Jindal Stainless Ltd. has formed the collaboration with the Japanese company Future Venture Capital Company Ltd. (FVCCL) to launch an incubation centre for agritech startups in India. The announcement was made at the ‘Krisi Unnati’ event organised by the Confederation of Indian Industry (CII) in …
The Embassy of Israel & Startup India launch Start TLV Competition to encourage women-led tech start-ups
Continuing to encourage women in innovation, the fifth edition of the Start TLV Competition was officially launched in India June 8. The Embassy of Israel in India is following up the competition after last year’s success and will focus on women-led Startups under 25 years of growing partnership …
US launches incubator programme to mentor Indian start-ups
The US government is looking to mentor Indian start-ups, hoping that some of them would scale up their operations and set up shop in that country. The US State Department has begun a start-up incubator programme, Nexus, in association with the IC² Institute of The University of Texas at Austin, i…
UP’s new industrial policy to be out in 2-4 weeks: Mahana
Chandigarh: Promising ease of doing business, tax relief and continuous power supply, the Yogi Adityanath- led BJP government in Uttar Pradesh is all set to unveil its industrial policy in the “next 2-4 weeks”. “We are coming out with an industrial policy within next 2-4 weeks. …
भारत में कारोबार करना हुआ ज्यादा आसान, FDI बढ़कर 61,724 अरब डॉलर हुआ |PM मोदी
प्रधानमंत्री नरेंद्र मोदी ने कहा कि देश में प्रत्यक्ष विदेशी निवेश (FDI) में बड़ी बढोतरी देखने को मिली है और यह 2013 के 34,487 अरब डॉलर से बढ़कर 61,724 अरब डॉलर हो गया है। अपनी सरकार के तीन साल के कार्यकाल पर रोशनी डालते हुए प्रधानमंत्री ने कहा है कि भारत को आज विश्व अर्थव्यवस…
GST a mixed weave for textile units
There are four possible consequences of GST on various raw materials, fabric and garments. First, the 18 per cent service tax on job working activities such as knitting, cutting, weaving and packaging could hurt small textile units badly. Integrated textile units, which do the job working interna…
IndusInd Bank to raise $225 m to support MSMEs in India
The IndusInd Bank has entered into an agreement with Overseas Private Investment Corporation to raise $225 million loan to support expansion of its micro, small and medium enterprise lending programmes across India. At least 25 per cent of the proposed facility will support women entrepreneurs an…
बिहार: बिहार में फूड पार्क लगाएगी आईटीसी!
एफएमसीजी क्षेत्र की दिग्गज कंपनी आईटीसी ने बिहार में निवेश करने में दिलचस्पी दिखाई है। कंपनी पटना के आस-पास एक फूड पार्क स्थापित करना चाहती है। इसके लिए कंपनी इस वक्त राज्य सरकार के साथ शुरुआती स्तर पर बातचीत भी कर रही है। राज्य सरकार के अधिकारियों के मुताबिक बिहार में कृषि उत्पादों की प्रचुरता […
GST Impact: Gold importers, exporters to face many operational issues
The financial cost of importing gold and diamond is set to increase on account of Integrated Goods and Service Tax (IGST), as importers’ capital is likely to be blocked until refund comes. Even as exporters propose to raise bank guarantees to avoid refund complexities, domestic bullion trad…
President Mukherjee bullish on start-ups & SMBs to “fully utilise” demographic dividend
With India on the cusp of creating 50 million jobs by 2020, President Pranab Mukherjee has further laid his trust on start-ups and small businesses. “Every year 10 million persons are entering the job market and not adequate job creation is being done. The solution has to depend on start-ups, we …