A new Bengaluru wave of first-generation science and tech billionaires is quietly changing the grammar of giving. It’s a shift that’s mirroring the nation’s expanding aspirations.
What has given entrepreneurs and engineers the impetus is the collective realisation that India cannot be solely dependent on other countries for drone technology.
Simplify compliance. Repair regulatory logjams. Provide transparent and equitable access to credit. Above all, change the culture—to one that celebrates effort.
As Piyush Goyal, Minister of Commerce and Industry, calls out startups for focusing on food and grocery delivery, founders say it's because the govt takes a toll on their functioning.
In 2023, the number of patents granted rose to 300 from 156 in 2022. More than 370 startups have emerged from its incubation cell since 2013, with market valuation of Rs 47,000 cr.
Fresh investments are coming with endless conditions. And the players are changing their operational style to meet efficiency. They must survive and show profits.
The day will conclude with announcement of equity-free grants worth over Rs 30 lakh awarded to startups with the best pitches as decided by the jury panel.
‘Angel tax’, introduced in 2012 in an attempt to prevent money laundering, referred to the tax imposed on excess capital raised over fair market value.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Cultivated meat is worst than American junk food
There will be political opposition to this.