The group also said the Fund plans to invest Rs 20 crore in series B rounds and an additional Rs 20 crore in series C rounds on average, in startups where Artha is already an investor.
Amit Sengupta, ED, VA Tech Wabag says the company‘s European market business is witnessing recovery, and its footing in the domestic market remains strong. The company has bagged orders worth around Rs 450 crore since April 1, and expects to add more by June.
The Income Tax Department has slapped a tax demand of over Rs 450 crore on software giant Infosys Technologies for wrongfully claiming tax exemption on onshore services by declaring them as software exports, Parliament was informed today.