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No bumpy ride for startups as govt okays Rs 10,000 cr corpus

A majority of successful startups have been funded by foreign venture funds and many of them are locating outside the country to receive such funding. The government on Wednesday approved Rs 10,000......

Dividend tax only on dividend income above Rs 10 lakh

This amendment will be effective for the assessment year 2017-18 and subsequent assessment years. The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh......

India's super rich now have a new toy to play with

Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets Ultra-high net worth investors (UHNIs)......

NIIF: A perfect solution for the cash-strapped economy

The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return, says Vinayak Chatterjee. The distinction is important. The......

Budget: A milestone towards ushering in reforms

The Budget sets out a comprehensive vision for all-round economic overhaul, notes Mukesh Butani. Image: Vital reforms to catapult the Indian economy into a double-digit growth. Photograph:......
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SEBI mulls easier norms to help startup listing platform take off

The Securities & Exchange Board of India (SEBI) has proposed a raft of changes in its institutional trading platform better known as startup... ...

http://techcircle.vccircle.com/2016/07/29/sebi-mulls-easier-norms-to-help-startup-listing-platform-take-off/
Lightstream Enters Into Arrangement Agreement in Connection With its Proposed Recapitalization Transaction

CALGARY, ALBERTA -- (Marketwired) -- 07/28/16 -- Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) is pleased to announce that,... ...

http://in.sys-con.com/node/3884166
WiLAN Reports 2016 Second Quarter Financial Results

OTTAWA, CANADA -- (Marketwired) -- 07/28/16 -- WiLAN (TSX: WIN)(NASDAQ: WILN) today reported financial results for the three- and six-month periods... ...

http://in.sys-con.com/node/3883314
Sebi registered AIF count touches 235

AIFs are funds established in India for purpose of pooling in capital from Indian and foreign investors ...

http://www.business-standard.com/article/pti-stories/sebi-registered-aif-count-touches-235-116072800328_1.html
'Start-up fund's priority is not to maximise profits'

Kshatrapati Shivaji, CMD, SIDBI Kshatrapati Shivaji, CMD of Small Industries Development Bank of india (SIDBI) which is managing the government's... ...

http://smartinvestor.business-standard.com/market/Marketnews-400516-Marketnewsdet-Start_up_funds_priority_is_not_to_maximise_profits.htm

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