The government will encourage value addition activities in the aluminium sector and seek to enhance self-sufficiency in the industry which is facing a surge in imports, said Piyush Goyal, Minister for Power, Coal, Mines and New and Renewable Energy. Addressing industry executives at the CII Globa…
Good news for start-ups: India to get 100 more incubators
The Indian government will invest Rs 200 crore to set up 100 more incubators across the country to support start-ups in innovations, a top official said on April 6. “As we want to double the number of incubators over the next four years, we will spend Rs 200 crore on setting up 100 more incubator…
AnyTimeLoan to compete in global start-up pitching competition Get in the Ring
Peer-to-peer lending platform AnyTimeLoan (ATL) won the India chapter of Get in the Ring on April 6. ATL will now compete with start-ups around the world in the Global Startup Competition, which will be held in Singapore in May. Global start-up pitching competition Get in the Ring conducted its I…
Healthcare start-ups revolutionising Indian healthcare?
Indian Healthcare sector is one of the largest sectors contributing to 6% of the country’s GDP. Yet, with 21% of world’s disease burden, the doctor patient ratio being as bad as 1:1700 and out of pocket expenditure as high as 62% of total healthcare spending, the sector is riddled with structural…
Cricket ace Yuvraj Singh’s company YouWeCan Ventures invests in Startup Buddy
Yuvraj Singh’s YouWeCan Ventures has invested an undisclosed amount in Startup Buddy, a Gurugram-based company that serves early-stage businesses. The cricketer, who launched his venture fund in 2015, will join the board of Startup Buddy, even as he seeks to expand his engagement with start-ups. …
Nazara Games signs deal to launch IPL mobile game starring Virat Kohli
Mumbai-based mobile gaming company Nazara Games has signed a three-year contract with IPL team Royal Challengers Bangalore to launch an IPL cricket mobile game that will feature Virat Kohli, among other cricketers from the team. The game, which will focus on monetisation through in-app purchases,…
Marching towards growth: InMobi becomes second Indian Unicorn to turn profitable
Bengaluru-based mobile adtech firm InMobi claims that it has turned profitable in the last quarter of 2016. This makes InMobi the second Indian unicorn after data analytics firm Mu Sigma to become profitable. As per the company, it has been generating cash every quarter starting April-June in the…
उत्तर प्रदेश: योगी सरकार की नई उद्योग नीति में नोएडा को मिल सकती है अहम् भूमिका
उत्तर प्रदेश की नई इंडस्ट्रियल पॉलिसी में नोएडा और आसपास के औद्योगिक इलाकों के विकास पर जोर रह सकता है। नई सरकार जहां एक ओर यहां पर पहले से जारी निवेश परियोजनाओं में तेजी लाना चाहती है, वहीं इलाके की औद्योगिक क्षमता को भी भुनाना चाहती है। 6 अप्रैल को नोएडा, ग्रेटर नोएडा और यमुना […]
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Income Tax benefits for start-ups: Just 10 out of 208 qualify
Only 10 start-ups have benefited from the government’s decision to give income tax exemption to eligible start-ups. This was even as 208 applications were considered for these tax benefits since the launch of the scheme in January, 2016. “Out of the total applications received, 208 applications c…
GST: राज्यसभा में भी पास हुआ जीएसटी बिल, 1 जुलाई से हर हाल में लागू होगा
कल शाम यानी 6 अप्रैल को राज्य सभा ने जीएसटी के चारों विधेयकों को बिना किसी संशोधन के अपनी मंजूरी दे दी. राज्यसभा में जीएसटी से जुड़े चारों बिलों को मंजूरी मिलना लगभग तय था क्योंकि लोक सभा ने इन विधेयकों को 29 मार्च को ही पास कर दिया था. सालों से अटका पड़ा ये बिल […]
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