Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest. As a result, they are increasingly getting involved in the operations of their portfolio companies, especially e-commerce companies and startups. Some are even taking control of the management of investee companies in order to prepare them for exits as in today’s environment investing is easy but cashing out profitably is not.
With enhanced technological advances and constantly depleting natural resources, there is an increasing need for companies to factor in alternative energy resources while not just devising new industry solutions, but also in planning organization’s sustainable future. Enterprises are now seeing the need to reduce carbon footprint and cut down energy costs to improve productivity and efficiency, but beyond that, it is essential for them to explore the opportunities in implementing renewable energy solutions.
From the results of two big IT service providers, namely HCL Technologies and Infosys, it is clear that Strategic Outsourcing (SO) is dying a natural death, believes Greyhound Research.
Flipkart, India’s largest online retailer, has shelved controversial plans to offer free access to its mobile app under a deal with Bharti Airtel.
“Start-ups” and “entrepreneurship” have definitely been the buzzwords in the Narendra Modi government as these words have found special mentions in the last two consecutive budgets. Finance Minister Arun Jaitley has allocated 1,000 crore to establish a mechanism to be known as SETU (Self-Employment and Talent Utilisation).