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Swiggy has received a demand notice from the Income Tax Department for INR 158 crore. This development highlights ongoing scrutiny of the financial practices of major companies in the food delivery sector. The implications of this notice could impact Swiggy's operations and financial standing.
In March, electric two-wheeler registrations in India surpassed the 100,000 mark, marking a significant milestone for the industry. Bajaj and TVS Motor continue to lead the market, showcasing their dominance in the growing EV segment. This surge reflects the increasing adoption of electric vehicles among consumers.
L&T Technology Services has secured a €50 million contract with a European auto manufacturer. This partnership highlights the company's growing influence in the automotive sector, as it continues to expand its service offerings and client base in Europe.
Groww has received approval from the Competition Commission of India (CCI) for the issuance of bonus shares. In a significant move, the founders have also decided to relinquish their extra voting rights, marking a shift in the company's governance structure.
Elon Musk tops Forbes' 2025 Billionaire's List with a net worth of $342 billion, followed by Mark Zuckerberg at $216 billion and Jeff Bezos at $215 billion. The list features 3,028 billionaires worth a combined $16.1 trillion, with the majority residing in the United States.
Lehlah has successfully raised Rs 12.5 Crore to boost influencer earnings and expand its e-commerce presence. This funding aims to enhance the platform's capabilities, providing better opportunities for influencers while broadening its market reach.
Zomato has announced the reduction of up to 600 jobs as part of its response to a slowdown in business operations. This move reflects the company's efforts to streamline its workforce amid challenging market conditions.
CollegeDekho has successfully secured INR 30 Crore in funding, aimed at driving its growth and expansion initiatives. This financial boost is expected to enhance the company's capabilities and reach within the education sector, positioning it for future success.
OYO is projected to achieve a remarkable 60% increase in revenue for Q4, reaching INR 2,100 crore, according to Ritesh Agarwal. This significant growth reflects the company's strong performance and strategic initiatives in the hospitality sector.
Forbes' latest annual billionaires list reveals a record 3,028 billionaires, collectively worth $16.1 trillion, an increase of $2 trillion from last year. Elon Musk tops the list with $342 billion, followed by Mark Zuckerberg and Jeff Bezos. Public sentiment towards billionaires is mixed, reflecting both their growing influence and increasing scrutiny.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Swiggy faces income tax demand notice of 158 crore rupees
23:48 01.04.2025
ev two-wheeler registrations surpass one lakh in march with bajaj and tvs leading
23:42 01.04.2025
L&T Technology Services secures 50 million euro contract with European automaker
23:29 01.04.2025
Groww secures CCI approval for bonus shares as founders give up voting rights
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elon musk and mark zuckerberg lead forbes richest billionaires list
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20:41 01.04.2025
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collegedekho raises 30 crore funding to support growth and expansion
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OYO expects revenue growth of 60 percent to 2100 crore in Q4
16:16 01.04.2025
record number of billionaires amass unprecedented wealth in annual forbes list
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12:33 01.04.2025
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