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The changes in the GST rates on some categories of automobiles will help to bring down prices and make them more affordable, helping the floundering sector find its feet.

GoI may tweak GST rates to bring down car prices

27 Aug 2021

5 min read

As many as 16 Merchant bankers are in a race to manage the much-awaited mega IPO of Life Insurance Corporation of India this year. The LIC IPO is a much anticipated and mega listing for FY 2020-21, and is a push forward towards the Indian government’s disinvestment plan.

India government moves ahead with LIC IPO plans

25 Aug 2021

4 min read

Time to reenergise investments. Workers dismantle old computers and electronics at an electronic waste recycling factory in Bengaluru, India. The rising flow of funds is buoying up valuations in the Indian start-up universe. This year, an estimated 25 start-ups attained unicorn status (valuation of $1 billion) compared to 12 such cases last year.

China’s loss is proving to be India’s gain

24 Aug 2021

5 min read

Reserve Bank of India (RBI) Governor Shaktikanta Das addresses the media. The proposed National Asset Reconstruction Company Ltd (NARCL), capitalised at $800 million, is likely to begin operation within two months. It will help lenders recover as much of the outstanding loans to delinquent borrowers as possible.

GoI takes a big swipe at the bad loan problem

23 Aug 2021

5 min read

Ola CEO Bhavish Agarwal with the Ola cab. Within five days of launching his e-scooters, he announced the launch of electric four-wheelers by 2023.

Ola launches e-scooters, India a step closer to becoming global EV hub

22 Aug 2021

4 min read

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