Over Rs 843 crore have been invested by private equity firms, angel funds, start-ups, venture capitalists and others after Mamta Banerjee’s government came to power in West Bengal, said the state Finance and Industry Minister Dr Amit Mitra at an ASSOCHAM-IACC event held in Kolkata. “We have cross…
Mohit Kamboj re-elected as National President of India Bullion & Jewellers Association
Mohit Kamboj has been re-elected unopposed as the National President of India Bullion and Jewellers Association (IBJA) in a meeting of Governing Board held in Mumbai for the five year term ending in 2021. India Bullion and Jewellers Association had dissolved its board in the last week of December…
India Facility Management Market is expected to reach $17 billion by FY’2020
Future growth of India facility management market is expected to be led by growth in real estate, rising personal disposable incomes of people, preference towards, safe, clean and secure environment and flourishing hospitality industry The market leader, JLL is expected to maintain focus on advan…
Start-ups seek PM intervention on net neutrality woes
The net neutrality debate in India goes back to December 2014 when Airtel decided to charge separately for Internet-based calls but withdrew the plan later after facing protest. Hundreds of startups including bigger players like, Zomato, Cleartrip, Paytm and their employees on January 25 approach…
Daily Ninja to raise fresh funding in two months
Daily Ninja, a subscription-based daily needs hyperlocal platform, is in talks to raise its next round of funding from its existing investors — Aprameya Radhakrishna of TaxiForSure, Venk Krishnan of NuVentures and Subramanya S V, former MD at Bessemer Venture Partners — and a clutch of other inve…
States to come out with start-up policy
Encouraged by the Centre’s StartUp India initiative, several states including Uttar Pradesh and Chhattisgarh are planning to come out with their own policies to promote budding entrepreneurs. States like Kerala, Tamil Nadu and Karnataka have rolled out their respective policies and more are…
Pharma Cos to meet audit-readiness requirement
The Indian Drug Manufacturers Association (IDMA) and UK based agency NSF have collaborated to start qualified pharmacists course from April this year to help quality control heads of Indian Pharma companies enhance audit-readiness and implement compliance in areas of good manufacturing practices …
Karnataka woos textile investors
The Karnataka government is pitching for global investments in the textile sector.The State is home to 70 large and medium textile companies and more than 50,000 small units operate under the Micro, Small and Medium (MSME) categories. “The textile industry occupies an important position in the in…
China bet big on India’s Digital Startups
The drought is turning into a deluge. For years, Chinese investment in India remained a trickle — $1.2 billion between 2000 and September 2015, which was only 0.47% of the total Foreign Direct Investment inflow. While China became India’s largest trading partner in 2008, investment flow fro…
GREX to steer Rs 150 crore funding for startups, SMEs
Investment platform GREX expects to channelise funding of Rs 150 crore to start-ups and Small and Medium Enterprises (SMEs) in the country this year, a top company official said. Also, by March this year, the company is hopeful of helping about 10-12 start-ups and SMEs raise Rs 20-25 crore. ̶…