Zydus Wellness Ltd’s subsidiary received a GST demand of Rs 56.33 crore from the tax authority related to intellectual property rights acquisition involving Heinz Italia S.P.A. The period in question is before January 30, 2019. The company believes there’s a…
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India household spending on non-food items rises as urban-rural gap narrows. The Household Consumption Expenditure Survey for 2023/24, conducted from August 2023 to July 2024, showed non-food items accounted for about 53% of per capita spending in rural areas, up…
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The Indian smartphone market is poised for significant growth in 2025, with a projected 6 per cent increase (year-on-year) driven by improving consumer sentiment and government initiatives aimed at reducing unemployment, industry experts said on Friday.
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This endeavour will be instrumental in equipping our startups with the best expertise and enormous resources to raise the bar of efficiency while contributing to India’s vision of becoming a hub for world-class manufacturing and entrepreneurship.
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Under the Semicon India Programme, the government approved four semiconductor manufacturing units, attracting investments totaling ₹1,29,537 crore.
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India’s IPO market reached an impressive milestone in 2024, with proceeds doubling to USD 11.2 billion from 2023’s USD 5.5 billion, driven by increased retail participation and domestic inflows. The government’s focus on infrastructure and capital expenditure further contributed to…
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