With the impetus of the government on digitisation of its departments and small and medium businesses aiming to be more productive and secure at an affordable price point, there is a growing need for products and services that offer good design, speed, productivity and security. This is what glob…
Jugnoo launches auto-rickshaw ride pooling service
NEW DELHI: SoCoMo Technologies, which owns and operates auto rickshaw aggregator platform Jugnoo, has launched its rickshaw ride pooling service, Jugnoo Pool, the Chandigarh-headquartered company announced on 3rd June 2016. The announcement came on the same day as ride-hailing app Uber , also the…
Amazon launches used-goods platform, takes on Quikr, Olx
BENGALURU: Now you can sell your used goods on Amazon . Junglee , a subsidiary of the Seattle-based e-commerce firm, has kickstarted a pilot which lets an individual sell second-hand goods across different categories like mobile phones, tablets, pre-owned watches, books, among other such items. C…
Government should give fiscal support to boost handicraft exports: Industry body
The government needs to take several steps like providing fiscal support for skills training and upgradation of machines with a view to boost labour intensive handicrafts sector, an industry body has said. Besides a slowdown in traditional markets like the US and Europe, significant decline in co…
Edugild signs MoU with Cambridge University Press
Edugild, India’s first edtech startup accelerator has signed a collaborative Memorandum of Understanding with Cambridge University Press (CUP) India to jointly support the development of an edtech startup ecosystem in the country. Rishi Kapal, CEO, Edugild said, “Edtech is core to Edu…
Private banks keen to play venture capitalists to startups
Top private sector banks with deep reserves are now playing venture capitalists to startups at a time when startup valuations are sliding and angel investors have become more cautious than before. ICICI Bank , HDFC Bank and Axis Bank have formed separate lending teams to fund small startups, main…
SEBI plans to relax start-up listing norms by next month
To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their existing investors including from abroad. The platform is aimed at providing easier exit options …
Minimum import price on steel hits MSME sector
Having hit by the imposition of Minimum Import Price (MIP) on steel, Punjab-based engineering industry, especially the Micro, Small and Medium Enterprises (MSMEs), have appealed to the Centre to roll back it or direct the Indian steel makers to reduce the price of raw material at December 2015 le…
MSMEs can benefit from producing defence components | Experts
Leveraging the liberalised Defence Production Policy and the offsets clause governing imports of military hardware, Micro, Small and Medium Enterprises (MSMEs) can look at making components for the sector provided they are in it for the long haul and adopt disciplined manufacturing processes, exp…
Frost & Sullivan India ICT Awards recognises Vodafone’s leadership in the enterprise segment
Vodafone Business Services (VBS), the enterprise arm of Vodafone India, claims top honors at the Frost & Sullivan India ICT Awards 2016. VBS won the award for the ‘Enterprise Mobile Service Provider of the Year’ for the sixth year in a row. In addition, it was also the first time that VBS wa…