Pooja Yadav

Feb 1, 2025 | inc42.com | Pooja Yadav

In a major move to boost India’s manufacturing capabilities, FM Nirmala Sitharaman has announced that the government will fully exempt Basic Customs Duty (BCD) on cobalt powder, scrap of lithium-ion batteries, LED, zinc, and 12 other critical minerals. This follows the July 2024 budget, where the government had exempted BCD on 25 critical minerals not domestically available. “This will help secure the availability for manufacturing in India and promote more jobs for our youth,” she added.

Feb 1, 2025 | inc42.com | Pooja Yadav

SUMMARY Finance minister Nirmala Sitharaman has announced that requirements and procedures for speedy approvals of company mergers will be rationalised The scope of fast-track mergers will also be widened, and the process will be made simpler During her speech, she also highlighted that the government will revamp the Central KYC Registry in 2025 to simplify KYC processes During her eighth consecutive Union Budget speech, finance minister Nirmala Sitharaman announced on Saturday (February 1)...

Feb 1, 2025 | inc42.com | Pooja Yadav

SUMMARY During her eighth consecutive Union Budget on Saturday, finance minister Nirmala Sitharaman announced several measures, one of which focusses on urban sector reforms The government will set up an Urban Challenge Fund worth INR 1 Lakh Cr to implement proposals aimed at transforming cities into growth hubs, facilitating creative redevelopment, and improving water and sanitation infrastructure This fund aims to transform cities into growth hubs, drive creative redevelopment, and enhance...

Jan 31, 2025 | inc42.com | Pooja Yadav

SUMMARY Founded in July 2023, by Utkarsh Gupta and Dishant Daryani, Comet is a D2C sneaker brand, which sells products for both men and women primarily through its website. The startup has so far raised over $7 Mn and counts Elevation Capital and Nexus Venture Partners as its key investorsThis year, offline expansion will be one of the brand's key focus areas.

Jan 31, 2025 | htsyndication.com | Pooja Yadav

India, Jan. 31 -- The sneaker craze, once dominated by iconic drops from brands like Nike, Adidas, and Puma, is no longer just about comfort or sports, it has become a statement, a status symbol for many, if you will. What started as a trend driven by basketball, hip-hop, and streetwear has now become a full-fledged global obsession.