After a series of investments in businesses including startups, dashing West Indian opening batsman Chris Gayle has yet again made an investment by picking up a minority stake in city-based augmented reality venture FlippAR. “The West Indian great Chris Gayle has pic…
GSTN selects Adaequare as GST Suvidha Provider
New Delhi: Adaequare Info Private Limited, a data and product engineering company with specialization in finance and tax transformation, compliance management and e-commerce solutions has been selected as a Goods and Services Tax (GST) Suvidha Provider (GSP) by the GST Network (GSTN). The company…
Marketing start-up Synup raises $6 m in series A from Vertex Ventures, others
Synup, a provider of SaaS-based marketing solutions startup that enables local businesses to manage their online presence, has raised $6 Mn Series A funding. The round led by Vertex Ventures also saw participation from existing investor Prime Venture Partners. The startup will use the newly raise…
FinMin plans to organise series of Mudra Promotion Camps in bid to accelerate self-employment
In a bid to accelerate self employment opportunities, the finance ministry has decided to organise Mudra Promotion Camps across the country beginning September 27 from the Prime Minister’s constituency Varanasi. As part of the special drive, 50 camps, including one each in state capitals, will be…
NITI Aayog to prepare roadmap for pushing domestic manufacturing of lightweight body armours
New Delhi : The Prime Minister’s Office (PMO) has asked the Niti Aayog to set up an inter-ministerial empowered committee to prepare a roadmap to ‘encourage domestic manufacturing’ of lightweight body armours for the army and para-military forces. The committee, according to a senior governm…
TN govt plans to introduce a business facilitation Bill for ease of doing biz
The Tamil Nadu government is planning to introduce a business facilitation Bill next month that will be backed by a legislation to put the state on the investment map again. The state has slipped from the 12th to the 18th spot this year in ease of doing business rankings, rele…
Easy SME loans, disinvestment can dig economy out of the slump: Arvind Subramanian
New Delhi: Putting more money into the hands of consumers this festive season, easier loans to SMEs and expediting disinvestment are among the steps being considered as part of a stimulus package to dig the economy out of its deepest slump in three years, according to officials. Also on the …
Central Govt readying Rs 996 cr plan for SMEs in bulk drugs
With the pharmaceutical sector struggling to keep pace with international standards, the central government is readying a Rs 996-crore plan to boost small and medium-sized enterprises (SME) units focusing on bulk drug and medical device — two areas where India is heavily import-dependent. As per …
GST benefits MSMEs via competitions
The Goods and Services Tax (GST) is all set to enhance the competitiveness of the almost five crore Micro, Small and Medium Enterprises (MSMEs) that account for 25% of employment, 40% of industrial output and 45% of exports of the country. This, by making them a part of organised commerce and off…
Village Capital launches applications for programme supporting FinTech start-ups in India
Village Capital, a leading venture development organization, has launched applications for its FinTech: India 2017 programme, that will find, train and invest in early-stage fintech companies across India. The programme is being supported by PayPal, a leading digital payments company, and FMO, th…