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GetVantage strengthens leadership team; plans to scale up its capital gateway and marketplace by 20 times“Their networks and wealth of experience in startup investments, finance, and entrepreneurship are helping unlock new growth opportunities ...
Sebi forms expert group to review norms related to share-based staff benefit, issue of sweat equityThe expert group would revisit the framework of share-based employee benefit and suggest policy changes.
Startups allowed to issue stock options to employees for up to 10 years from their incorporationAs per the notification, startups can issue sweat equity of up to 15% of their paid-up share capital.
Tax on allotment of start-up ESOPs removed by Budget 2020This is good news for employees of start-ups having ESOPs. Currently, the taxation of ESOPs is split into two components - (i) at the time ...
Startups to get 10-year waiver from regulatory filingsA government official said a notification would be issued soon to put into effect the proposed changes, although relaxation of norms on fin...
Naresh Goyal writes to staff: It's not the end of journey, but start of a brand new chapterIn an emotionally-charged letter to the 22,000-strong employees, Goyal also said the approval of the debt-recast plan will put the carrier ...
AI startup Innefu Labs raises $2 million from IndiaNivesh FundThe funds raised will be primarily used to enhance the AI platform that supports various law enforcement agencies for predictive intelligen...
Singhi Advisors picks stake in Rakesh Jhunjhunwala-backed companyThe 25-year-old investment bank has picked up stake in big bull Rakesh Jhunjhunwala-backed John Energy for providing strategic, financial a...
CBDT issues final rules for taxing share buyback by cosThe CBDT has introduced new Rule 44BB for computing amount received by a company in respect of issue of share for computing buy back tax pa...
Big Fish Ventures to invest Rs 250 crore on restaurant businessOn the company's agenda next is the launch of a new restaurant concept, “Local” - spread across 14,000 sq. ft. in Connaught Place in Delhi ...
HPCL, GAIL eye petrochemical plant in Andhra PradeshHPCL and gas utility GAIL India Ltd are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.
The essentials of the Incorporation process of a startupThe Incorporation process gives the startup a formal structure and some issues need to be meticulously considered to avoid eventualities in...
SRL Diagnostics plans to open labs in African countriesThe company will tie up with a local partner to set up reference laboratories and run for 5-10 years in Kenya, Tanzania, Mozambique and Uga...
Smile, TPG form $100 million JV to invest in e-commerce spaceThe group's partnership with TPG Growth. which aims to build businesses across APAC (Asia Pacific) and MEA (Middle East and Africa) has bee...
Accelerators like 500 Startups are using innovative strategies to woo young entrepreneursAs a new season of mentoring begins, accelerators such as 500 Startups are using innovative strategies to woo a diverse set of young entrep...
- I-Ventures Vulture fund raises $325 mn to invest in Indian cos in distress
AION, a special situations fund, will raise additional $175 mn as more Indian companies show signs of distress due to high rates.
Golf and three-martini lunches are passe; gym becomes the hot spot for networking in India IncTop executives and entrepreneurs are paying early morning or late evening visits to gyms to catch up with like-minded people even as they s...
Equity laws heat may make Pushkar 'sweat'A small detail in the country’s sweat equity laws could queer the pitch further for Sunanda Pushkar who is caught up in a raging controvers...
- RIL may offload stake in D6 block if it adds value proposition
Reliance Industries today said it may give out equity in its prolific D6 block in the KG basin only if it got a matching gas or oil field f...
- Britannia old-hand to help steer Australian cookie major's ops here
Former Britannia honcho Nikhil Sen is making a quiet comeback. He is set to pick up a strategic equity stake in Unibic India, the domestic ...