At a time when no distance is too far, chalking out missions to the moon or idle talk of colonizing Mars are upending dinner table conversations. From cautious crawls to risky leaps, humanity has traversed many years to reach this milestone, the scope of which is being broadened with remarkable f…
‘खादी’ के दीवानों, फैब-इंडिया में अब नहीं मिलेगा ‘खादी कुर्ता’
देश में खादी को एक नई जिंदगी देने वाले कपड़ों के ब्रांड फैब इंडिया में अब ‘खादी’ का कुर्ता नहीं मिलेगा. इसका कारण ये है कि खादी एवं ग्रामोद्योग आयोग ने फैब इंडिया को लीगल नोटिस दिया है. इसके बाद फैब इंडिया ने अपने सभी प्रॉडक्ट्स से ‘खादी’ नाम को हटाना शुरू कर दिया है. [&he…
एमएसएमई के लिए नकद ऋण सीमा बढ़ाकर 30 प्रतिशत की गई
सरकार ने सूक्ष्म, लघु एवं मझोले उपक्रमों (एमएसएमई) के लिए नकद ऋण सीमा यानी रोजमर्रा के जरूरतों के लिए ऋण सीमा को कारोबार के 20 प्रतिशत से बढ़ाकर 30 प्रतिशत कर दिया है। केंद्रीय वित्त राज्य मंत्री अर्जुनराम मेघवाल ने यह जानकारी देते हुए कहा कि एेसे उपक्रमों को कारोबार को डिजिटल तरीके से करने को [&…
‘Indian start-ups are leaders in low-cost innovation’
Whoever has ever attended a TiECON event knows what it is like to hear out and meet some of the leaders in entrepreneurship space in the country. Such conferences are a great meeting point to exchange ideas, understand sectors and trends, gauge motivation for ventures, meet investors and supporti…
Funding freeze puts start-up hiring in cold storage; Up to 50% drop in recruitment
BENGALURU: The prolonged funding winter bearing down on Indian start-ups could leave several companies with bare branches. Hiring at start-ups this year has dropped by 10-50%, according to recruitment companies that hire for start-ups. This is particularly true for e-Commerce, logistics, grocery …
KASSIA submits pre-Budget Memorandum for MSMEs to K’taka CM
President of Karnataka Small Scale Industries Association A Padmanabha, along with office-bearers, has presented the pre-Budget memorandum for financial year 2017-18 to Chief Minister Siddaramaiah. The KASSIA has requested the Government to allot land to the micro and small scale enterprises on …
Bengaluru has emerged as biotech start-up capital, says study
Bengaluru has emerged as the biotech startup capital of India – it’s home to 190 ventures out of the 1,022 set up in the past five years, according to a study by the Association of Biotechnology Led Enterprises (ABLE). The National Capital Region (NCR) comes second with 164, followed …
Cash credit limit for MSMEs raised to 30%: Arjun Ram Meghwal
Chennai: The government has increased the cash credit limit for Micro, Small and Mmedium Enterprises (MSMEs) to 30 per cent of turnover from the existing 20 per cent to encourage such ventures conduct businesses digitally, Minister of State for Finance Arjun Ram Meghwal said. “We have taken…
Momentum Jharkhand: Vedanta Resources promises Rs 5k cr investment with focus on SMEs
Keen to get a strong foothold in Jharkhand, Vedanta Resources Group Chairman Anil Agarwal on February 16, at the first , said he had “big plans” for the state. The initial foray will be with a $1-billion investment that includes setting up a one-million tonne steel plant, he added. Dubbing Jharkh…
India gives “wonderful opportunity” to help scale tech start-ups & SMBs: IBM CEO
Mumbai: India is witnessing one of the most pervasive adoptions of digital technologies in the world, IBM CEO Virginia ‘Ginny’ Rometty said here on February 16. She said digital adoption could be seen across enterprises in areas like telecommunications, financial services and industri…