October 21, 2017
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PayPal Co-Founder Raises Fund From Clear Tax

Clear Tax, an Indian tax filling platform announced its investment from PayPal Co-Founder worth $1.3 millions. The event took place on Tuesday amid attending more than 10 Silicon Valley investors such as Max Levchin, Scott and Cyan Banister, Ruchi Sanghvi, Vice President of Drop-Box and Neeraj Arora, Business Head, WhatsApp. The respective raised fund will help in increasing the business …

Ujjivan To Open Initial Public Offering For 885 crores INR

Ujjivan Financial Services is a micro finance lender which will open its shares in capital market for Initial Public Offering worth 885 crores INR. In the category of micro money lender this is the second firm. Before that another micro finance player Equitas Holdings came out with its initial public offering. The company has been approved of converting it into …

Co-Founder of Infosys Invests In Indian Railway App

Co-founder of Infosys Nandan Nilekani has invested certain amount in India’s first Railway app RailYatri.in The amount has not been disclosed yet. The railway app will help thousands of commuters to keep a track on timings, arrival, departure, delays, stations, stoppages, and many more. Apart from Infosys founder, other firms too participated in venture capitalization. These included former UIDAI Chairman, …

Raghuram Rajan’s Expert Advice To Entrepreneurs, Bureaucrats and Start Ups

Reserve Bank of India’s Governor Raghuram Rajan always comes in pages for different purposes and this time  it is for whole new reason. The piece of advice given to netas, babus, business men, and many more. In recent event of delivering speech in YB Chavan Memorial Lecture at Mantralaya, he asked, adviced, amazed and attended with full integrity. Rajan spoke about …

UltraTech Cement Shows High Rise In Q4

India’s leading cement company , UltraTech Cement which recently acquired cement giant Jai Prakash Associates Limited for a whopping 16,000 crores INR saw a high rise in its fourth quarter of Financial Year end. The company reported it as a higher capacity utilization of 84% ending up at 722.56 crores INR net profit. Although the company faced a slowdown in …

Thyrocare Technologies To Open IPO For 480 Crores INR

India’s one of the largest diagnostic laboratories chain centers, Thyrocare Technology is opting for Initial Public Offering through 480 crores INR which will be raised at share market. The total number of equity shares 10,744,708 will be sold at Rs. 10 each for cash, amounting the complete in hundred of crores. The opening would take place on April 27, 2016 …

Mahindra & Mahindra Joins ‘EP100’ Campaign

Mahindra & Mahindra has signed a petition regarding ‘EP100’ becoming the first Indian company to join the global energy campaign. The campaign is led by an international non profit organisation’ The Climate Change’ which will help in increasing the global energy productivity working along with world’s most influential businesses. According to Executive Director of M&M, Pawan Goenka, Sustainability is an integral …

Country In Need Of $1 Trillion Investment For Energy Sector

In an recent event, Union Minister of Coal, Power, New and Renewable Energy, Piyush Goyal attended a conference where he said that the Country is in need of approximately $1 trillion of investment in sector like this. It will eventually help the public come out of poverty being an unparalleled anywhere in the world deal with the United Nation’s. India …

Government Tries To Convince Opposition For GST Bill

Goods and Service Tax (GST) being the top most urgency for the central government emphasized that all measures are taken care of to convince the opposition so that GST Bill could move ahead in the second part of Budget session starting from April 25. Union Minister M Venkaiah Naidu said , “We have almost completed discussion with majority of the …

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