Tag: National Stock Exchange

  • NSE launches Ideabaaz to fuel India’s startup dreams and entrepreneurial spirit

    NSE launches Ideabaaz to fuel India’s startup dreams and entrepreneurial spirit

    MUMBAI: If stock markets run on bulls and bears, India’s newest marketplace is running on ideas. At the National Stock Exchange (NSE), where fortunes rise and fall by the tick, Ideabaaz, the country’s first integrated startup-investor marketplace and entrepreneurial reality show was officially launched, promising to turn kitchen-table dreams into boardroom deals.

    Ideabaaz pitches itself as more than just another startup show. It combines investor matchmaking, mentorship, professional services, and transparent tracking, all with a strong focus on growing Indian cities. Its mission: to empower a billion dreams and turbocharge India’s economic engine.

    “This is not just about entertainment,” emphasised the team. “It’s about access to capital, to mentors, to opportunities that were once out of reach for small-town innovators.”

    For Della Town founder & CME Jimmy Mistry  the platform resonated with his vision of building “Brand India” on the global stage. “When Subhash showed me the idea of Ideabaaz, he knew how much social impact and brand India meant to me. At Della Township, we’re building the world’s first self-generating townships. My dream is to create India’s first global metal luxury brand something that hasn’t happened in 78 years of our freedom.”

    Mistry called Ideabaaz a movement as irreversible as globalisation in the ’90s, “Every family in India should have one member aspiring to be part of the startup ecosystem. With Ideabaaz, the exponential growth in startups could be 10x. India will never be the same again.”

    Sharrp Ventures managing partner, Rishabh Mariwala praised the grit behind the show itself. “I wouldn’t have imagined something like Ideabaaz happening at NSE. But here we are, it started as an idea, and today it’s a reality. In venture capital, we invest in founders, and what I’ve seen here is grit and determination. From a seed stage, this idea has gone on to an IPO. That’s timeless.”

    He also tipped his hat to the unsung backstage crew: “The titans get the praise, but the team Raj, Mudit, Jeet, Kailash are the heroes. Two years of hard work made this happen.”

    IDFC First Bank head of retail liabilities Ashish Singh spelt out why it was backing the platform financially. “At IDFC First Bank, we believe India’s true strength lies in the aspirations of ordinary men and women with extraordinary dreams. Ideabaaz gives middle-class Indians with ideas the wings to fly. For us, it’s not just about banking, we don’t just provide banking, we provide belief.”

    He laid out how the bank plans to power entrepreneurs “from idea to enterprise”: “Through zero-balance current accounts, digital-first cash management, lending products and an ecosystem of mentors and investors, we want to walk with startups from the earliest stage. Together, we’re not just launching a programme, we’re unlocking the Bharat of our dreams.”

    Adding glamour to grit was Wizcraft co-founder & director Sabbas Joseph who joined as an investor and mentor. His presence underlined the show’s crossover appeal, blending entrepreneurial drama with real-world impact.

    The launch also welcomed IIT Madras Research Foundation CEO Madhav Narayan who brings decades of global tech leadership to the startup fold, and Devostat, global CEO Venkat Raju known for incubating ventures in AI, fintech, healthtech and EVs.

    Rounding out the ecosystem voice was ISBA (Indian STEPs and Business Incubators Association) CEO Prasad Menon who reminded the gathering that: “In India there has never been a deficit of ideas, nor of money. The deficit has been of empathy and compassion. Incubators, like Ideabaaz, exist to bridge that gap. We’re not-for-profit, we’re enablers and when the intent is strong, success is inevitable.”

    From luxury brands to self-generating townships, from Tier 3 innovators to legacy business leaders, the voices at NSE agreed on one thing: Ideabaaz is not just a show, but a movement.

    The platform hopes to democratise entrepreneurship in a way that India has never seen before. As Jimmy Mistry put it, the herd will follow once the first few succeed and Ideabaaz wants to ensure the runway is long enough for everyone to sprint.

    Liberty Shoes executive director Anupam Bansal admitted his initial hesitation, “When Raj (Nayak) first called me about Ideabaaz, I was nervous. We’re real businesspeople, not actors. But when I came to the show, I saw it was about real people and real startups.”

    He added, “Coming from a legacy business, I’ve learnt so much from the youth here, their innovation, their energy. We’ve even started collaborating with engineering institutes thanks to the ideas sparked. Supporting the ‘Made in India’ ecosystem is an honour. Our campaign ‘Mera Joota Hindustani’ aligns perfectly with this spirit.”

    Perhaps the most heartfelt reflection came from V3 Ventures co-founder & managing partner Arjun Vaidya who said: “When I returned to India in 2013, the dream was to leave. Today, the dream is to build here. In 2016, only 500 startups were funded annually. I myself pitched to 75 investors and failed every single time. That’s why platforms like Ideabaaz matter, they give founders validation, not just valuation.

    He recalled a standout moment, “On the show, we saw the largest deal in Indian TV history. But the best moment for me was when a founder’s mother quietly sat in the audience, then broke down in tears as her son won a deal. That’s what entrepreneurship is, it’s about families, sacrifices, and dreams taking flight.”

    The tagline of Ideabaaz “Idea aapka, paisa hamara” summed up the mood. For some, it was about investments. For others, mentorship. For all, it was about creating a democratic platform where every founder, from a village kitchen innovator to a tech disruptor, could showcase their vision.

    As Arjun Vaidya aptly put it, “Entrepreneurship is India’s new cricket, and founders are the new rockstars. Actors and athletes get fame, but every founder is putting in 14-hour days whether they’re doing Rs five lakh, Rs 50 lakh or Rs five crore a month. Ideabaaz finally gives them a stage.”

    The launch at NSE wasn’t just a ceremonial ribbon-cutting, it was a statement. India is no longer content with being a land of job seekers; it is a nation of job creators.

    With Ideabaaz, the bell has been rung. Now, it’s time to see which startups echo loudest across India’s entrepreneurial corridors.

  • Ideabaaz:  NSE takes stock of startups as women-led ideas drive India’s growth

    Ideabaaz: NSE takes stock of startups as women-led ideas drive India’s growth

    MUMBAI: If stock markets run on bulls and bears, India’s newest marketplace is running on bold ideas led by women. At the National Stock Exchange (NSE), where fortunes rise and fall by the tick, Ideabaaz, the country’s first integrated startup-investor marketplace and entrepreneurial reality show, made its debut, promising to turn kitchen-table dreams, especially those of women entrepreneurs into boardroom breakthroughs.  

    The launch, presided over by NSE MD & CEO Ashishkumar Chauhan, brought together an eclectic mix of business leaders, venture capitalists, founders, and dignitaries, signalling that women-led entrepreneurship is now centre stage in India’s economic playbook.

    The emphasis on mentorship is particularly significant. Experienced entrepreneurs, investors, and industry leaders are providing guidance that goes beyond capital helping women navigate regulatory hurdles, refine business models, and scale operations. “Mentorship is the bridge between dreams and execution,” noted one participant. “It’s what transforms ideas into sustainable businesses.”

    Networking opportunities are another cornerstone. Ideabaaz brings together founders, investors, and experts under one roof, enabling women entrepreneurs to learn from peers and industry veterans alike. The connections made here could define the trajectory of India’s next unicorns, and the programme ensures that women are front and centre in these high-value interactions.

    Ideabaaz pitches itself as more than just another startup show. It combines investor matchmaking, mentorship, professional services, and transparent tracking, with a strong focus on women entrepreneurs in growing cities and towns. Its mission: to empower a billion dreams and turbocharge India’s economic engine. “This is not just about entertainment,” emphasised the team. “It’s about access to capital, to mentors, to opportunities that were once out of reach for small-town innovators.”

    Among the most rousing voices was SheThePeople and Gytree founder Shaili Chopra who said: “My introduction often says I’m ‘Women Entrepreneurship’s OG Queen,’ a crown I wear with pride but also with responsibility for the 6.2 million women in our network and 70,000 women entrepreneurs we meet every day. At Ideabaaz, we multiply that number seriously. We are a country of 1.5 billion, half of them women, we deserve half the opportunity and half the voice.”

    She added with characteristic punch: “Indian women entrepreneurs are not the side story, they are the centrepiece. They don’t wait for the stage they take it. From kitchens to boardrooms, women are shaping India’s growth story. And as we build this idea of ‘We the People of India,’ let’s not forget ‘She the People of India.’”

    For The Sleep Company co-founder Priyanka Salot, the moment was emotional: “As a founder, I’ve always got goosebumps watching someone ring that NSE bell. Today, being part of Ideabaaz makes it real. I started in a small town with a very big dream, and in six years of building The Sleep Co, I’ve learnt that India is the best place in the world to be an entrepreneur.”

    She stressed the macro context saying: “We’re on track to a 5 trillion dollars economy, and the backbone of that will be startups. Ideabaaz matters because it’s not just a show, it’s a movement. It gives wings to ambitions, showcases the strength of Indian innovation, and provides not just money, but mentorship and learning. Dream big, execute bigger.”

    Financial empowerment goes hand-in-hand with recognition. By giving women founders a chance to pitch directly to investors, Ideabaaz is fostering an ecosystem where funding decisions are merit-based and inclusive. For many participants, this is the first time their businesses are being assessed purely on potential, innovation, and execution, rather than traditional biases.  

    Rukam Capital founder & managing partner Archana Jahagirdar brought the VC lens: “Next year marks 10 years since the startup boom, and look how far we’ve come. Today, nearly 2 lakh startups are registered with DPIIT. At Ideabaaz, I’ve seen founders from every corner of India, every language, every kind of business. We’ve backed them with money, but more importantly with our time and belief. Capital is critical, but mentorship is priceless.”

    If the stock exchange has long been the temple of capital, then on this night, it became the stage for women-led ideas. The bell has been rung. Now it’s time for female founders across India to take their shot, proving that the next wave of entrepreneurial success will be driven by women with ambition, vision, and the right platform to shine.

  • Rakesh Rajput bids adieu to Havells after 21 years

    Rakesh Rajput bids adieu to Havells after 21 years

    MUMBAI: Havells India Ltd has announced the resignation of Rakesh Rajput as executive vice president for sales & marketing of the cable division effective 11 March 2025. Rajput, who has been a key pillar of the organisation for over two decades, is stepping down for personal reasons, bringing an emotional close to his illustrious 21-year tenure.

    In his resignation letter, Rajput expressed gratitude to Anil Rai Gupta, chairman & MD of Havells, and the late Qimat Rai Gupta, acknowledging their trust and support in shaping his career. “This was a difficult decision, but the memories and experiences I have gathered at Havells will always stay with me,” he wrote, reflecting on his journey with the company.

    Havells, one of India’s top electrical goods companies, has yet to announce a successor for the EVP role. The company’s leadership transition comes at a time when it continues to expand its market presence in the consumer and industrial segments.

    Rajput’s departure marks a significant shift in Havells’ senior management, as the company navigates a dynamic business landscape. Industry insiders anticipate an announcement regarding the next phase of leadership soon. This resignation was formally communicated to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in compliance with SEBI’s listing obligations.

  • Swiggy’s landmark IPO wins equity issue of the year at IFR Asia Awards 2024

    Swiggy’s landmark IPO wins equity issue of the year at IFR Asia Awards 2024

    MUMBAI : Swiggy has made headlines by clinching the Equity Issue of the Year 2024 award at the IFR Asia Awards, recognising its record-breaking IPO that raised Rs 11,327.43 crore. As India’s top on-demand convenience platform, Swiggy’s public debut wasn’t just a financial milestone but a statement of its growing influence in the consumer-tech space.

    Swiggy’s shares debuted on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on 13 November 2024, receiving a strong market response.

    Swiggy CFO Rahul Bothra said , “Receiving the ‘Equity Issue of the Year’ award from IFR Asia is a significant honour. This recognition reflects our strong business fundamentals, operational excellence, and the confidence of both Indian and global investors. The overwhelming response to our IPO underscores our vision to redefine convenience while fostering a sustainable, technology-driven ecosystem. We remain committed to delivering long-term value to all stakeholders.”

    Presented by the International Finance Review (IFR), the IFR Asia Awards are among the most prestigious honours in the financial industry, celebrating excellence in capital markets across the Asia-Pacific region. Swiggy’s IPO has set a new benchmark in the consumer technology sector, highlighting its scale, resilience, and promising growth trajectory.

  • Zee-Sony merger gets nod from stock exchanges

    Zee-Sony merger gets nod from stock exchanges

    Mumbai: Zee Entertainment Enterprises (Zeel) on Friday received approval from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for its proposed merger with Culver Max Entertainment (formerly Sony Pictures Networks India).

    “The approval from the stock exchanges marks a firm and positive step in the overall merger approval process,” said the company statement. The approvals permit the Zee to proceed with the next steps in the overall merger process.

    The composite scheme of arrangement remains subject to applicable regulatory and other approvals.

    The Zee-Sony merged entity will be one of the largest media and entertainment players in India with close to $2 billion in revenue. Zeel MD and CEO Punit Goenka will serve as the managing director and chief executive officer of the merged entity over the next five years.

    After the closing, Sony Pictures Entertainment, which owns Culver Max Entertainment, will indirectly hold a majority of 50.86 per cent of the combined company, the promoters of Zeel will hold 3.99 per cent, and the remaining Zeel shareholders will hold a 45.15 per cent stake.

    It has been seven months since the two companies announced their intention to merge by signing definitive agreements.

  • PVR-Inox merger gets approval from BSE & NSE; it will reshape multiplex business

    PVR-Inox merger gets approval from BSE & NSE; it will reshape multiplex business

    Mumbai: PVR and Inox Leisure on Tuesday disclosed that the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have given their clearance with regards to the scheme of amalgamation or merger deal between the two companies.

    The decision to merge was first proposed on 27 March before the board of directors of the two companies. The combined entity called PVR-Inox would become the largest film exhibition company in India operating 1546+ screens.

    Post the merger, the promoters of Inox will become the co-promoters in the merged entity along with existing promoters of PVR. The board of directors of the merged company will be reconstituted with a total board strength of 10 members & both the promoter families having equal representation on the board with two seats each. PVR promoters will have 10.62 percent stake while Inox promoters will have 16.66 percent stake in the combined entity

    PVR chairman Ajay Bijli will lead the combined entity as managing director. Sanjeev Kumar will be appointed as the executive director. Pavan Kumar Jain will be appointed as the non-executive chairman of the board. Siddharth Jain will be appointed as non-executive non-independent director in the combined entity.

    When the merger becomes effective, shareholders of Inox will receive shares of PVR in exchange for shares in Inox at the approved share swap ratio. Inox shareholders will receive three shares in PVR for 10 shares of INOX.

    The merger will be an all-stock amalgamation subject to approval of the shareholders of PVR and Inox respectively, stock exchanges, SEBI and such other regulatory approvals as may be required.

  • National Stock Exchange of India announced 6th season of NSE FinWiz powered by CNBC-TV18

    National Stock Exchange of India announced 6th season of NSE FinWiz powered by CNBC-TV18

    MUMBAI: National Stock Exchange of India (NSE), India’s leading stock exchange launched season 6 of NSE FinWiz at the NSE Auditorium on 27th November, 2018. This initiative was powered by CNBC-TV18, India’s No. 1 business news channel. With the latest edition, the property aimed to improve the financial literacy of young Indians to empower them in making the right investing decisions with advice from credible financial specialists. 

    Celebrating 25 years in existence, NSE revamped their logo to signify holistic prosperity for all, which also inspired the theme for this edition, “Invest in Yourself: Your Path To Prosperity”. The evening commenced with a welcome address by Manisha Gupta, Editor – Commodities & Currencies, CNBC-TV18 who set the tone for the evening. Following which was an opening address by Vikram Limaye, MD & CEO, NSE who then engaged in a discussion on the 25 years of National Stock Exchange and the road ahead for the exchange, financial discipline, smart investing and more with Ms. Gupta. The evening then continued into a riveting panel discussion on the topic of ‘Creating prosperity with financial discipline’ with esteemed panellists such as Niranjan Hiranandani, Co-Founder and MD, Hiranandani Group, Sharad Mittal, MD, Motilal Oswal Real Estate Fund, RM Vishakha, Managing Director and CEO, IndiaFirst Life Insurance, Radhika Gupta, CEO, Edelweiss Asset Management Ltd., Feroze Azeez, Dy CEO, Anand Rathi Private Wealth Management, and was moderated by Ms. Gupta.

    Speaking about the initiative, Vikram Limaye, MD & CEO, NSE said, “The crux of our initiative was to enrich the youth with financial education. Being key contributors and growth drivers of our economy, empowering them would consequently help bolster the economy of the nation as well. With CNBC-TV18 on board, we aim to efficiently reach out to our target audience using effective communication. We hope that the partnership will culminate into a successful synergy and help us achieve our goal.”

    Manisha Gupta, Editor – Commodities & Currencies, CNBC-TV18 commented the launch saying, “At CNBC-TV18 we have always endeavoured to equip our viewers with knowledge on the corporate world, financial markets, investments, various industry verticals and beyond. The NSE FinWiz is yet another step in the same direction to capacitate young investors with the information they require to make the best possible investment decisions.”

    The initiative is an effort to foster a generation of smart investors thereby aiding the overall economy of the country as well. 

  • Zee Media appoints Sumit Kapoor as CFO

    Zee Media appoints Sumit Kapoor as CFO

    MUMBAI: Zee Media Corporation Limited (ZMCL) has informed the BSE and the National Stock Exchange of India that Sumit Kapoor has been appointed as the chief financial officer (CFO) of the company with effect from 16 December, 2016. Kapoor has replaced Dinesh Garg, ZMCL company secretary Pushpal Sanghavi informed the exchanges.

    Kapoor, a commerce with MBA from IIT Roorkee (with specialisation in finnnce & marketing) has also completed one-year Certificate Programme in Management and Leadership from Harvard Business School, Boston.

    Kapoor is a senior professional with experience of over 15 years in business strategy and planning, investment proposals (national/international) and investors relations with various corporate houses including Monnet Group, E&Y, CB Richard Ellis and Delloitle.

    His last assignment was with Monnet Group, Delhi, as a senior resource – strategic finance/business strategy & head – investors relations.

  • Zee Media appoints Sumit Kapoor as CFO

    Zee Media appoints Sumit Kapoor as CFO

    MUMBAI: Zee Media Corporation Limited (ZMCL) has informed the BSE and the National Stock Exchange of India that Sumit Kapoor has been appointed as the chief financial officer (CFO) of the company with effect from 16 December, 2016. Kapoor has replaced Dinesh Garg, ZMCL company secretary Pushpal Sanghavi informed the exchanges.

    Kapoor, a commerce with MBA from IIT Roorkee (with specialisation in finnnce & marketing) has also completed one-year Certificate Programme in Management and Leadership from Harvard Business School, Boston.

    Kapoor is a senior professional with experience of over 15 years in business strategy and planning, investment proposals (national/international) and investors relations with various corporate houses including Monnet Group, E&Y, CB Richard Ellis and Delloitle.

    His last assignment was with Monnet Group, Delhi, as a senior resource – strategic finance/business strategy & head – investors relations.

  • 3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    3M India appoints Debarati Sen as MD; Amit Laroya elevated to 3M Korea MD

    MUMBAI: 3M India, the Indian subsidiary of US multinational conglomerate 3M Co., has announced the appointment of Debarati Sen as managing director of 3M India Limited and 3M Lanka Pvt. Ltd. The appointment came into with effect from 1 June 2016. Sen has taken the responsibility from Amit Laroya, who led the company for the past three years and is now moving to 3M Korea.

    In her new role, she will focus on innovation, aligning the organization closely to customer needs in the Indian marketplace. She will also look after 3M India’s local capabilities in the form of industry leading customer innovation centers, multiple manufacturing plans and top notch talent across functions positions it well for growth.

    On the occasion of her appointment, Sen, said, “Having been part of 3M for more than two decades, I am committed to building further the strong position that 3M has built over the years in India. The focus will be stronger than ever to provide innovative solutions to the Indian customer and help drive value through local technology and manufacturing. The endeavour is to work closely with the government to help realize ‘Make in India’ project a success.”

    3M India is a publicly traded company on the Bombay Stock Exchange and National stock exchange and claims to have an annual sales of Rs.2,103 cr in financial year 2015-16).

    Sen joined 3M in 1996 and has been a part of the organization for over two decades now. She has worked across various verticals and held key positions including CMO and global business director at 3M. Currently, she is the acting director of corporate sales operation at 3M’s corporate headquarters in St. Paul, USA.

    3M former MD Laroya added, “I am glad to handover this position to someone who has a proven track record both in India and the US. 3M India will benefit from her experience and leadership.”