Rahul Gandhi casts a long shadow over MPC
Every fiscal act has a monetary implication. So would NYAY.
Does yield curve predict recession with precision? Answer is a ‘Big No’
History shows curve flattening implies slower growth but recessions a...
Caspian wants Rs 600 crore to try its novel instruments funding
New funding model will help founders in need of short-term funds in social an...
Fintech platform Kaleidofin raises Rs 18 crore in seed round
“Kaleidofin aims to be the financialadvisor for potentially 600-million plus informal sector customers,” said Sucharita Mukherjee, founder, Kaleidofin.
Chennai-based Veritas raises Rs 200 crores from Norwest Venture Partners in Series D round
The company currently has a loan book of Rs 530 crore. Arulmany said the he expected the loan book to increase to over Rs 800 crores in FY18-19 and then up to Rs 1500 crores in the following fiscal, FY19-20.
E-tailers, traders hail new norms but small vendors fret over 25% limit
Small and medium-sized vendors appreciated the norm barring e-commerce firms from discrimination among vendors in any form but questioned the feasibility of its implementation by platforms.
Is ethical investing good for your portfolio?
Ethical investing entails making investments driven by an investor’s core values— moral, environmental, social or even religious. Find out if this is good for your portfolio.
Omidyar Network, Sunil Munjal in talks to invest in Metrobikes
Metrobikes first raised Rs 5 crore in a seed round in 2015. Metrobikes, originally called ‘Wicked Rides,’ launched as a premium motorcycle rental company in May 2014.
Upturn in investment cycle could last upto 2022-23: Study
However, the study says investment could be hit if inflation adjusted real lending rates rise.
Government to launch broadband readiness index of states: Aruna Sundararajan
Aruna Sundararajan said the Ministry of Electronics and IT has also shown interest in states readiness index and want to expand it further.
Commerce ministry for removal of sunset clause for SEZs
In a letter to the finance ministry, the department of commerce has also asked for removal of minimum alternate tax on SEZs.
Government may ask RBI to classify renewable energy projects under priority sector lending
This comes as stress in the conventional power sector is reflecting negatively on the renewable energy sector, and project developers raise concerns around bankers being reluctant to fund renewable energy projects.
LeapFrog buys majority stake in Ascent Medi
Founded in 1991 by Rajiv Mistry, Ascent sold 15 million products in 2017 through 1,50,000 retail pharmacy points spread across 12 states in India.
Omidyar Network outguns local VCs in startup bets
The firm is also looking to tap into its global network to recreate successful global businesses in India and vice versa to expand its portfolio reach.
Should mutual fund investors alter their strategy after Budget 2019?
Three days after the budget, most fund managers believe that investors should wait for the full budget for firm clues.
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