business news
India to Introduce New Tax, Salary, and Compliance Regime Effective from April 1
Farheen Nisha
4 minutes read
India rolls out sweeping tax, salary, and compliance reforms from April 1, reshaping financial systems, payroll structures, and governance.
Smartworks' Pre-IPO Performance: Revenue Soars 32% to ₹1,374 Crore, But Losses Widen to ₹63 Crore
3 minutes read
Smartworks, an IPO-bound coworking major, reported a 32% revenue surge to ₹1,374 crore in FY25, but net losses widened to ₹63 crore. As it prepares for a July 10 IPO, the company aims to reduce expenses and achieve profitability. Funds will fuel expansion and debt repayment in India's growing flexible workspace market.
Tesla Eyes Maharashtra’s Satara for EV Assembly Plant, Talks Underway for New JV
3 minutes read
Elon Musk's Tesla is scouting land in Satara, Maharashtra, to set up a CKD EV assembly unit after talks with Megha Engineering fell through. Now exploring a new JV, Tesla aims to start operations by FY-end.