Laxmi Sorte and Kaustav Ghosh are on a 101-day road trip across India to support and encourage local businesses affected by the pandemic.
'As an international student, I am constantly living in fear.' 'You're always on guard as to what will happen next.'
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
Fundraising activity in the upcoming financial year 2022-23 may even surpass FY22 when 52 Indian companies raised a record Rs 1.11 trillion via initial public offerings (IPOs). According to a note by PRIME Database, 54 companies (including LIC) plan to raise Rs 1.4 trillion and currently hold the Securities and Exchange Board of India's (Sebi's) approval. Another 43 companies, the note said, are looking to raise about Rs 81,000 crore but waiting for Sebi nod.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
Titan is investing heavily on research and development, which will do things beyond a smart watch can do today such as switching off lights, locking, and unlocking doors and making payments. Titan is also working closely with start-ups, too, to develop such futuristic features.
Karan Choudhury asks Uber India president Amit Jain what the company's global problems mean for its India operations.
'How does it matter to me if a foreigner comes, starts an industry and makes India a $5 trillion economy when I am dead?'
Indrani was spiritedly telegraphing details of the jewellery from the back of the court...
The focus of the Union Budget is on providing basic amenities to the poor, middle class and youth, Prime Minister Narendra Modi said on Wednesday, and asserted that it is imperative that India becomes self-reliant.
All along, Rahul, right till today 10 years later, hung onto his gut feeling that something surely had happened to Sheena.
'The whole country has to aspire to move up. They should look at their neighbours, see where they are, and should work to get there.'
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.
Fresher hiring is expected to more than double compared to last year.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
Anand Chandrasekharan, CTO of Mad Street Den tells Shobha Warrier of Rediff.com that he wants to make his company the one-stop artificial intelligence company in the world.
Budding cricketers are not the only ones getting inspired by Mahendra Singh Dhoni's iconic helicopter shot as it has now become the inspiration for artisanal chocolates launched on Tuesday by food and beverage start-up 7InkBrews, where the former India captain is also a shareholder.
A Siliguri-based hotelier has challenged a National Company Law Appellate Tribunal (NCLAT) ruling that closed insolvency proceedings against OYO and one of its units, in the Supreme Court. The hearing is scheduled for September 13 before a two-judge Bench. Oyo did not immediately respond to a request for comment.
When is the last time our government recognised a twenty something entrepreneur for introducing a break-out innovation?
Sixty such offers have been made on Day 1 of the placement drive.
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
Indian startups received a record funding of $10.9 billion across 347 deals in the third quarter of 2021, according to a PwC India report. This is twice the amount of funding received in Q3 of the calendar year 2020 and an approximate increase of 41 per cent compared to the second quarter of 2021. An increase in funding activity was witnessed across all sectors in terms of value and volume.
The Indian government and private firms have stepped up efforts to develop a vaccine to halt the spread of COVID-19 which has claimed over 3,700 lives with more than 1,25,000 cases in the country.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Prime Minister Narendra Modi said the liberalisation of policies governing the acquisition and production of geospatial data is a "massive step in government's vision for an Aatmanirbhar Bharat". The reform will benefit country's farmers, start-ups, private sector, public sector and research institutions to drive innovations and build scalable solutions, he said.
Investments by private equity and venture capital funds in November stood at $6.8 billion across 102 deals, which is double by value when compared with the pandemic-impacted year-ago period but half of the bets in the preceding month of October, as per a report. In November 2020, such high-risk investors had infused $3.9 billion, while in October, the total investments had stood at $13.1 billion, the monthly data shared by industry lobby IVCA and the consultancy EY said. The overall investments in the first 11 months of the year have touched $72.6 billion, which is 53 per cent higher than the all-time high for a year achieved in 2020, it said.
Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1, a change that may hamper global expansion of Indian companies and compel some firms to move their headquarters out of India to geographies such as Singapore and Dubai. At present, dividends received by Indian companies from their foreign subsidiaries are subject to a concessional tax rate of 15 per cent under Section 115BBD of the Income Tax (I-T) Act. The provisions of this section shall not apply from assessment year 2023-24 onwards, according to the Finance Bill.
Oil marketing companies IOC, BPCL and HPCL have invited expressions of interest from start-ups that wish to be enrolled as fuel entrepreneurs for doorstep delivery of high-speed diesel through mobile petrol pumps.
The government said it had received many representations seeking extension of time citing many difficulties due to the second wave of Covid-19 and the subsequent lockdowns. MCA has asked the registrar of companies to approve the extension of the time limit to hold the AGM.
Experts have said the food delivery space is likely to see exponential growth this year.
He said both countries are opening new areas of cooperation in the energy sector, telecommunications and science and technology and they have set up funds to facilitate investment in high technologies.
'Having dedicated my life towards improving breast healthcare in my motherland. I shall continue to work with rock-solid determination following this "chosen" path.'
A hallmark of some new businesses today is that they seek to use the brute force of capital, combined with smart technology and operations, to create new needs that you didn't even know existed, the chairman of Aditya Birla group said in a blog post on the trends for the new year.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
AG Mukul Rohatgi led the Indian delegation at the UN Human Rights Council.
Always acknowledge what you don't know and know that there are many paths to an end goal, says three-time founder and CEO Neha Sampat.
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