Restaurants’ body writes to government for dual GST structure
Suggests 12% for restaurants that want to claim input tax credit and 5% for others.
RBI Governor Shaktikanta Das, Deputy Viral Acharya split vote on interest rates
Das felt the need to step up economic growth, Acharya feels i...
Govt can fund cash dole-outs with bonds or higher taxes: Report
It said a 6.4 percent increase in direct tax mop up can help offset the incre...
Look where HNIs are parking money amid equity, debt market uncertainty
Besides meeting, ultra-HNIs are also taking an active part in philanthropic activities.
MPC members divided over interest rate cuts, RBI minutes show
On April 4, the RBI had reduced the repo rate by 25 basis points to 6 per cent.
OPIC gives $5 million loan to Grameen Impact via IndusInd Bank
The loan is to be deployed through the bank's Impact Investing division, which will support Grameen Impact's lending to local SMEs.
Private Equity firm TPG plans to raise second social impact fund
Two years later, that social impact fund, called Rise, is now 75 percent invested, having taken stakes in companies ranging from online education startups to an Indian dairy company.
February factory output growth at 0.1%, slowest in 20 months
The data will increase scrutiny of the government’s economic record as it battles perceptions of poor jobs growth amid the ongoing general election.
Country Delight gets $10m equity funding from Matrix, others
The company will use the proceeds to expand operations across the country and add product lines. Currently, Country Delight operates in NCR and Pune through its home subscription model.
SLCM's NBFC arm Kissandhan raises Rs 29 cr via NCDs
The debentures were subscribed by AAV Sarl, an affiliate of global impact investment company Symbiotics Group. .
SLCM’s NBFC arm Kissandhan to raise Rs 29 crore via NCDs
Kissandhan offers financing solutions irrespective of the balance sheet of the borrower just within 24 hours.
Open to suggestions on EV rollout: Niti Aayog Vice-Chairman Rajiv Kumar
The think tank made no proposal, it hopes India to achieve zero emission by 2047, the centenary year of independence.
Entrust Family Office closes two transactions totaling Rs 40 crore
Founded in 2013, Entrust Family Office is a Sebi-registered investment advisory firm provides investment advisory, business advisory, private equity services to clients.
BigBasket's pre-money valuation may reach $1bn, eyes fresh funding
Grocery etailer's pre-money valuation may touch $1 bn with Alibaba’s $50 mn and new investors CDC, Mirae.
Norwest Venture buys into Veritas
Founded in 2015 by D Arulmany, Veritas Finance lends to micro, small and medium enterprises in India. It has a loan book of Rs 496 crore, through 125 branches.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service