MATRIX PARTNERS INDIA
Stanza Living raises Rs 40 crore from Alteria Capital
Founded in 2017, Stanza Living has so far raised $70 million from investors like Falcon Edge Capital, Sequoia Capital, Accel, Matrix Partners and Alteria Capital.
Whiteboard Capital mixes incubator, micro-VC approach
As the name suggests, Whiteboard Capital bet on founders even before their business pla...
Ground water could be India's big job killer
Over 14,000 applications for ground water extraction from industries in the north held back by C...
Why India's Pakistan policy needs a rethink
From Washington through European capitals to Moscow, Beijing and Tokyo, the world is taking a more relaxed view of Pakistan. At the same time, the view about India is taking a beating. Apart from major powers and the developed economies, almost all of India’s neighbours are also willing to carry on business as usual with Pakistan. Why?
Onion from Afghanistan cools down prices in India
As many as 50 trucks laden with onion crossed over to India across Attari check post and 55 trucks had brought the tuber on Monday this week. The landed cost of onion from Afghanistan is Rs 40-55 per kg while the local crop is priced at Rs 65- 75 per kg and retail prices are hovering over Rs 100 per kg. The spurt in international supply has cooled down wholesale prices of onion by 20-30%, said traders.
Doping in sports: What India can learn from Russian case
The Russian case is an opportunity for India to put its house in order. While at one level many saw it coming and were ready for it, activists and analysts have welcomed the move as a stern message to dope cheats. No country has the right to play foul and get away is the sentiment and to think that many worthy athletes had to miss out because dope cheats.
S&P to cut India's sovereign rating if economic slump persists
The agency, however, has maintained a BBB- rating for India, which is its lowest investment grade rating. Anything below this grade would adversely impact India’s benchmark 10-year bond yields, which are already on a performance slump. Economic affairs secretary had on Dec 3 tweeted that S&P has reaffirmed sovereign rating at BBB- with stable outlook.
India may switch to chain base mechanism for GDP estimates
The govt is considering moving to the chain base method of calculating the gross domestic product.
Next big wave of technology Unicorn listings could be in India
Mohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” and India investors have shown a willingness to pay up for growth stocks.
Landmark day for India, its ethos of compassion and brotherhood: Modi on CAB passage
The bill will "alleviate sufferings of many who faced persecution for years" PM Modi wrote on Twitter. Modi also expressed gratitude to all members of RS who voted in favour of the bill. Rajya Sabha approved the bill, completing the legislative procedure for giving Indian citizenship to non-Muslim migrants from Pakistan, Afghanistan and Bangladesh.
TikTok owner has a new music app for India - Resso
ByteDance Inc is testing a new music app in India and Indonesia as it tries to pull off another global sensation.
India's fuel demand growth hits 23-month high in November
Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month, preliminary data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed on Wednesday.
Netflix tests multi-month packs in India to woo new users
According to sources, Netflix has started testing multiple months subscription plans (three, six and 12 months) that will be offered at a discounted price.
Citizenship Amendment Bill decoded: What it holds for India
The Citizenship Amendment Bill, 2019 proposes to accord citizenship to illegal Hindu, Sikh, Buddhists, Jains, Parsis and Christian migrants from Pakistan, Bangladesh, and Afghanistan. It, naturally, implies that migrants, who identify themselves with any group or community other than those mentioned above, from these countries won't be eligible for citizenship.
Amazon growing grocery biz, says India head
Amazon plans to achieve its goal through a combination of formats including Amazon Fresh and Amazon Pantry and delivery of daily items from brick-andmortar outlets of partner retailers More, Future Group. The long-term goal for Amazon is to turn India into the largest overseas subsidiary for the Seattle-based company.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service