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February 8, 2021 Startups in India will be able to avail financial assistance under the Rs 1,000 crore Startup India Seed Fund starting from April 1, 2021, the Commerce Minister of State Som Prakash informed Rajya Sabha last week. The scheme, announced by Prime Minister Narendra Modi in January, aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialisation. Rs 945 crore will be divided over the next four years f...

Illustration by Raj Verma "What defines us is how well we rise after falling," American author and motivational speaker Zig Ziglar had said famously. The Indian equity market seems to be re-establishing this with a remarkable upsurge from its March 2020 bottom. Benchmark indices have already tramped past their last January peak by around 19 per cent. But, after this extreme roller-coaster ride, markets have now turned cautious due to profit-booking globally. The Sensex is down 7.3 per cent from...

Vembu’s appointment comes days after he was conferred the Padma Shri by the Indian government on January 26 The NSAB gives inputs and advice to Doval, who in turn acts as a single point of contact for Prime Minister Narendra Modi on national security and issues of strategic interest Vembu’s appointment comes in a time when prominent stakeholders in the Indian startup economy are finding roles in public policy Image credits: Forbes. Indian SaaS giant Zoho’s founder Sridhar Vembu announced...

Nepean Capital. How are you viewing market strategy over the next couple of years post the runup? The single biggest surprise that we found in the Budget was the fact that there was no Covid tax, no inheritance tax, no wealth tax, no tax whatsoever -- which I think was a huge positive. I wish they had actually reduced the highest tax bracket down to 33% from 42.7%. But I still think the market is now right for the next leg of its rally and it is not driven only by foreign flows. If you look a...

Read more about Info Edge (India) Ltd eases for fifth straight session on Business Standard. Info Edge (India) Ltd is quoting at Rs 4361.15, down 0.07% on the day as on 13:19 IST on the NSE. The stock jumped 55.14% in last one year as compared to a 20.42% rally in NIFTY and a 53.28% spurt in the Nifty IT index.

Sudarshan Sukhani of s2analytics.com suggests selling Bajaj Finance with a stop loss of Rs 4,945, target at Rs 4,650 and Canara Bank with a stop loss of Rs 137, target at Rs 120.

“Great companies are capital efficient. Only companies that can sustain their listings should go public.”

New companies need person in leadership who understands data: Sanjeev Bikhchandani January 27, 2021 New companies that are starting out very often do not have a person at leadership who understands data and its usage or has any past experience with data, according to Sanjeev Bikhchandani, chairman of Info Edge India. Young companies do not use data the way they can or should, either because they’re not aware of the benefits or they don’t know how to. Explaining how Info Edge used data in th...

Updated Jan 26, 2021 | 17:00 IST The IPO market was buzzing last year, we saw 14 companies filing draft red herring prospectus. the year 2021 also will witness the same pomp with some of the common household startups in the fray. Representational Image&nbsp Key Highlights Last Year Route Mobile gave returns above 200% Info Edge parent company of Naukri has logged in a return of over 80%. 2021 is proving to be the year of startup IPOs. Zomato, Nykaa, Flipkart, Policy Bazaa...

Weekly Dossier | Pramod Gubbi, Nischal Maheshwari, Nilesh Shah & others on market trends The S&P BSE Sensex fell 0.3 percent, while the Nifty50 was down by 0.4 percent in the week gone by but a bigger cut was seen in the small and midcaps. Representative image | Source: Pixabay The S&P BSE Sensex climbed mount 50k and the Nifty50 breached 14,750 in the week gone by but profit-taking towards the end pushed the indices in the red. The S&P BSE Sensex fell 0.3 percent and the Nifty50 0.4 percent bu...