"This fund will bridge funding gaps for early-stage start-ups leveraging cutting-edge technology, with SINE's expertise guiding the selection of ventures with high potential," said Shaji Varghese, CEO of SINE. The Institute, however, explained the difficulties faced in starting such an initiative. "Implementing a venture capital fund for an academic sector incubator is a complex problem. The returns for investors may not come in a very quick time," explained Santosh J Gharpure, the professor-in-charge of SINE. However, it will be streamlined sooner rather than later, he added.
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Denne historien er fra November 22, 2024-utgaven av The Free Press Journal.
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Sebi Clarifies Rules on Change in Control for Investment Advisers, Research Analysts, KRAs
Sebi on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment advisers, research analysts, and KYC registration agencies (KRAs).
Gilts end off lows as rupee recovers, auction result as expected
Government bond prices ended off lows due to a recovery in the rupee from record lows against the dollar, as well as firm demand for bonds at the weekly debt sale led to cut-off prices at expected levels.
How lenders have become the real stakeholders
In the evolving corporate ecosystem of India, stringent laws like the Insolvency and Bankruptcy Code (IBC) have reshaped the balance of power.
Indian Smartphone Market Poised for 6% Growth in 2025
The Indian smartphone market is poised for significant growth in 2025, with a projected 6 per cent increase (year-on-year) driven by improving consumer sentiment and government initiatives aimed at reducing unemployment, industry experts said on Friday.
Forex kitty drops by $8.478 bn to $644.391 bn
The country's forex reserves dropped by further USD 8.478 billion to USD 644.391 billion for week ended December 20, RBI said on Friday.
Rural, urban consumption inequality dips during Aug 2023-July 2024: Govt Survey
The Gini coefficient declined to 0.237 from 0.266 for rural areas and to 0.284 from 0.314 for urban areas
Coal exchange on anvil, work underway to raise output to meet demand
The coal sector is likely to witness a spate of activities in the upcoming year from launching maiden coal exchange to facilitating trading and rate determination of dry-fuel to meet the booming demand of the economy.
Rupee falls 21 paise to hit fresh record low of 85.48 per US dollar
The rupee opened weak at 85.31 and plunged 53 paise to the lowest-ever intraday level of 85.80
PSU Banks to Cross ₹1.5L Cr Profit in FY'25
Low NPAs and double-digit credit growth are expected to drive profits of public sector banks past the Rs 1.5 lakh crore milestone in 2024-25.
CAD moderates marginally to 1.2% of GDP in Jul-Sep qtr
RBI DATA | Despite merchandise trade deficit up to $75.3 bn
