Chennai: If you aspire to create a billion-dollar business in India, one of the IITs is your best bet. Sage, a UK-based accounting and payroll company, stated this in a research released on January 28. In a study that lists universities that have produced the most unicorn founders, the Indian Ins…
Hubballi to host India’s biggest start-up incubation
Hubballi: Indian-American entrepreneur, philanthropist and venture capitalist Gururaj Deshpande is setting up India’s biggest startup incubator in Hubballi, about 400km from Bengaluru. The 82,000-sqft facility is expected to open in September. It will have the capacity to seat over 1,200 pe…
Panel submits report on National MSME Policy
The committee tasked with drafting a comprehensive policy for the country’s micro, small and medium enterprises today submitted its report. The one-member panel of former Cabinet Secretary Dr Prabhat Kumar submitted the report on formulation of a National MSME Policy to Union MSME Minister …
Exit barriers for MSMEs not given much attention, says EDII Director
Ahmedabad: Even as rising number of sick Micro Small and Medium Enterprises (MSME) units continue to plague Gujarat, the Entrepreneurship Development Institute of India (EDII) in Ahmedabad is reportedly working in ‘policy formation’ for MSMEs at both the state- and central-level to counter this t…
Cisco’s AppDynamics deal may pave way for unicorns
It was supposed to be the first technology initial public offering (IPO) of 2017. Less than a day before AppDynamics Inc. was set to price its shares on January 25, a group of employees and investors boarded a plane to New York City to attend the traditional bell-ringing ceremony for new listings…
Pearl Academy strengthens its partnership with Khadi India
Pearl Academy, an institute for fashion, design and creative business entered into a partnership with Khadi India, as the students performed at the Khadi tableau which was a part of the 68th Republic Day celebrations in Delhi on January 26. The students of Pearl Academy adorned themselves in Khad…
Budget 2017: Will demonetisation woes be soothed by budget?
After the government suddenly pulled the rug out from under the country by banning the Rs. 500 & Rs. 1,000 notes, everyone has been hoping the budget (due on 1st Feb) will soothe the pain and hardships felt by the public. What about startups? What can we expect in the budget? One of the key […
Anxious SMEs, start-ups rush for ‘Helpline’ on GST
As the Union Finance Ministry gears itself up for the final rollout of the new uniform goods and services tax (GST) from July, the small businessmen and entrepreneurs are getting anxious about how to cope with the post-rollout scenario. A National Toll Free GST Helpline (1800 103 9271) – se…
UK spy agency hires Indian start-up for cybersecurity programme
Bengaluru: The next time a hacker tries to break into a British bank, chances are that technology from a small Indian startup will detect the hack. Earlier this month, Britain’s top communications spy agency GCHQ (Government Communications Headquarters), which had cracked Nazi Germany’…
Oracle to expand its start-up programme, launch seven new centres
New Delhi: Oracle has expanded the scope of its startup accelerator programme to promote innovation in the area of cloud. The company plans to provide mentorship, cloud services and support to startups in seven new hubs across Asia, Europe, Latin America and the Middle East. New centres will be o…