ASHISH GULATI
NCLT declares Videocon’s Venugopal Dhoot bankrupt in SBI’s Rs 12,668 cr claim
The NCLT has declared former Videocon chairman Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans extended to the group. The order follows the rejection of his Rs 600 crore repayment proposal, backed by a proposed Siliguri real estate project, against total admitted dues of Rs 12,668 crore.
Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT Delhi
Constructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man wins case in ITAT Delhi; Know how. This Paschim Vihar property was purchased on July 20, 2005 for Rs 6.48 lakh (including stamp duty).
Quick beauty service platform Dazzl raises $3.2 million, led by Stellaris
On-demand beauty and wellness services platform Dazzl has raised $3.2 million in a round led by Stellaris Venture Partners.Angel investors Ritesh Agarwal, founder and CEO of Prism (formerly Oyo); Maninder Gulati, former Oyo CXO; Abhinav Sinha, founder of Kluisz AI; Sameer Brij Verma, founder of Northpoint Capital; and Abhishek Bansal, CEO and cofounder of Shadowfax, also participated in the round.
Forbes Top 100 Digital Stars 2024: From Nancy Tyagi to Kusha Kapila, check India's top 100 influencers list
Forbes India has announced the Top 100 Digital Stars 2024 list, with Nancy Tyagi leading for her fashion and lifestyle content. The list celebrates digital creators excelling in various fields. Sakshi Keswani and Danny Pandit follow in second and third places respectively. The list shows the growing impact of digital platforms in shaping modern stardom.
All you need to know about Homesfy Realty's SME IPO
The IPO of Homesfy.in will begin on Wednesday, December 21, 2022 and end on December 23, 2022.
Startup Homesfy Realty raises $1.1 million from investors; files draft paper to launch IPO
Mumbai-based Homesfy Realty Ltd is engaged in providing real estate broking services to real estate developers, retail buyers/sellers and investors for residential and commercial space. It has an operational presence in Pune, Bengaluru, and Delhi-NCR as well. The company runs two platforms Homesfy.in and MyMagnet.io.
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Homesfy.in, raises $1.1 million from marquee investors led by Girish Gulati, ahead of planned SME IPO
The proceeds from the proposed offering will be used by the company for its working capital requirements, General corporate purpose, and organic growth, the firm said in a statement.
Amitabh Bachchan and Rashmika Mandanna’s Goodbye ready for OTT release in December: Know more
Amitabh Bachchan's "Goodbye," released in theatres two months ago, is all set to stream on Netflix. The movie’s OTT release is scheduled for 2nd December 2022.
ET Startup Awards 2022: Nominees for Best on Campus
The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise. There must be some level of validation either through an investor or a customer.
Big B fans get a birthday treat: 'Goodbye' ticket prices slashed to Rs 80
The special pricing was introduced to honour the thespian's rich legacy.
Global investors of gaming companies mail FM for status quo on GST
Over the past few years, there has been an ongoing debate on whether taxes should be applicable on the total transaction value or the net commissions (revenues) or what is called GGR that accrue to these gaming firms.
Chris Sacca’s Lowercarbon, Good Capital back India’s SolarSquare in $4 million funding round
SolarSquare plans to utilise the fresh capital to expand its presence in India and to build technology.
B2C solar products startup SolarSquare raises $4 million in funding led by Good Capital
US-based Lowercarbon Capital, Singapore-based Symphony Asia, and Zerodha co-founder Nithin Kamath’s Rainmatter also participated in the funding round.
Lio raises Rs 37 cr from Sequoia Capital India, Lightspeed India
The company plans to use the investment primarily to expand its engineering team and increase the number of users of the mobile application
Car bodyshop Fixcraft raises $1 million for expansion, hiring personnel
Founded in October 2018 by Vivek Sharma, Abhishek Goyal and Inderjeet Rao, FixCraft provides end-to-end car-repair services—from picking up the vehicle from a customer’s location to filing insurance claims, if any, in case of an accident.
Sebi rejigs advisory committee on mutual funds
The Securities and Exchange Board of India (Sebi) has revamped its committee that advises the capital markets regulator on matters related to regulation and development of mutual fund industry.
Covid-19 impact: 8-10% auto dealers face closure
There are currently about 15,000 auto dealerships (includes 2,3 and 4 wheelers) across India. It is expected that there will be closures of at least 8-10% of these dealerships in the next six months. A year back, around 275 plus dealerships were forced to shut shop citing unviability of the business when a slowdown choked sales.
Ex-champion, Sameer Gulati claims TechGig Code Gladiators 2019 too!
History would remember TechGig Code Gladiators 2019 as that crucial coding event where an ex-champion and a defending champion came face to face to claim the...
A starry affair! Ten BKC plays host to Mumbai's A-list
Actor Satish Shah, Anup Jalota, Suchitra Krishnamoorthi were among the guests at the event.
Chivas Alchemy: Raising a toast to the senses
Five alchemists redefined the art of storytelling through touch, taste, sight, sound and smell.
Cloud-based startup DJUBO launches hotel reputation management tool STARSIGHT
STARSIGHT has the ability to analyse top 'Burning issues' for every property and 'Commendable areas'.
ibibo picks minority stake in hotel solution firm Djubo
Post the share acquisition, ibibo Group Chief Executive Ashish Kashyap will join Djubo's board, the company said in a statement today.
Ibibo Group buys minority stake in cloud-based hotel services Djubo
The company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.
Appraisals are a quarterly affair at startups as talent jumps ship
The competitive, high-growth environment they operate in,has necessitated performance reviews two to four times a year and in some cases.
Telit Wireless Solutions aims to ship four lakh machine-to-machine modules in 2015
Telit is also working with Indian govt agencies in the areas of telematics (the integration of computers and wireless telecommunication technology) and energy.
National Food Security Bill to lead to massive PDS reforms, says KV Thomas
National Food Security Bill will lead to massive PDS reforms including doorstep delivery of food grains, end-to-end computerisation, leveraging "aadhaar", etc.
More non-farm jobs must for securing farmers' income: Government
There is a need to create more non -farm opportunities to facilitate farmers' migration to those jobs so as to ensure income security.
Government for crop diversification in Punjab to save soil, water
Growing alternative crops such as maize, mustard and cotton is expected to reduce water consumption and help revive the water table in Punjab, which is sinking by 33 cm every year.
Poor rains: Food grains production may drop by 15 million tonnes
The maximum damage is likely to be on coarse grains as areas growing bajra, sorghum, maize and ragi are witnessing heavy rainfall deficit.
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