NEW DELHI, 1 June 2016: The government has already auctioned six mines and was in the process of auctioning another 50-60 mines in the near future. The aim is to auction at least 20-25 mines in the next three months. Also, in the next 45 days an Exploration Policy is in the offing, in which [&hel…
B2B e-commerce market 6 times larger than B2C: SME lenders
Companies like Capital Float, Lending Kart and Indifi Technologies that lend to small and medium enterprises are increasingly partnering with B2B e-commerce platforms such as Of Business and Tolexo to provide financing options to sellers and buyers on the marketplaces. B2B e-commerce market 6 tim…
Hyderabad Angels invests Rs. 15 crore in 12 start-ups
Hyderabad Angels has committed investments to the tune of Rs. 15 crore in 12 start-ups in the financial year. “We have either deployed or are in the process of deploying the committed investments in the start-ups,”said Pradeep Mittal, Chairman. The network has about 100 investors from India, the …
1.04 crore people benefitted from Skill India program, up 36.8% from previous year | Rajiv Pratap Rudy
As the Narendra Modi government completes two years in office, it has been reported that over 1.04 crore people have benefitted from the Skill India program – a massive 36.8% higher than the previous year, according to recorded data. “The skill training and development ecosystem has s…
Thomas Cook India enters into partnership with Vista Rooms
Travel services provider Thomas Cook (India) BSE 0.73 % has entered into a partnership with online budget hotels aggregator, Vista Rooms, for providing standardised accommodation experience. This includes over 800 properties across 90 locations pan India, together with more than 200 hotels in 25 …
1mg raises additional funds from HBM Healthcare Investments
1mg Technologies Pvt Ltd, a digital health platform start-up, 31th May announced an additional investment from HBM as a further addition to its recently closed Series B financing. The company did not disclose the amount raised. This is HBM’s first direct investment in a digital health company in …
Amazon Prime to roll out in India in June
Amazon will debut its membership Prime service in India next month, says a tech blog that has obtained the information by looking at the source code of the Amazon India website. The blog, Maktech, said the source code reveals that the Prime service will have a dedicated landing page that is yet t…
Jaitley urges Japanese infra sector companies to partner India’s growth story
31 May 2016: The high powered FICCI delegation to Japan accompanying Finance Minister Arun Jaitley, participated in the NIKKEI Conference on the theme “The Future of Asia”, which was followed by a roundtable on National Investment & Infrastructure Fund (NIIF). Speaking on the topic “India’s E…
Agri Ministry to come with new National Policy on cold chain
The Ministry of Agriculture & Farmers Welfare agreed to evolve a new National Policy on Cold Chain to provide direction for the long term approach for holistic infrastructure creation in both agri and horticulture products. Making the aforesaid announcement at a National Conclave on “Strength…
IAN and Napino launch an incubation programme
Indian Angel Network (IAN), and Napino Auto & Electronics, manufacturer of electrical and electronic components for the automotive industry on May 30th 2016 announced their collaboration to launch an incubation programme to encourage entrepreneurs to create innovative and disruptive solutions…