Israel’s OurCrowd to expand investments in India

OurCrowd, a Jerusalem-based crowdfunding venture capital platform, is all set to spearhead its next India journey by identifying half a dozen startups and mulls investing around a total of $30 million. In an interaction with DH, OurCrowd CEO Jon Medved said he is buoyed by the growing global enthusiasm in the Indian startup ecosystem. “We have been witnessing Indian startups,…

Union Budget 2017 : How’s it Set to Impact These #5 Key Domains in India

Alright, before I take the plunge into revealing what I expect from the impending budget, let’s take a quick glance at numbers on how the Government has fared since its inception: Modi’s flagship Make in India initiative launched to create employment & self-employment saw huge traction with India’s gross FDI flow jumping by 27% a.k.a $45 billion in 2015-16, an…

UAE says ball in India’s court to set up $75 billion investment fund

The United Arab Emirates has attributed the delay in setting up the $75 billion UAE-India Infrastructure Investment Fund on New Delhi's failure in putting in place the necessary governance structures. The UAE is keen that New Delhi expedites the process and has also shown interest to have an 'open sky policy' in the aviation sector and an improved bilateral investment…

Differential impact of demonetisation across ABS transactions: Ind-Ra

Credit ratings agency India Ratings and Research (Ind-Ra) on Monday said it has observed differential impact of demonetisation across asset-backed securities (ABS) transactions. According to the agency's report -- Indian ABS Escape Demonetization Stress Tests with Bruises -- while the impact of demonetisation in the commercial vehicle (CV) and construction equipment (CE) loans has been marginal, it was more telling…

Top venture debt investors in India to ramp up investments this year

After a record 2016, India’s top venture debt investors are preparing to ramp up their pace of investments this year as venture capital investments slow down. The numbers say it all. Venture debt player InnoVen Capital India, which is backed by Singapore’s sovereign wealth fund Temasek, is aiming to conclude at least 50 deals to the tune of $75 million-$85…

UCWeb to invest Rs200 crore in India, Indonesia over 2 years

Guangzhou: Alibaba Mobile Business Group firm UCWeb plans to invest Rs200 crore in India and Indonesia over the next two years to push distribution of user generated content through its UC News platform. “We will invest Rs200 crore over the period of 2 years in India and Indonesia to push user generated content like blogs, short videos, non conventional news…

1 out of 5 global top executives scared of investing in India due to fraud risks

One out of five top executives of global corporations are apprehensive of investing in India because of concerns around frauds said Global Fraud and Risk Survey for 2016 published by Kroll, a global risk solutions provider. The report said that of the 545 respondents who were reached out to as part of the global survey around risks to business emerging…

Transforming India into a Global IT Manufacturing Hub

Information technology (IT) industry has played a key role in putting India on the global map and has over the years emerged as one of the most significant growth contributors for the Indian economy. While the Indian electronics sector has been witnessing a consistent growth in terms of market size, India lags behind in electronics hardware manufacturing capabilities due to…

Trump calls corporate tax border adjustment ‘too complicated’: WSJ

U.S. President-elect Donald Trump says the border adjustment provision, a feature of House Republicans' corporate-tax plan, is "too complicated", the Wall Street Journal reported on Monday. "Anytime I hear border adjustment, I don't love it", Trump told the newspaper in an interview conducted on Friday. on.wsj.com/2jiAaqj The border adjustment measure is part of U.S. House of Representatives Speaker Paul Ryan's…

Intellivate Capital Ventures Ltd calls for Board Meeting on Jan 23, 2017

A meeting of the Board of Directors of Intellivate Capital Ventures Ltd is scheduled to be held on January 23, 2017, to consider and approve the Un-audited Financial Results of the Company for the Quarter and Nine Months ended December 31, 2016. Further, pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015…