News for 'Venture and Capital'

Babli Bouncer Review

Babli Bouncer Review

Rediff.com23 Sep 2022

Babli Bouncer is a one-time watch, courtesy Tamannaah Bhatia's acting, observes Namrata Thakker.

With an eye on job creation, MSMEs set to get a boost in Budget

With an eye on job creation, MSMEs set to get a boost in Budget

Rediff.com20 Jan 2016

Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations

Worst over, funding crunch eases for start-ups

Worst over, funding crunch eases for start-ups

Rediff.com22 Jun 2017

There were fewer Series-B deals this year versus last, but more money was raised

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Shinde had invited Vedanta-Foxconn to sign MoU on July 29

Rediff.com16 Sep 2022

The Vedanta team held a meeting with Shinde, Fadnavis and top officials on July 26, he said.

PE investments up 62% to $5.4 billion in Q1

PE investments up 62% to $5.4 billion in Q1

Rediff.com5 Jul 2017

Total investments in the first six months of 2017 was a record $11.34 billion

IIT entrepreneurs have built 12 Unicorns, fourth-most globally

IIT entrepreneurs have built 12 Unicorns, fourth-most globally

Rediff.com7 Apr 2017

A 2014 study had ranked IITs as fourth among the top 50 universities globally, whose graduates were entrepreneurial.

Air India starts vacating offices from govt properties

Air India starts vacating offices from govt properties

Rediff.com9 Sep 2022

The Air India Group has started vacating its offices, which are currently being operated from government-owned properties, from this month, as part of its strategy to consolidate workspaces across the country. The loss-making Air India and its international budget arm Air India Express were taken over by the Tata Group on January 27 this year, after successfully winning the bid for the airline on October 8, last year. Besides these two airlines, Tata Group also holds a majority 51 per cent stake in Vistara, its joint venture airline with Singapore Airlines (SIA), and a 83.67 per cent stake in budget carrier, AirAsia India.

Cash crunch pushes AirAsia India to take short-term loans of Rs 630 crore

Cash crunch pushes AirAsia India to take short-term loans of Rs 630 crore

Rediff.com3 Oct 2022

Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.

Indian student shot in Kyiv lands in Delhi on IAF flight

Indian student shot in Kyiv lands in Delhi on IAF flight

Rediff.com7 Mar 2022

An IAF flight carrying Indian student Harjot Singh, who was shot in Ukrainian capital Kyiv a few days ago, landed at the Hindon airbase in New Delhi on Monday evening, officials said.

Will ED Raids Derail BYJU's Funding Plans?

Will ED Raids Derail BYJU's Funding Plans?

Rediff.com11 May 2023

'Which fund manager in the world will put money into a company that hasn't filed its annual account?'

Start-ups get a big boost from big companies

Start-ups get a big boost from big companies

Rediff.com25 Aug 2016

The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Bitcoin recovers after roller coaster ride

Bitcoin recovers after roller coaster ride

Rediff.com25 Jul 2017

A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1

'PVR-INOX Merger In Final Stages'

'PVR-INOX Merger In Final Stages'

Rediff.com14 Jan 2023

'We would love to have more players entering the market because that is how the business will grow.'

Why e-commerce policy may not take shape this year

Why e-commerce policy may not take shape this year

Rediff.com26 Sep 2018

The final policy may be out only after formation of the new government, according to sources

How resurrected DLF is planning its tryst with Mumbai

How resurrected DLF is planning its tryst with Mumbai

Rediff.com1 Sep 2021

In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.

Anshuman Jain backs a new venture in India

Anshuman Jain backs a new venture in India

Rediff.com13 May 2016

Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen.

Startup India: Why progress is soooo slow

Startup India: Why progress is soooo slow

Rediff.com28 Jul 2016

Seven months down the line, not much progress has been made, except that the scheme is still being fine-tuned.

IIFL invests in its asset firm

IIFL invests in its asset firm

Rediff.com25 Jun 2014

The investment is through the asset manager's holding company IIFL Wealth Management Limited.

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Khalistani terrorist Paramjit Panjwar shot dead in Lahore

Rediff.com6 May 2023

Panjwar, 63 was involved in drug and weapons smuggling and was designated as a terrorist under the Unlawful Activities (Prevention) Act in July 2020.

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Rediff.com26 Aug 2022

Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.

Secret behind Swiggy's meteoric rise

Secret behind Swiggy's meteoric rise

Rediff.com6 Jun 2019

With razor-sharp focus on deliveries and customer experience, powered by strong in-house technology built ground-up, Swiggy is emerging as the food ordering platform of choice.

India outshines US in internet user base

India outshines US in internet user base

Rediff.com3 Jun 2016

India now has 402 million internet users - second only to China.

Biggest change the pandemic has brought for Indian IT

Biggest change the pandemic has brought for Indian IT

Rediff.com10 Nov 2020

While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.

USA's MLC to create seismic shifts in world cricket

USA's MLC to create seismic shifts in world cricket

Rediff.com20 Mar 2023

The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.

Byju's is raising $300 mn, valuation may touch $18 bn

Byju's is raising $300 mn, valuation may touch $18 bn

Rediff.com5 Oct 2021

Byju's is raising about Rs 2,200 crore ($300 million) as part of a larger round of new investment as the world's most valuable edtech company focuses on expanding its business in global markets and explores to do more acquisitions. According to industry sources, the new funding may value Bengaluru-based Byju's at $18 billion, up from a valuation of $16.5 billion in June this year. In June, Byju's became India's most valuable unicorn with a valuation of $16.5 billion, surpassing fintech company Paytm's $16 billion valuation.

No bumpy ride for startups as govt okays Rs 10,000 cr corpus

No bumpy ride for startups as govt okays Rs 10,000 cr corpus

Rediff.com22 Jun 2016

The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.

Spectrum auction to hurt India's satellite play, says Sunil Mittal

Spectrum auction to hurt India's satellite play, says Sunil Mittal

Rediff.com24 Oct 2022

Spectrum allocation for satellite services came up as a dominant theme at the launch of 36 communication satellites by OneWeb, a Bharti group venture, here on Sunday. Following the launch, Bharti Enterprises chairman Sunil Mittal, in a conversation with a group of reporters, reiterated that spectrum auction did not make sense in the case of satellite services. "This (satellite services) is not competing with mobile services where you can justify the auction.

Swiggy turns decacorn, company valued at $10.7 bn now

Swiggy turns decacorn, company valued at $10.7 bn now

Rediff.com24 Jan 2022

The latest round of funding values the company at $10.7 billion, almost doubling it from the $5.5 billion valuation during the $1.25 billion fund raise in July 2021 when investors including SoftBank, Prosus and Accel pumped in capital in what was the company's biggest funding since its inception. The other new investors in the latest round of funding include Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Axis Growth Avenues AIF- I, Sixteenth Street Capital, Ghisallo, Smile Group and Segantii Capital, Swiggy said in a statement.

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