Nov 25, 2016 - China agrees to import rice from 17 mills in India

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
It is important for startups to understand how VCs measure their success. Venture Capitalists are incentivized to bring in portfolio companies that can boost their portfolio IRR quickly. This helps them raise their next fund. This is what keeps investors in business - raising fund after fund. VCs mark up portfolio companies when they raise money at higher valuations, and these mark ups get factored into IRR. Company progress on KPIs, including revenue, typically do NOT get factored into IRR. More here

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Britannia holds back product launches, expects demand revival in 9-12 months

Britannia Industries has postponed product launches and expects consumption to revive in 9-12 months.

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NCLAT extends deadline to December 16 for implementation of Patanjali's bid for Ruchi Soya

NCLT had admitted the insolvency plea filed by two lead financial creditors Standard Chartered Bank and DBS Bank. However, later the Singapore-based DBS Bank became dissenting creditor and approached NCLAT challenging the distribution of proceeds from the bid submitted by Baba Ramdev-led Patanjali Ayurveda.

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