Browsing: Deccan Founders

RBI doubles the collateral-free loan limit for Micro and Small Enterprises from Rs 10 lakh to Rs 20 lakh, with scope up to Rs 25 lakh for strong borrowers and coverage under the Credit Guarantee Scheme, aligning with Union Budget 2026–27 support for India’s MSME sector.

New Revolut-commissioned Juniper Research shows social media platforms earned €4.4bn from scam ads in Europe in 2025, with nearly one in ten ads linked to fraud and exposure projected to grow sharply by 2030 under tightening EU regulation.

Bertelsmann launches Bertelsmann Next India, investing in founder-led businesses and acquiring LetsTransport to enhance logistics solutions.

India plans to extend the 50 percent HRA tax exemption to Bengaluru, Hyderabad, Pune and Ahmedabad, aligning them with Mumbai, Delhi, Kolkata and Chennai. The draft Income-tax Rules, open for feedback until February 22, could lower taxable income for salaried workers from April 1, 2026, under the old tax regime.

Preventify raises ₹2 crore to expand chronic care in Tier-2, Tier-3 India, led by PedalStart. Revolutionizing healthcare access.

India is drawing two new AI server manufacturing plants as Ashwini Vaishnaw touts up to $200 billion in data center investment, long-term tax breaks, and expanding GPU capacity under AI Mission 2.0.

Gartner names Agentic AI Oversight the top cybersecurity trend for 2026, warning that unchecked AI agents, quantum threats, and generative AI misuse are expanding enterprise risk and demanding new governance, identity management, and incident response strategies.

Odisha announces a new fintech policy to become a digital finance hub. Investment, job creation, and AI innovation are key goals.

Kotak Mahindra Bank becomes India’s first custodian to enable fully digital Foreign Portfolio Investor registration using SEBI-backed electronic signatures, integrating Digital Signature Certificates into a single workflow. The move supports paperless onboarding via the NSDL FPI Portal and aligns with India’s broader capital markets digitization drive.

Reliance Consumer Products Limited acquires a 75% stake in Australia’s Goodness Group Global, adding Nexba and PACE to its health beverage portfolio and advancing its plan to build a global FMCG business backed by ₹40,000 crore in investments and ambitious revenue targets.