It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
Xiaomi, which sells its phones exclusively through e-commerce website Flipkart.com in India, is looking to find a foothold in a market that has at least 80 different phone companies fighting it out for market share.
At the EmTech India 2009 Conference in New Delhi, Sanjay Swamy, CEO of mChek, spoke about mobile bill payment technology, his participation at the IT conclave, his journey as an entrepreneur, global downturn and other issues.
Apurv Bansal and Prateek Rathore are keen to expand their business
Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.
Prime Minister Narendra Modi had announced the policy last month.
He said the global toy industry is over Rs 7 lakh crore but India's share is very small, as he stressed on the need to work to increase it.
India achieved record foodgrains production this year but the withdrawal of three agri-reform laws and spike in cooking oil prices cast a shadow on the country's resilient agriculture sector that is on course for better harvest in 2022 despite pandemic blues. While soaring production of foodgrains that also helped the government provide free additional rations for COVID-hit poor families for many months together came as a relief, the passing year will be remembered for the long drawn farmers' protest at Delhi borders against the three laws and subsequent repeal of the legislations. The Indian agriculture sector, which was among the few segments that remained robust amid the pandemic gales, is expected to register a growth rate of 3.5 per cent in the current financial year ending March 2022.
"Our armed forces represent India's diversity and the collective spirit of 130 crore Indians. Our forces are not only known for their utmost professionalism but also they are at the forefront helping people in times of crisis. Our forces are synonymous with trust," Modi said.
The country holds one of the biggest opportunities for Uber as more Indians start using smartphones
Loss of investor confidence in Flipkart last year sparked off a chain reaction in startup sector
Paytm will not be available for download now but there will be no impact on existing users of the app. 'The app was blocked for violation of play policies - a clarification of our policy was released earlier today ahead of the IPL (Indian Premier League) tournament,' Google said in an e-mailed response on Friday.
Billionaire Mukesh Ambani's Reliance Retail on Thursday told the government that complex legal structures have been used by some firms to bypass the country's e-commerce rules which from the very beginning do not allow foreign capital in the inventory-based model. At a meeting called by the commerce ministry on allegations that foreign online retailers created complex structures to bypass foreign investment rules and damage small traders, Amazon urged the government not to issue any clarification until investigations into its business practices had been concluded, sources said. At the meeting, Reliance Retail's representatives said the Indian e-commerce policy does not allow foreign capital in the inventory-based model and foreign investment is allowed only in pure technical infrastructure/ platform that facilitates the meeting of buyer with sellers.
Modi, however, admitted that both countries face numerous economic challenges in the current global environment which directly affect trade and commerce
A pension disbursing bank can access the portal to get digital life certificate.
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).
These unmanned aerial vehicles can fly at high speeds, detect intruders, do aerobatic maneuvers like loops, rolls, spins, and hammerheads effortlessly and communicate with each other intelligently.
Byju's has quietly moved into other global markets such as the UK, Australia and New Zealand. It recently launched operations in Latin America.
The investor has now put together a fund of $3.75 billion to back private companies.
Bharatiya Janata Party president Amit Shah on Saturday attacked Rahul Gandhi after the Congress vice president questioned the NDA government's achievements, saying it was no mean feat that even the opposition has been unable to level any corruption charges against it.
Vodafone India said on Friday it would launch fourth-generation (4G) mobile phone services in the country by the end of the year.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Hundreds of Indian companies are expected to go big, issue public issues and even acquired by top global IT firms.
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
Referring to the government's Make in India initiative, he said India has become a hub of mobile phone manufacturing, which has provided employment to 4-5 lakh youth in the last four years and has helped the country save Rs 3 lakh crore foreign exchange.
Arora will resign less than two years since he joined the Japanese Internet conglomerate
Gujarat govt will set up a Tribal university in the Narmada district, over 100 smart Ashram shalas, 10 new hostels for tribal girl students
He also said it may be adopted for use in every stage of a rocket. He was speaking at the 16th convocation of SRM Institute of Science and Technology, near Chennai.
Vani Kola, Karthee Madasamy, T V Mohandas Pai also invest in the media startup
The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.
Tackling black money gets worst rating; Swachh Bharat, Digital India score poorly.
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