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Akasa raises funds from Premji, others

Mint Chennai

|

August 20, 2025

Akasa Air on Tuesday said it has raised funds from investors, including Premji Invest and Claypond Capital, and the investments will be utilised mainly for expanding operations.

The airline did not disclose details about the quantum of funds mopped up as part of the strategic investment transactions announced in February this year. In a statement, it said the closure of the

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Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

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A new wave of FDI could help the country stare down uncertainty

India-bound investments in future-focused sectors could favour faster economic growth amid shifting geopolitical dynamics

time to read

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