Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
Markets regulator Sebi is contemplating reforms in the IPO norms, especially on the book building, fixed price aspects and certain provisions pertaining to price band, its chief Ajay Tyagi said on Wednesday. Apart from initial public offer (IPO), the regulator is looking into further reforms on preferential issue front, Tyagi said at the FICCI's annual Capital Market Conference. He further said that the focus on review of equity fund raising norms will continue in the near future.
BlueRun Ventures and Nokia Growth Partners, two venture capital firms supported by Nokia Corporation, hope to invest in one or two Indian start-up companies every year, senior executives said on Tuesday.
Sayre Therapeutics aims for a spot among top 5 players in oncology.
The government will "revamp" the Small Farmers Agri-business Consortium to convert it into a venture capital fund, finance minister P Chidambaram said on Friday.
Austria-based manufacturer of branded circuit boards, Austria Technologie & Systemtechnik AG (AT&S) has acquired ECAD Technologies, a Bangalore-based IT company, for a total consideration of Rs 7.5 crore (Rs 75 million), it was announced on Friday.
Citigroup has made an open offer to acquire 20 per cent stake in textile company JBF Industries Ltd at a price of Rs 46.50 per share.
The action group will be known as Parliamentarians with Innovators for India (PIIndia.org), which aims to spur innovators to solve challenges in areas such as public health, economy, and livelihood. While the 14 parliamentarians come from different states and across party lines, the group has organisations like Population Foundation of India, Centre for Policy Research, Omnicuris, apart from top experts in public health and policy.
Many Indian start-ups are doling out handsome pay packets, with junior level employees getting not less than Rs 5 lakh a year besides providing flexible work timings.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
Five deals worth $30 million had taken place in 2013 against $7 million in 2012.
Foreign venture capital worth $1.5-$2 billion and another Rs 10,000 crore (Rs 100 billion) from Sidbi's SSI Fund are expected to bolster small companies in the country this year, according to industry experts.
Karnataka, Maharashtra, Tamil Nadu, Telangana and Kerala have been ranked as the top five states in innovation in Niti Aayog's second Innovation Index released on Wednesday. The index, released by Niti Aayog's vice chairman Rajiv Kumar and CEO Amitabh Kant, has been developed on the lines of the Global Innovation Index. Jharkhand, Chhattisgarh and Bihar have been ranked at the bottom of the index. Karnataka topped the index for the second year in a row.
The Venture capitalist investments in Silicon Valley declined to $1.4 billion in the last quarter of 2004, the lowest in past seven years, according to a recent survey.
The company plans to add more features to its gadget, will expand its workforce and raise $10 million in venture capital fund.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
In contrast to the growth on IT and ITeS front, disbursements of venture capital and public equity funding halved to $540 million during 2003 in India
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
Fresher hiring is expected to more than double compared to last year.
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
'Our sensors allow the missile to locate and identify the target even if it's on the move.'
According to EY's private equity deal tracker, Brookfield-Reliance Jio's $ 3.7 billion deal is the largest ever PE/VC deal in India, surpassing the $ 2.5 billion investment made by Softbank in Flipkart in 2017.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
Time has now come for a pathbreaking 'Entrepreneurship Bill' pleads venture capitalist Soumitra Sharma.
As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.
Webvan, which blew more than $800 million in just over three years, is rising from the dead - in the form of an online grocery business called AmazonFresh.
While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.
As funding from foreign private equity and venture capital firms is the lifeline for most online retailers, the restriction on foreign direct investment is threatening to block any fresh investment into the sector.
Tata made personal investments in four companies last year.
The Finance Act, 2020, has inserted a sub-section, mandating a seller to deduct tax equal to 0.1 per cent of sale proceeds if the value of goods sold exceeds Rs 50 lakh in a financial year.
Snapdeal has a number of shareholders including Ontario Teachers' Pension Plan, PremjiInvest, Ratan Tata, Foxconn, Temasek and BlackRock, among others.
In India, he has already made investments in both his personal capacity and through DST Global, his venture firm.
Are we running a cricket match using football rules, asks Ajit Balakrishnan.
