Modi govt throws battered telcos a Rs 42,000-cr lifeline

In its first fund, which closed at about $50 million, Fireside Ventures took ownership of about 10% on average with a half-million-dollar cheque size, while the second fund will put in more money for a larger chunk of the firm, said founder Kanwaljit Singh.

• Ola driving to colleges for hiring
• Medikabazaar gets Rs 112 crore in Series B

These companies are using the services of startups such as IDfy, VerifyDigital, inVOID and Yoti to identify employees, run checks on gig economy workers and providers of shared services like bike rentals, car rentals, and for dating and marriage services.

• Telegram takes off in India as startups drive adoption
• DMA raises Rs 22 crore, set to go live in Jan

The investment, as per EasyRewardz executives, is part of an ongoing funding round that could also see the startup raise capital from others.

• What’s the best date to startup? Try April 1
• Nykaa fixes a data security bug

The mix of primary and secondary capital has given an exit to some of its angel investors.

• Twitter boards Paytm’s app
• Catching the neighbourhood shuttle

ANE is a premium brand that lists every ingredient it uses in the product in bold font on the front of the package to emphasize quality and induce trust and transparency in customers.

• Walmart takes a $290 million impairment on Jabong
• Jeff Bezos to visit India in January, may meet PM Modi

The school will use the capital to expand across major cities and enhance its offering.

• Healthians raises Rs 85 crore in Series B
• Uber Eats focuses on aggressive expansion in India

The ministry of consumer affairs is looking to add a section detailing penalties for ecomm firms.

• SoftBank's Paytm top-up to come with riders
• Valuations set for a correction in 2020, says Norwest’s Haque

The ecommerce marketplace is the top recruiter at the NITs, including those at Jalandhar, Trichy, Calicut and Malviya NIT, Jaipur. Amazon was day 1 recruiter at NIT Trichy this year along with others like Microsoft, DE Shaw and General Electric. Flipkart is looking to hire interns from the top 22 B-schools, according to a company spokesperson.

• MakeMyTrip looks to add over 10,000 alternative accommodations in India in 2020
• Sachin Bansal invests Rs 888 cr more in his venture Navi Tech

It is important to talk to kids about money issues in a way that it does not cause anxiety and provides the skills to deal with crises as adults. If you are struggling on how to tell your children about your current financial problems, here's help.

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• Why zero-risk investing means retiring in poverty

Failure of the telecom entity to continue as a going concern will potentially hit several debt schemes holding roughly Rs 2,023 crore worth of Vodafone Idea debt. According to data, schemes of four asset management companies hold the paper.

• PMC Bank crisis: Should you change your bank?
• How your dud stock becomes a long term investment

Historically, FPIs have bought into large cap counters. But it is different this time and they are now concentrating on mid-caps. A concentrated large-cap rally during the past year and resultant high valuation are the reasons why FPIs are bypassing large-caps.

• Are active large-cap MFs making a comeback?
• Your salary is likely to grow by this much next year

Shares of many companies took a beating in the past year due to numerous scandals that rocked corporate India. We take a look at the bad news and how it impacted share prices of these companies. We also tell you how to protect yourself from such risks.

• Why you should surrender endowment insurance covers
• Why this area in Bengaluru is a real estate hot spot

With its focus on financing of used vehicle sales along with the improvement in its asset quality, M&M Fin improved its market share during these difficult times. The company is also trading at reasonable valuations, unlike other NBFCs.

• What is term insurance with a monthly payout?
• CEO of HDFC Securities is betting on these sectors

Not only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly. Hence in this way, you can optimise your tax by rejigging your income and investments.

• Transmission of HUF's MF units when karta changes
• Why Panja needs to cut retirement corpus target

For retirement, the couple has estimated a need of Rs 4.6 crore in 12 years and can assign their EPF, NPS, stocks and mutual funds. Their other goals include building an emergency corpus, taking a vacation and saving for their son’s wedding.

• How health insurance claims get paid