Mumbai: Rising production costs significantly impacted manufacturing competitiveness in the last few months, according to a survey. Industry body FICCIs latest quarterly survey on manufacturing suggests slight decline for the manufacturing sector outlook in the fourth quarter (January-March) of t…
GST impact: How enforcing input tax credit can hurt the SME economy
Long before the Goods and Services Tax (GST) got Parliamentary approval last week, there were opportunities through draft laws for accountants, lawyers, tax-paying enterprises — even technology companies—to participate in its creation. “The government and administrative machinery are dialog…
मध्य प्रदेश: उद्योग जगत की तस्वीर बदलने को तैयार महाकौशल, इंडस्ट्रियल कॉरीडोर से बड़ा फ़ायदा
भोपाल: प्रदेश के युवाओं को स्वयं का उद्यम स्थापित करने के लिए एमएसएमई विभाग द्वारा जल्द ही वेबसाइट पर जानकारी देगा कि कौन से उद्यम लगाए जा सकते हैं। इसके लिए युवाओं को उद्योग एवं व्यापार केंद्रों के चक्कर नहीं काटने पड़ेंगे। वे सीधे प्रोजेक्ट्स रिपोर्ट वेबसाइट से अपलोड कर सकेंगे। उद्योग मंत्री राज…
KVIC opens new training-cum-production centre in Assam village
Following the old saying ‘Idle mind is devil’s workshop’, the Khadi and Village Industries Commission (KVIC) has come out with a novel way to cut out illegal poaching and maintain flora and fauna in and around Kaziranga National Park. Amid much fervour and gaiety, the KVIC Chair…
Instamojo targets 1 mn small & medium businesses by 2018
Indian on-demand payments and e-commerce platform, aims to expand its current merchant base of 250,000 to 1 million by next year. Instamojo has successfully increased the number of merchant registrations on the platform by 106% and has witnessed a 150% growth in new merchant activations in the la…
Entrepreneurs need to be strategic in deploying funds: Anand Govindaluri, Govin Capital
Anand Govindaluri, a former investment management executive who’s served stints with Temasek Holdings and ETPL, the commercialisation arm of Singapore government agency ASTAR, forecasts significant growth coming for the startup/VC ecosystem in the city-state and broader ASEAN region. The principa…
Capgemini charts out plan to engage with fintech start-ups
Hyderabad: When it comes to financial technologies, smaller IT firms and start-ups are coming out with solutions that are phenomenally changing the way people carrying out their financial transactions. The big IT firms have long released this. Capgemini, the French multi-national IT consulting fi…
FastFox.com raises Rs 30 cr in Series A funding
FastFox.com has raised Rs. 30 crore from Lightspeed India Partners, Blume Ventures, CyberAgent Ventures and others, in Series A financing. FastFox.com is India’s tech-enabled rental brokerage company. The company plans to invest the funds to improve its technology solution, perfect its service d…
Startup India: केवल 114 करोड़ के फंड हुए मंजूर, 208 में से 10 कंपनियों को मिली टैक्स छूट
स्टार्टअप इंडिया प्रोग्राम को एक साल से ज्यादा हो गए हैं लेकिन अब भी सरकार की ओर से कंपनियों को फंड नहीं मिल पाया है। केंद्र सरकार ने स्टार्टअप्स के लिए 10 हजार रुपए का फंड ऑफ फंड्स (एफएफएस) बनाया है। लेकिन इसका फायदा अभी तक स्टार्टअप्स को मिलना बाकी है। इसमें से केवल 114 […]<…
Agri-marketing platform Ninjacart raises $5.5 mn
Chennai: B2B agri-marketing platform Ninjacart on April 10 said it has raised Rs 37 crore ($5.5 million) in series B funding from investors, including Accel Partners, Nandan Nilekani’s NRJN Trust, Mistletoe, Qualcomm Ventures and M&S Partners. Ninjacart, which about 1,000 farmers sell f…