प्रधानमंत्री नरेंद्र मोदी की मेक इन इंडिया कैंपेन का असर टेक्सटाइल सेक्टर में नहीं दिख रहा है। भारत के एक बड़े बाजार का चीन, बांग्लादेश और विएतनाम फायदा उठा रहे हैं। भारत में कारोबार कर रहे हैं बड़े विदेशी ब्रांड अपने स्टोर्स में ज्यादातर प्रोडक्ट मेड इन बांग्लादेश, मेड इन वियतनाम की सेल कर रहे […
रिकॉर्ड स्तर पर पहुंच सकता है FDI, 9 महीने में ढाई लाख करोड़ के पार
नोटबंदी से अर्थव्यवस्था को लगे तगड़े झटकों के बावजूद इस वित्त वर्ष भारत विदेशी निवेश के मामले में नए रेकॉर्ड बनाने के करीब है। विदेशी निवेश के मामले में वैश्विक रूप से पिछला साल सही नहीं रहा था और दुनियाभर में हुए विदेश निवेश में करीब 16 प्रतिशत की कमी आई थी वहीं भारत ऐसे […]
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NEC introduces wireless transport solution with AI analytics for the 5g era
NEC Corporation has announced the global availability of its “Smart Wireless Transport Network” (Smart WTN) solution for resolving bottlenecks in the mobile backhaul for 5G networks, featuring a high capacity pipe for dynamic network optimization. The Smart WTN combines NEC’s iPASOLINK EX, …
Paytm will invest Rs 600cr to expand its QR code based payment network
New Delhi: Paytm has announced that it will invest over Rs. 600Cr to enable merchants across India for acceptance of digital payments using its QR code based payment solution. The company is investing in scaling up manpower, technology, and merchant education so they can transact digitally for th…
IDG, Accion to invest more in CreditMantri
Chennai-based online credit management startup CreditMantri Finserve Pvt. Ltd is set to raise Rs 51 crore ($7.6 million) in Series B funding from new and existing investors. Citing filings with the Registrar of Companies (RoC), The company has approved the resolution for the fund-raise. Existing …
GrabOnRent to raise $5 mn in Series A funding
Hyderabad: GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans. Chief Operating Officer Manish Sugandhi said GrabOnRent is now looking to close a Series A funding of around USD five million in the coming few month…
Handicrafts exports from Northeast poised for quantum jump
India’s north-eastern states, one of the richest in terms of eco-friendly crafts, exported handicrafts and handloom products to the tune of Rs 1,121.75 crore during the year 2015-16. The eight north-eastern states – Assam, Arunachal Pradesh, Meghalaya, Mizoram, Manipur, Nagaland, Sikk…
Banks extend help to start-ups in need of credit
Mumbai: Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwi…
RBI asks banks to collaborate with Fintech cos to bridge funding gap for SMBs
Mumbai: The RBI deputy governor has said that in view of the competition from fintech companies, banks should reorient their business model and look at collaborating with more efficient players after assessing the likely impact of disruption. Delivering the inaugural address at a seminar organise…
Capital Float to disburse Rs5k cr in SME loans in FY18
New Delhi: SME lending platform, Capital Float, disbursed Rs1,000 crore in loans during the 10 months ended January 2017, and it expects to disburse Rs5,000 crore in the next one year, said top executives of the company. Bengaluru-based Capital Float is introducing more loan products, increasing …