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FIRSTCRY TAX CASE
Urban Company turns profitable; GlobalBees faces insolvencyIPO-bound at-home services company Urban Company turned profitable in FY25. This and more in today’s ETtech Top 5.- Paytm shares gain over 1% after Supreme Court stays Rs 5,712-crore GST notice against First GamesPaytm shares: The interim relief granted to Paytm’s gaming arm, First Games, is part of a wider legal challenge to GST demands on real-mone...
- Swiggy’s stock slump; SoftBank’s first profit in 4 yearsSwiggy shares are in for a volatile run on the bourses as the lock-in period for pre-IPO investors expired on Monday. This and more in toda...
- Amid high volatility, here's the bull case for Indian stocksThe new year markets have shown high volatility due to factors like potential US tariffs, HMPV, Chinese economy concerns, and geopolitical ...
- Amid high volatility and global risks, there's a bull case for Indian stocksMarket volatility surged amid geopolitical, inflation, and growth fears. Despite short-term risks, Morgan Stanley predicts India's Sensex c...
- SoftBank’s Alex Clavel interview; Nvidia’s India chipHappy Tuesday! Alex Clavel, the top boss at SoftBank Vision Fund, spoke to ETtech in an exclusive interview. This and other updates in toda...
- New-age IPOs hit D-Street; and other top tech, startup stories this weekWelcome to a brand new edition of our weekend newsletter – ETtech Unwrapped. This week, it was raining IPOs on Dalal Street, with new-age c...
- Byju’s-BCCI settlement done; Delhivery back in blackThe appellate tribunal’s nod for Byju’s settlement with the BCCI will help the embattled edtech firm stave off insolvency proceedings for n...
- LTCG tax parity may bring more family offices to the startuplandThe budget proposal to bring parity on long-term capital gains (LTCG) tax across all financial assets and abolish the angel tax will lead t...
- VCs in reset mode amid exit pressure; and other top tech & startup stories this weekWhile VCs haven’t really been busy closing deals over the past year or so, their performance has surely come under increased scrutiny as li...
- Promoter tag for Prosus in Swiggy IPO; SaaS play for revenue-linked financiersSwiggy's largest investor Prosus is likely to be tagged a promoter in the company as plans for trimming stake ahead of an IPO haven’t mater...
- Meesho’s early backers eye new secondaries at $3-3.5 billion valuationNorwest Venture Partners, WestBridge Capital are among entities said to be in talks to pick up stake in ecommerce firm Meesho. The developm...
- Big blow for Gameskraft in Rs 21,000 crore GST evasion case; RBI wants fintechs to self-regulateIn a setback for online gaming firm Gameskraft, the Supreme Court has overturned the Karnataka High Court's order that quashed a GST notice...
- Byju’s restructures biz amid exits; Banks advocate unified registry for digital fraudByju’s on Tuesday said it has consolidated four verticals into two, K-10 and exam preparation, as part of moves to restructure its mainstay...
- India’s tax department investigating FirstCry founder for alleged $50 million tax evasionIndia's tax department is investigating the founder of unicorn FirstCry.com on charges of evading taxes to the tune of $50 million. Sources...
- From fintechs to NBFCs – A bridge too far, and other top tech & startup stories this weekAfter the issues with IL&FS and DHFL, the regulator has become very concerned about the NBFC sector. Also, a clutch of unscrupulous Chinese...
- Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
- New-age stock brokers’ bull run hits a bump; Elevation sells more stake in XpressbeesFor new-age stock broking firms which grew exponentially during Covid-19, the past year has been punishing. This and more in today’s Mornin...
- Tata Digital snags founders, ecomm execs; Quick commerce scores in IPL; VerSe’s $805 million fundraise“As we grow our footprint across the country and demonstrate strength across categories, we continue to augment our team across the board, ...
- India’s new crypto tax comparedHow do India’s punitive new tax rules for cryptocurrency compare with those of other countries? Let’s find out.
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