Entrepreneur Staff: Page 12
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Latest: Page 12
LTIMindtree Targets USD 10 Billion in Revenue by FY32, Pivots to AI
The pipeline for large deals remains robust, with a total TCV of USD 5 billion, including 14 deals exceeding USD 100 million (totaling USD 1.9 billion) and 21 deals in the USD 50–100 million range (worth USD 1.3 billion).
Streamlining Auto Industry Taxation: SIAM
Focusing on the evolving taxation landscape of the auto industry, experts and policymakers discussed key issues, including GST simplification, customs valuation, transfer pricing alignment, and the adoption of digital transformation for ease of doing business.
Zomato Secures USD 1 Bn via QIP, First Major Fundraise Since IPO
Notable investors include ICICI Mutual Fund, which was allotted 4.25 crore shares, making up 12.78% of the issue. Other domestic mutual funds, including HDFC, received 1.97 crore shares, or 5.95%, while Kotak's funds were allotted 6% of the issue.
Cooperatives Sector to Create 55 Million Jobs and 10% GDP Contribution by 2030
Data from the Indian Cooperative Movement report published in 2018 highlights that direct employment generated by cooperatives grew from 1.2 million in 2007-08 to 5.8 million in 2016-17, marking a compound annual growth rate (CAGR) of 18.9 per cent.
NODWIN Gaming Acquires Trinity Gaming in INR 24 Cr Deal to Strengthen Gaming Ecosystem
The acquisition involves a 100% purchase of Trinity's share capital, combining a cash payment of INR 4.8 crore and a stock swap worth INR 19.2 crore. Founders Abhishek Aggarwal and Shivam Rao will retain leadership roles while becoming shareholders in NODWIN Gaming.
Mirae Asset Financial Group Completes Acquisition of Sharekhan
Sharekhan, a key player in stockbroking, commodities, and currency derivatives, will leverage Mirae's global expertise and reach to expand its business.
