Mamaearth, Nykaa expect strong growth momentum in Q2 FY27
Posted in Startups

Mamaearth, Nykaa expect strong growth momentum in Q2 FY27

The parent companies of leading beauty and personal care (BPC) brands Mamaearth and Nykaa have projected strong growth momentum for the second quarter of FY27.Honasa…

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Navya Naveli Nanda announces Naveli Ventures to back India's frontier founders
Posted in Startups

Navya Naveli Nanda announces Naveli Ventures to back India’s frontier founders

Navya Naveli Nanda on Tuesday announced the launch of Naveli Ventures, the strategic venture arm of the Nanda Family Office, to back startups across deeptech,…

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Posted in Economy

Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface

New Delhi: The Centre plans to launch a faceless scheme under the Central Goods and Services Tax (CGST) on a pilot basis within the next…

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Marico raises stake in Plix owner to 84%
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Marico raises stake in Plix owner to 84%

Marico has raised its stake in Satiya Nutraceuticals, owner of plant-based nutrition and personal care brand Plix, to 84.09%, valuing the company at about Rs…

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Posted in Economy

RDI fund: Call for proposals to reopen after review, to boost Viksit Bharat 2047, says TDB Secretary

NEW DELHI: The Research, Development, and Innovation (RDI) Fund, a Rs 1 lakh crore program to support domestic companies, will eventually facilitate the Viksit Bharat…

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Deepverse: Top tech players, policymakers come together on Deepverse platform to develop deeptech
Posted in Startups

Deepverse: Top tech players, policymakers come together on Deepverse platform to develop deeptech

Startup Policy Forum (SPF) has launched DeepVerse, a multi-stakeholder platform that will bring together startups, investors, academia, and policymakers.SPF is an independent, not-for-profit alliance of…

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Posted in Economy

S&P sees 12-14% credit growth in India despite rural stress risks

Kolkata: S&P has projected a 12-14% financial sector credit growth even as concerns over a likely subdued rural credit growth remain if the irregular monsoon…

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Posted in Economy

Cabinet approves new authority to enhance R&D across transportation and logistics

The Union Cabinet on Tuesday approved creation of an Integrated Transport & Logistics Authority (ITLA) to establish synergy in transport planning across the country. The…

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Posted in Economy

Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprises

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a SME Growth Fund with an outlay of Rs 10,000 crore to support micro, small…

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AI music startup Suno: Italy regulator probes AI music startup Suno over terms of service
Posted in Startups

AI music startup Suno: Italy regulator probes AI music startup Suno over terms of service

Italy’s antitrust authority said on Tuesday it had opened an investigation into AI music startup Suno, saying some clauses in its terms of service may…

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