Niti Aayog ties up with US EIA to set up portal on energy data

Moving a step closer to set up a portal to host all the data related to energy sector in the country, Niti Aayog on Aug 10 inked a pact with US Energy Information Administration (EIA). The think tank is working to develop India’s energy data agency which would take 3-4 years to develop. The…

3rd India International MSME Expo & Summit 2016; big push to sector

MSME Development Forum in association with Ministry of MSME and Ministry of Commerce (DIPP) is organising the 3rd INDIA MSME EXPO & SUMMIT 2016’ from August 11 to 13, 2016 in Hall No. 14 at Pragati Maidan, New Delhi with India Trade Promotion Organization, a Ministry of Commerce undertaking i…

Arun Jaitley to launch MSME databank, finance facilitation centres

Finance Minister Arun Jaitley will launch a databank to gather information about Micro, Small and Medium Enterprises on August 11, besides Online Finance Facilitation Centres to provide collective funding options for MSMEs. “Through the databank, we shall carry out a census of MSMEs online …

Facebook has snapped up musical selfie startup Eyegroove

One of the latest trends in the social media world is fan-made videos that include music, usually big hits that everyone is familiar with. These clips, which are typically short, funny, and enjoyable to make, number in the millions, and they are being created mostly by young people who see it as …

Govt to launch programme to address traders concerns on GST

Keen to roll out Goods and Service Tax (GST) by the target date of April 1, 2017, the government will launch an outreach programme to address concerns of small traders. “We are trying to complete GST formalities to roll out GST regime within the target date,” Minister of State for Fin…

Rs 4 crore grooming kit for Bombay Shaving Co

Men’s grooming startup Bombay Shaving Company has raised Rs 4 crore ($600,000) in seed funding from a clutch of angel investors including McKinsey India MD Noshir Kaka, and Subramanian Ramadorai, an advisor to the Prime Minister, people aware of the development said. Other investors in the …

Shaadi.com’s Founder finds Rs 3.34 crore match for Vebbler

Shaadi.com Founder Anupam Mittal has led a consortium of 16 investors to invest $500,000 (about Rs 3.34 crore) in Bengaluru-based camera and photo sharing app Vebbler. The investors included Sharad Sharma, Founder of industry think tank iSPIRIT, and Pranav Rai, son of former Infosys board member …