UiPath gets $225 million in fresh funding led by Capital G, Sequoia

The funding was co-led by existing investor CapitalG and new investor Sequoia Capital. Accel, which led both UiPath Series A and B rounds also participated in this round.

Investors poorer by Rs 8.5 lakh crore as market turmoil continues for fifth day

The 30-share Sensex Monday tanked 536.58 points or 1.46 per cent to end at 36,305.02, extending its downtrend for the fifth straight session. The barometer has lost 1,785.62 points or 4.68 per cent in past five trading sessions.

Government likely to spare gold from higher tax, mulls deposit scheme to cut its imports

Government is likely to spare gold from the list of items on which in plans to hike import duty in order to curb a widening current account deficit and arrest the rupee’s fall. The finance ministry is also reportedly planning a gold deposit programme aimed at attracting bullion lying with citizens, to cut imports of the metal by recycling it inside the country.

Rout in markets again; Sensex loses 537 points, Nifty crashes below 11,000

Sensex lost 536.58 points to close at 36,305.02 while the broader 50-share NSE Nifty slipped 168.20 points to crash decisively below the 11,000-mark. Experts suggest financial sectors are dragging the markets and it has a domino effect on sectors such as real estate and autos.

Government extends deadline for filing ITR, audit report till October 15

The Central Board of Direct Taxes (CBDT) had received representations from stakeholders seeking extension of the last date for filing of returns by taxpayers whose accounts have to be audited.