Investors placed bids for 221 crore shares against the 27.79 crore shares on offer as Meesho joins a long list of series of tech IPOs capitalising on a thriving primary market.
Increasingly, lenders have stepped in where equity funding has slowed amid global market volatility. But instead of helping startups, they end up extracting a pound of flesh that outlasts the crisis itself.
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.
The collusion between the new class of bureaucrats, politicians, businessmen and trade union bosses perpetuates itself partly because of the short-run benefits and partly because they see no way out of the system, wrote author MH Mody in 1980.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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