Several start-ups have raised concerns over taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.
Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighbourhood kirana stores to consumers before expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal. "All of us at Reliance and Jio are delighted to welcome Facebook Inc," he said in a short video message posted on the group's social media handles.
'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.
A new management at one of India's oldest paint companies looks to revive the dormant paints brand, readies for a stiff fight with rivals.
Card-based EMI transactions dropped about 60 per cent in the first week after demonetisation and then recovered steadily. However, these are not yet back to the levels before November 8.
Nilekani said new-age technology markets work on a winner-takes-all basis.
'Banking is a business of trust.'
The amount was pledged as Prime Minister Narendra Modi addressed the virtual Global Vaccine Summit hosted by British Prime Minister Boris Johnson in which over 50 countries, business leaders, United Nations agencies, civil society, government ministers, heads of state and country leaders participated.
He has succeeded because he knew there needed to be a huge transformation in innovation and R&D capacity.
Why millennials are choosing silver over gold this Valentine's Day.
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.
eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets.
In a rare honour, and perhaps unprecedented in the annals of Indian diplomacy in the United States, Ambassador Nirupama Rao will travel to Gainesville, Florida, on Friday to deliver the graduation address to the University of Florida's Doctoral Degree Commencement Ceremony.
'We are certainly open to inorganic opportunities to grow.'
Experts at coding, Web development, and digital marketing, will be on every organisation's hiring list, points out Narayan Mahadevan.
India and the US have the responsibility to shape the future of peace, stability and prosperity in Asia Pacific region, Prime Minister Narendra Modi said on Saturday.
'India has the potential to reduce its trade deficit with China by $8.4 billion in FY21.'
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
United Nations General Assembly on Friday appointed Antonio Guterres as the UN Secretary General for a second term beginning January 1, 2022, days after the powerful Security Council unanimously recommended his name to the 193-member body for re-election.
Xiaomi is the third largest smartphone brand in the top 30 cities in India.
Niyo is also offering bonuses and ESOPs, taking the total stock grants to over Rs 100 crore for all eligible employees.
Dr Rekha Shetty, who consults several corporations on long-term innovation initiatives, draws up a list.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
Here's why value cost averaging scores over rupee cost averaging.
One of the key concerns for non-users of voice assistants is trust.
'Facilitating conversion of well-run NBFCs into banks is urgently needed.'
Women entrepreneurs view the world through different lenses, hence, execute things differently, says Mohana Nair.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
According to the research, the digital transformation comes with its own share of risks.
Both the Apache and Chinook helicopters have been pressed into service as part of the IAF's deployment along the LAC in view of the bitter standoff with China in eastern Ladakh, officials said.
Giving major relief to budding entrepreneurs, the government on Thursday allowed startups to avail tax concession only if total investment including funding from angel investors does not exceed Rs 10 crore.
Although large companies like Nestle, Dabur or HUL have been impacted by this slowdown in demand, it was the small, local players that have been hit harder.
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
'The only way to create more jobs is to make sure that we anticipate the skills that will be required in the future and prepare ourselves for those skills.'
The new chairman assumes his role at perhaps one of the most challenging times for both the company and the industry.
Dubai-based Indian-origin writer Doshi, who was shortlisted among the final six authors for her debut novel Burnt Sugar, lost out on the top prize.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
Mumbai-born Veena Sahajwalla has developed a microfactory in Australia to upcycle electronic waste.
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
