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Last activity: 01.07.2020
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Official Page of Press Information Bureau, nodal agency for information on Govt. of India.
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Mentions in press and media 112

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Aug 14, 2019Startup troubles | End of the road for angel tax?The finance ministry has probably hit the last nail into the coffin of the dreaded angel tax. A finance ministry statement on August 10 detailed the simplification of the process of scrutiny assessment of startups has put an end to angel ta...
Jul 31, 2019Alteria Capital raises USD 140 million to become India’s largest venture debt fundMumbai-based Alteria Capital has raised USD 140 million for its maiden venture debt fund this week, making it the largest venture debt player in India, as venture debt financing is budding in the world’s second-largest startup ecosystem by ...
Jul 22, 2019The Indian pharmaceutical industry is in denial over drug-quality chargesKatherine Eban’s new book, “Bottle of Lies,” has focused a very intense spotlight on the mostly ignored transgressions of the Indian generic pharmaceutical industry in the processes they follow — or all too often don’t follow — to make qual...
Jul 11, 2019FDI regulations forcing Flipkart to downscale B2B bizIt is no more a secret that the FDI regulation outlined by the government last year played a spoilsport in Walmart’s plan to use Flipkart to maximum advantage in cross-selling their private brands. Further, the regulations seemed to have it...
Jun 28, 2019Maharashtra has the most number of recognised startups: DPIITAs many as 19,351 startups are recognised under the Startup India Initiative, since 2016. The government had set up a fund of funds infusing ₹100 billion to invest in Indian startups. Maharashtra and Karnataka has the maximum number of reco...
Jun 28, 2019Maharashtra has the most number of recognised startups: DPIITAdvertisement As many as 19,351 startups are recognised under the Startup India Initiative, since 2016. The government had set up a fund of funds infusing ₹100 billion to invest in Indian startups. Maharashtra and Karnataka has the maximum ...
Mar 27, 2019Indian Railways made Rs 21 Cr from Uber, Ola and Meru via parking fee in FY19The ride-hailing apps such as Ola, Uber, and Meru are not only last-mile connectivity providers for people. The new-age cab-service providers have turned into cash cows for Indian Railways. According to Rajen Gohain, minister of state for r...
Mar 8, 2019Cabinet approves Rs 1,000 Cr to set up Atal Labs in 10,000 schoolsTo promote an ecosystem of innovation and entrepreneurship in the country, the Union Cabinet gave a nod to Rs 1,000 crore for a continuation of Atal Innovation Mission (AIM) and set up Atal Tinkering Labs (ATL) in 10,000 schools. AIM runs m...
Mar 1, 2019Cabinet approves Aadhaar ordinance: Now private bodies can use it to authenticate usersIndia Prime Minister Narendra Modi-chaired union cabinet has approved the ordinance to allow voluntary use of the Aadhaar as identity proof for private bodies such as banks and telecom firms. The amendments proposed are the same changes as ...
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