News

India to reach out to global giants for engineering exports

Unfazed by global headwinds and forces of protectionism in some of the leading economies , India will showcase its technological and engineering prowess to top international  firms at the 6th edition of the International Engineering Sourcing Show(IESS) at Chennai , expecting significant business …

All women branches finding favour with fin institutions

Chennai: Just as the police force found “All women’s police stations” fulfilling a unique need, financial institutions such as banks, MFIs and insurance companies are coming up with all women sourcing networks. At Bajaj Allianz General Insurance Co, their all women branches are …

DIPP to open registration for start ups from March 15

The Department of Industrial Policy and Promotion (DIPP) will open registration process for start ups and venture funds from India and abroad next week in a bid to connect to investors and give start ups access Indian and global markets. “The government is fully behind start ups and provide them …

Snackexperts raises Pre series A funding, existing investors exit company

Chennai: Healthy snacking startup Snackexperts received undisclosed Pre Series A funding from Dipti Ranjan Pattnaik, chairman of Altrade Group, Shobhit Anand Das, Rohit Anand Das and Navnit Krishna, who have invested in their individual capacity. The existing investors Ajeet Khurana, Taha Nabee, …

Women from weaker sections hold on to jobs

Mumbai: Women’s attrition remains a big challenge for companies. Tapping into the vast potential of women from underprivileged sections of society could provide the requisite solution through simple methods of creating career intentional initiatives. Corporate exposure, role models and ment…

PipeCandy bags $1.1 mn from IDG, Axilor, others

Chennai: Data science startup PipeCandy has raised a seed round of $1.1 million from multiple investors including IDG Ventures India, Axilor Ventures (promoted by founders of Infosys), Silicon Valley based Emergent Ventures, Indian Angel Network and other individual founders. PipeCandy uses data …

Destination China for India’s handicraft

New Delhi: At a time when Chinese imports have flooded the Indian market, India is managing to push its handicraft there in much bigger numbers. Handicraft exports are likely to more than double from Rs 308 crore in FY15 to Rs 650 crore this year with China demanding more of metal-based craft and…

Govt reviewing scheme for integrated textile parks

The Indian government is reviewing the Scheme for Integrated Textile Parks (SITP) after a recent report commissioned by the Ministry of textiles found that the scheme has failed to achieve its objectives. The primary objective of the SITP is to provide the industry with worldclass state-of-the-ar…