Surajeet Das Gupta, Business Standard

Stories by Surajeet Das Gupta, Business Standard

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com   20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

Where Indians Want To Travel To

Where Indians Want To Travel To

Rediff.com   20 Dec 2022

Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.

How Will The Markets Pan Out In 2023?

How Will The Markets Pan Out In 2023?

Rediff.com   19 Dec 2022

Here's how leading brokerages and research houses expect 2023 to play out for the equity markets, and their sector preferences.

'Huge desire among people to fly... leading to congestion'

'Huge desire among people to fly... leading to congestion'

Rediff.com   16 Dec 2022

'Airports must look at their maximum capacity to handle passengers.'

40% of all vehicles sold will be electric by 2030

40% of all vehicles sold will be electric by 2030

Rediff.com   15 Dec 2022

As much as 35 per cent to 40 per cent of all vehicles sold in the country across segments will be electric by 2030, up from a mere 2 per cent this year, says a Bain & Co report released today. This translates to 14-16 million new electric vehicles (EVs) selling in a year. The inflexion point, which is now being seen month on month in many segments (such as two-wheelers which hit around 4-5 per cent in December), will be more than visible in 2026, when 4-5 million EVs across segments are expected to be sold, accounting for 15-20 per cent of the total sales, says the report.

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Rediff.com   12 Dec 2022

Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market - premium, mass premium, and economical - in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years. According to Bhavish Aggarwal, founder and CEO of Ola Electric, "ICE (internal combustion engine) products will fall off a cliff." He also says the company is aiming to become profitable next year.

Should A Collegium Pick Election Commissioners?

Should A Collegium Pick Election Commissioners?

Rediff.com   9 Dec 2022

The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com   6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

'Long-term science is the only thing that works'

'Long-term science is the only thing that works'

Rediff.com   6 Dec 2022

'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'

Property Sale: NRIs Can Repatriate Funds

Property Sale: NRIs Can Repatriate Funds

Rediff.com   5 Dec 2022

NRIs can repatriate the proceeds from the sale of a residential property in India, provided they meet a few conditions.

China Plus One: Low labour costs and growing workforce give India the edge

China Plus One: Low labour costs and growing workforce give India the edge

Rediff.com   5 Dec 2022

A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.

E-scooter race: TVS, Bajaj all charged up, notch up 10K registrations

E-scooter race: TVS, Bajaj all charged up, notch up 10K registrations

Rediff.com   2 Dec 2022

India's incumbent two-wheeler players, led by TVS Motors, are flexing their muscles, having crossed the registration of 10,000 electric two-wheelers for the first time in November this year, according to data from Vahan, the website of the ministry of road transport and highways. The two key incumbent players, TVS Motors and Bajaj Auto, now account for around 15 per cent share of registrations in the month of November. The number will only go up with Hero MotoCorp now joining the bandwagon with its Vida range of electric scooters.

'It's advantage bulls for the near-term'

'It's advantage bulls for the near-term'

Rediff.com   29 Nov 2022

'New record for the Nifty50 is only a question of when.'

'Moonlighting Is Not A Big Deal'

'Moonlighting Is Not A Big Deal'

Rediff.com   29 Nov 2022

'Career paths are no longer linear as professionals look to build a more holistic career portfolio that is true to their professional and financial goals.'

Indian Techies Write Code For Driverless Cars!

Indian Techies Write Code For Driverless Cars!

Rediff.com   29 Nov 2022

Engineers based in India are estimated to be writing roughly 35 per cent of the 100 million lines of codes required to develop one fully driverless car for global vehicle makers.

Make or buy: Electric vehicle makers' supply chain dilemma in India

Make or buy: Electric vehicle makers' supply chain dilemma in India

Rediff.com   28 Nov 2022

With a million-odd electric vehicles (EVs) - two-wheelers, e-rickshaws, buses and passenger cars - expected to hit the road this calendar year, the shift from gasoline-powered vehicles has become irreversible. Now the question is whether the supply chain is ready for this shift. Key components - the high-powered lithium-ion battery and the cells which go with it, the electric motor, and the electronics powered by chips - account for nearly 60 per cent of the cost of an EV.

Ola Electric to charge up capacity to 4 mn; may roll out e-cars from 2024

Ola Electric to charge up capacity to 4 mn; may roll out e-cars from 2024

Rediff.com   28 Nov 2022

Ola Electric has finalised its second phase of expansion, under which it will increase its plant capacity fourfold - from 1 million two-wheelers per annum to 4 million. This will also include motorcycles, said a top executive of the company. It will also build a plant with a 5 Gwh of advanced chemistry cell battery storage capacity in the same super factory located on the outskirts of Bengaluru.

Lakshmi-Ganesh On Rupee: Who Decides?

Lakshmi-Ganesh On Rupee: Who Decides?

Rediff.com   16 Nov 2022

Any currency design change must be approved by the RBI central board and the central government.

From Dixon to Lava, Indian firms in JV talks with Chinese players

From Dixon to Lava, Indian firms in JV talks with Chinese players

Rediff.com   11 Nov 2022

Home-grown companies, including electronics manufacturing services (EMS) firm Dixon Technologies and mobile device maker Lava International, have started exploratory talks with Chinese sub-assemblies and component players for setting up joint ventures (JVs) in the country. Sources in the industry say many domestic companies have also had preliminary discussions with original design manufacturers (ODMs) in China to look at a JV model for manufacturing smartphones. Key ODM players in mobile devices in China include Longcheer, Huaqin, and Wingtech, which has already set up a plant in Tirupati.

As Voda Idea skips 5G launch, govt wants to see its business plan

As Voda Idea skips 5G launch, govt wants to see its business plan

Rediff.com   7 Nov 2022

The Department of Telecommunications (DoT) has asked Vodafone Idea (Vi) to come back to it with a business plan soon in light of its decision not to launch 5G services for now (unlike its competitors Reliance Jio and Bharti Airtel) and in view of its assessment of the possible impact of BSNL's impending launch of 4G in a few months and then 5G by August 15. "We are worried about Vi as we want to have three private players and one government player in the market. "The global trend now is to have two to three players.