Modi said that no other large economy in the world is growing at over 7 per cent year after year at the India-ROK Business Symposium here during his visit to South Korea.

BusinessToday.In spoke to a few businesses to understand what the government announcements regarding the angel tax norms and change in definition of startups meant to them

The government Tuesday eased rules for startups by announcing a string of exemptions which includes the contentious and much debated issue of Angel Tax

The investment is in Sachin's personal capacity and is also the largest financing by an individual in Ola till date, Ola said in a statement.

Union Minister of Commerce & Industry Suresh Prabhu in a series of tweets widened the definition of startups amongst a host of other clarifications.

Uber in December filed confidentially for an initial public offering, which may come as early as the second quarter this year. It is racing neck-and-neck with rival Lyft to become the first ride-hailing IPO.

At the moment people can be added to WhatsApp groups without their permission but with this new feature, users will be able to change their privacy settings.

Sandeep Aggarwal of Droom, Neha Kant of Clovia and Sujeet Kumar of Udaan at Business Today's 6th edition of MindRush to discuss their experiences and shared some valuable insights which would help aspiring entrepreneurs.

The latest round of funding saw investments from bigwigs like Sequoia Capital, Temasek and Germany's Burda Principal Investments. Zilingo has raked in USD 306 million in funding so far.

The biggest gripe of any WhatsApp user is getting added to a random group without permission.

Various startups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them. A notification in this regard is expected to be issued soon.

The government has rejected allegations by a start-up firm that Rs 36 lakh was recovered from it as part of a recovery action on account of angel tax.

Addressing the same event, senior lawyer Nishith Desai wondered if the move was done for the benefit of a particular set of market-players as there are always lobbies at work.