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Posts Tagged ‘ Narendra Modi ’

SoftBank’s Masayoshi Son to visit India; big announcement on Ola expected

Monday, November 21, 2016 | More »

Masayoshi-Son
SoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom and Internet conglomerate is expected to make a few high-profile announcements, said two people directly aware of the upcoming visit. SoftBank is one of the largest investors ...

RBI

RBI eases norms for foreign investment in startups

The Reserve Bank of India (RBI) has allowed Foreign Venture Capital Investors (FVCIs) registered with the Securities and Exchange Board of India (SEBI), the capital markets regulator, to invest in Indian startups without any prior permission from the central bank. The RBI allowed such SEBI-registere...

21 October, 2016 | More »

Startup_mukul_fe

For founders, it’s easier to get into IIT than get tax benefits under ‘Startup India’ programme

Many startups in India have one or more founders who studied at one of the prestigious Indian Institutes of Technology after clearing an entrance exam that only three in 100 managed to pass in 2016. Some of them may now be realising there are tougher tests in life. Consider this: In 2016, 12.07 lakh...

20 July, 2016 | More »

Bhavish-helping-PM-Modi-book-Ola-e-rick

Ola reaches out to the last-mile urban commuter with e-rickshaws

Homegrown urban transport aggregator Ola has added electric rickshaws, or e-rickshaws, on its mobile app, with Prime Minister Narendra Modi taking the first ride in Noida, bordering Delhi. Ola’s newest offering – which was introduced at a ‘Stand Up India’ event in Noida by the Pr...

5 April, 2016 | More »

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Startups get five-fold hike in budget funding

A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi’s ambitious ‘Start-Up India’ initiative. According to Ashutosh Sharma, Secretary, Department of Science and Technology ...

10 March, 2016 | More »

Narendra Modi

Industry department ties up with Qualcomm to launch startup contest

Ahead of the Make in India Week, the Department of Industrial Policy and Promotion (DIPP) has launched a start-up contest to reward innovative ideas, and the winner is set to bag an equity investment of USD 3,50,000 as prize money from chip maker Qualcomm. The contest is being organised by the DIPP ...

4 February, 2016 | More »

Rahul Gandhi

Net Neutrality: Rahul Gandhi takes a dig at PM’s Digital India plan

Rahul Gandhi today accused the government of delaying a decision on the issue of net neutrality on “pretext” of repeated discussions and took a dig at Prime Minister Narendra Modi, saying his ‘Digital India’ scheme cannot become a “euphemism” for an Internet contr...

31 January, 2016 | More »

Narendra-Modi

Net Neutrality: 528 startup founders petition PM Modi

Paytm founder Vijay Shekhar Sharma, Zomato co-founder Deepinder Goyal, Sheroes’ Sairee Chahal and Practo co-founder Abhinav Lal are among the 528 startups that have signed an online letter urging Prime Minister Narendra Modi to uphold the principle of net neutrality. The letter, released by SaveTh...

25 January, 2016 | More »

Narendra Modi

The $1.5B Indian startup fund puzzle

Prime Minister Narendra Modi’s ambitious ‘Startup India, Standup India’ went down as a star-studded jamboree of entrepreneurs (click here for what he announced and here for the devil in the detail). Those who followed the measures more closely acknowledge the biggest steps revol...

22 January, 2016 | More »

Narendra-Modi

Deconstructing Startup India: What Narendra Modi didn’t say

The biggest takeaway from the government’s shindig with entrepreneurs last weekend is that it is trying to make life a bit easier for startups in the country, though the conservative way it defines a startup tends to take away some of its sheen. Indeed, a closer look at the fine print reveals ...

18 January, 2016 | More »

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