In a thrilling episode of Shark Tank India 4, two young entrepreneurs presented their innovative startup, Solnce, which offers India’s first one-stop solar app. The platform provides consumers with a comprehensive solution to understand solar requirements, compare products and prices, and install them. The founders sought an investment of Rs 1 crore in exchange for…
The Adani Group, led by billionaire Gautam Adani, has released its Tax Transparency Reports for the fiscal year 2023-2024 (April 2023 to March 2024). According to the release, the group paid Rs 58,104 crore in taxes for the fiscal year 2023-24, a significant increase from Rs 46,610 crore in the previous financial year. The taxes…
Tata Motors Ltd has witnessed the departure of several senior executives as the company restructures its operations, separating its car and truck manufacturing divisions to enhance competitiveness in each segment and maximize value. According to reports, at least half a dozen exits have taken place since August, all in the ranks of team heads or…
Professor Muhammad Yunus, Chief Adviser of Bangladesh’s interim government, has extended an invitation to SpaceX CEO Elon Musk to visit Dhaka and launch the Starlink satellite service in the country. The invitation comes as part of an initiative to bring advanced technology to Bangladesh and improve connectivity for its citizens. In a letter addressed to…
Zerodha CEO Nithin Kamath has responded to national badminton coach Pullela Gopichand’s recent statement that children should only pursue sports if they come from wealthy backgrounds. Kamath, in a social media post on X, argued that today’s sports enthusiasts have more career opportunities than before, challenging Gopichand’s viewpoint. Kamath compared the challenges faced by young…
In a recent episode of Shark Tank India Season 4, three enterprising founders – Ajith Sunny, Ranjit Kumar Behra, and Prince Jacob Thomas – pitched their sports brand Metashot, leaving the Sharks with varied opinions and a dash of humor. As the trio introduced their innovative cricket gaming company, Anupam Mittal couldn’t help but draw…
The Adani Group has reaffirmed its financial strength and resilience by reporting record-breaking earnings and robust liquidity, thereby solidifying its status as a leader in India’s infrastructure sector. *Record-Breaking EBITDA Growth* For the twelve months ending December 2024, Adani Group achieved a record-high trailing EBITDA of ₹86,789 crore, marking a 10.1% year-on-year increase. The December…
In a significant move aimed at providing relief to borrowers, the Reserve Bank of India (RBI) has issued draft guidelines proposing the elimination of foreclosure charges and prepayment penalties on floating rate loans. The central bank has invited public feedback on these draft rules, with the deadline set for March 21, 2025. Once finalised, the…
A new book has unveiled surprising and controversial details about the rift between the late Ratan Tata, Chairman Emeritus of Tata Group, and his former successor, Cyrus Mistry. The book, Ratan Tata: A Life, authored by Thomas Mathew, sheds light on the issues that led to Mistry’s exit from the Tata Group. *Ratan Tata’s Regret*…
In a significant move, former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as ‘Principal Secretary-2’ to Prime Minister Narendra Modi. The Appointments Committee of the Cabinet (ACC) approved his selection, and the Department of Personnel and Training (DoPT) issued the official order on Saturday, February 22. This appointment marks the first…
