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Page 87 - Companies

Frostbite amid funding winter for start-ups: Experts rue angel tax

Industry watchers believe that early-stage start-ups will bear most of the brunt, as the segment witnesses comparatively higher deviation in allotted share prices and FMV

Frostbite amid funding winter for start-ups: Experts rue angel tax
Updated On : 02 Feb 2023 | 11:46 PM IST

Budget 2023: 80,000 start-ups exempt from angel tax, says govt

The Union Budget 2023 on Wednesday proposed to extend the angel tax provisions to transactions involving foreign investors

Budget 2023: 80,000 start-ups exempt from angel tax, says govt
Updated On : 02 Feb 2023 | 11:43 PM IST

Viacom18 turns to Jio playbook for IPL digital broadcast this year

Men's and women's T20 leagues to be offered free on JioCinema app; 16 feeds in 12 languages, multi-camera angles, 4K broadcast among tech innovations

Viacom18 turns to Jio playbook for IPL digital broadcast this year
Updated On : 02 Feb 2023 | 11:37 PM IST

Britannia to opt for promotional offers instead of price cuts: Varun Berry

In FY22 and FY23, the company increased prices in order to pass on rising raw material costs to the consumer

Britannia to opt for promotional offers instead of price cuts: Varun Berry
Updated On : 02 Feb 2023 | 11:27 PM IST

Rs 1,500 crore of Adani Enterprises short-term debt to mature by April 27

The fall was triggered by short seller Hindenburg Research's accusation against the group of accounting fraud and stock manipulation

Rs 1,500 crore of Adani Enterprises short-term debt to mature by April 27
Updated On : 02 Feb 2023 | 10:53 PM IST

Patent infringement: HC orders Triveni Chemicals to pay Rs 2 cr to Pfizer

Pfizer Inc. and its group companies had filed a suit in the court against Triveni Interchem Private Limited & others accusing the for infringing their patent(IN 218291) for the compound Palbociclib

Patent infringement: HC orders Triveni Chemicals to pay Rs 2 cr to Pfizer
Updated On : 02 Feb 2023 | 10:42 PM IST

Edtech giant Byju's lays off nearly 1,000 employees across verticals

According to the company sources, the layoffs are part of the"optimisation" strategy announced last year where the company plans to sack 2,500, or 5 per cent, of its employees

Edtech giant Byju's lays off nearly 1,000 employees across verticals
Updated On : 02 Feb 2023 | 10:34 PM IST

Changes to Competition Amendment Bill likely next week in Budget session

The panel had said that the MCA had not put forth a strong argument as to why IPR could not be used as a defence against the abuse of a dominant position

Changes to Competition Amendment Bill likely next week in Budget session
Updated On : 02 Feb 2023 | 10:05 PM IST

Reconsider Satyam order: Securities Appellate Tribunal to Sebi

Regulator had fined Ramalinga Raju, others and banned them from market for 14 yrs

Reconsider Satyam order: Securities Appellate Tribunal to Sebi
Updated On : 02 Feb 2023 | 9:57 PM IST

Tata Consumer Products gets nod to delist its global depository receipts

Maker of Tata Tea announces net profit of Rs 352 crore

Tata Consumer Products gets nod to delist its global depository receipts
Updated On : 02 Feb 2023 | 8:45 PM IST

Freightify raises $12 million in series A led by Sequoia Capital

Freightify helps power digital transformation of Freight forwarders through their suite of proprietary products

Freightify raises $12 million in series A led by Sequoia Capital
Updated On : 02 Feb 2023 | 8:20 PM IST

Govt-recognised startups eligible for angel tax exemption: DPIIT Secy

More than 84,000 DPIIT-recognised start-ups in the country, data shows

Govt-recognised startups eligible for angel tax exemption: DPIIT Secy
Updated On : 02 Feb 2023 | 8:02 PM IST

Law ministry allows CCI to clear pending mergers without full quorum

16 applications pending; corporate affairs ministry studying proposal, say sources

Law ministry allows CCI to clear pending mergers without full quorum
Updated On : 02 Feb 2023 | 7:44 PM IST

Hindujas to invest Rs 10,000 crore to raise stake in IndusInd Bank

The Hinduja group has also offered to take over Reliance Capital for Rs 9,000 crore, but its offer is facing litigation from its rival bidder Torrent

Hindujas to invest Rs 10,000 crore to raise stake in IndusInd Bank
Updated On : 02 Feb 2023 | 7:31 PM IST

Gautam Adani in crisis as bonds hits distressed levels, stock sale axed

Banks either want more collateral for loans, or are scrutinizing the value of the company's debt to lend against

Gautam Adani in crisis as bonds hits distressed levels, stock sale axed
Updated On : 02 Feb 2023 | 8:35 AM IST

Adani Enterprises decides not to go-ahead with FPO, money to be returned

Given the extraordinary circumstances, AEL's board felt that going ahead with the issue will not be morally correct

Adani Enterprises decides not to go-ahead with FPO, money to be returned
Updated On : 02 Feb 2023 | 12:21 AM IST

Adani rout passes $80 billion as key share sale fails to lift mood

The crisis of confidence plaguing Gautam Adani is deepening, with the selloff in the Adani group shares triggered by Hindenburg Research's fraud allegations rapidly turning into a meltdown

Adani rout passes $80 billion as key share sale fails to lift mood
Updated On : 01 Feb 2023 | 3:45 PM IST

Paypal to cut 2,000 jobs in push to trim costs amid economic slowdown

While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do: Dan Schulman

Paypal to cut 2,000 jobs in push to trim costs amid economic slowdown
Updated On : 01 Feb 2023 | 8:19 AM IST

Amazon India offers 50% referral fee waiver for e-commerce businesses

Businesses pay Amazon referral fees to for facilitating sales on the online marketplace

Amazon India offers 50% referral fee waiver for e-commerce businesses
Updated On : 31 Jan 2023 | 2:48 PM IST

India bucked slowdown to emerge as global M&A hotspot in 2022: Report

In the country's fourth straight year of a steady increase in strategic M&A, deal volumes hit record levels and deal value rose by 139% in 2022

India bucked slowdown to emerge as global M&A hotspot in 2022: Report
Updated On : 31 Jan 2023 | 2:45 PM IST