Quartz Indiaflipped into Quartz India3 days agoIndia’s fireflies are fighting for survival against its cities’ bright lightsverified_publisherQuartz - Shreya SharmaInsects act in coordination with natural light regimes and are sensitive to changes in light intensity, wavelengths, sources and other factors. Nocturnal insects perform various activities such as foraging, reacting to predators, or navigating using the stars and moon. For insects of the family …
Quartz Indiaflipped into Quartz India3 days agoIndia’s crypto exchanges cheer the clarification issued on new tax rulesverified_publisherQuartz - Mimansa VermaThe Indian government has brought in some much-needed clarity—and cheer—in the matter of taxing digital token transactions. The union budget for 2022-23 had declared a 30% tax on income from cryptocurrencies from the new financial year and a 1% TDS on all crypto transactions starting July 1. The …
Quartz Indiaflipped into Quartz India3 days agoIndia’s biggest automobile maker is under probe over its EV catching fireverified_publisherQuartz - Niharika SharmaTata Motors, India’s largest automobile manufacturer, is under the radar over a fire incident. A video has been circulating on Indian Twitter since yesterday (June 24), showing the company’s popular electric car, Nexon, in flames. Responding to the video, Tata Motors issued a statement saying it is …
Quartz Indiaflipped into Quartz India3 days agoIndian startups laid off over 10,000 employees in the first six months of 2022verified_publisherQuartz - Ananya BhattacharyaAs investors put pressure on startups in India to cut costs, employees are collateral damage. In the first six months of this year, more than 10,000 staff have been laid off by at least 27 startups across the country, according to Inc42’s analysis. Why are Indian startups on a layoff spree? In a …
Quartz Indiaflipped into Quartz India4 days agoGlobal VCs are trying to keep startups warm during India’s funding winterverified_publisherQuartz - Ananya BhattacharyaMarquee investors are trying to revive India’s startup scene. Matrix Partners India, which backs unicorns like Ola and Razorpay, is setting up $450 million for its fourth and largest India fund yet. The move comes a week after Sequoia Capital said it was raising a $2.85 billion corpus for southeast …
Quartz Indiaflipped into Quartz India4 days agoA second Indian airport will now run completely on renewable energyverified_publisherQuartz - Niharika SharmaThe Indira Gandhi International Airport (IGI) in Delhi is set to become the first such facility in India to run on a combination of hydro and solar power. This switch from June 1 will also make IGI the country’s second airport to run only on renewable energy. In 2015, Kerala’s Cochin International …
