India Infoline News Service: March 6, 2013 Entrepreneurship, start-ups and the MSMEs create productive and sustainable jobs. We appreciate the recognition of making India an easy, friendly and helpful destination for doing business. It is a good promise that the cost of doing business shall be monitored too. Incubation centers to be seen as Corporate

Financial Express: March 2, 2013 Finance minister P Chidambarams new measures to support the countrys start-up ecosystem, including recognising angel investment, giving CSR status to tech incubators within academic institutions and providing a pass through status for venture capital funds, has struck the right chords. Chidambaram said that angel investors, who currently do not qualify

Business Standard: March 1, 2013 Angel investors in India, who are cheered over finance minister’s pat on the back, is yet to find out the impact if angel investments are treated under Category I AIF venture capital funds. During the budget speech, FM had said that SEBI will prescribe requirements for angel investor pools by

Times of India: March 2, 2013 BANGALORE: Angel investors have remained unsung heroes in the Indian funding eco-system so far. However, the Budget has now proposed to give them a better standing – on par with venture capital (VC) investors. This is expected to create buoyancy in the seed funding market, and boost entrepreneurship. Sunil

The Hindu BusinessLine: February 28, 2013 The Finance Minister’s proposals to set up technology incubators and linking this to the corporate social responsibility initiatives of a company has got a thumbs up from the industry. According to the Companies Bill, 2 per cent of net profit of a company can be used for technology-oriented incubation,

YourStory: February 28, 2013 The Indian Finance Minister is a popular man today. He has managed to put smiles on faces of many in the corporate world through what is being termed as a “prudent”, “safe” budget. Union Budget 2013 also made the fairer sex of our country feel special with provisions for ‘Nirbhaya Fund’

India Infoline News Service : March 6, 2013 We expect the honorable Finance Minister to encourage the flow of equity to start-ups for generating millions of productive jobs. Measures like permitting pension funds, provident funds, charitable & religious trusts to invest a small part of their corpus in Category 1 AIF and offering special incentives