News for 'Foundation Capital'

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.

'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 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.

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.

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.

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

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.

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.

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.

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.

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'.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

'We Need More AI Researchers'

'We Need More AI Researchers'

Rediff.com16 Jul 2024

'20 per cent of the global AI researchers are of Indian origin, and we should bring them back.'

IPO boom: Record Rs 1.6 lakh cr raised in 2024

IPO boom: Record Rs 1.6 lakh cr raised in 2024

Rediff.com22 Dec 2024

Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures

'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.'

Mamata convenes special session to pass anti-rape law

Mamata convenes special session to pass anti-rape law

Rediff.com29 Aug 2024

A two-day special session of the West Bengal assembly was convened by the government on September 2 to table and pass a Bill which would provide for capital punishment to convicted rapists, Parliamentary Affairs minister Sovandeb Chattopadhyay said. The Bill would be tabled for discussion and passage on Tuesday, the second day of the special session, Speaker Biman Banerjee said.

How India celebrated its first Republic Day in 1950

How India celebrated its first Republic Day in 1950

Rediff.com26 Jan 2025

Huge tri-colour-themed banners have been put up along the Kartavya Path while the theme for this year's tableaux that would roll down the boulevard where the annual Republic Day celebrations take place is 'Swarnim Bharat: Virasat aur Vikas', focusing on 75 years of the enactment of the Constitution.

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.

CT 2025 PIX: NZ crush SA; set up final vs India

CT 2025 PIX: NZ crush SA; set up final vs India

Rediff.com5 Mar 2025

IMAGES from the Champions Trophy second Semi-final between New Zealand and South Africa played at the Gaddafi Stadium, Lahore on Wednesday

Will Nirmalaji Be Generous To Bihar?

Will Nirmalaji Be Generous To Bihar?

Rediff.com30 Jan 2025

If it was Andhra Pradesh last Budget, it's poll-bound Bihar that has now turned to Centre with a list of demands. How the NDA government is delivering on promises.

Buying Under-Construction Property? Read This!

Buying Under-Construction Property? Read This!

Rediff.com11 Mar 2025

The biggest risk in under-construction projects is delay and non-completion.

'Budget's Main Objective Was To Honour Taxpayers'

'Budget's Main Objective Was To Honour Taxpayers'

Rediff.com5 Feb 2025

'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

Allegro Capital barred from mkts for insider trading in Biocon shares

Allegro Capital barred from mkts for insider trading in Biocon shares

Rediff.com9 Jul 2021

Sebi has barred Allegro Capital and one of its senior executives from the securities market for one year in a case related to alleged insider trading activities in the shares of Biocon. Besides, the market watchdog has directed them to disgorge wrongful gains along with interest. The amount would be more than Rs 24 lakh. Allegro Capital and its director as well as major shareholder Kunal Ashok Kashyap have been fined Rs 10 lakh each, according to an order by Sebi dated July 8.

Ahead of Modi-Trump meet, India revamps tariff structure

Ahead of Modi-Trump meet, India revamps tariff structure

Rediff.com11 Feb 2025

Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.

Kolkata rape-murder: Sorry, says Mamata Banerjee

Kolkata rape-murder: Sorry, says Mamata Banerjee

Rediff.com28 Aug 2024

West Bengal Chief Minister Mamata Banerjee on Wednesday expressed her grief and solidarity with the family of a trainee doctor, who was sexually assaulted and murdered at Kolkata's RG Kar Medical College and Hospital on August 9.

Startups Funding On Path To Recovery

Startups Funding On Path To Recovery

Rediff.com28 Nov 2024

Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities.