News for 'Global Community on Growth'

From layoffs to cost-cutting, start-ups brace for long funding winter

From layoffs to cost-cutting, start-ups brace for long funding winter

Rediff.com28 Oct 2022

On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.

'Amazon has an outsize impact on India'

'Amazon has an outsize impact on India'

Rediff.com3 Jul 2021

'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'

10 unique skills Indian students MUST have

10 unique skills Indian students MUST have

Rediff.com14 Jan 2020

Teamwork, critical thinking, networking, collaboration and adaptability are among a few soft skills that will enable our students to tackle challenges in life as well as at their workplaces, says Rustom Kerawalla.

Software startup Postman's valuation tops $5.6 bn after $225 mn fundraise

Software startup Postman's valuation tops $5.6 bn after $225 mn fundraise

Rediff.com19 Aug 2021

Postman, a leading application programming interface platform, has secured $225 million in a Series D round, placing its valuation at $5.6 billion. With this, Postman has emerged as the most-valued software-as-a-service (SaaS) firm started by Indian founders, overtaking web and mobile testing firm BrowserStack, which was valued at $4 billion in June. The valuation of the San Francisco-headquartered firm with offices in Bengaluru, where it was founded, has almost trebled in just about one year and risen multi-fold since 2019. Postman, with team members spread across four continents, had secured $150 million in a Series C investment round led by Insight Partners at a $2-billion valuation last summer.

Google extends deadline for developers in India

Google extends deadline for developers in India

Rediff.com10 Dec 2021

Google on Friday said it is deferring the deadline for developers in India to integrate with its Play billing system from March 2022 to October next year. In October last year, the company had announced March 31, 2022 as the deadline for developers in India to integrate with Play's billing system. A Google spokesperson on Friday said the extension has been done in view of the changes to India's recurring digital payments guidelines.

Ban on H-1B visas to hit innovation, investment: America Inc

Ban on H-1B visas to hit innovation, investment: America Inc

Rediff.com23 Jun 2020

Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.

Achhe Din is here for the growth of Indo-US trade

Achhe Din is here for the growth of Indo-US trade

Rediff.com6 Jun 2016

Both Obama and Modi have taken bold steps towards laying the groundwork to give a big push to Indo-US trade, and now it's time to execute, says Bikash Mohapatra.

Indian green economist wins 'environment Nobel'

Indian green economist wins 'environment Nobel'

Rediff.com28 Jan 2020

Renowned Indian environmental economist and UN Environment Programme (UNEP) goodwill ambassador Pavan Sukhdev has won the 2020 Tyler Prize, regarded as the 'Nobel Prize for the Environment', for his ground-breaking "green economy" work. Sukhdev, 59, who will receive the award alongside conservation biologist Gretchen Daily, has been acknowledged for his work on bringing the economic consequences of environmental degradation and loss to the attention of corporate and political decision-makers.

Is India Politicising The Womb?

Is India Politicising The Womb?

Rediff.com15 Dec 2021

It doesn't make sense to view the womb through the prism of religion, community and tradition, warns Shyam G Menon.

Govt dismantling India's environment rules: Sonia

Govt dismantling India's environment rules: Sonia

Rediff.com13 Aug 2020

The draft environment impact assessment (EIA) notification, 2020, which involves the procedure of issuing environmental clearances to various projects, was issued by the Environment Ministry in March this year and has received thousands of suggestions from the public.

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Start-ups, venture capitalists offer funds to tackle Oxygen scarcity

Rediff.com26 Apr 2021

Amid oxygen shortage and a faltering health system in the country, India is seeing over 300,000 cases daily.

Cryptocurrencies: 'Invest for long-term'

Cryptocurrencies: 'Invest for long-term'

Rediff.com3 Jun 2021

'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'

Meet ICC's new chief executive

Meet ICC's new chief executive

Rediff.com15 Jan 2019

The International Cricket Council, on Tuesday, appointed media professional Manu Sawhney as its new chief executive officer, replacing incumbent David Richardson, who will step down after the World Cup.

Maha teacher wins $1mn for promoting girls' education

Maha teacher wins $1mn for promoting girls' education

Rediff.com3 Dec 2020

Disale announced that he will be sharing 50 per cent of his prize money with his fellow finalists to support their "incredible work".

UNGA address: PM likely to focus on climate change, anti-terror measures

UNGA address: PM likely to focus on climate change, anti-terror measures

Rediff.com27 Sep 2019

Prime Minister Modi held a number of bilateral meetings with top world leaders like United States President Donald Trump and German Chancellor Angela Merkel ahead of his UN address.

Hackathon major plans to set up US ops in 2019

Hackathon major plans to set up US ops in 2019

Rediff.com8 Dec 2018

While HackerEarth has clients and developers globally, the US consists more than a third of the revenue stream, and plans to ramp it up to 60 per cent of the total share.

Brooklyn-based Etsy eyes next stage of India story

Brooklyn-based Etsy eyes next stage of India story

Rediff.com13 Oct 2018

While e-commerce sites rush to meet mass demand, Etsy is positioning itself more as a community of artisans where buyers can seek uncommon and unique products rather than mass-produced discounted products.

Women's T20 cricket included in 2022 Commonwealth Games

Women's T20 cricket included in 2022 Commonwealth Games

Rediff.com13 Aug 2019

Cricket's last appearance at the Games was at Kuala Lumpur in 1998, when a South African team featuring Jacques Kallis won the men's 50-over competition.

Reliance is net-debt free after fund raising: Mukesh Ambani

Reliance is net-debt free after fund raising: Mukesh Ambani

Rediff.com19 Jun 2020

Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue.

Why Modi's Gujarat model has failed

Why Modi's Gujarat model has failed

Rediff.com9 May 2021

As India suffers and the ruling party is on the defensive, the truth is that the only way that this wave will pass is if exponential growth of the virus stops on its own, asserts Aakar Patel.

RIL Q4 net profit more than doubles

RIL Q4 net profit more than doubles

Rediff.com30 Apr 2021

Reliance Industries on Friday reported more than doubling of its March quarter net profit to Rs 13,227 crore as improvement in petrochemical and consumer business countered continued weakness in refining business.

Big Tech invests $1.82 bn in Indian startups so far this year

Big Tech invests $1.82 bn in Indian startups so far this year

Rediff.com8 Nov 2021

Their startup investments number 13 so far, compared to 17 deals in 2020.

Do Modi's ministers understand business?

Do Modi's ministers understand business?

Rediff.com31 Jan 2020

Piyush Goyal's comments about Amazon founder Jeff Bezos's investment in India reveals an inability to understand how businesses function, says Kanika Datta.

India to provide many more Covid vaccines: PM in WEF address

India to provide many more Covid vaccines: PM in WEF address

Rediff.com28 Jan 2021

India will soon make available many more COVID-19 vaccines to other countries after two Made-In-India jabs have already been introduced to the world, Prime Minister Narendra Modi said on Thursday while emphasising the country's global responsibility in fighting the pandemic.

'BJP is prepared to take strong decisions'

'BJP is prepared to take strong decisions'

Rediff.com26 Sep 2022

'In AAP, those who are in charge of a particular state provide information to Arvind Kejriwal. 'In the BJP, several organisations convey what is happening on the ground to the top leadership.' 'There are so many channels through which issues are being understood.'

How To Get LinkedIn To Work For You

How To Get LinkedIn To Work For You

Rediff.com7 Mar 2022

Whether you are a fresh graduate, self-employed, an entrepreneur or a CXO, using LinkedIn strategically can put your career on an upward trajectory.

Climate change fight affordable, cut emissions to zero: UN

Climate change fight affordable, cut emissions to zero: UN

Rediff.com3 Nov 2014

So far, major emitters are far from curbs on emissions on a scale outlined by the IPCC.

Apple cuts App Store commission to 15% for small businesses

Apple cuts App Store commission to 15% for small businesses

Rediff.com18 Nov 2020

Tech giant Apple on Wednesday said it has slashed its App Store commission by half to 15 per cent for small businesses earning up to $1 million (about Rs 7.4 crore) per year on the platform. In the past, tech majors Apple and Google have been criticised for the high commissions charged from app developers. Apple, in a statement, said the new developer programme will accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of groundbreaking apps on the App Store.

It's clear, regulatory woes can't kill online gaming in India

It's clear, regulatory woes can't kill online gaming in India

Rediff.com14 Nov 2021

Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.

Modi's many foreign policy challenges

Modi's many foreign policy challenges

Rediff.com7 Nov 2019

'Modi's initial forays into foreign policy had the flavour of Aswamedha Yagas launched by ancient kings to conquer the world.' 'He overcame the hesitations of history and explored unconventional ways to win friends and influence people.' A fascinating excerpt from Ambassador T P Sreenivasan's new book, Modiplomacy -- Through a Shakespearean Prism.

Modi to launch 'Make in India' campaign on Sep 25

Modi to launch 'Make in India' campaign on Sep 25

Rediff.com18 Sep 2014

Hundreds of global and domestic CEOs are expected to attend the function at Vigyan Bhavan in New Delhi, an official said.

Remittances to India likely to see 23% drop: World Bank

Remittances to India likely to see 23% drop: World Bank

Rediff.com23 Apr 2020

Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.

Das once again urges banks to link loans, deposits to repo rate

Das once again urges banks to link loans, deposits to repo rate

Rediff.com19 Aug 2019

Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.

COVID-19 here to stay till 2021: Health experts

COVID-19 here to stay till 2021: Health experts

Rediff.com27 May 2020

Coronavirus is a '12-18 months' problem and the world is not going to be free of this till 2021, says Professor Ashish Jha.

Singapore Exchange to trade Nifty Options from July 16

Singapore Exchange to trade Nifty Options from July 16

Rediff.com19 Feb 2018

The Nifty Options would add to SGX's suite of Asian equity derivatives, which include SGX S&P CNX Nifty futures, the dominant Indian product for international participants.

Volatility? Don't be scared, says Rajan

Volatility? Don't be scared, says Rajan

Rediff.com4 Sep 2015

IMF chief said the G20 leaders need to respond to the calls for creating jobs.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Goal is to recover pre-crisis momentum: Pranab

Goal is to recover pre-crisis momentum: Pranab

Rediff.com4 May 2012

The Finance Minister said despite adverse international environment, India managed to maintain GDP growth rate of about 7 per cent in 2011-12.

Xi offers help to Trump to combat COVID-19

Xi offers help to Trump to combat COVID-19

Rediff.com27 Mar 2020

Trump spoke to Xi over telephone, days after the US president angered Beijing by referring to the coronavirus as "Chinese virus" and his Secretary of State Mike Pompeo said China's ruling Communist Party poses a substantial threat" to Americans' health and their way of life.

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Enforcing A Ban On Cryptos Is IMPOSSIBLE

Rediff.com24 Nov 2021

Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.