Focus should be on PE/VC exits to generate returns Developing stronger and sustainable business plans will help startups in receiving private equity/venture capital (PE/VC) funding, suggested a recent ASSOCHAM-Hammurabi & Solomon joint study.
Study warns of skill shortage in the sector Emerging technologies such as 5G, M2M and the evolution of Information and Communications Technology (ICT) are expected to create employment avenues for almost 870,000 individuals by 2021, according to an industry study.
Divestment has been slower till date The Indian government is expected to raise Rs.465 billion through stake sales in public sector business of the Rs.725 billion target it has set in the current fiscal year, according to report by the Development Bank of Singapore (DBS)
The IT leader wins contract from Grameenphone. Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) said it will use artificial intelligence platform for managing its five-year IT infrastructure and applications contract with Grameenphone (GP), a leading telecom operator in Bangladesh.
Compulsory private and innovative financing for Metros. The Union Cabinet has approved on 16 August 2017 a new Metro Rail Policy for private investments and to enable realization of growing metro rail aspirations of a large number of cities. The policy opens a big window
Proceeds to part finance expansion of yard projects. Cochin Shipyard has raised Rs1,442 crores from the Initial Public Offer (IPO) which has been a combination of fresh issue and offer for sale in the ratio of 2:1.
GEF Trust Fund to help strengthen institutional capacity. India has signed a Global Environment Facility (GEF) Grant Agreement with the World Bank for US$24.64 million for “Ecosystems Service Improvement Project”.
Industry grew at 17.46% CAGR in a decade Over the last decade, pharmaceutical companies in India has witnessed tremendous growth and advances with a CAGR of 17.46% and market value of US$36.7 billion in 2016, says BizVibe.
Digital connections for OneOffice concept HCL Technologies (HCL) has recently launched ‘Cognitive Orchestrated Process Autonomics (COPA)’ Platform for enterprise–wide process revamp and ‘Transformation through Autonomics & Orchestration (TAO)’, bringing top–end consulting services to enterprises, looking to rebuild their business and IT systems on the
Transparency in online platform wins consumers. Singapore financial technology start-up SingX aims to achieve S$250 million worth of online remittances by end of this year, most of it being routed to India.