“Small business isn’t for the faint of heart. It’s for the brave, the patient and the persistent” Small business will witness a complete transformation of the taxation system once the goods and service tax (GST) comes into effect. The proposed system shall be more transparent, more paperless, but…
Small Screen, big bucks: Yupp it’s Over The Top Biz
Hyderabad: “Movies run on three things – entertainment, entertainment and entertainment,” goes the dialogue mouthed by Vidya Balan in a Bollywood blockbuster. It’s the same mantra that city-based startup YuppTV and its founder Uday Reddy swear by and used in a ‘smart…
KVIC bags its largest ever bulk order
New Delhi: The Khadi and Village Industries Commission (KVIC) has received its largest bulk order for supply of 98,000 meters of khadi fabric to Raymond Ltd. Confirming the order, valued at over Rs 2 crore, KVIC Chairman V K Saxena said it is the largest ever the commission has received from any …
Regulation is the need of the hour for P2P start-ups
A major issue affecting any nascent industry is regulation. There are pros and cons: Though regulation seems to stifle innovation, unbridled organisations may cause more harm than good to the society. When discussing peer-to-peer lending (P2P) in the context of regulation, we need to first unders…
Use of digital technology to push business growth: Study
Adoption of advanced digital technologies in India can bolster revenue by up to 27 per cent, drive employment by 84 per cent and enhance significantly access to overseas markets for small and medium businesses, says a study. “In India, adoption of advanced business digital technologies can lead t…
Why the newly tweaked Rs 10k cr start-up fund will be a game changer for Indian entrepreneurship
The Indian startup story began over a decade and half back with the likes of Naukri.com. MakeMytrip, Shaadi, Baazee being “backed” by venture capital (VC), a new type of financing product. VC did not take collateral like debt financing did, instead it bought equity in very young but h…
Cross Border Angels commits $500k into eight start-ups
Cross Border Angels (CBA), the investment network started by US-based Scaale Group three years ago, has committed to invest at least $500,000 (Rs 3.3 crore) in eight Indian startups. “We are looking if we can raise our investment commitment to as much as $1 million,” said Mandar Gadkari, who head…
Planning for the future: How predictive business analytics can be a game changer for SMEs
For every company, big or small, the ability to correctly predict the future is the key to sustainable growth and at times even the very existence of the enterprise depends on it. SMEs are so caught up in the day-to-day management that they often fail to plan or predict what the future may hold f…
अब उत्पादों के श्रेणीकरण पर चल रही है जीएसटी की बहस
पैराशूट बालों में लगाने वाला तेल है या खाने वाला? किटकैट चॉकलेट है या बिस्किट? विक्स टैबलट दवाई है या मिठाई? ये सब तय करने की कवायद टैक्स देने वालों और टैक्स वसूलने वालों के लिए शब्दों का हेरफेर भर नहीं, बल्कि अरबों रुपये का मामला है। क्योंकि जीएसटी सिस्टम में उत्पादों पर उनकी श्रेणी […]
Your very first entrepreneurial responsibility: Scripting the change agenda
The era we are living in, is very different than the era we were born in. Our character, personality, thoughts and mindsets that shape us and our organization, are indeed under severe stress. I have been working in the corporate world for the last 30 years. I have seen lot of changes, led many, f…