FIRST CHEQUE

New EPF rules: The changes include an extended facility of auto-settlement, multi-location claim settlement, faster New rule for EPF death claim. Let us take a closer at each of these four changes.

EPFO eases the requirement to upload image of a cheque leaf and an attested bank passbook. This move will help to expedite the settlement of claims filed online and reduce the number of claims that are rejected

Many resident Indians who bought SPAC shares haven’t disclosed such investments in ITRs. SPACs are established solely to raise capital through a pre-listing offering, aiming to acquire a stake in an existing, primarily unlisted, operating company. S...

King Khan has pocketed the most endorsement money this IPL season, followed by Ajay Devgn. Big cricketing names are not far behind too, with Virendra Sehwag, Ravichandran Ashwin and Hardik Pandya each bagging a good many endorsement deals.

MUFG in talks to buy 20% stake in HDB Financial Services from HDFC Bank at $9-10B, unlocking value post $60B merger, with $2B investment, IPO preparations per RBI regulations.

​The right scheme for investment should be chosen based on the time horizon, risk profile and tax implications. For example, if you are looking to invest for a 1-2 year horizon and can take some risk and want tax efficiency, you could choose an equi...

Cedar Capital's fund would invest in almost 15 early-stage startups, with a primary focus on banking technology and business-to-business (B2B) fintech startups. In addition, leading family offices and institutional investors from India and the Middl...

US-based Interview Kickstart is a platform for working technology professionals who want to prepare to work at top tech companies. Over 20,000 people have gone through its programmes spanning AI, Machine Learning, Data Science and other advanced eng...

Troubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in today’s ETtech Top 5.

Mizuho Bank, Japan's third-largest 'megabank', has made a significant investment in India, allowing it to create a lending capacity and support local Indian corporates. The bank specializes in loan against shares, promoter financing, and large ticke...

Filmmaker Rajkumar Santoshi has been granted bail in the cheque-bouncing case. The court has allowed him to appeal against the judgement in a higher court. Santoshi's lawyer plans to appeal, highlighting the lack of evidence and involvement of a thi...

Medial App plans to use raised capital for product development, user acquisition and feature testing, with a focus on enhancing features and launching the product.

ofScale’s maiden funding round saw investments from Matrix Partners India DeVC and Relentless Ventures. The company is assisting D2C brands, like Arata, Wishcare and Paradyes establish their offline footprint.

In May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Institute.

K Kavitha, an MLC from the ruling BRS party in Telangana, has criticized the Women's Reservation Bill passed in Parliament, calling it a "post-dated cheque" with no clarity on its implementation. She demanded that women be given 33% reservation in t...

Campbell Wilson, CEO and MD of Air India, acknowledges the progress made since he took over the position, but recognizes that building a completely new Air India will take time due to legacy issues. Wilson emphasizes the importance of addressing acc...

SoftBank on Tuesday reported a surprise net loss of over $3 billion in the first quarter, hit by the double whammy of a drop in share prices of major holdings as well as a weaker yen.

At $100 billion, Reliance Retail will outpace global peers including Tesco, Carrefour, Uniqlo and JD.com. In India, Reliance Retail, the largest player already, is more than three times bigger than the largest listed retail chain Avenue Supermarts, ...

“Our vision for 2023 will be to develop products that are designed in India, made in India which will create skilled job opportunities in the direction of building India as a global hub ... with the incentive received further supporting new innovati...