Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
'For someone who wants to invest for the future or his family, diversification is necessary.' 'Diversify across asset classes -- equities, gold, real estate, fixed income, commodities, and even cryptocurrency.'
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.
The money stashed away in tax havens is estimated at between $5.6 trillion and $32 trillion, numbers to make your eyes pop, asserts T N Ninan.
The government has also demanded information on vulnerability exploited by attackers and modus operandi of the attack, and sought details of remedial measures taken by Twitter to mitigate the impact of the hacking incident.
Apple Inc may have the best to offer in the near term.
The key threats seen during this period ranged from phishing attacks to rogue apps disguised as COVID-19 information apps that targeted users sensitive data.
During his two-day stay in Silicon Valley, he would begin and conclude his engagements with the Indian-American community, the last one being an address to a crowd of over 18,500 Indian-Americans at the SAP Centre in San Jose.
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
British billionaire Richard Branson on Wednesday said he will meet Maharashtra Chief Minister Uddhav Thackeray to clear "misunderstandings" and gauge the new administrations interest in the $10 billion Mumbai-Pune Hyperloop project.
Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.
Even as India goes green, lack of uniform standards for setting up charging stations is holding back companies. Alnoor Peermohamed reports.
Investing in the US market provides Indian investors a hedge against the rupee's long-term tendency to depreciate against the dollar.
An innovator creates intellectual property for a need no one knows exists, says Chandru Chawla.
Step on the gas and the power that propels the compact four-seater will take you by surprise as it hurtles towards the 80 kmph like a racing thoroughbred, never compromising any stability thanks to its rigid chassis and solid 1,600-kg kerb weight that gives it a well-planted feel along straights, corners and tricky lanes and roads, says Pavan Lall.
For Make in India's success, Modi govt msut remove policy paralysis.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
Users well-versed in privacy laws or those concerned with their data would be worried; it could well be that many of us have already accepted the end user agreement without ado, points out Ashish Narsale.
Don't spend your time trying to raise funds and then get demotivated by the rejection. Spend your time growing your company first, says Arjita Sethi.
There are few firms that are applauded for managing a healthy top line growth along with an impressive brand image that inspires most companies.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
'Indians are great savers, but they are lousy investors.'
The OrcaPod is a prototype of what comes after boats, cars, trains and planes. It's India's foray into what Tesla founder Elon Musk calls the 'fifth form of transportation' and India's only entry at the ongoing Hyperloop competition by Elon Musk's SpaceX.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
Hyperloop concept was first released in 2013 by Tesla and SpaceX's Elon Musk as an alternative to high-speed rail
Altigreen's hybrid engine will help make cars more fuel efficient and the air we breathe cleaner.
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
Lightning Logistics, Shreyas Shibulal's start-up, rents out electric scooters along with the riders for last mile delivery.
'If such is the ambition to effect change, India is a platform where an innovation can be tested on a scale unavailable in most places. To take the simplest example, where else are hundreds of millions in one country waiting for Internet access, for better broadband, for 4G roll out -- millions of them in each of these categories -- of the ascending scale?'
"My USA (trip) demonstrates the extraordinary depth and diversity of our relationship. A lot of ground has been covered in these few days (sic)," Modi tweeted before his departure.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
Looks at 100 km ride on single charge, ideal for big cities
These include Microsoft's Satya Nadella, Mastercard CEO Ajay Banga, and Harman International Chairman Dinesh Paliwal.
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