India

News and Trends

End of Angel Tax: Investor Community Celebrates as Government Abolishes Controversial Act

Much rejoicing was seen in the startup community and especially among the industry leaders from the 'Funds' side of things, as the Indian Central Government abolished what was known as 'Angel Tax' in a historic budget announcement led by Finance Minister Nirmala Sitharaman.

Technology

Cost Deduction In Space Tech Increases 20% Launch Attempt

India is now home to approximately 140 registered space-tech startups. Its talent pool, young population, and government policies push innovations beyond the Earth

News and Trends

Luxury Swiss 'Watches' India Potential

The Indian watch market is burgeoning with luxury watches, reports Deloitte's 2024 Swiss Watch Industry Insights

News and Trends

On an Expansion Spree: Varun Beverages Strengthens International & Domestic Presence

Varun Beverages Limited is reportedly expanding its production in Zimbabwe and Zambia for PepsiCo

Starting a Business

He Started an 'Accidental' Business at 25 With Just $2,000 — Then Gave His Product to the Pope: 'Anyone Can Be an Entrepreneur'

Michael Aram, founder of the namesake luxury home and jewelry brand, learned the art of metalworking in India — and used it to launch a global brand.

News and Trends

FinTech Records Decline in Funding in First Half of 2024: Tracxn Report

According to a recent report by Traxcn, India's fintech sector recorded a decline in funding activities in 2024. The report named 'Tracxn FinTech Report' states that the sector received funding of USD 795 Million in 2024, marking a decline of 11 per cent and 57 per cent compared to the USD896.7 Million second half of 2023 and USD 1.93 Billion in the first half of 2023 respectively.

News and Trends

India and Middle East Lead in AI Usage and Expertise: Freshworks' Report

Despite privacy concerns, with 54% of Indians using free AI tools like ChatGPT, there's a strong demand for AI expertise among new hires in India and the Middle East.

News and Trends

PMI Rises From 57.5 in May to 58.3 in June: HSBC Report

The HSBC India Manufacturing Purchasing Managers' Index (PMI) for June 2024 indicates a recovery in the Indian manufacturing sector, with the PMI rising from 57.5 in May to 58.3 in June.

News and Trends

India's Mobile Phone Exports Rose by 40%: Report

China and Vietnam saw a decline in mobile exports in FY24 while India's exports surged by 40.5 per cent.

News and Trends

ITC Surpasses Britannia in packaged foods: Nestle leads the pack

Britannia Industries has been surpassed by ITC Ltd, to claim the title of India's second-largest listed packaged foods company in terms of sales and therefore achieving a major milestone as reported by The Economic Times. ITC conglomerate is now second only to Nestle in the domestic market.

News and Trends

National Logistics Day: The Indian Chapter

India's logistics sector stands on the brink of transformation, driven by cutting-edge technologies, advancements, and robust infrastructure development.

Growing a Business

India is the Perfect Location for International Expansion. Here are 5 Things to Consider When Expanding to India

Entering the Indian market brought several discoveries about the business landscape there — some of them unexpected.

News and Trends

Innovation Meets Tradition To Shape India's Agricultural Future

Technology has made headways into the agri sector and the country has been nothing short of innovations and new ideas trying to unlock new methods of food production to meet its growing needs and a burgeoning population.

Noticias

Google despide a 200 empleados y traslada puestos clave a México y la India

La empresa busca reducir costos operativos para invertir más en el desarrollo de la inteligencia artificial.

Growth Strategies

Hari Krishna Exports Founder Savji Dholakia On How Philanthropy Can be Geared Towards Climate Change

A conversation with Padma Shri laureate Savji Dholakia, the founder of the multi-generation family business, Hari Krishna Exports, on increasing access to water in rural India