Nearly four decades after launching Biocon, one of India’s earliest biotech companies, Kiran Mazumdar-Shaw is ready to be part of the country’s startup ecosystem. On October 3, she invested $1.6 million (around Rs 11 crore) in Philadelphia and Mumbai-based UE Lifesciences, the developer of an aff…
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Commerce Ministry wants priority sector status for export credit
The Commerce Ministry will seek priority sector status for export credit and focus on a revival of Special Economic Zones (SEZs), as it has identified six areas to prop up outbound shipments in goods, which contracted for a 15th straight month through February. Following the first meeting of a re…
Entrepreneurs Academy to catch them young
Here’s a chance for Indian children as young as 11 to learn how to start a company. The US-based Young Entrepreneurs Academy (YEA) is set to launch its first programme in India in August as it looks to groom budding entrepreneurs between the ages of 11 and 18. The 25-day course, with three-…