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In FY21 67% of MSMEs were Closed Down Temporarily, and Half Lost 25% Of Their Revenue as a Result of the Pandemic

In FY21 67% of MSMEs were Closed Down Temporarily, and Half Lost 25% Of Their Revenue as a Result of the Pandemic

According to a survey of 1,029 firms conducted by the Small Industries Development Bank of India (SIDBI), two-thirds of Micro, Small and Medium Enterprises (67%) in India were temporarily closed for three months or more in FY21, and more than half...

What Can A Data Room Provider Offer?

What Can A Data Room Provider Offer?

Virtual data room providers have changed today’s business transaction processes. Nowadays, most businesses prefer virtual data rooms to traditional data rooms for various reasons. Therefore, what can you expect from a data room provider?...

Adani Group Establishes a New Subsidiary to Build a Data Centre

Adani Group Establishes a New Subsidiary to Build a Data Centre

Adani Group has formed a new subsidiary to establish a data centre in Mumbai. According to reports, it is one of the half-dozen cities picked by the consortium to initially establish data centres. "We would like to inform that on February...

Tata Power in Discussions to Raise $600-700 Million for its Renewable Energy Operations

Tata Power in Discussions to Raise $600-700 Million for its Renewable Energy Operations

Tata Power is in preliminary talks with investors, including the Canadian Pension Plan Investment Board (CPPIB), Singaporean sovereign fund Temasek Holdings, and private equity firm General Atlantic, to raise $600-700 million (Rs 4478 crore - 5225...

Centre set to exceed ₹11.08 lakh crore direct tax collections, states CBDT chief

Centre set to exceed ₹11.08 lakh crore direct tax collections, states CBDT chief

The Centre's direct tax collection is set to be exceeding the target of ₹11.08 lakh crores set for the financial year. “We had collected ₹10.43 lakh crores so far in the financial year. The budget estimate...

Defective Medical Devices And Equipment: 5 Options To Consider

Defective Medical Devices And Equipment: 5 Options To Consider

Medical devices and equipment are substitutes to already existing treatment options in the healthcare industry. They work together with caregivers to ensure safety while improving your health status. You have fair chances of regaining...

Liability For Defective Drugs: 3 Things To Know

Liability For Defective Drugs: 3 Things To Know

Generally speaking, people trust doctors and other healthcare professionals to provide them with over-the-counter medications and prescription drugs to help them stay healthy. Unfortunately, there are instances in which these medications don't...

Tax on income doesn’t make crypto legal: states CBDT chairman

Tax on income doesn’t make crypto legal: states CBDT chairman

The Budget proposal to levy 30 percent tax on the income from virtual digital assets, including cryptocurrencies must not be construed as the government’s regulatory approval to them, the Central Board of Direct Taxes chairman J.B. Mohapatra...

Allocation Of Rs 19,500 Crore Added Under PLI Scheme Added For the Solar Module

Allocation Of Rs 19,500 Crore Added Under PLI Scheme Added For the Solar Module

Finance Minister Nirmala Sitharaman said Rs 19,500 crore additional allocation under the PLI scheme for the manufacturing high efficiency solar modules has been made. This is Presented in the Union Budget 2022-23, she said financial support will...

Budget 2022-23: Crypto Segment celebrates breakthrough moment, but 30 percent tax a concern

Budget 2022-23: Crypto Segment celebrates breakthrough moment, but 30 percent tax a concern

In a breakthrough moment for the crypto industry in India, the Union Finance Minister Nirmala Sitharaman has said in her budget speech on Tuesday that the income from crypto trading would be taxed at 30%. Though her announcement doesn’t make...

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