the US and the need to review the applicability…
Groww’s Q2 revenues drop 9.5% to Rs 1,018 crore, but net profit up 12%
Wealthtech major Groww’s operating revenue for the September quarter declined 9.5% year-on-year (YoY) to Rs 1,018 crore, but its net profit went up 12% to…
ETtech Deals Digest: Startups raise $1 billion this week, nearly double on-year
Startups raised around $1.03 billion between November 15 and 21, nearly double the $566.2 million secured during the same period last year, driven primarily by…
Zomato parent Eternal extends Hyperpure to food businesses big & small
Hyperpure, the B2B grocery supply arm of Zomato’s parent Eternal, has expanded its services from hotels and restaurants to all types of food businesses. ET…
What Swiggy, Zomato and their ilk must do under India labour codes| Business News
The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig…
The rise of conviction investing in India’s private markets
India’s private capital ecosystem continues to evolve with confidence. Over the last few years, the private equity and venture capital landscape has shifted from momentum-led…
Meesho eyes $6-billion valuation in IPO set for early December launch| Business News
Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of…
Meesho eyes $6 billion valuation with December 3 IPO; check price band
E-commerce platform Meesho Ltd., which plans to launch its initial public offering likely on December 3, is seeking a valuation of about 530 billion rupees…