With angel investors and venture capital firms lifting their foot off the funding gas pedal, start-ups in India are for financial resources to not only survive but also for growing the market they’re in.
The IT minister said that he asked Jacobs to deploy Qualcomm’s resources to ensure digital content in Indian languages.
National Housing Bank calls for rationalisation in stamp duty from current levels of 6%-12%
In 2015-16, India became the world’s fastest growing large economy, overtaking China. India’s resurgence has renewed global interest in the geopolitical implications of India’s economic rise.
Named Avanti Finance, the company will focus on delivering affordable and timely credit to under-served and un-served segments in India, the company said in a statement.
Finance minister Arun Jaitley on Monday held meetings with UK Secretary of State for International Trade Liam Fox and US Secretary of Commerce Penny Pritzker.
Retail electronic clearing, which includes channels like NEFT and IMPS, among others, grew about 86 per cent to 3141.6 million.
Parekh said the country stands out well in comparison to its global peers with an expected GDP of above 7.5 per cent.
"Now, we are going to finalise the GST rates of taxes. And some people are talking about higher rates that will be very much against the interests of the economy. So, reasonable and low rates will be the best for the economy," Adi Godrej said.
The two sides are likely to discuss innovation and entrepreneurship, various other policies and measures to further trade ties between both the countries.
In recent years, the Gupta family has been the subject of many controversies, most of them linked to their allegedly close relationship with President Zuma and other top African National Congress leaders.
Spot yuan opened at an intraday low of 6.6850 per dollar, its weakest level since July 20, hovering around that area in early trade.
Winter Session of Parliament is normally convened in the third or fourth week of November but this year the government is looking at starting the month-long session immediately after the end of festive season.
As per the direction from the High Court, the Ministry has constituted the committee which will finalise its report by October 31, the official said.
A multi-disciplinary organisation, the Serious Fraud Investigation Office probes cases of financial frauds that are referred to it by the Ministry of Corporate Affairs.
The Chief Minister will reach New York on August 28 where he will be welcomed by the Overseas Friends of BJP (OFBJP).
It is not only resulting in weak revenues, but also building negative investor climate for the corporation.
A DGCA official said on Friday that the regulator plans to issue a circular next week in this regard.
The business potential of Vidarbha, with special focus on the defence sector, was discussed at a buyer-seller meet organised by Confederation of Indian Industries (CII) on Friday.
Indian firms raised $183.7 million via approval route while rest $1.02 billion was raised by way of automatic channel, according to Reserve Bank's data released August 26.
With credit growth to MSMEs on a continuous slide, Centre’s efforts at easing fund flow may bring some respite.
The RBI’s draft large exposures framework caps the LE limit for each counter party and group of connected counter parties at 20 per cent and 25 per cent, respectively, of the eligible capital base.
Banks also had put on the block some of the moveable assets of the company worth Rs 13.70 lakh lying at the Kingfisher House, for which, too, no bidders came forward.
Unified Payments Interface (UPI) is a payment solution which empowers a recipient to initiate the payment request from a smartphone.
CMR chief Mavuri Venkataramana voluntarily handed over the 23 acres of land to district collector and also urged the farmers to come forward to relinquish their lands.
As a share of gross domestic product, US annual business investment since 2008 has averaged nearly a full percentage point below the previous decade's average.
This undermines Prime Minister Narendra Modi's efforts to make the country look more attractive to foreign investors.
All projects will be entirely financed through loan from the LIC of India.
The new tax regime with Mauritius that was agreed upon in May automatically applied to Singapore-based companies thanks to the linkage between India’s DTAA with the two countries.
During January-December 2015, India had received only $0.08 million FDI in defence industries despite the government relaxing the policy for the sector.
India and Cyprus have a DTAA since 1994. Cyprus is a major source of foreign funds flows into the country.
The session will begin on August 30 next, additional secretary of the state legislature SR Zokhuma said.
The GST Bill needs to be ratified by at least 15 state legislatures before the President can notify the GST Council which will decide the new tax rate and other issues.
As against the MSMEs’ demand of Rs 26 lakh crore of loans, credit availability is only Rs 11.10 lakh crore with majority of such enterprises depending upon informal sources of financing.
Centre and states are running out of time to clear these projects which have been stuck since January 2015 due to various regulatory hurdles.
The decision was taken during its board meeting on Monday. “The exchange is committed to listing its shares at the earliest possible time frame,” said NSE in a statement.