The Rs 600-crore (Rs 6-billion) fund wants to become a global-style limited-partnership investor. It was a venture capital fund formed after much thought and attention to detail, like almost all the moves.
Infosys' Chief Mentor NR Naryana Murthy has hired Arjun RamegowdaNarayanaswamy to manage his Rs 600-crore (Rs 6 billion) venture capital (VC) fund -- Catamaran.
Ola and Uber have committed to spending Rs 15,000 cr to win the taxi market.
The state governments of Karnataka and Maharashtra have also moved to exert more control on app-based taxi aggregators.
A draft policy will be issued for public consultation in the coming weeks.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
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