Monday, February 1, 2021

Startups get tax breaks for one more year in Budget 2021

The government also proposed to incentivise incorporation of one-person companies, a move which will benefit startups and innovators.

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Budget 2021: Indian IT firms set to gain from Digital Census 2021, MCA 21 3.0

The government has set aside in Union Budget 2021-22 more than Rs 3,000 crore for conducting the Digital Census 2021. The second phase of MCA 21, currently run by Infosys, had a total project outlay of nearly Rs 360 crore.

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Samsung could soon launch phones with rollable and slidable screens



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Govt to incentivise incorporation of one person companies to boost startups

Finance Minister Nirmala Sitharaman said incorporation of OPCs will be incentivised by allowing such companies "to grow without restriction on paid up capital and turnover, allowing conversion into any other type of company at any time."

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New study shows Mars’ Gale crater was similar to Iceland over 3 billion years ago



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Australian prime minister says Bing could replace Google

Prime Minister Scott Morrison said he had since spoken to Microsoft chief executive Satya Nadella about its search engine Bing filling the space.

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As Google eyes Australia exit, Microsoft talks Bing with PM

Australia has introduced laws that would force internet giant Google and social media heavyweight Facebook Inc to negotiate payments to domestic media outlets whose content links drive traffic to their platforms.

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Here's a way to learn if facial recognition systems used your photos

Companies, universities and government labs have used millions of images collected from a hodgepodge of online sources to develop the technology.

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ETtech Morning Dispatch on 1 Feb. 2021: What Budget 2021 means for startups, tech

India's tech and startup industry will watch out for cues in Finance Minister Nirmala Sitharaman's Budget 2021 that will give shape to their ecosystem's post-pandemic future.

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Snackmaker Happilo raises Rs 100 crore in first external funding round

The Bengaluru-based brand is eyeing a healthy chunk of the Rs 40,000 crore dried fruits and nuts market, estimated to be the largest in the world.

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Budget 2021: Is it now time for LIC, EPFO to invest in Indian startups?

The government has started deliberations on allowing domestic pension and insurance funds to invest in Indian startups. While the idea isn’t new, industry watchers believe now is the right time for Indian institutional investors to become stakeholders in India’s startup ecosystem.

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Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco...