'We have to stop thinking about GDP and look at the impact on output and unemployment.' 'And that is not going to be insignificant.'
The Bengaluru-based firm competes with US rival Uber whose lukewarm IPO last year has contributed to the lag in valuation trend among the unicorns across the Indian start-up ecosystem.
Krishna's appointment as head of the global IT giant adds to the growing list of Indian-origin executives at the helm of some of the biggest multinational companies. Krishna joins the club that includes Microsoft CEO Satya Nadella, Google and Alphabet CEO Sundar Pichai, MasterCard CEO Ajay Banga, PepsiCo's former CEO Indra Nooyi and Adobe CEO Shantanu Narayen.
'I consider myself a pilgrim who is here to shape tomorrow.'
Growth-oriented technology companies have raised Rs 15,000 crore through initial share sales in the last 18 months and IPOs worth around Rs 30,000 crore by such firms are in the pipeline, Sebi chairman Ajay Tyagi said on Thursday. "Growing number of unicorns in the startup ecosystem is a testimony of the new age tech companies coming of age in our economy. These companies often follow a unique business model focusing more on rapid growth than immediate profitability," Tyagi said at an event organised by industry body CII. During the last 18 months, growth-oriented technology companies have raised a sum of around Rs 15,000 crore through IPOs (Initial Public Offerings).
The assets are estimated to be worth over Rs 6,000 crore.
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
The promoters who own the Leela brand will also be transferring the label to Brookfield for all hospitality businesses.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
In an address at a leading think-tank in Paris, Shringla mentioned two recent terrorist incidents in France, one of which he said had its origins in Pakistan, noting that the civilised world needs to act with firmness to address the threat of terrorism.
Speaking at the 33rd convocation of the business school in Bangalore, Reliance Industries Chairman Mukesh Ambani said IIM-B graduates could make a change in the world of business. He said ethical values and moral leadership are dwindling in Indian businesses and IIM graduates should strive to fill the void of moral leadership. He stated that IIMs provide global leaders in today's knowledge economy. He also said IIM graduates have high calibre and India is benefitting from it.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
The Indian Institute of Management-Kozhikode invites would-be entrepreneurs, start-ups and incubators to showcase their business ideas at IDEA 2006 and win Rs 2,00,000.
CIBIL provides credit information about individual customer and business entities that helps banks in taking decision on sanctioning credit to any customer.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
Real estate experts say rentals have corrected by 5-10 per cent across formats, including office, retail and housing, with a pick-up expected over the next few quarters as the economy recovers.
TCS' brand value grew 286 per cent from $2.3 billion in 2010 to $9.04 billion in 2016
The proposed investment will be made over a period of five years in our India operations, which includes an R&D facility at Pune and another centre at Vadodara.
Bigbasket's founder V S Sudhakar said his company was reengineering its supply chain to allow for faster delivery to its resellers and to reduce the time from farm to customer.
Enactment of Insolvency and Bankruptcy Code has been instrumental in pushing up India's ranking in the 'Doing Business' report
Defending its three-capital decision, the government said since inception in 1956 the state had failed to integrate people from all regions, reports B Dasarath Reddy.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
Is this a classic case of throwing the baby out with the bath water?
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
'The prospect is of a self-confident and self-sustaining India will make it a more effective player in the global arena,' External Affairs Minister Dr Subrahmanyam Jaishankar points out delivering the Sardar Patel Lecture-2020: India and the Post-Covid World.
A well-know journalist, Kumar, 44, a senior executive editor with NDTV India, is among five winners of the Asia's prestigious award.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay.
RRBs were formed under an Act to provide credit to small farmers, agricultural labourers and businesses in rural areas.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
Upskilling would not only improve chances of employability but would also increase the scope of jobs based on skills they have acquired over a period of time, says Akhand Swaroop Pandit, co-founder and CEO, The Catalyst Group.
A good business school will put you through a battery of tests to improve your soft skills, says Dr Tarun Pasricha.
'We will do whatever is necessary when the day and moment arrives.' 'As a party which has ruled Maharashtra for most of its existence, we also have our base and turf to protect.'
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
...and getting GDP to measure India's data economy, recommends Ajit Balakrishnan.
Corporate India's deal activity in the period between January till March this year was better than last year.
