Skill is emerging as the new currency across businesses globally and in India," Seema Kumar told IANS.
The commerce and industry ministry said it has proposed a Rs 2,000 cr credit guarantee scheme for startups to help them access funds.
Revenue worth USD 25 bn can be generated in India and Israel through cumulative cross-border investment into start-ups in these two countries, a report said.
Private equity investment in May jumped 64% in value terms with deals worth USD 963 mn, mainly driven by big ticket investments, says a report.
Rolls-Royce plans to triple its workforce at its research and development centre in India by the year-end.
Investors based in Hong Kong are putting more money in start-ups and are increasingly looking at India as an investment option.
Ambani on Wednesday said it is essential to find a passion for solving a problem without focusing primarily on financial returns.
Sitharaman says the government will be a lot more flexible in dealing with issues raised by start-ups.
Tata has invested in Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi, Ola and DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox.
Sitharaman says Budget may come out with fine print on venture capital funding of start-ups.
Sells 85% of units in Project Forest Edge on day of launch
Board approves buyback of upto Rs 166 Cr At Rs 1,100/Sh
Gets environment approval for pesticide plant in Gujarat
Taj Mansingh Bidding may be delayed by a month
Business Standard Reports
BANK OF INDIA
Defers Rs 3,000 Cr QIP as Govt Infuses Rs 2,257 Cr
Business Line Reports