Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
'We have gone through more than what any company will go through.'
Jaipur-based start-up Logic Roots aims to teach children math skills through board games.
He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
Shobha Warrier/Rediff.com travels to Pullampara to discover how it became India's first digital literate village.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
The new year will witness two unmanned missions under the "Gaganyaan" project, deep ocean exploration project, "Samudrayaan" and many more.
BlueRun Ventures and Nokia Growth Partners, two venture capital firms supported by Nokia Corporation, hope to invest in one or two Indian start-up companies every year, senior executives said on Tuesday.
Co-founders Vamshi Krishna Reddy and B Surya Shive Shanker of Apalya Technologies, which is betting big on live streaming of IPL matches till 2012 share their success mantras.
The prime minister took no names but made an apparent reference to reports about "rate card" for different government jobs in the Trinamool Congress-ruled West Bengal and prevalence of "cut money" in the state.
Mitra Biotech's personalised cancer therapy could be a game changer in the field of cancer medicine.
'All businesses have to be run for business, for profits on a sustainable basis. It may sound old school, but then I have been in business for 32 years and you can't change an old tiger's stripes.'
The total staff strength - once 1,100 - is now under 200.
In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past. In the first half of 2021-2022, FDI investments through these two nations stood at just $36 million.
In a development that has huge financial implications for existing as well as new operators, the Telecom Regulatory Authority of India has recommended fixing the price for 6.2 Mhz of pan-India start-up 2G spectrum at Rs 10,972.45 crore (Rs 109.724 billion), more than six times the present cost of Rs 1,658 crore (Rs 16.58 billion).
'Those who want stability in life have started looking at opportunities outside of the start-up ecosystem.'
Aparna Athreya is enriching the lives of kids, parents and individuals through the start-up Kid and Parent Foundation.
Depression is not just stress, nor is it only sadness. Depression is an illness.
The 6-metre tall launch vehicle Vikram-S is named after Vikram Sarabhai, the father of the country's space programme and lifted off at 11.30 am.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.
Sebi will join RBI and the government in their fight against bad loans.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
Indo-Pacific region. Senior officials from the ministries of External Affairs and Defence, and the US departments of Defence and State met here for the India-US 2+2 Inter-Sessional meeting.
One hundred and forty nine new individuals joined the rich list club of 1,103 Indians across 122 cities who cumulatively accumulated a wealth of Rs 100 trillion. Bengaluru -based Kaivalya Vohra, 19, of grocery delivery application Zepto is the youngest self-made and the youngest rich individual, according to IIFL Wealth Hurun India Rich List 2022. The report found 1,103 Indians with a networth of Rs 1,000 crore each - an increase of 62 per cent over five years. There are 221 billionaires (Rs 100 crore networth) in India on the 2022 list - down 16 compared with last year, while 13 people born in the 1990s made it to the list, all self-made.
Modi's emphasises on transit for trade comes amid Pakistan's reluctance to provide such a facility for two-way trade between India and Pakistan.
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
Bitten by the entrepreneurial bug, IIM alumnus Rahul Chigopkar jumped into one of the most lucrative area of 2011 in India- Deals. But what happened to IzziDeals? Rahul shares his experiences with us.
A few days back, Finance Minister Nirmala Sitharaman urged the start-up community and public to deal in cryptocurrency with caution because everything that was floating around was not currency. In the first week of August, the country's top nine crypto exchange platforms were summoned by the Directorate of Enforcement (ED) in Hyderabad. The exchanges were questioned for money laundering, especially over a number of Indian non-banking financial companies and their fintech partners for predatory lending practices in violation of the Reserve Bank of India (RBI) guidelines and by using tele-callers who misuse personal data and use abusive language to extort high interest rates from the loan takers.
Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals. In the first five months of CY22, the giant investor has invested $400-500 million in five deals.
US-based co-working operator WeWork, Lowe's India, SpiceJet and startups like CureFit stepped in to offer employment to the distressed workers at Jet.
'India's edtech and start-up story will be in danger.'
Some lessors have even taken the airline to court.
'A start-up with 100 people has reduced the strength to 60-80 people to reduce cost.' 'Even if there is attrition, they prefer not to replace them.'
Kiran Mazumdar-Shaw talks to Nikita Puri about her book Mythbreaker.
The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.
Tiger Global-backed Koo, an Indian alternative to Twitter, has laid off 30 per cent of its workforce of 260 employees in the last year as the budding firm, like many other start-ups in the country, battles global headwinds. "It's important for businesses of all sizes to adopt efficient and conservative approaches to see this period through. "In line with this, we have acted on some role redundancies by letting go of 30 per cent of our workforce over the course of the year," said a Koo spokesperson.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
'Our armed forces are prepared for any eventuality, and God forbid if the balloon goes up, people will get a bloody nose from us'
A young couple sharing a laugh - in the living room over a Polish joke book, on the beach, in the rain - with the tagline, "Made for each other", hung from billboards at prominent street corners from the 1960s to the 1990s. It was a campaign for one of the largest selling cigarette brands in India, Wills (Navy Cut) from the ITC stable, that resonated with a generation of smokers and non-smokers alike till the curtains came down on tobacco advertising in 2004. As we prepare to welcome 2024, ITC has metamorphosed from a tobacco giant into a conglomerate straddling multiple large-sized businesses. In the mind space of Gen Z or millennials, the company represents a gamut of branded products - from frozen food (ITC Master Chef), noodles (YiPPee!), and cookies (Sunfeast) to snacks (Bingo!) and notebooks (Classmate), and so on and so forth.
