Faced with a sharp decline in GST collections due lockdown and disruptions in economic activities across the country, the government is looking at paying GST compensation to states using a portion of its borrowings and repaying it by collecting cess in the sixth or further subsequent years. ...
Bike-taxi service provider Rapido on Wednesday said it has resumed normal operations in 39 cities across 11 states, following the new guidelines announced by the government for lockdown 4.0....
Bengaluru-headquartered Khatabook, an app which helps micro, small and medium-sized businesses track business transactions online, has closed a $60 million (approximately Rs 454 crore) Series B round of funding led by B Capital Group. ...
The Covid-hit Indian tablet market saw 24 per cent (quarter-on-quarter) decline in the March quarter owing to supply chain challenges in China and muted domestic demand owing to lockdown, a new report said on Wednesday....
An Indian firms paid over Rs 8 crore ransom on average to mitigate the impact of ransomware on its operations and overall, 82 per cent Indian firms were hit by ransomware in the past 12 months, a 15 per cent increase from 2017, a new report said on Tuesday. ...
The COVID-19 battered airline industry has started accepting ticket bookings for the travel period starting June 1, sources said on Tuesday. ...
Union Railway and Commerce Minister Piyush Goyal on Tuesday said that the Indian Railways has transported over 20 lakh stranded migrant workers through the 1,565 Shramik Special trains since May 1....
Joining arch rival Zomato, food delivery platform Swiggy on Monday announced to lay off 1,100 employees, nearly 14 per cent of its workforce, spanning across grades and functions in the cities and head office over the next few days as Covid-19 continues to hurt its business across verticals. ...
Alibaba Co-founder Jack ma has stepped down from the board of Japanese conglomerate SoftBank Group after serving it for nearly 13 years, the company announced on Monday....
The Central Marine Fisheries Research Institute (CMFRI) here on Monday said that priority should be given to boost infrastructure for fisheries while utilising a financial package of Rs 20,000 crore announced by the Centre under the ongoing Matsya Samapada Yojana. ...
