The fear of rejection keeps many of us from experiencing the rich lives we deserve, notes Harsh Roongta.
Finance Minister Nirmala Sitharaman on Tuesday met top officials of the finance and corporate affairs ministries to review the implementation of various announcements of the Union Budget FY24. "The finance minister underlined the importance of continuous assessment of progress to ensure that various announcements are implemented in a time-bound manner," the finance ministry said in a tweet. Sitharaman also discussed in detail various issues on the digital competition laws with Rajeev Chandrashekhar, the minister of state for entrepreneurship, skill development, electronics and technology.
The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.
Edtech major Byju's on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the $1.2 billion Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in distressed debt. "Byju's has had to take these measures following a series of predatory tactics by the lenders, led by Redwood," the company said in a statement.
Some lessors have even taken the airline to court.
Prime Minister Narendra Modi said on Friday that the combination of technology and talent will be a guarantee for a bright future for the world.
'If OTT platforms had not come in, we would not get this second lease of life.'
HealthifyMe is an app that connects users to fitness trainers virtually, motivate them on goals.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
rediffGURU Ashwini Dasgupta offers tips on how to navigate job interviews.
Co-founders Vamshi Krishna Reddy and B Surya Shive Shanker of Apalya Technologies, which is betting big on live streaming of IPL matches till 2012 share their success mantras.
While funds will not be a constraint, the challenge for Aasaanjobs will be to reach out to people with no internet, says M Saraswathy.
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
In absolute numbers, India had only 211 start-ups compared to 970 in the US.
The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.
Pitchers Season 2 is intense but an engaging watch, observes Namrata Thakker.
This, Byju, was the time to apply the business lens, treat your company as a business, run your company as a business. Instead, you splurged, observes Suveen Sinha.
'Silicon Valley people are generally used to layoffs.' 'Every person who has been in the industry for 15-20 years would have been laid off at least 3-4 times.' 'In India, we aren't used to that concept.' 'So when it came here, people were shocked.'
Bitten by the entrepreneurial bug, IIM alumnus Rahul Chigopkar jumped into one of the most lucrative area of 2011 in India- Deals. But what happened to IzziDeals? Rahul shares his experiences with us.
Kiran Mazumdar-Shaw talks to Nikita Puri about her book Mythbreaker.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
US-based co-working operator WeWork, Lowe's India, SpiceJet and startups like CureFit stepped in to offer employment to the distressed workers at Jet.
Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.
A G20 dinner invitation from President Droupadi Murmu describing her position as 'President of Bharat' triggered massive debate on Tuesday, with the opposition alleging that the government is planning to drop India and stay with just Bharat as the country's name.
In a development that has huge financial implications for existing as well as new operators, the Telecom Regulatory Authority of India has recommended fixing the price for 6.2 Mhz of pan-India start-up 2G spectrum at Rs 10,972.45 crore (Rs 109.724 billion), more than six times the present cost of Rs 1,658 crore (Rs 16.58 billion).
Manipal Group chairman Ranjan Pai is in early discussions to invest in Byju's-owned Aakash Educational Services Limited (AESL). According to sources in the know, Byju's founder and chief executive officer Byju Raveendran, who owns a 30 per cent stake in Aakash, is expected to partially offload his holding to Pai for $80-90 million (about Rs 650-740 crore). Raveendran may use the money to repay a large part of the Rs 800 crore loan that Byju's raised from US-based investment firm Davidson Kempner Capital Management in May, after facing a 'technical default', the sources said.
In India, thousands of lives are lost every year because of unavailability of organs
Experts are betting big on the clause that talks of capital gains.
SoftBank-backed Inmobi has fired about 50-70 people on performance metrics. According to a source, the employees impacted are from Inmobi and the firm's lock screen-based content provider Glance. This comes even as the company announced that it will skip increments for CY23 and also undertake recruitment only when required. The Inmobi group has a total headcount of 2,600.
Gopalakrishnan, who is the immediate past President of CII, is the Chairman of the summit.
Swedish furnishing major IKEA, part of the Ingka Group, is inviting its investment arm - Ingka Investments - to India, a senior company executive said during an interaction in New Delhi. The move suggests that the group is looking at India as a priority market. The areas of investments being considered by Ingka Investments could range from taking stake in companies across sectors such as renewables, recycling, real estate, and software which synergise with IKEA's broader retail requirements.
The Lumoid site a is clean and user-friendly e-commerce experience, prompting visitors to select a category, like 'Landscape,' 'Sports,' and 'Student' for recommended custom created kits or 'Shop All Gear' for those who prefer to pick and choose the pieces they need.
Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.
Chanda Kochhar said the only comforting factor is that investors pouring in money into such startups are 'mature'.
His presence matters more than the money he brings.
Spain's captain Olga Carmona -- the scorer of Sunday's deciding goal -- plays for Real Madrid, where the women's team generated revenues of 1.4 million euros in the 2021/22 season, according to Deloitte. That compared with the Real Madrid men's teams revenues of 713.8 million euros in the same season.
Start-up entrepreneurs Arun Shenoy and Mandar Kaprekar share their vision of becoming a Rs 1,000 crore company in ten years.
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