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CII offers suggestions to Indian govt on GST rules

Praising various efforts for successful transition of businesses to the goods and services tax (GST) regime, Confederation of Indian Industry (CII) director general Chandrajit Banerjee has urged the government to extend the provisional input tax credit period by six months from the current two fo…

Govt, industry to brainstorm on measures to boost exports

New Delhi: The export sector’s woes finally seem to have nudged the Centre into action. On September 29, when the GST Council meets to iron out the sector’s problems, three key Union ministers will hold a brainstorming session with officials, exporters and industry bodies to identify measures to …

PurpleYo looks to raise $15 m by year-end

Mumbai: PurpleYo, an online market place for commercial real estate in India, is looking to raise $15 million for its expansion. The data and analytics firm said it is also eyeing co-working space and lending opportunities to SME players. “Our attempt was to create a marketplace model for co…