News

Bangalore to host start-up festival

Bangalore: In a bid to put Bangalore amongst the top 10 startup places in the world, The Indus Entrepreneur (TiE) is organising a four-day Startup Festival in the city starting April 6. TiE is a non-profit global network of entrepreneurs and professionals dedicated to fostering entrepreneurship. …

Note ban woes over, SME credit growth picks up

Small businesses which were hit the hardest during demonestisation are bouncing back smartly, at least if their demand for credit is anything to go by. Bankers say that unsecured business loans portfolio, which is a lifeline for these small business entities, is showing a 15-18% growth over the p…

Haryana govt to offer incentives for new textile units

The government of Haryana has prepared Textile Policy 2017, which will be  providing incentives for setting up of new textile units. The policy proposes capital subsidy of 10 per cent for the eligible new projects of all textile enterprises across the state. Industrial plots would be made availab…

Xiaomi wants to incubate hardware start-ups

Bengaluru: Chinese electronics company Xiaomi is looking to incubate hardware start-ups and wants to open more manufacturing units as it sees considerable potential in the world’s third largest consumer market. Lei Jun, Chairman and CEO of the multi-billion dollar privately held company, which ma…

When ‘tourist’ investors pour money in start-ups

I’m taking you on a nostalgia trip. Remember the olden days (2016), when it seemed outlandish investments in technology startups were a thing of the faraway past (2015)? Snap out of it. Just look at the headlines of the past few weeks. China’s on-demand ride king Didi Chuxing is consi…

How a start-up can take steps with a mentor

I got “wings to fly” from IBM, says Sandeep Singh Kolhi, Co-Founder of a patent searching and analytics tool Xlpat. The US tech major mentored the tool, apart from offering infrastructure, training and hosting the platform on their cloud. “With IBM technology and services aiding us, we could focu…

Kerala start-up to build floating solar plants in Malaysia

Kozhikode: The solar energy startup company which had set up the state’s first floating solar power plant at Banasura Sagar reservoir in Wayanad has made an ambitious overseas foray by signing a memorandum of understanding (MoU) to build floating solar power plants in Malaysia. The agreemen…