Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.
To build one's political and ideological arguments on the dead bodies piling up outside our crematoriums is despicable and breaches the basic tenet of human civility, argues Vivek Gumaste.
Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.
'The current financial year will see the full impact of this crisis, and we will start seeing the recovery in the next financial year.'
Any form of entanglement with India or the US on the strategic plane will be anathema to Sri Lanka's Rajapaksa rulers, observes Ambassador M K Bhadrakumar.
The government is expected to route all its official communication through the official website National Informatics Centre's email service.
It said while Indian IT services companies were the "disruptors" and had created the modern offshoring industry, they are now incumbents, challenged by a host of specialised and niche start-ups that have emerged in the new digital environment.
The BSE Mid-Cap index was currently down 1.25%
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
Mumbai is the financial capital of India, but it has the potential to become global financial centre, says Maharashatra CM Devendra Fadnavis.
Technology, not just cost, is key to IT's future.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'The Vajpayee personae is so mirrored in Modi's initiatives that one wonders if the similarities are merely a coincidence or a divine design,' says RSS ideologue Tarun Vijay.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
'China is mindful of the fact that it is not confronting the Indian Army of 1962. But the sabre rattling will continue.'
'The key is to keep the growth sustainable over a period of time.'
Excerpts from Prime Minister Narendra Modi's speech at the Combined Commanders Conference on board the INS Vikramaditya at sea, off the coast of Kochi.
The President said there will be occasional doubters and baiters who will continue to complain, to demand, to rebel.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
With the advent of new banks, IT firms will get boostto their businesses.
Modi is as divorced from reality as Manmohan Singh. He might want to sound expansive and visionary, but to be credible he must have his feet on the ground and know the reality around him. Instead of delivering irrelevant homilies to small and hence poor farmers, the prime minister should be thinking in terms of creating a huge demand for alternative employment, mainly in the construction sector, and his promised hundred new cities is a capital idea, says Mohan Guruswamy.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
The unit of Reliance Communications may raise debt, equity
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'
'From India to Indiana, there has always been a sense of hope, optimism, and goodness.'
Modi highlighted the importance of assimilating technology with governance to ensure equitable growth and prosperity for all.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
According to a study more than one-fifth of India's product start-ups are from the city.
India's top metro cities need to improve their infrastructure and other civic amenities too.
While man and a woman were reported killed when trees came crashing down on them in North 24 Parganas district of West Bengal, a 13-year-old girl died in a similar incident in adjoining Howrah. No casualties have been reported from Odisha yet.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
An Olympic campaign saved by the fortitude of three women, a cricket team that rediscovered itself under a bold and zealous Virat Kohli -- Indian sports in 2016 was a dramatic mix of highs and lows wherein athletes mostly raised the bar but administrators found new ways to embarrass the country.
'Despite muted growth in financial services, all other businesses have done well.'
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Did you know that India is among the top five countries in food processing?
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
