Hyderabad: After several rounds of deliberations, the Telangana Industrial Health Clinic (TIHC), touted to be the first of its kind initiative in the country , is finally set to be launched now. Its primary objective: to assist with the rehabilitation of `sick’ micro, small and medium enter…
News
GCCI sets up cell to tackle trade disputes of MSMEs
Ahmedabad: The Gujarat Chamber of Commerce & Industry (GCCI) on April 25 announced the establishment of the Arbitration, Mediation, Conciliation and Alternate Dispute Resolution Centre (GCCI-ADRC) that will provide quick and hassle-free redressal to industry disputes. The industry body plans …
IAN announces India’s first & world’s largest maiden fund worth Rs 350 cr
Indian Angel Network (IAN) has become the first angel investor group globally to raise a 350 crore fund. The fund which marked its first close at rupees 175 Crores has industry stalwarts like Kris Gopalakrishnan, the cofounder and ex-CEO of Infosys; Sunil Munjal, joint managing director of Hero C…
Stamp duty & registration fee to be waived for start-ups buying space in Mumbai
Mumbai: For recognized incubators or startups keen to buy or rent spaceproperty, the state has proposed a 100% waiver on stamp duty and registration fees on their first transaction and 50% on the second. The provision is part of a draft policy now in the public domain. In a bid to encourage small…
‘Industry must focus on intellectual property issues’
Hyderabad: In India, just 8-10 corporates invest more than Rs 500 crore annually in research and development. This was out of more than 960 companies which are listed to be doing R&D, according to Nirmalya Bagchi, Dean of Research and Management Studies, Administrative Staff College of India,…
Kalraj Mishra lists a slew of firsts, maximums & upcomings at 15th National MSME Board Meeting
Union MSME Minister Kalraj Mishra addressed the 15th National Board Meeting of MSME at Vigyan Bhawan in New Delhi on April 27, and detailed the achievements of MSME Ministry in 2016-17, while also painting the possibilities in near future. “I recall the previous meeting of National Board when Aru…
Empowering ecosystem: StartFed to help start-ups in Eastern India navigate challenges & opportunities
Kolkata: According to a Nasscom-Zinnov report released last year, India is expected to have over 10,500 startups by 2020. They are forecast to account for over 2.1 lakh jobs in the market. However, where do the opportunities and challenges lie for startups? Many of India’s new-age companies have …
Seedstars world is coming to Delhi to find the best tech start-up in India
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes is coming to India for the 4th time. With the support of local Seedstars Ambassador Apoorv Bamba, from Startup Safari, Seedstars World will be hosting a dynamic pitching event at the…
India’s IT/BPM industry needs to shift from scale to skill: Nasscom chairman Raman Roy
The National Association of Software and Services Companies, or NASSCOM, a trade association, recently appointed Raman Roy as its chairman for 2017-2018. Roy seems to be the right person at this time, given he has played a pivotal role in building the Indian BPM/BPO industry. He’s had to face sig…
Venkaiah Naidu launches MyMSME App & MSEFC web portal
In a move to further digitally push MSMEs, Union Minister of Urban Development, and Information and Broadcasting, Venkaiah Naidu has launched MyMSME App and MSE Facilitation Council Web Portal at 15th National Board Meeting of MSME Ministry held at Vigyan Bhawan in New Delhi on April 27. “I am ha…