At the end of June, the outstanding balance of loans offered by banks in Tianjin to specialized enterprises that produce cutting-edge products, also nicknamed "little giants", amounted to 20.8 billion yuan. Insurers launched fresh in...
This detail is significant because Microsoft wouldloseaccess to OpenAI’s technology once the startup achieves AGI, a term that is still ambiguous and interpreted in different ways by many. Some have speculated that OpenAImightannounce AGI sooner to limit Microsoft’s involvement, but the agreement ...
“Essentially, the grievance of the plaintiff is not that something was put up. But the grievance of the plaintiff was that something in response to that which had already been put up for a number of years was edited and deleted,” said Wikipedia’s lawyer Jayant Mehta. He pointed out tha...
Startups with a turnover of up to Rs 100 crore will be allowed a deduction of 100% of profits for three consecutive assessment years out of 10 years. Previously, only startups with a turnover of up to Rs 25 crore were allowed to claim this deduction of seven years. ...
They found that lenders were more likely to deny loans to Latino people by 40 per cent, Asian Pacific Islanders by 50 per cent, Native Americans by 70 per cent, and Black people by 80 per cent compared to White people. The gap also varies by city. ...
Is documentation necessary for loans from relatives? I am getting 5 lakh transferred from my uncle s SB account to mine. Do I need to make a proper agreement? How do I link an Aadhaar card to my bank account? How do I check my account stat...
flyPOP’s statement did not elaborate on the sum received from the Future Fund, launched by the UK government in May 2020 with an initial tranche of GBP250 million pounds (USD323 million). It provides convertible loans to UK startups ranging from GBP125,000 (USD162,567) to a maximum ...
Stand Up India Scheme also launched in 2016 aimed to facilitate bank loans to women and SC/ST borrowers between Rs 10 lakh and Rs. 1 crore for setting up a greenfield enterprise. Details onStand-Up Indiais given in the linked page. ...
At the end of June, the outstanding balance of loans offered by banks in Tianjin to specialized enterprises that produce cutting-edge products, also nicknamed "little giants", amounted to 20.8 billion yuan. Insurers launched fresh insurance products to provide risk coverage for companies focusing on...
In January, digital lenders including Ant Financial's Huabei and Tencent's WeBank announced a reduction of their maximum quota for loans extended via online channels after heavier scrutiny from financial regulators and new provisions. "By and large, Chinese regulators are pro-innovation," said Chen...