The Reserve Bank of India (RBI) has recommended to the finance ministry a series of measures to curb investment flows from venture funds and into real estate.
Senior Congress leader V C Shukla, who was injured after heavily-armed Maoists ambushed a convoy of party leaders in Chhattisgarh's Bastar district, was on Sunday airlifted to a hospital in Gurgaon near New Delhi from Raipur
The number of deals announced in the month were the highest ever at 102 for any month, compared to 75 in the same period last year and 92 deals in March.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
Faculty members put in their papers from their respective posts in solidarity with the protesting students over the suicide of Rohith Vemula.
Vice-chancellor of Kolkata's PresidencyUniversity on Thursday said she would write to the governor about Wednesday's vandalism of various departments, and appealed to Chief Minister Mamata Banerjee to ensure that a serious probe was conducted to identify the attackers.
Flirting, persistence and longingness comes alive in Mani Ratnam's Kaatru Veliyidai, feels Divya Nair.
Bihar Governor Devanand Konwar was Monday heckled by a Congress woman lawmaker during his address to joint session of state legislature over alleged corruption in appointment of vice-chancellors prompting him to admonish her.
While Mulayam Singh went to the extent of branding Singh as a "dictator", the latter cracked the whip by suspending as many as 135 students with "criminal background", most of them allegedly supporters of ruling Samajwadi Party.
He reiterated that he will not reopen the varsity until 'criminal elements were flushed out'.
India need to put up an improved batting show in their second ICC Women's World Cup league stage game
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.
The decision was taken at the executive council meeting of the university, sources said.
News of all that transpired on and off the cricket field
A university vice-chancellor abducted by the Pakistani Taliban from the country's troubled northwest nearly two years ago has appealed to his colleagues and student groups to pressure the government for his release in a new video issued by the militants.
Supernovas, champions in 2018 and 2019, just about managed to ward off their rivals in a last-over thriller.
Stalin said that even in Gujarat the vice-chancellors are not appointed by the governor but the State.
The SC and ST Teachers Forum said in a statement that its members would go on a hunger strike from Thursday to press for the resignation of VC Appa Rao and the interim VC 'in order to resume academic and administrative activities'.
In India, US venture capitalists invested $101 million in 13 deals in the first quarter, 29 per cent less than the $142 million via 22 deals in the March quarter of 2008, as per data compiled by research firm Dow Jones VentureSource. Venture capitalists put $1.87 billion, the lowest quarterly total since 2004, via 250 deals for emerging companies in India, China, Europe and Israel in the first quarter as fund managers prefer assured returns from portfolio investment.
Bulk of the medicine sales in the $22-24 billion domestic pharma market happens through offline retail chemists. With the entry of online pharmacies, this space has started to witness a shake-up. Sample this: Dawaa Dost, a Rajasthan based digital health start-up, generates medicine orders from 'kirana' stores and women self-help groups (SHGs) that operate in villages, and then service these orders through its affiliated network of pharmacies. Biddano, another health-tech start-up, has a platform that acts as an aggregator for neighbourhood chemist shops.
VCs also do not want to under-finance companies and are ensuring that the current capital infusion takes them through at least 18-24 months, which is the expected time when the outside fundraising environment starts to recover, says Alok Mittal.
Venture capitalists are leveraging their experience to build something new.
In contrast to the growth on IT and ITeS front, disbursements of venture capital and public equity funding halved to $540 million during 2003 in India
Amazon, Google, Apple and Facebook are both a boon and a bane for angel investors, VCs as well as start-ups. If the Big Tech companies get broken up and their powers to acquire get significantly curbed therefore, the whole ecosystem will need to change, says Prosenjit Datta.
Internet user base in India has touched 100 million.
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
The new clean technology venture capital fund has invested $20 million in California-based Miasole, which is engaged in the development of thin-film solar panels, while the carbon fund has an initial investment commitment of $157 million, the steel-maker said. "The fund is managed by a team from ArcelorMittal Flat Carbon Americas and its investment decisions are taken by a six-person Investment Committee chaired by ArcelorMittal FCA CEO Lou Schorsch," it added.
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
Funds will invest in new technology companies involved with climate change mitigation.
Koo has so far raised $4.1 mn in Series A funding from existing investors Accel, Kalaari Capital, Blume Ventures and 3one4 Capital.
Catamaran Management Services, the venture capital fund promoted by Infosys Technologies Chairman N R Narayana Murthy, is free to exit SKS Microfinance.
'If you persist in opposing the government, they set the ED or the NIA on you. And the courts have not given us much hope.'
Australia will play against Sri Lanka in the first T20I at North Sydney Oval on September 29.
'In the business of money, where you are regulated, the liability lies on the head of the acquirer.' 'It is not a good thing when you cannot spot the risks.'
Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar, "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future."
With two senior pacers Bhuvneshwar Kumar (thigh injury) and Ishant Sharma (side strain) all but ruled out, Navdeep Saini will certainly be the fourth pacer after Mohammed Shami, Jasprit Bumrah and Umesh Yadav.
Asserting that central government employees may have to work with staggered attendance and variable working hours, the personnel ministry has come out with a draft framework for 'work for home' for the staff post-lockdown. The department of personnel and training may provide options for work from home to the eligible officers/staff for 15 days in a year as a matter of policy, it said.
Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.
