The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
He said India has also opened its defence industry 'like never before' and sought investments in the sector.
India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
What caused credit markets to seize up was Henry Paulson's refusal to bail out Lehman Brothers.
Nivedita Mookerji explains why a timely rollout of 5G may not be easy in India.
Standard Chartered Bank on Monday launched in India its Visa Mini card, which is almost half the size of a regular credit card, targetted at the growing young-earner segment.
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.
The bank plans to raise unsecured and rated Rupee Innovative Perpetual Debt Instruments, upper Tier or Lower Tier II subordinated debt during the remaining part of 2008-09 and 2009-10, SBI said in a filling to the National Stock Exchange. The fund not exceeding Rs 18,000 crore (Rs 180 billion) would be raised in tranches with a minimum maturity of over 60 months as per the RBI guidelines through structured deals or by private placement, it said.
Nilekani said new-age technology markets work on a winner-takes-all basis.
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.
India's plant-based meat market is estimated at $30-40 million, largely driven by consumer packaged food. The market size in India is likely to touch $500 million in three years.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.
Uber started its business three years ago in India and is now operating in over 20 cities with thousands of cab drivers.
Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
The Walmart chief stated that the values of the two companies were "very much aligned"
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.
Though he loves gambling, he cautions against undue risks and says non-professional investors like the salaried class should invest through the mutual funds route and keep aside not more than 10 per cent for self-investing.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
Every year Fortune honours 10 innovators, groundbreakers and game changers as 'Most Powerful Women Entrepreneurs'.
It is eyeing the transportation and infrastructure modernisation opportunity in the country, expected to attract $500 billion in investment over the next five years.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
There are quite a few lesson that upcoming entrepreneurs must learn from housing.com controversy.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.
Industrialists have the same complaints as they did in the UPA's second stint.
Mastercard is keen on being known not as a payments player but a technology company.
...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
The 'Invest Odisha' mobile app is currently available on the Android platform.
