No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Flipkart's appointment of Kalyan Krishnamurthy as CEO and Ola's choice of PepsiCo's Vishal Kaul for COO speaks to the growing trend of bringing in experienced professionals to run business. Karan Choudhury reports.
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
In order to promote the housing sector, Reserve Bank of India on Friday decided to rationalise risk weightage on housing loans, making the product attractive for both borrowers and lenders. With revision in the risk weightage, the requirement of capital provision for banks will come down. This will encourage banks to push housing loan products with attractive features.
Infibeam appointed Kothari as president, strategy, corporate development, international operations, and investor relations.
The Reserve Bank's rate-setting panel began its three-day deliberations on Monday to decide the next monetary policy amid expectations that the central bank will maintain status quo on the benchmark interest rate in the backdrop of global scare due to the new coronavirus variant Omicron. Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution on Wednesday. If the RBI maintains status quo in policy rates on Wednesday, it would be the ninth consecutive time since the rate remains unchanged.
The Reserve Bank's rate-setting panel, Monetary Policy Committee (MPC), began its three-day deliberations on Wednesday amid expectations of a status quo on benchmark rate mainly on account of uncertainty over the impact of the second wave of COVID-19 pandemic. Moreover, the fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announced on Friday. The RBI had kept key interest rates unchanged at the last MPC meeting held in April.
Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".
These cities are -- Mumbai Metropolitan Region (including Navi Mumbai & Thane), Pune, Noida (including Greater Noida & Yamuna Expressway), Gurugram (including Bhiwadi, Dharuhera & Sohna), Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad.
It is all about hitting the ball high and timing it right.
His tryst with investing in start-ups began when his juniors started approaching him for guidance and capital.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
Online portals have become the preferred tool.
"Our company is a lot bigger than the 100+ IIT people we have on board. We know that talent lies in the person and not in their college degree, and we're looking on and off-campus to hire talented people from around the world," says Advitiya Sharma, an IIT-Bombay graduate, and co-founder & marketing head of Housing.com.
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
Nikesh Arora is indeed paid a lot, networks hard, and has made some punchy bets.
Pune, Noida, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a decline in sales as well as launches, while only two cities, Mumbai and Gurugram, saw a rise in demand and supply.
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
Relations between founders and investors in the start-up universe - remains as tricky as ever.
Company to invest in 30 companies in the next three months and wants a portfolio of 70 firms by the end of FY17
Managing human resources remains a major and under-appreciated challenge for most start-ups.
Launches of new homes reduced drastically this year.
Vikramank Singh looks back at the year gone by!
Arora will resign less than two years since he joined the Japanese Internet conglomerate
Nikesh Arora is one of the highest-paid business leaders globally.
A couple of log-in steps that essentially require you to share your personal details and preferences and your account is ready.
Consolidation is happening because of a prolonged slowdown in residential sales which has also brought down the business of brokerages.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Start-ups are offering eye-popping salaries to IIT grads like never before.
Being a start-up backed by marquee funds will no longer be enough to seek a placement slot at the Indian Institutes of Technology.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
Indian-origin British author Sunjeev Sahota is among the 13 authors longlisted for the prestigious 2021 Booker Prize for fiction for his novel China Room, alongside Nobel laureate Kazuo Ishiguro and Pulitzer Prize winner Richard Powers.
While sale of residential properties increased only marginally despite plethora of steps taken by the government through the year, office space leasing rose 40 per cent to touch an all-time high of 46.5 million sq ft -- a trend that drew investors to lap up India's first Real Estate Investment Trust at an issue size of nearly Rs 5,000 crore.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
