The move, a part of the new set of prudential norms being discussed by financial sector regulators across the globe in the wake of the credit crisis, was being discussed in view of the reputational risk arising from undertaking such activities, RBI said in its annual report for 2008-09.
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The healthcare IT sector saw 168 transactions in the second quarter of 2013, higher than 104 in the previous quarter (January-March) and 163 in all of 2012.
As the tides of investments change over time, venture capital funds are shifting their focus to businesses related to consumer demand such as education, media and entertainment, food & beverages and alternative energy.
According to Venture Intelligence, PE/VC investors have already invested $93 million in 10 education companies so far in 2011, led by a Rs 100 crore (about USD 22 million) investment in vocational training and placement firm Teamlease Services.
Led by Saharan, who is leading the batting charts with 389 runs, the team's performance got better with each match and the only time it has been pushed to a corner in the tournament is the semifinal where it pipped hosts South Africa by a solitary wicket.
Out of favour India batter Hanuma Vihari will be leading the South Zone squad in the upcoming Duleep Trophy tournament.
India's in-form spinner Kuldeep Yadav missed Sunday's game due to a sore thumb and it remains to be seen if he is available for selection.
Venture capital investments grew at a rapid pace across the US in the April-June quarter of 2011, surging by 19 per cent to $7.5 billion, says a new report.
Captain Harmanpreet Kaur's form with the bat will be in focus as the Indian Women's team looks to salvage pride in the third and final ODI in Mumbai on Tuesday.
Moreover, VC investments are anticipated to move away from information technology and telecommunication areas, according to German banking major Deutsche Bank.
India will need to be ruthless and tactful in equal measure while dealing with an unpredictable England when the third chapter of a riveting Test series begins in Rajkot on Thursday.
According to Dow Jones VentureSource, a VC industry tracking firm, investments grew in almost every venture hub globally in the April-June quarter, a sign of recovery in the global economy.
This is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23, according to the Reserve Bank of India.
In the current scenario, form in the IPL will carry a lot of weight for selection in the Indian team bound for USA and Caribbean.
However, finding the funds to fulfill them will be a herculean task.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
The incident took place on Tuesday night and police have registered two cases based on complaints from students of the university.
Bangladesh have beaten India three times in the last four ODIs -- twice in a bilateral series in December 2022 and then in the Asia Cup.
Venture Capital investments are early-stage monetary investments made in new start-up firms that have a high growth potential.
Hurt India eye sweeping changes in approach against England's 'Bazball' in second Test
The Aligarh Muslim University on Tuesday found itself in the midst of a controversy over not allowing access to women undergraduates to the main library in the campus but the institution said it was due to space constraint and denied having a "sexist approach".
Ahead of his final Test match at his home arena of Sydney Cricket Ground (SCG), Australian opener David Warner reflected on the 2018 ball-tampering scandal in Cape Town.
Sri Lanka Cricket picked a 20-member squad for the white-ball series starting on January 3.
Can the subcontinent giants maintain their 12-year invincibility?
For India, Suryakumar would want to get a big one in his pet format and regain a bit of confidence that has eroded because of a lean patch in the ODIs.
The Nitish Kumar government appeared to be heading for a showdown with Bihar Governor Rajendra Vishwanath Arlekar as the Raj Bhavan reversed an order of the state administration to freeze bank accounts of two officials of Babasaheb Bhimrao Ambedkar Bihar University in Muzaffarpur.
The Central Bureau of Investigation has registered a case of alleged graft against former Vice Chancellor of Indira Gandhi National Open University for permitting two varsities to run distance-learning courses in violation of norms.
The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As per the changes in Rule 11UA of I-T rules, which comes into effect from September 25, the Central Board of Direct Taxes (CBDT) provides that the valuation of compulsorily convertible preference shares (CCPS) can also be based on the fair market value of unquoted equity shares. The amended rules also retain the five new valuation methods proposed in the draft rules for consideration received from the non-residents viz., (i) Comparable Company Multiple Method, (ii) Probability Weighted Expected Return Method, (iii) Option Pricing Method, (iv) Milestone Analysis Method, and (v) Replacement Cost Method.
Kerala Chief Minister Pinarayi Vijayan on Monday lashed out at Governor Arif Mohammed Khan for seeking resignation of vice chancellors of nine universities in the state.
Injury-hit Sri Lanka and South Africa seek winning start to World Cup
The Board of Control for Cricket in India (BCCI) announced a 15-member squad led by Hardik Pandya for the T20I series against West Indies.
The Junior Cricket Committee has picked India A squad for the upcoming ACC Men's Emerging Teams Asia Cup 2023 to be played from July 13th to 23rd in Colombo, Sri Lanka.
A memorial has been unveiled in Italy as a tribute to the Indian troops who fought in the Italian Campaign during the Second World War, officials said on Saturday.
Misfiring Indian bowlers in focus as India seek series-levelling win over SA in third T20I
The university's academic council in a meeting on Friday had passed a motion for the removal of the chapter titled Modern Indian Political Thought.
The Human Resource Development Ministry on Tuesday sought an explanation from the Aligarh Muslim University Vice Chancellor Zameer Uddin Shah over not allowing access to women undergraduates to the main library in the campus, with Minister Smriti Irani saying that it amounted to an 'insult to daughters'.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
'I was living in a fools' paradise, thinking I could win over anyone with my good intentions.'
A group of protesters, who were raising slogans against VC Maulana Ghulam Mohammed Vastanvi, disrupted classes and closed the main gate on Sunday evening, they said, adding two students were injured in the melee.
The South Africa series in that context is the last big international T20 series that India play followed by one against Afghanistan in mid-January.
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