Buyer App Launched by L&T-SuFin
L&T-SuFin, India’s leading digital B2B marketplace for industrial and construction products and services, has launched the L&T-SuFin Buyer App, a convenient and efficient solution for businesses to source their industrial supplies. L&T-SuFin Buyer App: A Digital Platform for Industrial Supplies L&T-SuFin, India’s leading integrated digital B2B marketplace for industrial and construction products and services, has […]
Keus Smart Home Secures Rs 100 Cr Funding from OAKS
Keus, a leading smart home automation company in India, has announced that it has raised Rs 100 crore in a Series A funding round led by OAKS, a venture capital firm focused on consumer internet and technology sectors. The Hyderabad-based startup, which was founded in 2018, offers a range of wireless home automation solutions that […]
Lok Sabha to Approve Extra Rs 78,673 Cr Govt Spending
The Lok Sabha is expected to approve an extra spending of Rs 78,673 crore for the current fiscal year (FY24), as part of the second and final batch of supplementary demands for grants. The additional expenditure will be mainly used for the rural employment scheme MGNREGA, fertiliser subsidy, food and public distribution, and petroleum and […]
CBDT to Send Notices to Taxpayers for Not Filing ITRs: Are You on the List?
The Central Board of Direct Taxes (CBDT) has announced that it will send notices to some taxpayers who have not filed their income tax returns (ITRs) despite having tax deducted at source (TDS) on their incomes. According to CBDT chairman Nitin Gupta, there are about 15 million such taxpayers in India. The department will send […]
Kerala Budget: Higher Rubber Price, ₹1,698 Cr for Agriculture
Kerala Finance Minister K N Balagopal on Monday presented the state budget for the financial year 2024-25 in the assembly, announcing several measures to boost the agriculture sector, which has been hit hard by the pandemic and natural calamities. He allocated ₹1,698.30 crore for the traditional agricultural sector and increased the minimum support price for […]
L&T Secures Onshore Project from IndianOil Adani Ventures
Larsen & Toubro (L&T) has bagged a large onshore project from IndianOil Adani Ventures Ltd (IOAVL) for its hydrocarbon business. The project involves engineering, procurement, construction, and commissioning of offsite tankages, bullets and other associated facilities on lump sum turnkey basis. L&T’s Hydrocarbon Business L&T’s hydrocarbon business, also known as L&T Energy Hydrocarbon (LTEH), offers […]
UP’s Rs 7.36 Lakh Cr Budget for FY25 Presented by Suresh Khanna
Uttar Pradesh Finance Minister Suresh Kumar Khanna presented the state budget for the financial year 2024-2025 in the assembly on Monday, February 5, 2024. The budget, which is the last one before the state goes to polls in 2025, has a size of Rs 7.36 lakh crore, an increase of 6.6% from the previous year. […]
Tata and Pegatron Discuss iPhone Assembly in Tamil Nadu
Tata Group, one of India’s largest conglomerates, is in advanced talks with Taiwan’s Pegatron, one of Apple’s contract manufacturers, to form a partnership for the iPhone assembly plant that Tata is building in the southern state of Tamil Nadu, according to two sources with direct knowledge of the matter. Background Tata is building the iPhone […]
Ericsson and IIT Kharagpur: A Partnership for AI Research
Ericsson, a leading global provider of communication and information technology solutions, and Indian Institute of Technology Kharagpur (IIT Kharagpur), one of the premier engineering institutes in India, have partnered for a joint research in the field of artificial intelligence (AI), compute and radio technologies. The aim of this partnership is to develop novel AI and […]
Cipla Targets Acquisitions, Partnerships in US Market
Cipla, one of the leading pharmaceutical companies in India, is looking for opportunities to expand its presence in the US market through acquisitions and inorganic partnerships. The company is also focusing on improving its top line growth in Europe and margin expansion in South Africa. The US market is a key strategic area for Cipla, […]