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MUMBAI: Rapido, which rivals Uber and Ola in India’s ride-hailing market, has raised a fresh $240 million in funding led by Dutch technology investor Prosus at a valuation of $3 billion, higher than its last valuation of $2.3 billion it attained when Swiggy sold its stake in the startup in a secondary transaction in September…
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The government has imposed a windfall gains tax of Rs 3 per litre on petrol exports with effect from May 16, PTI reported. The move comes amid elevated global crude oil prices and ongoing volatility in international energy markets following the Middle East conflict.“Govt levies Special Additional Excise Duty of Rs 3 per litre (SAED-…
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