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Indian businesses ahead of global peers in preference for PE: Report

Loknath Das, , , , , , , , ,

About 56% of family-owned businesses in India will seek private equity funding as they look to grow their businesses, a new survey found. Globally, just 39% such businesses are willing to partner PE funds, it added. According to India’s Family Business Survey 2019 by audit and consulting firm PwC, 29% of Indian businesses were currently sourcing funds from PE and venture capital firms, against just 16% worldwide. About 25% of Indian family businesses were about to start using PE capital, the report said. PwC interviewed 2,953 family businesses globally for the survey,…

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Aaj Tak, India Today TV sweep Indian Television Academy Awards 2018

Loknath Das, , , , , , , , , ,

The India Today Group wins both Best Hindi and English News Channel. Continuing its winning streak for the 17th year, India’s no.1 Hindi News Brand , Aaj Tak once again dominated the Indian Television Academy Awards (ITA). Adding to the laurels of the India Today Group, India Today TV also bagged the award for best ‘English news channel’. Making the leadership undisputed, the Hindi and English News channels from TV Today Network Ltd, Aaj Tak and India Today TV have won the top awards across multiple categories at the Indian…

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Indian Angel Network plans investment in around 150 startups

Loknath Das, , , , , , , ,

NEW DELHI: Venture capital consortium Indian Angel Network (IAN) is looking to invest in about 150 start-up firms in coming 4-5 years, a co-founder of the investment group said. “We have made six commitments as of now. In next 4-5 years, we have plans to invest in 100-150 firms,” said IAN co- founder Saurabh Srivastava. He said there is no shortage of funds at IAN and investors are looking at right opportunities. “We have funded in range of half a million to a million. Some has been to the tune of 3…

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Dear ladies, exercise daily. Survey finds 60% urban Indian women at risk of diabetes

Loknath Das, , , , , , , , , , , , ,

Over 60% of urban Indian women do not follow a regular exercise regime, which puts them at increased risk of diabetes, according to the results of a new survey. Released on the occasion of World Diabetes Day, the survey conducted by diabetes care company Novo Nordisk India also showed that 73% of urban women in the country are unaware of gestational diabetes and its related health risks for the next generation. For the survey, over 1,000 women, belonging to the age group of 18-65 years were interviewed to draw insights…

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Indian Railways working on technology to achieve Mission 41 K; know what it is

Loknath Das, , , , , , , , , , , , ,

Indian Railways is working on technologies that will enable 40% substitution of diesel by compressed natural gas (CNG) in locomotives and nine-zoned solar panels on diesel electric multiple units (DEMUs). The move will help railways achieve its ‘Mission 41K’ target and reduce carbon footprint. The development comes close on the heels of railways flagging off a solar-powered DEMU, a six-coach rake, which is expected to save 21,000 litre of diesel annually, translating to savings of Rs 12 lakh, and also cut carbon emission by 9 tonne per year. Such initiatives are…

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Indian assistant prof and solar energy expert selected as ‘young scientist’ to address BRICS meeting in China

Loknath Das, , , , , , , , , , , , , , , ,

Hyderabad An assistant professor of a city-based University of Hyderabad (UoH) has been selected as young scientist to participate in the second BRICS meeting, scheduled from July 11-15, at Hangzhou in China. Murali Banavoth, who recently joined as an assistant professor at School of Chemistry in UoH, will be addressing on the theme titled Solar Energy in the BRICS meeting, a release from the University said today. After obtaining his Ph D, from the Indian Institute of Science, Banavoth moved to King Abdullah University of Science and Technology (KAUST) as post-doctoral…

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