Shark Tank India: Anupam Mittal Slams Cushion Startup Over Branding Issues, Ritesh Agarwal Strikes Deal
The latest episode of Shark Tank India Season 4 turned heated when the founders of Trajectory-a Delhi-based cushion brand, faced tough scrutiny from the investors. Seeking ₹1 crore for a 2% equity stake, they valued their company at ₹50 crore, but their pitch quickly sparked criticism—especially from Anupam Mittal, who questioned their brand’s uniqueness in […]
Tesla Begins Hiring in India: A Big Step Toward Its Market Entry
Mumbai | Tesla, the world’s most famous electric vehicle (EV) company, is finally making a strong move into India’s automotive market. The company has started hiring for various roles across engineering, manufacturing, business operations, and design, signaling its serious intent to set up operations in the country. This hiring spree comes after Elon Musk’s meeting […]
Infosys Announces Salary Hikes: Top Performers Get Up to 20% Raise
Infosys has rolled out salary hikes for its employees, rewarding them based on their performance. While most employees received an increase between 5% and 8%, top performers secured raises of up to 20%. However, some employees had expected higher increments, leading to mixed reactions within the company. Who Gets What? Salary Hike Breakdown Infosys categorized […]
India to Continue Cutting Import Duties: Nirmala Sitharaman
New Delhi l In a move aimed at boosting India’s global trade relations, Finance Minister Nirmala Sitharaman assured that the country will continue its efforts to reduce and rationalize import duties. This decision is part of India’s broader strategy to create a more investor-friendly environment. Speaking at a press conference after a post-budget interaction with […]
New ₹50 Notes with RBI Governor Sanjay Malhotra’s Signature Set to Roll Out – What’s Special About It?
A brand-new ₹50 note is set to enter your wallets soon, and while it may look the same as before, there’s a fresh twist – it will now carry the signature of Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI). The RBI has confirmed that these new ₹50 notes will […]
RBI Approves Temasek’s Zulia Investments to Increase Stake in AU Small Finance Bank
Mumbai | India’s central bank, the Reserve Bank of India (RBI), has granted approval to Zulia Investments Pte. Ltd., a subsidiary of Singapore’s state-owned investment firm Temasek Holdings, to increase its stake in AU Small Finance Bank Limited up to 7%. A Major Investment Move Zulia Investments currently holds a 1.37% stake in AU Small […]
Big Investment: U.S. Chip Company Lam Research to Spend ₹10,000 Crore in India
Bengaluru | U.S. technology company Lam Research is investing over ₹10,000 crore ($1.2 billion) in Karnataka, India. This is a big step in India’s plan to make more computer chips and become less dependent on imports. What is Lam Research Doing? 🔹 The company makes special machines used in chip production.🔹 It will set up […]
Rupee’s Worst Fall Yet: Hits Record 87.94 as Market Worries Grow
Mumbai The Indian rupee slipped further against the US dollar, hitting a record low of 87.94 in early trade today, weakening by 44 paise. This decline broke last week’s record low of 87.58, reflecting the impact of global economic uncertainty and new trade tensions. The rupee was last trading at 87.93, down 0.6% for the […]
Budget 2025: The Middle Class, Bihar, and the Farmers – A Political Calculation
A budget is never just about numbers. It also sets priorities. It reflects the government’s plans, the concerns of citizens, and the upcoming elections. The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, does not just allocate money—it also sends political messages. Three key groups emerge as the focus of this budget: the farmers, […]
Budget 2025: Can Retail Investors Finally Get a Break on STT, LTCG, and STCG?
The Union Budget is always a moment of reckoning for investors, and 2025 is no exception. As Finance Minister Nirmala Sitharaman prepares to announce the fiscal plan, retail investors are pinning their hopes on much-needed relief from Securities Transaction Tax (STT), Long-Term Capital Gains (LTCG) tax, and Short-Term Capital Gains (STCG) tax. With a growing […]