Manufacture Tesla In India First Before Import Duty Relief, Govt Tells Elon Musk

The government has reportedly said that Tesla needs to manufacture electric vehicles in the country before asking for tax concession for its imported carsMusk has said India’s import tax on…

Continue ReadingManufacture Tesla In India First Before Import Duty Relief, Govt Tells Elon Musk

India’s economy has recovered strongly from COVID-19 pandemic, says PM Modi

Prime Minister Narendra Modi on Saturday said India's economy recovered more strongly as compared to the impact it suffered due to the COVID-19 outbreak. He said that when big economies…

Continue ReadingIndia’s economy has recovered strongly from COVID-19 pandemic, says PM Modi

Govt wants Tesla to start production in India first before any tax concession: Sources

The heavy industries ministry has asked US-based electric car major Tesla to first start manufacturing its iconic electric vehicles in India before any tax concessions can be considered, government sources…

Continue ReadingGovt wants Tesla to start production in India first before any tax concession: Sources

[Weekly funding roundup] Venture investments into startups bounce back in the second week of September

Venture funding into Indian startups showed almost a three fold rise in the second week of September, after a below par showing in the comparable previous week.The total venture funding…

Continue Reading[Weekly funding roundup] Venture investments into startups bounce back in the second week of September

Ecommerce Sites Under DoT Scanner For Unauthorised Sale Of Mobile Signal Boosters

The Department of Telecom (DoT) has written to the customs department raising the issue of non-regulatory sales of “mobile signal boosters” and walkie-talkies on ecommerce sitesThe DoT has also served…

Continue ReadingEcommerce Sites Under DoT Scanner For Unauthorised Sale Of Mobile Signal Boosters

[Funding alert] Freight Tiger raises $6.5M led by Florintree Infra, OYO Founder Ritesh Agarwal’s family office

Freight Tiger, a Mumbai-based SaaS startup focused on the freight industry, Saturday said it raised $6.5 million in funding led by Florintree Infra. It also saw participation from Aroa Ventures,…

Continue Reading[Funding alert] Freight Tiger raises $6.5M led by Florintree Infra, OYO Founder Ritesh Agarwal’s family office