Reddi has so far made 10 investments in the US.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
The rules, the first ever for software applications in the country, were recently issued by the patent office and mandate each new software to be 'machine-specific' and packaged with 'new hardware' to qualify for a licence.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
The strong domestic growth for new vehicle sales during 2008-12, which witnessed a compounded annual growth rate of 14 per cent, led to an increased inventory of used cars, thanks to trade-ins.
In most cases, the payback on energy saving projects offered by GIBSS are between one and three years.
Internet entrepreneurs are the next big thing in India.
Yuvraj has switched focus to business.
Mumbai-based LocalBanya is looking to expand to Pune and Delhi as part of its growth strategy.
Sectors throw up a wishlist for the Finance Minister.
Even retail investors are talking about investing in start-ups.
Fun and games at start-ups have ended as easy money dries up.
Here's your weekly digest of the craziest and funniest stories from around the world.
The industry's reactions to the Budget have been mixed.
Besides a great idea, it takes pluck, and some luck, to get going.
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