Hedge funds make a comeback in India; bet on 25 start-ups this year

Deal volumes similar to 2014, half of 2015, and thrice the deal volume in 2016 and 2018 Hedge funds, which led the start-up funding boom in 2015, are making a comeback, after taking a pause for a few years. And, it is not just Tiger Global, which has invested in 15 start-ups this year. Many … Read more

Ex Minister Smt. Sushma Swaraj’s last tweet: ‘I was waiting to see this day in my lifetime’

NEW DELHI: Just few hours before former foreign minister and BJP veteran leader Sushma Swaraj breathed her last on Tuesday night, she had thanked Prime Minister Narendra Modi for the Centre’s move on Jammu and Kashmir and said she had been ‘waiting to see this day in my lifetime’. “Narendra Modi ji – Thank you … Read more

Budget 2019: Five key income-tax related announcements FM made

While the income tax slab rates were kept unchanged, Finance Minister Nirmala Sitharaman on Friday announced a number of new income tax proposals while presenting Budget 2019. “My tax proposals will aim to stimulate growth, incentivise affordable housing, and encourage start-ups by releasing entrepreneurial spirits. It will also be geared towards promoting digital economy. I … Read more

Shri. Nitin Gadkari’s 5-yr roadmap: From 15L cr highways spend to globalising Khadi, MSME products

NEW DELHI: A go getter in Prime Minister Narendra Modi’s cabinet, Union Minister Nitin Jairam Gadkari in his second innings has lined up big plans — from infusing Rs 15 lakh crore in highways to propelling GDP growth by globalising khadi and MSME products. After taking charge of Road Transport and Highways and Micro, Small & Medium Enterprises … Read more

Automation: Why it can be a game changer for SMEs

Since the turn of the new millennium, the business landscape in India has undergone a major change, and one of the key drivers of that change is digitisation. With every passing day, we, as a nation have taken significant steps towards becoming a less-paper, less-cash society – shining examples of the same being the Digital … Read more

Budget for MSMEs

In the address of Interim Budget 2019, Finance Minister Shri. Piyush Goyal made several announcements for the promotion of Micro Small and Medium scale Enterprises. The Department of Industrial Policy and Promotion has now been renamed to Department of Promotion of Industries and Internal Trade. All matters related to promotion of internal trade, welfare of … Read more