BUSINESSWEEK ONLINE : JANUARY 31, 2000 ISSUE
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INTERNATIONAL -- ASIAN BUSINESS

Easing the Funding Rules for Startups


-- Power for regulating venture funds would move from different ministries and be centralized in the Securities & Exchange Board

-- New tech investments would get a three-year tax holiday

-- Limit on holdings in unlisted companies by venture-capital funds would rise from 40% to 70%

-- It would be easier for venture funds to exit investments

-- Insurance companies and pension systems would be able to invest in venture funds


DATA: BUSINESS WEEK


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RELATED ITEMS
A Typhoon of Indian Venture Capital? (int'l edition)

TABLE: Easing the Funding Rules for Startups



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