In its board meeting on Monday, SEBI approved the proposal to frame SEBI (Alternate Investment Funds) Regulations 2012. Voices from the industry say that the provisions will help the industry grow and encourage competition.

In the run up to the Ernst &Young Entrepreneur of the year award, Hamish Taylor, an international expert on brand management and innovation undertook a workshop with some of the big names nominated for the awards.

Investments in the internet space were made at “ridiculous” valuations and experts are hoping the trend will change in the coming year.