Wool and wool-blended exports from India is likely to miss target of $610 million fixed for 2016-17 due to slowdown in demand in global markets and moderation in commodity prices. India’s main export markets — the US, European Union and the UAE — are witnessing slowdown. The exports of wool and w…
Start-up India: Policies abound but limited impact on ground
Propelled by the perceived success of the Digital India and Skill India initiatives, the Narendra Modi government had announced its ambitious Startup India programme in January 2016. Mooted with the objective of creating a conducive ecosystem for emerging businesses in India, an assessment of its…
Stellaris brings $100 mn booster shot for Indian tech start-ups
Venture Partners, Stellaris have announced that they will be boosting Indian Tech Startups with $100 Million from its maiden closing. Contributions for the Indian tech startups came from corporate companies like Infosys, Entrepreneurs family offices from the US, Europe, Asia and from other financ…
Bengaluru struggles to remain in top 20 start-up ecosystems
Bengaluru has fallen five positions to become the last among the top 20 startup ecosystems of 2017, according to the latest rankings by Startup Genome, a startup data analytics company.While SIlicon Valley and New York city retained their top two positions, the list also featured new cities like …
Facebook & TLabs join hands to support mobile-based start-ups in India
Facebook and start-up accelerator TLabs have entered into a partnership to support the mobile startup ecosystem in the country. Both entities will build on the knowledge and learnings of in-house senior mentors to engage and educate entrepreneurs. As part of the partnership, they will co-host eve…
सामाजिक उद्यमों के लिए नया फंड बनाएगा टाटा ट्रस्ट्स, लोकल स्टार्टअप्स को भी कर रहा है सपोर्ट
रतन टाटा पर्सनल इनवेस्टमेंट व्हीकल आरएनटी एसोसिएट्स के जरिए लोकल स्टार्टअप्स को सपोर्ट कर रहे हैं। अब वे चाहते हैं कि टाटा ट्रस्ट्स उन सामाजिक उद्यमों को फंड मुहैया कराने का एक ढांचा तैयार करे, जिनको फिलहाल ग्रांट से ही सपोर्ट किया जा सकता है। टाटा संस में चैरिटेबल इंस्टीट्यूशंस ग्रुप टाटा ट्रस्ट…
CRON Systems inks tech pact with Israel’s defense robotic company ARI
CRON Systems, a Delhi-based IoT defence start-up, has inked an agreement with Israel-based Defense Robotics company Automotive Robots Industry (ARI) to integrate CRON System’s rovers with laser-guided surveillance systems. Tushar Chhabra, Founder and CEO of CRON Systems said, “This merger opens u…
GST: Traders for no linkage of input tax credit & tax payment
Traders across the country have urged the government to remove the linkage of input tax credit with payment of tax from the Goods and Services Tax (GST) clause. The indirect tax reform is scheduled to be implemented from July 1, 2017 and is likely to cover over six million businesses under the GS…
सिक यूनिट्स को रिवाइव करने के प्रयास हो रहें हैं विफल
कर्ज में डूबे छोटे कारोबारियों को रिवाइव करने के सरकार के प्रयास सफल नहीं हो पा रहे हैं। एसएमई संगठनों का कहना है कि नोटबंदी के बाद सरकार को इस पर अपना फोकस बढ़ाना चाहिए, यदि ऐसा नहीं किया गया तो एमएसएमई पर एनपीए (NPA) और अधिक बढ़ सकता है और लाखों छोटे कारोबार बंद […]
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India to host Commonwealth SME summit
New Delhi will most probably host a Commonwealth SME (small and medium-sized enterprises) summit in May as the next stage in a bid by the 52-nation association to evolve an ease of trading accord, which is aimed to be formally announced at the Commonwealth Heads of Government Meeting (CHOGM) in L…