BUSINESS
SEBI eases norms for public listing of startups
The revised norms will also provide early-stage startup investors an easier route to exit.
BUSINESS
Bharat Biotech to expand manufacturing capacity to meet Covaxin demand: Report
Currently, the company is producing 40 lakh doses of Covaxin per month at its Hyderabad plant.
BUSINESS
Metapurse's Twobadour Paanar opens up on why they bought Beeple for $69 Million
India has a large bunch of blockchain developers, this is an opportunity to stay ahead of the curve, and spark an environment of entrepreneurship out of India, says crypto entrepreneur duo Vignesh Sundaresan and Anand Venkateswaran
BUSINESS
Exclusive | Accelerate with caution, do not fall into bad habits of the past: Sequoia India’s GV Ravishankar
Sequoia India’s GV Ravishankar, one of India’s most successful investors, says founders should not fall into bad habits of the past due to easy access of capital. He has also said it is a very difficult environment for founders and investors, as one is not able to understand what all the funding interest means.
BUSINESS
I got my vaccination certificate digitally. My friend in Seattle got it on a piece of paper: Nandan Nilekani
Talking about his journey from a software czar to a technocrat who played a central role in building India's digital rails, Nilekani said the most crucial trait a technocrat needs to have is the ability to build consensus.
BUSINESS
Indians should be allowed to have crypto as an asset class: Nandan Nilekani
Nilekani's stance is significant, as he is one of India's most prominent technocrats and has played a central role in building India's digital rails- be it Aadhaar, the UPI payment infrastructure, GST or FASTag.
BUSINESS
Indian investors give Govt's move to widen capital pool a thumbs up
The Finance Ministry, in a circular on March 17th, 2021, allowed privately managed provident, superannuation, and gratuity funds to invest up to 5 percent of their corpus in alternative investment funds (AIFs) such as SME funds, venture capital funds, social venture capital funds, and infrastructure funds.
BUSINESS
Valli Arunachalam moves waiver application to sue Murugappa Group
Valli Arunachalam's family owns 8.21 percent in Ambadi Investments, thus falling short of the minimum requirement by 1.79 percent.
BUSINESS
Women's Day 2021: Three female gig economy workers on what their jobs mean for them
This Women's Day, Moneycontrol brings you the story of three women who braved the odds and are part of the gig economy today:
TRENDS
Interview | Byju's Co-Founder Divya Gokulnath on global listing plans, work-life balance, future of teaching, and more
The co-founder of the $12 billion edtech behemoth tells Moneycontrol all about her plans to take her company global, how she deals with criticism and why she thinks the golden age of teachers is coming back.
BUSINESS
Wipro started as an oil mill 75 years ago. Today it bought a UK consulting firm for $1.45 billion
While analysts and industry watchers concurred that it was a bold move, they also expressed concern because integrating a consulting firm is not easy, simply because the culture and cost structure are completely different.
BUSINESS
PhonePe & Paytm lock horns: Both claim market leadership
Paytm is yet to put out a breakup of its numbers for February, so it’s hard to tell who really was No. 1 last month with both claiming to have recorded over a billion transactions.
INDIA
COVID-19 vaccination: Tech titans in Bengaluru lead from the front
Prominent citizens coming forward to take a vaccine jab is likely to bolster confidence and reduce vaccine hesitancy among the general public in India.
BUSINESS
EXCLUSIVE | We are feeling perfectly fine: Infosys co-founder NR Narayana Murthy after getting vaccinated
The vaccination process was seamless, and we did not have any problem in registering, says Infosys co-founder NR Narayana Murthy after getting vaccinated against COVID-19.
BUSINESS
Wipro under the spotlight for Citibank’s $900 million mess
Of the three people who executed Citibank’s gargantuan transfer by mistake, two were Wipro employees. What is the impact of the colossal blunder on Wipro and the Indian IT services industry?
BUSINESS
New book throws light on how Infosys tackled the pandemic
The book titled Live Enterprise captures the learnings of the IT services company from its journey in the past three years, including how it reinvented itself during the pandemic.
BUSINESS
Why Germany is saying Willkommen to Indian IT companies
While the European country is the fourth-largest economy, its leading enterprises have not outsourced heavily. With the onset of COVID-19, when German companies had to cut costs, they turned to Indian IT firms for help. For Indian firms, Germany has an outsourcing potential of about $40-50 billion.
BUSINESS
Online tutoring startup Vedantu acquires doubt-solving app Instasolv
Vedantu said the acquisition will strengthen its presence in Tier II and Tier III markets.
BUSINESS
IBM & Tech Mahindra deepen ties, target $1 billion annual revenue for three years
IBM chairman and CEO Arvind Krishna and Tech Mahindra CEO CP Gurnani said 40 percent of the revenue will be driven by Telco & 5G, powered by Hybrid Cloud, while 60 percent of the revenues will be driven by other industries.
BUSINESS
Entrepreneurs hail Narendra Modi government's move to free up mapping
Prime Minister Narendra Modi described it as a decision that would provide a huge impetus to Digital India and a massive step in its vision for Atmanirbhar Bharat.
BUSINESS
No plans to put cash into bitcoins at this stage: Infosys CEO Salil Parekh
Parekh's comments come at a time when there is a lot of uncertainty on the future of cryptocurrencies and Bitcoins in India.
BUSINESS
Interview | Infosys CEO Salil Parekh on growth momentum, demand for digital and cloud capabilities, and more
Infosys, which has been growing at a faster clip compared to rivals such as TCS and Wipro in the last few quarters, is confident about growing revenues in double-digits, on the back of robust demand for digital and cloud capabilities.
BUSINESS
EXCLUSIVE: Expect growth momentum to continue in near term, says Infosys CEO Salil Parekh
In an exclusive interview, Infosys CEO & MD Salil Parekh said digital and cloud capabilities are now more than half of its business and is growing at about 30 percent.
