Today’s India Business News Headlines – 12th June 2017 –

Please follow and like us:


Here are the Business News Headlines as on 12th June 2017:

  • GST Update : GST has been revised for 66 products including Kitchen items and Movie tickets under Rs.100/-. Concessional tax payment scheme for small businesses and restaurants has been widened to include assessees upto a turnover of Rs.75 Lakh (earlier Rs50 Lakh).
  • Lendingkart Group has raised a debt of Rs50 crore from Yes Bank. The company has so far raised more than Rs250 crore in debt from the two banks and various NBFCs.
  • Strides Shasun, Bengaluru-based pharmaceuticals company, has raised Rs500 crore from global private equity fund KKR & Co.The money will be used to restructure existing loans and expanding some of the businesses.
  • Amit Sinha, currently working as Sr VP, has been appointed COO of Paytm Mall.
  • Online insurance firm, Coverfox, has raised $15 milion in Series C round. With the latest round of funding, Company has been valued between $70-100 million.
  • Unicorn India Ventures, a Mumbai based VC firm, has invested Rs.3.2 Crores in, an Artificial Intelligence analytics startup.

For latest News, Views & More, Subscribe to our newsletter and follow us on FacebookTwitter and Google+

One thought on “Today’s India Business News Headlines – 12th June 2017 –

Leave a Reply

Your email address will not be published.

The content and images used on this site are copyright protected and copyrights vests with their respective owners. We make every effort to link back to original content whenever possible. If you own rights to any of the images, and do not wish them to appear here, please contact us and they will be promptly removed. Usage of content and images on this website is intended to promote our works and no endorsement of the artist shall be implied. Read more detailed ​​disclaimer
Copyright © 2019 All rights reserved.
× How can I help you?