The CAQM noted in a report that unlike Delhi and UP, Haryana’s policy does not have an overall electrification target The CAQM, set up for Air Quality Management in NCR and adjoining areas, is betting on EVs to reduce air pollution The report said that it is necessary for all state programmes to set time-bound …
EV Policies: NCR States Need To Focus On Overall Electrification Target, Says CAQM Read More »
The market power on digital advertising exercised by the big tech majors places Indian media companies at a position of disadvantage: MoS Chandrasekhar The move is being mooted through regulatory interventions, which may happen as part of revisions to the existing IT laws: Chandrasekhar The rules will likely be framed along the lines of a …
The startup reported a loss despite an over 17% YoY increase in its operating revenue to INR 7,078.5 Cr BigBasket saw a 26% YoY surge in its total expenses to INR 7,931.8 Cr, largely driven by its spending on the purchases of stock-in-trade Advertising and promotional expenses also saw an over 15X rise in FY22 …
BigBasket’s Loss Widens 4X To INR 812.7 Cr In FY22; Expenses Up 26% Read More »
100% of the complaints received till June 2022 have been resolved, while the complaints received in July are going through active screening: Indian Edtech Consortium Of 5,532 complaints received by the ASCI, the edtech space accounted for less than 2% of the total complaints, claims IEC Member firms have resolved more than 99% of the …
Edtech Consortium Responds To Charges Of Mis-Selling Courses, Claims Safeguards In Place Read More »
NSE Nifty50 ended the week over 1% lower at 16,049.20, while BSE Sensex closed 1.3% lower at 53,760.78 on Friday Shares of Paytm’s parent One 97 Communications surged as much as 5.7% this week to over INR 738 apiece to touch their highest levels since March 11 on the BSE Zomato shares ended the week …
Called the Registration of Press and Periodicals Bill, the proposed legislation will seek to replace the British-era Press and Registration of Books Act, 1867 The Centre has reportedly completed all inter-ministerial and other stakeholder consultations, and the Bill will now go to the Cabinet for its nod The Bill will bring online news portals under …
Government Revives 2019 Bill To Bring Digital News Portals Under Its Ambit Read More »
In order to establish an overall ecosystem of EV manufacturing and adoption, the Chhattisgarh government will give various subsidies and incentives The state government will reimburse 100% SGST and registration fees on sale of electric buses and electric goods carriages registered during the five-year period Chhattisgarh will also allocate 500-1,000 acres of land for developing …
After Haryana, Chhattisgarh Approves Policy To Promote Adoption Of Electric Vehicles Read More »
“Kerala becomes the only State in the country with its own internet service,” Chief Minister Pinarayi Vijayan said in a tweet Announced in 2019, the KFON initiative envisages a total of 35,000 km of optical fibre network across 14 districts KFON aims to create a core network infrastructure that will provide free internet access to …
Kerala Become The First State With Its Own Internet Service, KFON Gets ISP Licence Read More »
*Only last year, SEBI made a slew of changes, including updating the definitions of venture capital undertakings and the conduct of find managers *This time, it has implored the flouting of structures by AIFs to give HNIs an edge in private equity investments *The surprise crackdown means an increased compliance burden on AIFs who are …
SEBI Surprises 20+ Private Equity Funds & AIFs With Inspection Over Compliance Read More »
The Indian startup ecosystem has raised around $448 Mn across 30 deals between July 11 and 16, 2022 The week saw LifeCell acquiring troubled telemedicine startup MFine to create a new entity LifeWell In this week, two startups turned unicorn – fintech startup OneCard, and Blockchain startup 5ire After a bitter start to the month, …
[Funding Galore] From OneCard To VeGrow — $448 Mn Raised By Indian Startups This Week Read More »