“Government Investigates 642 Overseas Gaming And Gambling Platforms For Tax Evasion”
Minister of State Pankaj Chaudhary recently announced the identification of 642 offshore entities involved in offering online money gaming, betting, and gambling platforms suspected of potential tax evasion. The investigation aims to address significant revenue losses caused by these platforms. Minister Of State Pankaj Chaudhary The Minister further stated that the Ministry of Electronics and […]
“CureFit Fiscal Year 24 Loss Surges By 42% To INR 889 Crore”
Zomato-backed fitness startup CureFit reported a consolidated net loss of INR 888.5 crore for the financial year ending March 2024, marking a 42% increase from INR 625.5 crore in the previous fiscal year. The rise in losses is attributed to higher cash burn despite significant revenue growth. CureFit Big News CureFit’s operational revenue surged by […]
“CCI Approves KKR Stake Acquisition In Rebel Foods Company “
CCI Approves KKR’s Investment Proposal in Rebel Foods. The Competition Commission of India (CCI) has approved the proposal by private equity giant KKR to acquire a stake in Rebel Foods, a leading cloud kitchen unicorn. As per the CCI, KKR’s subsidiary, Royce Asia Holdings, will acquire shares and compulsorily convertible preference shares (CCPS) of Rebel […]
“Google Appoints Preeti Lobana As India Head”
Google, the world’s leading search engine, has always been at the forefront of innovation and leadership. Founded on September 4, 1998, by Larry Page and Sergey Brin, the company has grown to dominate the internet search industry globally. Over the years, Google has consistently set benchmarks for technology, services, and management practices. Preeti Lobana News […]
“Zingbus Company to Raise ₹59 Crore Through Preferential Issue”
Intercity mobility startup Zingbus has made headlines with its latest fundraising efforts. The company is set to raise ₹59.04 crore through a preferential issue of equity shares, backed by BP Technology Ventures, IE Ventures, and other investors. This strategic move highlights Zingbus’s commitment to expanding its operations and strengthening its market presence in the growing […]
iCubesWire Appoints Former Reliance Digital Executive As Chief Revenue Officer
Founded in 2010 by Sahil Chopra, iCubesWire has established itself as India’s leading digital marketing solutions company. Over the years, it has gained recognition for its innovative strategies, cutting-edge technologies, and a client-centric approach that has set it apart in the highly competitive digital marketing landscape. New CRO News In a significant development, iCubesWire has […]