Taking the Start-up India drive a step ahead, the Companies Law Committee has laid out a bunch of recommendations that specifically address issues relating to start-ups, in its draft recommendations submitted on February 1. At present, the fund raising limits for start-ups during the initial five…
Punjab government to award the progressive farmers with cash prize
In recognition of the outstanding services and innovative initiatives taken by the progressive farmers, the Punjab government has launched ‘Scheme for Recognition and Awards to Persons Engaged in Agriculture and Allied Sectors’ to honour such farmers with the cash prize of Rs. 3 lac, Rs. 2 lac a…
Start-Ups must come up with ideas for manufacturing sector | Nirmala Sitharaman
Start-ups in India should look at high knowledge areas such as core sciences and space technology, said Minister of State for Commerce and Industries, Nirmala Sitharaman. Addressing a gathering of around 300 delegates, which included members from the Indian Electronics and Semiconductor Associati…
Walmart Labs seek Indian tech to drive its e-commerce
Global retail giant Walmart is looking to engage more with Indian startups as it seeks access to innovative technologies for its e-commerce and supply chain operations through collaborative partnerships or even acquiring them. The global retailer operates around 11,000 stores and has 240 million …
NxtGen targets 5,000 virtual conferencing rooms
IT infrastructure services company NxtGen Datacenter & Cloud Technologies is targeting to sign in at least 5,000 virtual conferencing rooms for its pay-as-you-use video conferencing service VCEverywhere, as it aims to make video conferencing more affordable to small and large companies by pay…
Start-up Zapasya launches Career Counselling app
Career counselling too can be an app away now. Thanks to Zapasya. The city based start-up has come up with a mobile app based career counselling service. Christened Talenjaro, the app has been developed by Indus Net Technologies. This application has been designed to offer a real time communicati…
West Bengal Rural Craft Hubs to double artisans’ income
The average monthly income of artisans from a host of West Bengal districts has almost doubled in the last one year, thanks to the Rural Crafts Hubs, a state government inistiative. The department of Micro, Small and Medium Enterprises and textiles and UNESCO that had taken up a joint initiative …
Gujarat CM promises to resolve MSME issues
Chief Minister Anandiben Patel promised to resolve all issues pertaining to the Micro, Small Medium Enterprises (MSME) sector in Gujarat at the annual board meeting of the State MSME Advisory Board on February 5. The CM launched regional facilitation desk in four cities to help and promote indust…
The exports of Handicrafts has grown by 10% in rupee terms
The exports of Handicrafts has grown from Rs. 13,460 crore, during April-December 2014 to Rs. 14,782 crore by 10% in rupee terms during April-December 2015. In dollar terms, the value of exports has increased by 3%, from US$ 2,215 million during April-December 2014 to US$ 2,282 million during Apr…
More than 1 million enrolled under Prime Minister Skill program
Pradhan Mantri Kaushal Vikas Yojana (PMKVY), the flagship of Ministry of Skill Development and Entrepreneurship has completed 10 lakh enrolments under the scheme. The scheme has been implemented by National Skill Development Corporation (NSDC) through a network of 1012 training partners affiliate…