Calcutta: Vedanta Resources Plc, the world’s sixth largest diversified mineral resource conglomerate, will launch a Rs 5,000-crore venture capital fund for mineral-based manufacturing start-ups in India. Vedanta will partner top policy making body Niti Ayog and consulting firm Accentur…
Tag: IIM Calcutta
Empowering ecosystem: StartFed to help start-ups in Eastern India navigate challenges & opportunities
Kolkata: According to a Nasscom-Zinnov report released last year, India is expected to have over 10,500 startups by 2020. They are forecast to account for over 2.1 lakh jobs in the market. However, where do the opportunities and challenges lie for startups? Many of India’s new-age companies have …
CII joins hands with IIM-Calcutta to boost first-generation entrepreneurs
Kolkata: CII has joined hands with IIM-Calcutta to boost a group of 25 first-generation entrepreneurs. What is unique about the venture is that most of these entrepreneurs, hail from Kolkata and four of its adjoining districts like, Howrah, North 24 Parganas, South 24 Parganas and Hooghly, belong…
Snapdeal to invest $100 mn to boost fashion business
India’s third largest e-tailer Snapdeal will invest $100 million over the next one year to uplift its online fashion portfolio in the wake of surging competition from its peers. The Indi an e-commerce major will not only be focusing on selling branded products but will also build its own ca…
Too many GST rates could be disastrous: P Chidambaram
Former Finance Minister P. Chidambaram on October 24 said that too many GST (Goods and Services tax) rates would be ‘disastrous’ and advocated for reduction of rates in the new indirect tax regime. “A well designed GST is expected to have a standard rate, plus and minus standard rate. That latitu…