News for 'Foundation Capital'

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Rediff.com4 Apr 2025

Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".

Move over Pant, Samson: KL Rahul tipped as India's No 1 keeper

Move over Pant, Samson: KL Rahul tipped as India's No 1 keeper

Rediff.com28 Apr 2025

Delhi Capitals mentor Kevin Pietersen believes that KL Rahul is the best option to bat at number four and keep wickets for India in the next T20 World Cup.

Godrej Properties on solid growth foundation amid strong pre-sales

Godrej Properties on solid growth foundation amid strong pre-sales

Rediff.com6 Jul 2024

Godrej Properties (GPL) reported strong pre-sales of Rs 22,500 crore in FY24, up 84 per cent year-on-year (Y-o-Y). The performance was led by new launches, which increased 65 per cent to Rs 23,000 crore in FY24, and contributed 70 per cent to total pre-sales. The sales volume increased 31 per cent Y-o-Y to 20 million square feet (msf), while realisation rose 40 per cent Y-o-Y, driven by contribution from high-realisation markets of National Capital Region (NCR) Delhi and Metropolitan Mumbai Region (MMR) and positioning in the premium segment.

Modi to lead 11th International Yoga Day celebrations from Visakhapatnam

Modi to lead 11th International Yoga Day celebrations from Visakhapatnam

Rediff.com20 Jun 2025

The theme for this year is "Yoga for One Earth, One Health" echoes India's vision of global wellness.

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

'People feel unsafe even in their homes'

'People feel unsafe even in their homes'

Rediff.com10 May 2025

Pakistan's drone strikes and mortar shelling targeted six locations in Jammu, including the densely populated Rehari Colony, leaving one person injured and causing widespread damage. Residents described scenes of devastation and expressed fear, while others voiced defiance and called for action against Pakistan. The attacks, which occurred early Saturday, have been condemned by Jammu and Kashmir's Chief Minister Omar Abdullah as the "worst targeting of civilians in Jammu city since 1971."

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

Sirens blare as mock drills conducted across country

Sirens blare as mock drills conducted across country

Rediff.com8 May 2025

India conducted nationwide civil defence mock drills simulating multiple hostile scenarios like air raids, fire emergencies, and rescue operations across several states and union territories. The drills, dubbed 'Operation Abhyaas,' aimed to enhance emergency preparedness in light of recent terror attacks. The exercises involved coordinated efforts by various agencies, including civil defence personnel, police, fire and emergency services, and the military. Mock drills were conducted at various locations, including railway stations, malls, and high-rise buildings, showcasing the response capabilities of authorities in different emergency scenarios. The drills highlighted the importance of public awareness and cooperation in dealing with real-time emergencies.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

Committed mistake twice, will never leave NDA again: Nitish to Shah

Committed mistake twice, will never leave NDA again: Nitish to Shah

Rediff.com30 Mar 2025

A BJP ally since the mid-90s, Kumar split with the party in 2014, only to realign three years later. In 2022, he again parted ways, vowing to dislodge the BJP from power at the Centre and bring together parties from across the country to form the INDIA bloc.

'India one of the attractive markets for AI-led solutions'

'India one of the attractive markets for AI-led solutions'

Rediff.com16 Apr 2025

'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'

What Went WRONG with LSG?

What Went WRONG with LSG?

Rediff.com20 May 2025

It was Rishabh Pant's brief, unconvincing stint at the crease that starkly epitomised his season-long struggle

New York City declares April 14 as Dr BR Ambedkar Day

New York City declares April 14 as Dr BR Ambedkar Day

Rediff.com15 Apr 2025

Deputy Commissioner for the New York City Mayor's Office for International Affairs Dilip Chauhan made the announcement in the presence of Minister of State for Social Justice and Empowerment Dr Ramdas Athawale, who delivered the keynote address at a special event organised at the UN headquarters on Monday to commemorate Dr Ambedkar's 134th birth anniversary.

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Only God or Modi can...: BJP's Bidhuri in Lok Sabha

Rediff.com3 Feb 2025

Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.

OpenAI CEO Sam Altman calls India a potential AI leader

OpenAI CEO Sam Altman calls India a potential AI leader

Rediff.com5 Feb 2025

Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.

What Our Leaders Were Up To

What Our Leaders Were Up To

Rediff.com3 Jan 2025

Glimpse what our politicians were doing at the beginning of 2025.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

Before The Trump Inauguration...

Before The Trump Inauguration...

Rediff.com20 Jan 2025

Hours before the Trump Inauguration.

WPL 2023: Meg Lanning to lead Delhi Capitals

WPL 2023: Meg Lanning to lead Delhi Capitals

Rediff.com2 Mar 2023

Ahead of the inaugural season of the Women's Premier League, Delhi Capitals named Meg Lanning as skipper and Jemimah Rodrigues as vice-captain.

Old Foe Rahul Gives CSK Another Lesson

Old Foe Rahul Gives CSK Another Lesson

Rediff.com6 Apr 2025

In 16 matches (15 innings) against CSK, he has amassed 630 runs at an average of 45 and a strike rate of 142.85, including six fifties.

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Rediff.com19 Jan 2024

The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.

How India can become a high-income country by 2047

How India can become a high-income country by 2047

Rediff.com28 Feb 2025

India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.

RIL to pump Rs 1.5 trn into petro, new energy

RIL to pump Rs 1.5 trn into petro, new energy

Rediff.com28 Apr 2025

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

Govt May Save Over Rs 70K Cr In FY25

Govt May Save Over Rs 70K Cr In FY25

Rediff.com20 Jan 2025

The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.

Sanju Samson Is Royals' Biggest Asset

Sanju Samson Is Royals' Biggest Asset

Rediff.com20 Mar 2025

In a league defined by change, Sanju Samson's steadfast presence offers a sense of stability and a genuine chance for the Royals to finally reclaim their long-awaited title

IPL 2025 PIX: Clinical Gujarat Titans rout KKR to stay top of IPL

IPL 2025 PIX: Clinical Gujarat Titans rout KKR to stay top of IPL

Rediff.com22 Apr 2025

Gujarat Titans handed defending champions Kolkata Knight Riders an emphatic 39-run loss in the IPL 2025 match in Kolkata on Monday.

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

Salvaging Marx From The 'Marxists'

Salvaging Marx From The 'Marxists'

Rediff.com15 Mar 2025

'If we truly wish to understand and apply Marx's insights today, we must reject the rigid dogmas that later 'Marxists' imposed in his name.'

What's next for AAP after Delhi rout

What's next for AAP after Delhi rout

Rediff.com9 Feb 2025

Whether AAP bounces back or fades into political oblivion will depend on its strategy in the coming months.

G20 Summit: Startups hope Delhi Declaration to help ease capital access

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Rediff.com11 Sep 2023

The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.

Modi lays foundation stone for new airbase near Pakistan border

Modi lays foundation stone for new airbase near Pakistan border

Rediff.com19 Oct 2022

Prime Minister Narendra Modi on Wednesday laid the foundation stone of a new airbase coming up in north Gujarat near India-Pakistan border and said it will emerge as an effective centre for the country's security.

I could've built sheesh mahal: PM slams AAP as 'aapda'

I could've built sheesh mahal: PM slams AAP as 'aapda'

Rediff.com3 Jan 2025

Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.

IPL 2025: 13-YO from Bihar becomes youngest crorepati

IPL 2025: 13-YO from Bihar becomes youngest crorepati

Rediff.com25 Nov 2024

In an extraordinary moment at the IPL 2025 Auction, 13-year-old batting prodigy Vaibhav Suryavanshi became the youngest crorepati of the season.

Last-ball thriller: DC stun MI in WPL nail-biter

Last-ball thriller: DC stun MI in WPL nail-biter

Rediff.com15 Feb 2025

Delhi Capitals produced a splendid bowling effort before their batters, led by Niki Prasad, survived some anxious moments to register a narrow two-wicket win over Mumbai Indians in a last-ball thriller in the Women's Premier League

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Ambedkar's legacy sparks fierce political clash on his birth anniversary

Rediff.com15 Apr 2025

The birth anniversary of Dr Bhimrao Ramji Ambedkar, whose political influence has surged with the passage of time, on Monday was marked by bitter trading of charges between the ruling BJP and opposition parties as they fought for his legacy.

Ram Navami celebrated across country amid tight security in many states

Ram Navami celebrated across country amid tight security in many states

Rediff.com6 Apr 2025

Temples across Uttar Pradesh were packed with devotees on Sunday for Ram Navami, with Chief Minister Yogi Adityanath leading prayers at the Gorakhnath Temple. Heavy crowds were witnessed at temples in Lucknow, Gorakhpur, and Varanasi, where security was heightened. In Gorakhpur, Adityanath performed the traditional kanya pujan ritual, while in Varanasi, a 51-foot statue of Lord Ram has become a major attraction. The festival was celebrated with enthusiastic fervor across the state.

'Don't Trade In Stocks Based On Emotions'

'Don't Trade In Stocks Based On Emotions'

Rediff.com24 Jan 2025

''It's crucial to adhere to your trading plan, even when faced with emotional turmoil.' 'The market can be incredibly volatile and it's easy to get swayed by fear and greed.'