Articles by: Ashish Bhatia

GST roll out only next year?

A report from the global financial services firm HSBC has attempted to put an end to uncertainty surrounding the implementation of Goods and Services Tax (GST). A long awaited tax reform, which is expected to bring about transparency in taxation and simplify the taxation procedure that currently prevail, including some that lead to double taxation, GST, the HSBC report said,[Read More…]

by May 31, 2016 Domestic, News
Jugnoo raises USD 10 million

Jugnoo raises USD 10 million

Chandigarh-based Autorickshaw aggregator Jugnoo is claimed to have raised USD 10 million in funds in a series-B round of fundraising. The startup has raised funds from investors like Paytm, Snow leopard and venture capital firm Rocketship.vc. Praised to have the potential to create a disruptive change in public transport ecosystem, Jugnoo has seen Paytm invest USD 5 million in it.[Read More…]

by May 31, 2016 Domestic, News
Consumer groups wary about Qute

Consumer groups wary about Qute

Baja Auto’s Qute quadricycle continues to make consumer groups wary. Especially on the issue of safety. A consumer group is known to have expressed concern about the safety of the Qute in a letter addressed to Rajiv Bajaj, the company’s managing director. The letter refers to the results of a recently concluded crash test conducted by the European New Car[Read More…]

by May 31, 2016 Domestic, News

Delhi Government warns cab aggregators

The Delhi Government is said to have issued a warning to cab aggregators including Ola and Uber. The government is claimed to have warned the aggregators of dire consequences if they do not roll back surcharge pricing. Surcharge pricing is levied on passengers during the peak hours of commute. Cab aggregators charge passengers a higher than base rate charge per[Read More…]

by May 31, 2016 Domestic, News