Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
Indian freestyle wrestlers claim Asian team title in U-17 category
The Cabinet on Wednesday approved the National Mission on Edible Oils - Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to promote domestic cultivation of oil palm in the next five years, and reduce the country's dependence on edible oil imports. The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort. Briefing the media, Union Information and Broadcasting Minister Anurag Thakur said the Cabinet approved the NMEO-OP with a focus on the northeast region and the Andaman and Nicobar Islands with a financial outlay of Rs 11,040 crore.
'We will resist it.' 'Farmers will not let that happen.'
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
The government has also extended till August 31 the repayment date of short-term crop loan of up to Rs 3 lakh for agriculture and allied activities. The decision, taken by the Cabinet headed by Prime Minister Narendra Modi, will give respite to farmers and also help them take a call on which kharif (summer) crop to grow as sowing picks up with the arrival of southwest monsoon.
Faulting previous governments for not taking adequate measures to economically empower women in the country, Prime Minister Narendra Modi on Thursday said his government was constantly creating an environment in which women self-help groups can connect villages with prosperity as he released Rs 1,625 crore as capitalisation support fund to over four lakh such groups. In a virtual interaction with the women self-help groups (SHGs) under the "Aatmanirbhar Narishakti se Samvad" (dialogue with self-reliant women) initiative, Modi said in a changing India, opportunities are increasing for women to move forward. The movement of woman SHGs has intensified in the last 6-7 years with over 70 lakh of them working across the country, a figure over three times more than earlier, he said, adding over eight crore women are connected with these groups.
However, seed-stage deals have shrunk less this year than VC rounds.
Even as their venture Snapdeal is clocking rapid growth, Kunal Bahl and Rohit Bansal are mentoring young entrepreneurs.
Under the scheme, the government will provide subsidy for two years in respect of new employees engaged on or after October 1, 2020, and up to June 30, 2021, Labour Minister Santosh Gangawar said in a briefing on the Cabinet decision.
As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.
YCook can add a year of shelf life to food without the side effects of chemical preservatives.
Venture capitalists and private equity players have slowed investments in Indian start-ups.
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
Slowing funding cycles for early-stage companies, freshers opting for more established firms, and many opting for places with better infrastructure are slowly taking away Koramangala's tag of 'India's Silicon Valley'.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
Over the years, start-ups are struggling more to garner funds as they pass the elementary stages of growth.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Sasha Mirchandani's tryst with investing began when his own venture failed to seek funding in early 2000s.
Choosing the right wallet is crucial, alerts Bindisha Sarang.
Vetting by inter-ministerial board removed for benefits under Startup India Action Plan
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
Safety and Efficacy results from the final analysis will be available in June, and the final report will be submitted to a peer-reviewed publication.
Pai has direct and indirect investments in about a dozen companies.
The management was open to attracting qualified people from the US for either short-term or long-term assignments in Roorkee, reports Manu Shah.
'Our technology is going to help Indian agriculture the way the White Revolution helped milk production.'
'India cannot function the Chinese way and the sooner people realise that, the better it will be.'
This facility will be available to all those subscribers whose Universal Account Number (UAN) is activated and seeded with the KYC details like bank account and Aadhaar number.
The tax forces young startups to part with a portion of the capital they have raised from investors due to disagreements over the valuation of the company by Income Tax officials.
The World No 1 Serena was joined by Hollywood actress Eva Longoria at a Champ'Seed party in Monaco.
Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
BigBasket co-founder Abhinay Choudhari has exited the company, and in his next entrepreneurial journey, he is looking to "solve another equally painful chore for many Indian households" after grocery shopping. The Tata group acquired a majority stake in the online grocery store in May. And when the deal happened, Choudhari decided he won't continue to be part of the management team.
Savarkar believed Swarajya is more than the mere geographical independence of a stretch of earth called India. There was no point in fighting and sacrificing one's life for a Swarajya (mere territorial independence) at the cost of our Svatva (self-existence) or Hindutva itself! A revealing excerpt from Uday Mahurkar and Chirayu Pandit's Veer Savarkar: The Man Who Could Have Prevented Partition.
With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.
Also, a dedicated cell, headed by a member of the Central Board for Direct Taxes (CBDT), will be set up to address concerns faced by start-ups.
In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.
These are the people who could damage your organisation in possibly irreparable ways.
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
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