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Start-ups News

10 Aug 2023

Indian Startup Workers Get Average Salary Hike Of 8 To 12% In 2022-23: Report

According to the venture capital firm Elevation Capital, the performance of employees continued to hold 50 percent of the weightage on salary increments while taking on additional responsibilities and receiving a promotion factored in about 20 percent.

01 Jul 2023

India Sees Zero Unicorn In 2023 1st Half As Startup Funding Nosedives 70%

In H1 2023, the leading investors were IPV and Y Combinator and the largest funding round (in April) was reported by edtech unicorn Byju at $700 million.

28 Mar 2023

About 80% Of Early-Stage Startups Seeking To Grow Their Staff In 2023: Report

Notably, these startups have secured Series A and Series B funding, are well-capitalised, and are actively seeking to hire new talent.

11 Mar 2023

Biryani ATM: This Start-Up Launches India's First Biryani Takeout Outlet

The first unmanned biryani takeout location in India has been established by Bai Veetu Kalyanam, or BVK Biryani, in Kolathur. The business soon plans to open 12 other sites throughout the city.

Commerce Minister Piyush Goyal

25 Feb 2023

India Can Touch Up To $40-Trillion Economy By 2047: Piyush Goyal

"We have already moved from the 10th largest to the 5th largest economy, and have a young demographic dividend that is being recognised as our biggest asset," Goyal pointed out.

21 Dec 2022

Start-ups boom' in J&K! Over 400 registrations in 2 years, says govt

The government calls it a success as hundreds of start-up's have been established in Jammu Kashmir that not only promote the local traditional businesses but also generate employment for hundreds of educated youngsters.

Reserve Bank of India

04 Sep 2020

RBI revises priority sector lending guidelines; includes start-ups

The PSL will include bank finance to start-ups for up to Rs 50 crore. The targets prescribed for “small and marginal farmers” and “weaker sections” are being increased in a phased manner. Higher credit limit has been specified for Farmers Producers Organisations.

31 Jul 2020

Govt encouraging start-ups in agriculture to enhance income of farmers: Tomar

Tomar said the Agriculture Ministry is funding start-ups under the innovation and agripreneurship component of Rashtriya Krishi Vikas Yojana In the first phase (2020-21), 112 startups in the area of agro-processing, food technology, and value addition will be funded for a sum of Rs 1185.90 lakhs This fund will be released in instalments to contribute in enhancing the income of farmers, he added

07 Feb 2018

Do not take coercive steps against start-ups: CBDT to Taxman

For recovering pending taxes from start-ups under a specific provision of the Income Tax Act.

Small businesses

07 Sep 2017

Airtel launches GST Advantage for small businesses

Airtel Business, is the B2B arm of telecommunications service provider Bharti Airtel.

New Electronics Policy

16 Jun 2017

Keen on $1-tn digital economy, Govt to frame 3 new policies

The government will come out with three new policies, including electronics manufacturing and data protection, as part of its efforts to make India a USD 1 trillion digital economy in a few years.

Commerce and Industry Minister

16 Jan 2017

Commerce and Industry Minister signals start-ups may get tax benefits in budget

Commerce and Industry Minister Nirmala Sitharaman today indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.

30 Nov 2016

Indian startup ecosystem lucky to have Ratan Tata's support: Ola founder Bhavish Aggarwal

Amid the corporate war raging within Tata Sons, which has also highlighted Ratan Tata`s work as angel investor in startups after his earlier retirement in 2012, startup founders have come out in strong support of the Tata scion.

25 Aug 2016

IIT-B names, shames start-ups for reneging on job offers

In an unprecedented move, the Indian Institute of Technology-Bombay (IIT-B) on Thursday released the names of nine companies it has blacklisted for allegedly going back on plum job placements they offered to its students.

04 Jun 2016

IITs plan to blacklist companies which held back job offers

The companies such as Pepper Tap, Zimply and many more won't be allowed to participate in the placement session this year.

11 Mar 2016

Sebi to crack whip on wilful defaulters, relax start-up norms

Amid a huge controversy over loan defaults by Vijay Mallya-led UB Group firms, regulator Sebi plans to choke fund-raising taps for 'wilful defaulters' while fund-raising norms are set to be made easier for start-ups as part of wide-ranging reforms in capital markets.

10 Mar 2016

Start-ups get 5-fold hike in government budget for funding

A five-fold hike has been made by the government in its budget for funding start-ups in the next fiscal, a move which is in line with Prime Minister Narendra Modi's ambitious 'Start-Up India' initiative.

29 Feb 2016

Budget 2016: Companies Act to be amended for greater ease of business

A bill to amend the Companies Act will be introduced in the current session of Parliament for greater ease of doing business, including for facilitating registration of a new company in just one day, Finance Minister Arun Jaitley said Monday.

markets regulator

28 Feb 2016

SEBI board to discuss reform measures for start-ups

Markets regulator Sebi will consider next month proposals regarding favourable tax regime and steps to bring in long-term capital from domestic and overseas investors in alternative investment funds (AIF), including for start-ups and through avenues like crowdfunding.

27 Jan 2016

Ratan Tata invests in specialty tea firm Teabox for undisclosed amount

Ratan Tata has invested in specialty tea firm Teabox, thereby continuing his long series of investments in various start-ups globally in the recent past.

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