Silicon Valley’s next hot startup isn’t likely to be a video chat app. Nor is it likely to be an on-demand service, like Instacart or Uber. But maybe it could be — and this isn’t a joke — a law firm. That is, at least, the ambition of Justin Kan, a serial entrepreneur who knows…
India’s best-known yoga televangelist has tapped into the security business, seeing an opportunity in Prime Minister Narendra Modi’s measures to cut VIPs treatment for politicians and high ranked government officials. Indian yoga guru Baba Ramdev, above left, who developed Patanjali into a food and consumer goods giant, has now tapped into the security business. In…
Technology platforms can have a deep impact if it touches the underserved segments of the population. Keeping this in mind, Dalberg Advisors and iSPIRT have thrown open a competition to entrepreneurs to build their innovative solutions on India Stack platform The first wave of technology entrepreneurship in the country touched the upwardly mobile section of…
McDonald’s has terminated the franchise agreement underpinning its 169 restaurants in northern and eastern India, after nine years of conflict that have weighed on its efforts to expand in the country. When the US burger chain entered India in 1996, it launched two joint ventures, including one with New Delhi property tycoon Vikram Bakshi, which…
Why does the country have so many regulators? Who evaluates their performance? Senior cabinet ministers that included finance minister Arun Jaitley faced a volley of queries from young business leaders during an interaction organised by Niti Aayog. Prime Minister Narendra Modi joined the 200 young business leaders for an informal interaction later in the evening…
The shareholders of Gland Pharma Ltd, including buyout firm KKR and Co., are considering selling a stake of up to 74% under the automatic approval route to China’s Fosun International after failing to secure government approval for an 86% stake sale so far, two people aware of the discussions said. The new structure is being…
The bull market in India has produced another record: the world’s best-performing stock among companies that have a market value of at least a billion dollars. For most of its life the brokerage Indiabulls Ventures Ltd. wasn’t even part of that club. An 890 per cent rally this year has revitalised a stock that was…
Sicap, a Switzerland-based global mobile network software solutions provider on Wednesday announced the opening of a Global Development and Support Centre (GDSC) in Kolkata, as part of the company?s expansion plan in the Indian market, hailed as one of the fastest growing telecom markets in the world. Sicap international teams are working closely in nine…
India enlarged the definition of what constitutes a startup to a venture that’s as much as seven years old from five now, relaxed the norms for tax benefits and included employment generation potential to give a big push to job creation and entrepreneurship. “These changes are an effort to ensure ease of starting up new…
Google has announced the fourth installment of its Launchpad Accelerator Program and this time, the focus is on Artificial Intelligence (AI) that has been the company’s buzzword lately. Six Indian startups have been shortlisted for the six-month program that kicks off in July. India has recorded the most number of startups selected this year, followed…