CAIT white paper: Quick commerce players like Blinkit, Instamart, Zepto misusing FDI rules, crushing kiranas CAIT said that instead of using FDI to build assets, quick commerce players are funding deep discounts and covering operating… 10 months ago
Can startups, ineligible for Startup India programme, register for new Bhaskar scheme? Currently, over 1.5 lakh startups registered under DPIIT’s Startup India programme can join the BHASKAR initiative using their Startup India… 10 months ago
Data sharing startup Equal raises $10M from Prosus, Nikhil Kamath, Binny Bansal, Kunal Shah, others Founded by Keshav Reddy and Rajeev Ranjan, Equal helps businesses streamline KYC, fraud prevention, and regulatory compliance through integration with… 10 months ago
Amazon India’s marketplace arm narrows losses by 28% in FY24; revenue jumps 14% The total expenses increased by 6.5 per cent to Rs 29,062 crore in FY24 from Rs 27,283 crore in FY23… 10 months ago
Page Industries Q2 profit up 30 pc to Rs 195.2 cr; revenue up 11 pc at Rs 1,246.3 cr The company had posted a net profit of Rs 150.27 crore during the July-September period a year ago, according to… 11 months ago
TReDS: Govt reduces turnover threshold to Rs 250 cr to get more companies on invoice discounting platform “The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry… 11 months ago
Flipkart’s logistics arm Ekart posts 5x jump in losses, 5% revenue drop in FY24 The company’s total expenses also increased to Rs 14,149 crore in FY24 from Rs 13,325 crore in FY23. 11 months ago
What is govt’s Procurement and Marketing Support scheme for MSMEs? Check benefits The scheme gives preference to first-time participants and units from remote locations such as from aspirational districts and also from… 11 months ago
Lenskart trims losses by 84%, revenue jumps 43% in FY24 Earnings before interest, tax, depreciation and amortisation increased to Rs 856 crore from Rs 403 crore. However, expenses also increased… 11 months ago
CAIT: 48 lakh weddings to generate Rs 6 lakh crore business this wedding season Delhi alone expected to see Rs 1.5 lakh crore business across 4.5 lakh weddings this year. 11 months ago
Six water and sanitation startups win Rs 25 lakh each at sustainability summit One of the other winners of the startup battle is an18-year-old first year student of Computer Science and Data Analytics… 11 months ago
Meesho says it is first e-commerce company with positive cash flow in FY24 E-commerce company Meesho on Wednesday reported in FY24 results with operating cash flow turning positive to Rs 232 crore from… 11 months ago
Rs 1.25 lakh crore loss to China expected this festive season: CAIT CAIT Secretary General Praveen Khandelwal said in a statement that a decline in Diwali-related Chinese product sales is expected to… 11 months ago
Amazon India’s wholesale business sees flat revenue growth, net loss narrows by 44% in FY24 The company’s total expenses excluding depreciation declined from Rs 4,221 crore in FY23 to Rs 3,958 crore in FY24. 11 months ago
C-295 aircraft facility will provide immense opportunities for MSMEs: PM Modi The new facility is the first private sector Final Assembly Line (FAL) for military aircraft in India which would involve… 11 months ago
GeM inks MoU with Sikkim govt to get state departments on public procurement portal Currently, 3,078 Sikkim-based sellers are on the GeM portal, of which 2,720 sellers are registered as micro sellers. 11 months ago
CAIT: Rs 22,000 crore business expected this Karwa Chauth The traditional festival is celebrated predominantly by married women in northern and western parts of India and falls on the… 11 months ago
IITF Trade Fair 2024: Check online stall booking process, price, timing, more for traders, exhibitors Held since 1980, the fair is one of the most significant and longstanding trade fairs in India helping traders and… 11 months ago
‘People doubted India’s ability to thrive in…’: PM Modi reflects on Startup India’s achievements; assures policy support
