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Rivals Cipla, Natco gain on Novartis drug patent rejection
Mumbai: Shares in Natco Pharma and Cipla gain after the Supreme Court dismissed Swiss drugmaker Novartis AG's petition seeking patent for its cancer drug Glivec. In a landmark judgment that has the potential to change the direction of India's pharmaceutical business, the Supreme Court said on Monday that the drug failed #cancer drug #Cipla #Natco Pharma #Novartis #StockWatch
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‘Religious institutions should be allowed to invest in startups’
A growing number of angel investors and venture capitalists in India feel that there is no need to wait for foreign investors to recognise and fund start-ups here. All the government needs to do is loosen its regulatory strings and let capital flow from one channel to another. Firstpost spoke #Budget 2013 #Private equity #Q&A #startups #Venture capital #YourNest Angel fund
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Fast delivery or wide offers: Get to know your online retailer
You log on with much excitement to check out the daily deal on your oft-visited e-commerce site. You manage to add your item to cart, make the payment and also receive that debit message from your bank—all of this before someone else takes away that last piece of the shirt. Then, #Delivery #discounts #E-Commerce #Fashionandyou #Flash sales site #Flipkart #HowThisWorks #Online retail
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Man on a mission: Bowei Gai’s startup tour across 29 countries starts in India
It’s not very often when an individual tries to bridge the gap left by media reportage. Even rare when an outsider tries to do it. Armed with a Carnegie Mellon degree and enviable work experience (read Apple, HP, AMD, LinkedIn), Bowei Gai, born to Chinese immigrant parents in the US #Bowei Gai #Crowdfunding #Q&A #Startup #Startup accelerator #Venture capital #World Startup Report
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Don’t just fret about women’s issues, ‘catapult’ your wallet too
We have all been outraged about violence on women . Question is if we are outraged enough to do something about it. Arguing about what the government should do and can do is a good intellectual exercise, but perhaps our wallets can also do some talking. Serendipitously enough, a startup can #Catapult #Crowdfunding #Donation #ThingsWeLike #Welfare #Women's issues
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Getting innovative with risk: When VCs think like start-ups
Venture capital is investing in a trial mode. It's trying test-driving as much as you would in a new highway, to decide which speed and gear suits it the best. While entrepreneurs are still jostling for the innovation space after getting funded because they know that with great capital comes great #500 Start ups #Entrepreneurship #Silicon Valley #Startup #Venture capital
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New agenda: VCs are thinking small, and beyond IITs
It's not very often that venture capitalists throw light on what interests them. In the panel discussion on VC opportunities in India, at the AVCJ private equity and venture capital forum 2012 held today in Mumbai, VCs from across the industry discussed both entry and exit opportunities in India. VCs finally #Conferences #Helion #HowThisWorks #IIT #Pankaj Jain #Startup #startups #Venture capital
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Why the-sanitary-pad man is a different entrepreneur
Arunachalam Muruganantham wants to go down in history as the first man who wore a sanitary napkin. But, he is more likely to be remembered as the man who made many women wear sanitary pads for the first time. His obsession with women's hygiene drove him out of village, made his #Feminine Hygiene #Frontrunner #Sanitary Pads #Social entrepreneurship
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Referral site Whistle Talk raises Rs 2 cr from Hyderabad Angels
Bangalore-based Whistle Talk, an online employee referral site, has raised close to $400,000 (about Rs 2 crore) from Hyderabad Angels. Whistle Talk uses social networking sites, such as Facebook, LinkedIn and Google Plus, to facilitate referrals for job openings. "We are specifically going after referrals because we notice that emails about job #Angel Investing #DealStream #Hyderabad ANgels #Online Referrals #Start up #startups #Venture capital
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Markets hold ground; SpiceJet up 13% on stake sale reports
The Indian equity markets ended the day steady with the Sensex closing at 18537, 0.16 percent and the Nifty closing at 5635.90 , both up about 0.2 percent, as information technology shares witnessed an uptick and investors waited for a decisive outcome on the government's FDI policy in the retail sector. In Parliament today, #Hindustan Copper #Jet Airways #MarketClose #Sensex #SpiceJet