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The Economic Times
The Economic Times No GST registration without biometric authentication through Aadhaar and in person verification for these identified taxpayers
GST Registration: Every GST application other than made by a person notified under sub-section 6D of section 25 who has opted for Aadhaar authentication and is identified based on data analysis and risk parameters, shall be followed by biometric-based Aadhaar authentication and taking a photograph of the applicant where the applicant is an individual.
The Economic Times Significant uptick in mainboard IPOs in FY24, $97 bln raised by Indian financial services companies: Report
According to a report by KPMG India, India has witnessed a significant jump in the mainboard IPOs in FY24, with a total of USD 619 billion raised through 76 IPOs. The financial services sector also had about 10 IPOs raising a total of USD 97 billion in FY24.
The Economic Times India Inc boards make more room for young guns
As of March 31, 2024, there were 1,618 directors (including independent) under the age of 40 across all the NSE-listed companies - a 136% jump from 687 under-40 directors a decade earlier, data put together for ET by primeinfobase.com shows.
The Economic Times Angel Tax drains funds, distorts market valuations, say VCs
How is the Angel Tax affecting India's startup ecosystem? Further, how does it impact investment decisions, market valuations, ease of doing business, and foreign investment? Anticipation is in the air if the Ministry of Finance accepts the DPIIT proposal of its abolition as it gears up for the union budget 2024 announcement, meanwhile find out how its potential repeal could reshape the investment landscape and foster growth in India's startup ecosystem, hear from the venture capitalists.
The Economic Times Infosys resumes campus recruitments, plans to hire 15,000-20,000 fresh graduates
Infosys and TCS are set to recruit thousands of fresh graduates this fiscal year, adjusting hiring strategies to include both on-campus and off-campus placements. IT firms focusing on agile hiring approaches to meet evolving market demands.
The Economic Times Budget 2024: Laying the roadmap for ‘Viksit Bharat’
Sanjay Tolia, Partner – Price Waterhouse & Co LLP, explores the multifaceted expectations and potential changes in the forthcoming Union Budget that aim to shape India’s economic landscape and future.
The Economic Times How FM Sitharaman can design India's long-term investment growth portfolio for a Viksit Bharat
The upcoming Union Budget must prioritize long-term growth strategies, addressing structural issues for India to emerge as a developed economy by 2047. Focus areas include rural health enhancement, sustained infrastructure investment, job creation across sectors, human capital development, fiscal discipline, and nurturing sunrise industries like renewable energy and AI, ensuring inclusive growth.
The Economic Times There's no right to a job & one has to compete for it; Karnataka job quota bill is unconstitutional and fascist, says Mohandas Pai
“Karnataka produces a lot of jobs. If you look at all the data, there are more jobs than people graduating. If you look at multiple sectors, construction, and infrastructure, there are not enough people from Karnataka. Security, we are not getting enough people from Karnataka. Even in IT, we are not getting enough qualified people,” says Mohandas Pai
The Economic Times Paytm Q1 Results: Consolidated loss widens to Rs 839 crore, revenue plunges 36% YoY
One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, compared to Rs 357 crore in the same quarter last year. Revenue for Q1 declined by 36% YoY to Rs 1,502 crore from Rs 2,342 crore in Q1 FY24. Despite this, the company indicated that its revenue and EBITDA, excluding the ESOP loss of Rs 545 crore, met its guidance.
The Economic Times CVC taps Gujarat's Titans for IPL sale; Adani & Torrent get another shot at buying team
Private equity firm CVC Capital Partners is in talks with Adani Group and Torrent Group to sell a controlling stake in the Indian Premier League (IPL) franchise, Gujarat Titans. The three-year-old franchise could be valued at between $1 billion and $1.5 billion. CVC bought the franchise in 2021 for ₹5,625 crore ($745 million at the then-exchange rate).
The Economic Times Adani Ports gets a rating upgrade from ICRA
The company's upgrade follows a Bloomberg report that revealed plans to significantly increase investment in its southern India trans-shipment container port to Rs 100 billion. This ambitious move aims to attract some of the world's largest ships, according to sources familiar with the matter.
The Economic Times Union Budget: Indian startups seek more emphasis on AI
As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startups founders on Thursday said increased investment in policies that simplify doing business and empower startups and emerging technologies, such as responsible AI, is essential for a boost to the sector. As AI continues transforming sectors like healthcare, finance, manufacturing, and education, implementing proactive measures to ensure its responsible development is crucial, they emphasised.
The Economic Times Mittal seeks Indian industry, startups, MSMEs to compete worldwide
The official further said that the capacity building and scaling is a critical aspect which is more relevant for the country's burgeoning telecom sector.
The Economic Times ICAI partners with OpenAI to enhance CA practice with GPT technology
The CAGPT is equipped with data accumulated by ICAI over the past 75 years, enabling it to provide answers to a wide range of questions, both simple and complex.
The Economic Times Godfrey Phillips succession battle: Bina Modi refutes assault allegations by son Samir
Godfrey Phillips director Bina Modi denies assaulting her son Samir during a board meeting. The family dispute between the Modis continues with allegations and counterclaims. Legal proceedings are ongoing as both parties present their sides in court.
