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Maharashtra Govt Proposes Regulatory Framework For Ride-Hailing Platforms

India, Oct. 11 -- A couple of months after introducing draft rules for bike taxis, the Maharashtra state government has proposed a framework to regulate app-based ride hailing businesses in the state.... Read More


[Update] Bira 91 Looking To Raise $100 Mn For Business Revival

India, Oct. 9 -- Update | October 9, 20:00 IST Bira 91's founder and CEO Ankur Jain told Inc42 that the startup is planning to raise $100 Mn (INR 888.5 Cr). While Jain didn't divulge the timeline for... Read More


Rare Earth Magnet Scheme To Offer INR 7,300 Cr Incentives

India, Oct. 9 -- The expenditure finance committee of the finance ministry has reportedly approved INR 7,300 Cr ($822.3 Mn) incentive scheme aimed at catalysing domestic manufacturing of rare earth ma... Read More


Google To Invest $10 Bn To Establish Data Centre Cluster In Visakhapatnam

India, Oct. 8 -- Alphabet-owned Google is reportedly planning to invest $10 Bn (about INR 88,774.2 Cr) to build a 1 GW capacity data centre cluster across three campuses in Andhra Pradesh's Visakhapat... Read More


Fino Payments Bank Settles Disclosure Lapses Cases With SEBI

India, Oct. 7 -- Fino Payments Bank has settled a case pertaining to alleged disclosure lapses with the Securities Exchange Board of India by paying a settlement amount of INR 5.89 Lakh. The case per... Read More


Fino Payments Bank Settles Disclosure Lapse Cases With SEBI

India, Oct. 7 -- Fino Payments Bank has settled a case pertaining to alleged disclosure lapses with the Securities Exchange Board of India by paying a settlement amount of INR 5.89 Lakh. The case per... Read More


AI Health Companion Startup August AI Nets $3 Mn From Accel, Claypond

India, Oct. 7 -- AI-based healthtech startup August AI announced the raise of $3 Mn (INR 26.6 Cr) in its seed funding round from Accel and Claypond Capital, which is the family office of Manipal group... Read More


Nykaa Expects Mid-Twenties Revenue Growth In Q2 FY26

India, Oct. 6 -- Beauty and fashion ecommerce major Nykaa expects its revenue growth to be in mid-twenties in the second quarter of FY26, as both its verticals saw strong growth. In its quarterly bus... Read More


Aequs DRHP: Shareholding Structure & Leadership Breakdown

India, Oct. 4 -- After getting SEBI's nod for its confidential DRHP, contract manufacturer Aequs filed an updated DRHP for its IPO earlier this week. The company's public issue will comprise issuance ... Read More


Real Money Gaming Ban: Key Highlights Of Draft Rules Released By MeitY

India, Oct. 3 -- The Ministry of Electronics and Information Technology (MeitY) has released the draft rules for the 'Promotion and Regulation of Online Gaming Act, 2025' (PROG Act) which bans real mo... Read More