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India's unicorn boom indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.
Covid-19 vaccination sites drop to half in India amid shortage of doses Mumbai municipality vehicles were en route to the Pune facility of the world’s largest vaccine manufacturer, Serum Institute of India, on Friday afternoon. An official said the cargo they pick up could beat the shortage of doses threatening to scuttle the Covid vaccination process in the country’s financial capital. “We are expecting as many as 188,000 doses of Covid-19 vaccines. Crackdown on tax evaders: I-T notices to holders of foreign assets The Income-Tax (I-T) Department has issued notices to taxpayers, seeking action under the black money and benami transactions laws for not disclosing their foreign assets in assessment years from FY14 to FY18. The notices have been issued ahead of the April 30 deadline, which has been set for reopening tax evasion cases as announced in Budget 2021, shortening the period of investigation to three years from six. ....
PE-VC exits from Indian companies at two-year high after Covid-19 setback business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Dream11 parent raises $400 m from Netflix, Airbnb investor, others thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
We ll soon meet in your inbox. Please wait. “Existing investors including the likes of China’s Tencent Holdings, Kalaari Capital, Multiples Alternate Asset Management are among the investors looking to sell their shares. The deal may involve some primary cash infusion but the final contours are still being worked out.” said a person in the know. In September last year, Dream Sports, founded by Harsh Jain and Bhavit Sheth in 2008, had announced the closure of a $225 million funding round which too was largely a secondary stake sale transaction. The financing saw the entry of New York-headquartered Tiger Global Management, TPG Tech Adjacencies, ChrysCap and Footpath Ventures into the company with Dream Sports’ valuation swelling to $2.5 billion. ....