In 2018, venture debt providers cumulatively deployed Rs 1,300 crore. This year, the market is expected to absorb venture debt of Rs 1,800 crore to Rs 2,000 crore. So what makes this asset class so attractive?
During the meeting, Gantz emphasised the opportunity to invest further in defence cooperation between the two countries.
Prime Minister Narendra Modi on Thursday is scheduled to have as many as eight meetings, including with Vice President Kamala Harris, on the first working day of his current US trip.
The IPL, by giving a large pool of Indian talent the opportunity to compete with the best international players, has also come to be seen as the cauldron that spews out the most exciting talent for not only the shortest format but also the longest and the one in between, says Suveen Sinha.
Take a look at top picks of all 10 IPL teams
Entertainment may be its raison d'etre but the tears brought about by cinema are no less significant.
With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.
What The Fame Game showcases is the depth and marvels of Madhuri as she switches between star and human, mother and woman, notes Sukanya Verma.
Since exploding onto the tennis scene as a 14-year-old, Serena Williams has achieved everything on a tennis court - but her incredible collection of titles and trophies barely define the imprint the American has left on her sport.
Energy supermajor Exxon Mobil Corp is in talks to buy a stake in producing oil and gas fields in India, Oil Minister Dharmendra Pradhan said on Wednesday showcasing efforts to raise domestic output to cut imports. Exxon Mobil had in October last year signed a memorandum of understanding (MoU) with state-owned Oil and Natural Gas Corporation (ONGC) to offer its expertise and technology for developing resources in offshore blocks.
The Indian economy will suffer lasting damage from the coronavirus crisis and after an initial strong rebound in FY22 (fiscal year ending March 2022) growth will slow to around 6.5 per cent a year over FY23-FY26, Fitch Ratings said on Thursday. "A combination of supply-side scarring and demand-side constraints - such as the weak state of the financial sector - will keep the level of GDP well below its pre-pandemic path," it said in commentary on the Indian economy. Fitch said India's coronavirus-induced recession has been among the most severe in the world, amid a stringent lockdown and limited direct fiscal support.
Samridh Seth suggests nine must-read books that can help turn your life around.
Juventus goalkeeper Gianluigi Buffon saved a penalty and Andrea Pirlo curled in a trademark free kick late in the game to give the Serie A leaders a dramatic 1-0 win at Genoa on Sunday.
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.
The initiative deepens N/Core's multi-year partnership with tech giant Cisco, which has participated in the fund along with Ford Foundation and IRB Infrastructure.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
Amid domestic traders continuously complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Friday said the ministry will "very shortly" come out with certain clarifications on the e-commerce sector. Goyal said the ministry is not changing any policy on e-commerce for foreign direct investment as the policy is crystal clear. "We will also come out with the e-commerce policy and whatever clarifications... Certain instances have come to our notice where the policy is not being followed in letter and spirit, we will obviously be clarifying that very shortly," he told reporters in New Delhi.
Cosmetic experts explain how liposuction, like any other surgery, has its share of risks and side effects.
Mudasir Ahmed, a businessman from Kashmir, tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.
The sudden stop in economic activity led to a sharp decline in employment-intensive sectors like construction, manufacturing and trade, hotels, transport etc.
Billionaire and Mahindra Group chairman Anand Mahindra along with top Silicon Valley investors Naval Ravikant and Balaji Srinivasan are backing space tech start-up Agnikul as part of a new funding round. Chennai-based Agnikul said, on Thursday, that it has raised $11 million in Series A funding round led by Mayfield India. It is the largest funding round for a private Indian space technology company in the country. Existing investors pi Ventures, Speciale Invest and Artha Venture Fund also invested in this round.
Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.
Photo-messaging app Snapchat on Wednesday said its monthly user base has reached 100 million in the country, and the company will continue to anchor its efforts towards growing and providing more resources to its community of Indian creators. Snap Inc, the parent company of Snapchat, virtually hosted the second edition of 'Snap in India'. At the event, Snap co-founder and CEO Evan Spiegel announced the milestone of reaching 100 million Snapchatters monthly in India.
Jaishankar also emphasised the need for ensuring that Kabul's neighbours are not "threatened by terrorism, separatism and extremism".
'The trailer is lavishly sprinkled with their romantic and steamy scenes, but they don't get you very invested in their relationship,' says Moumita Bhattacharjee.
RIL, according to Goldman, offers the best downstream exposure in the Asian oil sector with its high quality asset base, diversified product portfolio, efficient management of inventory valuation swings and ability to fund large organic expansionary capex without taking on debt.
Finance Minister Nirmala Sitharaman on Friday pitched for front loading of capital expenditure, saying it is critical for revitalisting the economy post the coronavirus pandemic. During a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead, she also asked ministries to aim to achieve more than their capital expenditure (capex) targets. The Union Budget 2021-22 provided a capital outlay of Rs.5.54 lakh crore, a sharp increase of 34.5 per cent over the Budget Estimate of 2020-21.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
The tour will include a 14-day quarantine-cum-training period in Sydney starting November 12 for the Indians who will fly in after the IPL final on November 10.
The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
'I am pretty sure that Morgan went to the selectors and Ashley Giles and said he wanted his best team at all times this year in Twenty20'
Foreign Secretary Harsh Vardhan Shringla has met top Biden administration officials, including Secretary of State Antony Blinken and Deputy Secretary Wendy Sherman, and held substantive discussions with them on the strategic bilateral ties and regional and global issues like the current situation in Afghanistan after the Taliban seized Kabul.
'Our recipes come from our real-life experiences and have a story behind them.'
Chief of Defence Staff General Bipin Rawat on Saturday said that China's ambitions and aspirations to global power presented an 'omnipresent danger' to stability in South Asia.
Subhash K Jha lists actors whom you may have missed this year.
Downing Street said Johnson reiterated the year 2021 as an important one for UK-India ties and also re-emphasised the UK's commitment to the wider Indo-Pacific region, ahead of the first deployment of the HMS Queen Elizabeth carrier group to the region next year.
A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
