Commerce ministry suggests easy conditions for availing capital gains tax exemptions
Ola Cabs acquires TaxiForSure in $200-mn deal.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
Reliance Retail's shareholders will get one share of its listed parent, Reliance Industries, in exchange for every four shares, according to the scheme of arrangement.
The feeling to always be in control can hinder progress and cause serious trust issues among other stakeholders, say Nitesh Jain, CEO, co-founder, BeSingular.
Lenders taking up incubator-style roles with small investments in start-ups
Yuri Milner is focussing on on consumer-driven Internet start-ups.
Students may choose between weekday and weekend batches, and attend scheduled online maths and science classes based on their school curriculum.
His tryst with investing in start-ups began when his juniors started approaching him for guidance and capital.
The rules, the first ever for software applications in the country, were recently issued by the patent office and mandate each new software to be 'machine-specific' and packaged with 'new hardware' to qualify for a licence.
Pradyumna Nadakaduty didn't even know he was getting into social impact work when he applied for a job at Acumen Fund. Then something wonderful happened.
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
You have a great product. But is that enough?
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
The Rs 100 crore infusion will well-capitalise the company to drive its new strategy and growth plans.
French sources say Hollande was motivated to speak out after an Indian media report revealed that the Reliance Group had part-funded a film venture by his domestic partner, French actress Julie Gayet.
Westbridge Capital Partners is planning to invest $200 million in Indian companies over the next 2-3 months.
This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Ola commits to invest $100 mn in Vogo, to bring scooter-sharing to its app, reports Alnoor Peermohamed.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
Information technology, financials, industrials, consumer discretionary and utilities were the top five sectors to attract significant private equity capital during the quarter.
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
The Forbes 5th annual '30 Under 30' list features 600 women and men.
BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.
The group also said it will raise fund from private equity firms, including Bain Capital and Lathe Investment, estimated to be around Rs 4,500 crore (Rs 45 billion) to finance its buyout by selling stake in Hero Investments Private Limited (HIPL).
