Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed today. In a written reply to Lok Sabha, Minister of State for Textiles Ajay Tamta said during the first two months of current …
Dosa Plaza | Journey of a matric-pass from nothing to everything
From Rs 150 a month to 30 crore – The inspirational story of the owner of Dosa Plaza who made it big with hard work and passion
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One nation, one network and one licence policy could become a reality soon
The industry’s demand of a one nation, one network and one licence policy could become a reality soon as the telecom ministry has assured them that it will consider the suggestion and work on it. Telecom secretary Aruna Sundararajan in her meeting with telecom operators, infrastructure providers …
Telangana signs MoU with Banyan Nation to automate urban recycling
Digitising waste management processes is one of the priorities for any state government developmental programme. A first of its kind by any state government, the Telangana government has decided to formalise the waste management process in a move to automate urban recycling operations for smart c…
EXCEL Gas & Equipments | A farmer’s boy’s dream to become an entrepreneur
Going beyond the traditional occupation of farming of his family, Nitin Godse emerged as an entrepreneur after overcoming initial failure
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Lendingkart Finance raises $10 m debt fund, plans to widen its scope to SMEs nation-wide
Lendingkart Finance Limited, has announced that it has raised $10 million (INR 67 crores) debt fund from Kotak Mahindra Bank, Aditya Birla Financial Services and other financial institutions. As the company expands its reach to over 700 cities across the country, these funds will come in handy to…
Alteria Capital to launch India’s biggest venture debt fund with a corpus of Rs 1k cr
Former senior executives of InnoVen Capital, Ajay Hattangdi and Vinod Murali, plan to launch Alteria Capital, touted to be the country’s biggest venture debt fund with a corpus of Rs 1,000 crore. Alteria Capital will have a corpus of Rs 800 crore ($125 million) with a greenshoe option of ra…
PayPal launches first of its kind innovation labs in Chennai & B’luru
Chennai: Online payments co PayPal on August 2 announced the launch of its first Innovation Labs In India. Located at their Chennai and Bengaluru tech centres, the lab are the first for PayPal in India and third after the USA and Singapore. These Innovation Labs will support ideas in areas includ…
Kratikal Tech & InnovatioCuris conduct training for Indian Security forces on Cyber Security
Kratikal Tech and InnovatioCuris jointly organised a two-day Cyber Security Capsule for the members of the Military and Paramilitary forces. The event was held in the premises of United Services Institution of India. The initiative was chaired by Lt Gen P. K. Singh (Retd.) and Admiral V. K. Singh…
IndiaFilings to launch desktop based LEDGERS GST Accounting Software
Goods and Service Tax (GST) regime has started in India from 1st July 2017 impacting nearly 1 crore businesses across India. Though GST is a consumption based tax borne by the end-consumers, businesses are tasked with the responsibilities of payment, collection and remittance of GST to the Govern…