Start-ups have little doubt that this Union Budget will deliver. But they are keeping their fingers crossed for much more; they hope their freedom is not curtailed by reams of policy. Setting the tone, Prime Minister Narendra Modi had decisively looked at Finance Minister Arun Jaitley at Vigyan B…
Startup India and Viacom18 join hands
Viacom18, the television media house that owns and runs channels Colors and MTV, has signed an agreement with the Union government’s department of industrial policy and promotion’s Start-Up India project. It will launch a year-long ‘outreach programme’ for entrepreneurs, c…
CareOnGo raises $300,000 seed funding
CareOnGo , a mobile chain of co-branded pharmacy stores, has raised $300,000 in its seed round from a consortium of investors led by Farooq Oomerbhoy, one of the co-founders of the early stage fund – Orios Venture Partners. Raj Mishra of Indea Capital and Vineet Ganesh of Imperial India Inv…
Tamil Nadu seeks investments in industrial parks
The Tamil Nadu government has appealed to investors to consider the 20 industrial park set up in the State, and tap the business opportunity in developing the 12 new parks that are being established. R Selvaraj, Managing Director, State Industries Promotion Corporation of Tamil Nadu (Sipcot), sai…
Flipkart launches instant-cataloguing service spot-list for SMEs
The Indian e-retailer Flipkart on February 17 announced the nation-wide launch of Spotlist. It’s a service that offers instant cataloguing and listing for small-scale sellers and artisans in India. The company expects to provide small-scale sellers with professional assistant to catalogue t…
Universal robots to tap MSMEs
Denmark-headquartered Universal Robots aims to tap small industries in tier II/III towns across India, a top company executive said. In an interaction, Universal Robots General Manager (India) Pradeep S David said, “We are in talks with smaller industries like auto component and packaging industr…
Mumbai’s NTC land to become MSME hub
The textiles Ministry plans to set up Micro Small and Medium (MSME) units in the land available at the National Textiles Centre (NTC) mills in Mumbai. These units would be allied sector of textile industry, said Santosh Kumar Gangwar, Union Minister of Textiles, Independent Charge. On the sidelin…
India self drive car rental market is expected to reach Inr 14 billion by 2020: Ken Research
Ken Research announced its latest publication on “India Self Drive Car Rental Market Outlook to 2020-Rising Aspirations of Indian Consumers and Easy Availability of Renting Options to Shape Future Growth” which provides a comprehensive analysis of the Self Drive Car Rental Market in India. The re…
Make in India week sees Rs. 15.20 lakh crore investments
The Make in India Week in Mumbai that showcased India’s manufacturing prowess, attracted Rs 15.20 lakh crore, Department of Industrial Policy and Promotion Secretary Amitabh Kant has said. “Make in India Week in Mumbai has been phenomenal hit. It has successfully brought manufacturing, design and…
North Eastern India holds lot of potential for food processing | Harsimrat Kaur Badal
Vibrant North-East 2016 Summit and Exhibition in Guwahati is aimed at tapping huge potential for food processing. “The focus is to ensure wholesome development of the North-East Region and to link farmers with modern technology driven agricultural practices and also to accelerate the pace of deve…