Department of Industrial Policy and Promotion Secretary Amitabh Kant said that direct selling will have to be given a greater thrust as it empowers women, MSMEs and promotes manufacturing in India. At FICCI DIRECT 2015, an annual flagship event for Direct Selling (DS) industry. Kant said that the…
India’s first saffron park in J&K to be dedicated to its farmers by early 2016
The National Horticulture Board will dedicate its first Saffron Park at Pampore in Jammu & Kashmir to its farmers by early 2016 which will produce the saffron of the finest quality to cater to its domestic and even export requirements. At the inaugural session of National Conference on Cold C…
Need for grass root, frugal innovations for start-ups | Ashutosh Sharma | Science Secretary
Science and Technology Secretary Ashutosh Sharma said frugal innovations are critical for finding grass root solutions to the economic and societal problems. But frugal innovations had to maintain their functionality, quality and accessibility to promote sustainable development, he told a Global …
SME sector exposed to cyber crime risks
The SME sector is exposed to cyber crime risks. Since Spring 2015, SMEs have been overlooking the clear and present danger of cyber risks with virtually no change in insurance. CBR has revealed SME cyber crime landscape using new research from Aon Risk Solutions which states that 22 per cent of S…
NASSCOM, IBM launch tech startup in Delhi
In order to accelerate digital transformation at the start-up level, Nasscom, in partnership with IBM, launched the Delhi version of Techstartup.in on IBM Cloud. Techstartup.in was first launched in Bengaluru in October and the new localised Delhi version of the site, designed to help stimulate i…
NASSCOM going big on start-up warehouse
National Association of Software and Services Companies (Nasscom) will be opening four more tech start-up incubation centres in different parts of the country by March 2016. At present, the sector body is running three such centres, which it calls start-up warehouses in the country. According to …
Travelyaari to add rooms, cabs, auto bookings
To accelerate online bus ticketing, Bengaluru-based Travelyaari.com, the flagship brand of Mantis Technologies, is planning to integrate other products such as hotel rooms, cabs and automobile bookings, apart from wallets, on its platform. The company is adding features to its bus ticketing platf…
On start-up ecosystem, Centre constitutes team for policy directives
The government has constituted a team which will assist in policy formulations for creating a conducive ecosystem for start-ups. Besides, the Centre has also appointed a consulting agency to help the team in its work, Commerce and Industry Minister Nirmala Sitharaman said in a written reply to th…
Special measures introduced for MSME exporters
CRISIL has analysed the performance of micro, small, and medium enterprises (MSMEs) for which it had undertaken renewal ratings on the basis of their 2013-14 (financial year April 1-March 31) financials. The analysis reveals that the average exports of these enterprises grew by 22.64 per cent to …
Alibaba plans to launch Hindi portal; Expected to tap 10 Million SMEs
Chinese e-commerce portal Alibaba is targeting small and medium scale space in Indian business to business segment. It is planning to empower the start-ups and to strike a partnership with the government for its signature projects like Make In India and Digital India. On Monday, Alibaba.com, a su…