Tag: IT

Telangana govt introduces Innovation Policy to help start-ups

The Telangana government has introduced the ‘Innovation Policy’ in order to attract big corporates to set up research arms and encourage entrepreneurs to establish start-ups in urban as well as in the rural areas. The innovation policy focus on the development of physical infrastructu…

Start-ups can now accept deposits from shareholders

In a move to simplify the process of raising fund for start-ups, the Corporate Affairs Ministry has allowed these companies to accept deposits from shareholders. This amount will be separate from their share in start-up. Prior to amendment in the rules of the Companies Act, only limited liability…