Global e-commerce major Amazon will keep investing in the Indian market to strengthen technology and infrastructure as it looks to overtake local rival Flipkart. The US-based company has already committed investments to the tune of $5 billion in India. “Our India team is moving fast and del…
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Centre asks states to simplify compliance procedures for MSMEs
New Delhi, April 28: The Centre has asked states to simplify compliance procedures for micro, small and medium enterprises (MSME) and address issues related to availability of credit facilities and skilled man-power. Union MSME Minister Kalraj Mishra convened a meeting of ministers and principal …
Informal ministers’ group to redefine MSMEs
New Delhi, April 28: An informal group of ministers will discuss and take a final call on redefining Micro, Small and Medium Enterprises (MSMEs) following varied views on the issue, MSME Minister Kalraj Mishra said. “The Group of Secretaries is of the view that turnover and employment should be …
Industry body seeks special treatment for small units in GST
Laghu Udyog Bharati has called for preferential treatment of micro and small enterprises with turnover of less than Rs 2 crore, urging the government to put them under zero duty structure of GST. “We want GST to be modified. We are not satisfied with GST in the present form. The government …
Create ecosystem to make new IPR Policy successful: Suresh Prabhu
Start-ups in India show a positive approach towards creation, protection and management of IPR, so as to enable them to compete in the global market and achieve growth in business. It is widely acknowledged that Intellectual Property (IP) can improve the competitiveness of start-ups and act as a …
Afraid of GST, retailers are limiting their purchases
Afraid of possible losses after the July implementation of goods and services tax (GST), many small retailers and wholesalers have limited the quantity of products they buy from consumer goods companies. The fear is a result of the worry that once GST gets implemented, it would apply on the goods…
Assam CM assures all kind of assistance to investors at Green Gold Bamboo Summit
Guwahati, April 28: Assam Chief Minister Sarbananda Sonowal assured all kind of assistance to the investors on bamboo in the state while speaking at the inaugural session of the Green Gold Bamboo Summit, a Government of Assam initiative at Assam Administrative Staff College, Khanapara in Guwahati…
Taiwan eyes investment in Assam bamboo
Guwahati, April 28: Chung Kwang Tien, representative of Taipei economics and culture centre in India today said Taiwan is interested in sharing the country’s expertise in Bamboo commodities with Assam. “Taiwan, like Assam, is also closely associated with bamboo. Bamboo shoot is one of our primary…
Experts analyse technical usage of Bamboo at Green Gold Bamboo Summit
Guwahati, April 28 : Experts involved in bamboo industry have made elaborate analysis on different products and farming of bamboo in the technical session of the inaugural day of Green Gold Bamboo Summit on April 28. Dr BN Mohanty, Director of Indian Pollywood Industries and Training Institute (I…
Innovation – Key mantra, say bamboo industry pioneers
Guwahati, April 28: The bamboo artisans and entrepreneurs participating in the Green Gold Bamboo Summit here had a heyday today, as the pioneers in the industry shared their experiences. Pushapnjali Das, proprietor of the Green Bam Solutions – a housing and defence consultancy start up that uses …