Tag Archives: 700

Nabard floats Rs 700 Cr venture capital fund for agri, rural startups

The National Bank for Agriculture and Rural Development (NABARD) has announced a Rs 700-crore venture capital fund for equity investments in agriculture and rural-focused startups. Nabard has been contributing to other funds till now, and this is the first time that the rural development bank has launched a fund of its own. The fund has been launched by Nabventures, a ... Read More »

HCL Tech To Buy Select IBM Products In 12,700 Crore-Rupees All-Cash Deal

The transaction, subject to regulatory reviews, is slated to close by mid-2019, HCL Technologies said. NEW DELHI: IT company HCL Technologies Friday said it will acquire select IBM software products for over Rs. 12,700 crore ($1.8 billion) in an all-cash deal. The transaction, subject to “completion of applicable regulatory reviews”, is slated to close by mid-2019, HCL Technologies said in ... Read More »

1,700 Startups Will Compete For A Seat In Karnataka Govt. ELEVATE 100 Programme

Karnataka Government has received 1,700 applications for its ELEVATE 100 initiative. Of these, the top 100 startups will be shortlisted to participate in the programme. ELEVATE 100 aims at elevating fledgling startups to the level of commercial success. The programme currently focusses on a number of diverse sectors, including IT, electronic system design manufacturing, animation visual gaming & comics, biotechnology, pharmaceuticals, agriculture, ... Read More »

Foreign Investors Pour Rs 9,700 Crore Into Capital Markets This Month

New Delhi: Foreign investors have brought in over Rs 9,700 crore into the Indian capital markets in the first two weeks of this month on improving prospects for the economy and hopes of better corporate earnings. Interestingly, most of the incoming investments are in the debt markets during the period under review. The investment in July is followed by an ... Read More »