Venture capital firm Physis Capital has secured Rs 150 crore in commitments for its Rs 400 crore fund. The firm plans to invest in 12-15 Indian startups and expects to reach final close by early 2026. Physis Capital has already…
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Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council meeting. Key agenda items include potential GST exemptions for certain insurance policies and rate reductions on various goods. The…
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Net direct tax collection surged 15.4% to Rs 12.1 lakh crore as of November 10, 2024, after refunds of Rs 2.91 lakh crore. The net direct tax collection was Rs 10.48 lakh previous year. Gross collections reached Rs 15.02 lakh…
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Air India Express is transitioning to an all-economy class configuration for its narrow-body aircraft. Starting in April 2025, the airline will begin reconfiguring planes to remove business class seats. This move aligns with the airline’s focus on connecting smaller cities…
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The new funding will support Wheelocity’s plans to expand operations across 20,000 towns and villages in southern India over the next year, aiming to reach a user base of 10 million.
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IndiGo is seeking to extend its wet lease of two Boeing 777 aircraft from Turkish Airlines beyond the current November 14th deadline. The airline, facing capacity constraints due to grounded aircraft, utilized the wide-body planes to meet surging international travel…
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