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Union Textiles Minister Smriti Irani inaugurates IIGF 2017

The Union Textiles Minister Smriti Zubin Irani said that with 312 participants from 14 states coming together, India International Garment Fair is one of the largest platforms in Asia showcasing apparel & accessories. She said that with the presence of 246 registered buying houses, IIGF will …

South Indian Bank to enhance its retail & SME business

South Indian Bank, which provides retail, corporate and para banking services, has posted its investor presentation on January 18, 2017. Going forward, the company intends to continue focusing on its retail and SME business through centralised marketing and processing centres; penetration into ex…

Need to address lack of manpower in technical textiles: Smriti Irani

The government will support the technical textiles sector in bridging the manpower gap but the industry needs to define the requisite skills, Union Minister Smriti Irani said. The issue of lack of manpower in the technical textiles sector needs to be addressed, the textiles minister said, adding …

Yes bank ties up with T-Hub, Anthill for Fintech start-ups

Yes Bank said it has launched ‘Yes Fintech’, a business accelerator program in collaboration with T-Hub, a startup incubator set up by the Telangana government and Anthill – a speed scaling platform for early growth stage start-ups. ‘Yes Fintech’ is inviting applicat…

Flipkart invests $2mn in parenting social network Tinystep

Tinystep a parenting social network platform, said it has received $2 million (Rs 13.6 crore) in funding from e-commerce giant, Flipkart. With the funding, the startup plans to advance its products, improve user experience and expand on services, Tinystep said in a statement. “It has been a…

Small, micro industries can help Arunachal grow: Sadhvi Niranjan Jyoti

Arunachal Pradesh can be developed through small and micro industries, Union Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti said. Speaking at ‘Arunachal Pradesh Food Pro’, a programme jointly organised by the Indian Chamber of Commerce (ICC) and the Union Minis…

Manufacturers’ body appeals to govt against sudden changes in policy

Coimbatore: “It should not be sudden and should be done in due consultation with the industry,” KE Raghunathan, President, AIMO, said. Study on demonetisation Sharing the findings of a study on the impact of demonetisation on micro, small, medium and large enterprises across the country, the AIMO…

India ready to export defence products: Manohar Parrikar

Defence Minister Manohar Parrikar feels that the synergy between DRDO and industry in developing products has provided the needed thrust for exporting defence products globally. “We are taking steps in this direction and I am sure that our missiles and weapon systems will be well-received in the …