Author: News Desk

India’s startup ecosystem has flourished, producing over 100 unicorns and drawing billions in investments. However, a growing trend has emerged—many successful startups are shifting their headquarters to countries like Singapore and Dubai. While they continue to operate in India, their decision to relocate raises important questions. What advantages do these locations offer? And what does this shift mean for India’s startup future? Major Startups Moving Abroad Several well-known Indian startups have moved their headquarters overseas, citing various benefits. Some prominent examples include: Why Singapore and Dubai? Lower Tax Burden Simplified Regulations Global Investor Access Stronger IP Protection The Impact on…

In an exclusive conversation with Channeliam.com, Aju Jacob, Managing Director of Synthite Industries, shared insights on the company’s expansion plans, the evolving food industry, and the role of sustainability in ingredient processing. Expanding High-Value Processing in Kerala Synthite, a global leader in spice and plant-based extracts, plans to continue expanding in Kerala. However, instead of large-scale manufacturing, the company will focus on high-value product processing. “Kerala does not offer opportunities for large-scale manufacturing, but we see strong potential in bio-manufacturing and non-solvent-based extractions. These require high precision and advanced technology,” said Aju Jacob. Challenges in Traditional Extraction Synthite’s expansion in…

In an exclusive interview with Nisha Krishnan, CEO of Channeliam.com, Pradeep Jayaraman, the CEO of Adani Vizhinjam Port Pvt Ltd, discusses the significance of the Vizhinjam Port project and how it will transform India’s maritime sector. The port, located in Kerala, is a major initiative by the Adani Group in partnership with the state government and is set to become one of India’s first deep-water container transshipment hubs. Introduction to Vizhinjam Port Vizhinjam Port, an ambitious infrastructure project by Adani Group in partnership with the Kerala state government, is set to revolutionize India’s maritime industry. Initiated in December 2015, this…

The Bajaj GoGo line introduces a two-speed automated transmission, improving performance on inclines. Clear Nomenclature for Specifications The model names follow a structured system: Safety and Build Quality The vehicles feature a full-metal body with advanced safety systems, including Auto Hazard and Anti-Roll Detection. Additional features include LED lighting, Hill Hold Assist, and a 5-year battery warranty. Premium Features with TecPac For enhanced functionality, Bajaj offers the ‘Premium TecPac,’ which includes remote immobilization and reverse assist. Focus on Performance and Reliability Samardeep Subandh, President of the Intra-City Business Unit at Bajaj Auto, highlighted the GoGo range’s benefits. With a certified…

India’s state-run refiners are set to fully commission the world’s longest liquefied petroleum gas (LPG) pipeline by June. This major infrastructure project is expected to significantly cut fuel transportation costs and enhance safety by reducing the reliance on road transport. The pipeline, spanning 2,800 kilometers, will serve as a vital link between refineries and bottling plants, streamlining LPG distribution across the country. A $1.3 Billion Investment to Transform LPG Supply The $1.3 billion project is a collaboration between Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation. The three companies have jointly established IHB to oversee the construction of…

South Mumbai will finally be on the Metro map in March, with fares ranging from ₹10 to ₹60. The expansion of Line 3 will extend from Aarey to Worli Naka (Acharya Atre Chowk), providing a 22km underground route for faster and more comfortable travel. Faster Commute, Less Traffic For ₹60, commuters can bypass congested roads like Lady Jamshedji Road and Dr Annie Besant Road, traveling smoothly through areas like Dharavi, Dadar, Siddhivinayak, and Worli. Many, like marketing professional Priya Rane, see it as a game-changer, replacing long cab rides with a quick metro journey. Boost for Commercial Hubs The new…

Union Minister for Railways, Information and Broadcasting, and Electronics and Information Technology, Ashwini Vaishnaw, shared a video of himself testing a fully made-in-India laptop developed by VVDN Technologies. The video highlights India’s growing capabilities in hardware manufacturing. https://x.com/AshwiniVaishnaw/status/1894806229085810824?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1894806229085810824%7Ctwgr%5E31fd8a8cc4afea18d846c82edd8247b980d27c62%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Findianexpress.com%2Farticle%2Ftechnology%2Flaptops%2Fit-minister-ashwini-vaishnaw-tests-made-in-india-laptop-9859303%2F VVDN Technologies Focuses on Indigenous Manufacturing In the video, VVDN Technologies CEO Puneet Agarwal emphasized that the laptop’s hardware, motherboard, mechanical components, body, chassis, and software are entirely made in India. He also stated that the laptop meets international quality standards, reinforcing the country’s progress in the electronics manufacturing sector. Laptops Designed for White-Labelling and Mass Manufacturing The video does not disclose…

The US EB-5 program, which allows foreign investors to obtain a Green Card through an $800,000 investment, is at risk of being eliminated. Former US President Donald Trump has proposed a new ‘Gold Card’ visa, requiring a direct $5 million payment to the government, with no job creation or investment returns. Impact on UAE Investors This change poses a significant challenge for UAE-based high-net-worth individuals seeking US residency. Dubai-based attorney Shai Zamanian noted that the 525% cost increase makes US immigration far less accessible. Investors who previously relied on EB-5 to grow their businesses will lose the ability to recover…

The Income Tax Department has initiated a large-scale investigation into irregularities in Tax Deducted at Source (TDS), covering more than 40,000 taxpayers across the country. This campaign targets individuals and companies that have either failed to deduct TDS/TCS or have not deposited it with the government. Notices are being issued to those found violating the tax rules. This action is based on TDS data from the financial years 2022-23 and 2023-24. The Central Board of Direct Taxes (CBDT) has detected multiple discrepancies in TDS payments and has devised a 16-point action plan to identify non-compliant taxpayers. In addition to this, the department’s data analytics team has compiled a list of taxpayers…

An interim report by the Karnataka labour department has concluded that Infosys did not violate any labour laws in its recent terminations. The review, led by Additional Labour Commissioner (Industrial Relations) G Manjunath, was conducted on the directives of Labour Minister Santhosh Lad. The team inspected Infosys campuses in Mysuru and Bengaluru and examined documents related to the hiring process. Trainees, Not Employees A government official clarified that the individuals in question were trainees under an apprenticeship program, not employees. “There was no employer-employee relationship as they were never given appointment letters. They were trainees receiving stipends for three months,”…