Entities like CarDekho, Cartrade and a host of other online players went live even as Carnation, former Maruti managing director Jagdish Khattar's first entrepreneurial venture, was searching for the right business model, says Ajay Modi.
'In Bangladesh, I have played so many dynamic characters, be it a freedom fighter, a circus trapeze artist, sex worker, and many more.'
At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.
After nearly a year of murmurs that JM Financial and Morgan Stanley would go separate ways, they have, joined the swelling ranks of joint ventures that have fallen apart.
To tackle increasing demand, the Union Ministry of Power has urged central and state public-sector power-generating companies (gencos) and state power and energy departments to pick projects that are undergoing insolvency proceedings. The power ministry is looking at a quicker turnaround of these stressed power plants and enhancing power supply. Increasing demand is pushing states to scout for more power sources. "It is requested that state-owned gencos may be encouraged to participate in the corporate insolvency resolution process (CIRP) of stressed power assets, which are of strategic and commercial significance to the capacity addition plans of the states concerned.
The government on Friday proposed setting up a Rs 5,000 crore venture fund with SIDBI to enhance availability of equity to micro, small and medium enterprises.
Noel Rodriguez-Alvarez, who has special needs, was last seen in November shortly after his twin sisters were born in October last year.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
In a notice, IMD said, 'VSCS BIPARJOY over east-central Arabian Sea, lay centred at 0530hrs IST of 08th June, near lat 13.9N & long 66.0E, about 860km west-southwest of Goa, 910km southwest of Mumbai, would intensify further & move north-northwestwards.'
Travelling from airport to Navrangpura, at the heart of the city and then to Motera at the other corner, not for once did it feel like there is a marquee cricket match being hosted in the city, tickets of which are already sold out.
Shobha Warrier/Rediff.com travels to Pullampara to discover how it became India's first digital literate village.
South Korea's LG Electronics, which is scouting for a site to locate its next big venture in India, has decided to zero in on Haryana.
The queue for mutual fund (MF) licences has thinned down due to quick clearances by the Securities and Exchange Board of India (Sebi) alongside applications being withdrawn amid regulatory changes. There were, at the end of September, only two pending MF applications: By AngelOne and Unifi Capital. By comparison, there were 11 applications lying before the market regulator at the start of calendar year 2023.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
Incessant rains unleashed more death and destruction on Monday in parts of north India, with 37 people killed in landslides and other rain-related incidents in the last two days even as the Army and NDRF teams stepped in to intensify the relief and rescue operations.
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