'Indian government is very keen to attract talent back, particularly for all the new institutions that it is building in the field of higher education.'
One needs to bring differentiation to succeed: Murthy
No region of the United States has been more affected by this trend than Silicon Valley.
A 30-member delegation of venture capitalists will visit India with a view to understand and explore the country's economic scenario.
National Association of Software and Service Companies on Monday condemned the arrest of e-commerce portal Baazee.com's CEO Avnish Bajaj in the Delhi Public School MMS scandal.
Valli Chettiar, charter member of The Indus Entrepreneur, Vancouver feels the Pravasi Bharatiya Divas was a wasted effort.
Listening to Narayana Murthy and Prannoy Roy talk was a scintillating experience.
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TiE team discusses Research Innovation Circle of Hyderabad programme, floated by previous state govt.
The focus at TiE, Hyderabad is to nurture and guide the next generation of business leaders. Our objective is to showcase the TiE-ISB Connect as the most preferred hub of all innovative entrepreneurial activity.
Chowdhary holds forth on the entrepreneurial activity in India, what TiE is doing to promote entrepreneurship and advises aspiring entrepreneurs.
In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.
Winners were chosen from 200 applicants; made a pitch to 10 investors for Rs 10 lakh funding each against 8% equity.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
After New York and Washington DC, Jaitley would head for California.
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.
In a first step towards succession plan, Chennai-based fast-moving consumer goods (FMCG) major CavinKare on Monday announced the restructuring of its businesses and also roped in the generation next giving charges of separate business verticals. Announcing the restructuring on Monday, CK Ranganathan, chairman and managing director of CavinKare indicated that the business will be split into mainly four different streams - FMCG, ecommerce, retail and research and development.
Non-profit Code for India, which inspires techies to volunteer their time and talent to the developing world, on Thursday announced that parallel India-US hackathon will be held at the Google campuses in Bangalore and in Mountain View, California.
"AAP has done a fabulous job highlighting corruption and governance issues and have a good platform for that, but their economic platform is very scary," Venktesh Shukla, president, The Indus Entrepreneurs Silicon Valley, the largest TiE chapter, told Rediff.com. "Valley investors are watching India minutely; the next few months are very crucial for Silicon Valley investors."
Dayakar Pushkoor, founder partner of Naya Ventures, an early stage venture capital firm, lists what young aspiring entrepreneurs should know and do before they start-up and how they can raise money from VCs.
It was a common perception in the US that Indians didn't know how to lead a company or delegate authority.
Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.
His 7-day long trip to the United States starts on June 17.
The message from the TiE conference was to take the economic downturn as an opportunity to listen and learn from the customers and for budding entrepreneurs to commence their ventures.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
Ten young under-40 innovators and entrepreneurs of South Asian origin will be given the Global Indus Technovators Awards at a ceremony at MIT on Monday.
'We are calling for democratic accountability even as we talk about Digital India.' 'We are not against Digital India and it is important for India, but the government should not see what is applicable just to entrepreneurs but also to the vast majority of Indians who do not have the kind of advantages that many Silicon Valley entrepreneurs have.'
The Quorum in Mumbai aims to introduce and extend its blend of hospitality and philosophy of being community-led, content-driven, design-focused and experiential.
'Every educational institution should have incubating centres so that students will get exposed to entrepreneurship early.'
'For showing us a shining vision of how even a ceremonial role can be infused with life by a patriot, a scientist and a humble man of the people, representing the best of India's pluralist ethos, we will remember Dr Kalam.'
Outsourcers will not migrate to China because of the sheer talent and English language proficiency in India, says Arun Seth, chairman, British Telecom India.
NRI achieves feel that with globalisation, more and more bright young Indians will opt to stay back in India to further their academic dreams.
'Silicon Valley is the best model for driving growth and innovation. Meeting the right people who care about India is a fantastic step. India today stands out as the large potential global economy for growth.'
Some time before December 31, 2017, Bengaluru based Team Indus aims to land a vehicle on the moon.
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