Assam Industries & Commerce Minister Chandra Mohan Patowary urged all MSME units to put thrust on producing quality products. “Quality products alone will help MSME units to survive severe competition from global companies,” the Minister said while addressing a national workshop on ‘Lean Manu…
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CBDT allays SMEs fear over reopening of past cases
The income tax department has sought to allay fears of companies, particularly those in the Small and Medium Enterprises (SMEs) sector, over reopening of earlier cases due to increased turnover reported in the current financial year because of digitisation. In a circular, the Central Board of Dir…
Govt efforts must for IPO aspiring SMEs: Agro Phos MD
Indore: You see there are more than 2.50 lakh registered SMEs in the country but only 150 units have entered the capital market. There are some potential SME units but they lack awareness. So, it is time for both the state and central governments to come forward and provide them support. These v…
Facebook shortlists ed-tech start-up XPrep for FbStart programme
Tutor enablement platform XPrep, run by Epsilon Eduventures Pvt. Ltd, has been selected by Facebook Inc. for its FbStart programme. The programme, aimed at developers, is designed to help early-stage mobile-focused startups build and grow their apps. Under the programme, the company will receive …
Demonetisation will convert informal economy into organised sector: Assocham President
Prime Minister Narendra Modi’s drive to take the economy into a ‘less cash’ mode through a multipronged strategy would not only check the menace of black money and corruption, but would also convert a large part of the informal economy into the organised sector, according to Assocham President Su…
Tirupati Tech Expo notes increase in participation of innovators & tech startups
About 100 domestic and international business agreements were signed at the DST-Lockheed Martin India Innovation Growth Programme(IIGP)‘s Tirupati Technology Expo in Tirupati city. The number of agreements, which are primarily aimed at taking the innovative technology ideas to the market, h…
Start-ups need to engage more closely with govt: MeitY Secy
The Indian startup ecosystem needs to work more closely with the government and engage in sharing information and analysis to “make sure all the irrationalities are ironed out over a period of time”, a top government official said. Speaking at a CII event, Ministry of Electronics and …
Unique Patient Identifier for policyholders to drive digitisation of health insurance | Study
New Delhi: Digitisation and IT are changing the landscape of healthcare and health insurance ecosystem in the country. PM’s initiative of ‘Digital India’ has given a further boost to digitization that will help in the adoption of Electronic Health Records (EHR) and Health Information Systems in t…
Vizag steel plant urged to help out local MSMEs
Visakhapatnam: The big public sector units in the city, especially Visakhapatnam steel plant, should extend a helping hand to the local micro, small-scale and medium enterprises (MSMEs) to achieve employment generation and economic progress, according to Ch. Ayyanna Patrudu, the state Panchayat R…
#DigitalTransformation: Start-ups offer IoT solutions on Microsoft Azure for manufacturing sector
New Delhi, 12 December, 2016: Microsoft has showcased three marquee IoT solutions aimed at digitally transforming the Indian manufacturing industry. Powered by Azure, the Microsoft cloud, the three solutions offered by Precimetrix, Teramatrix and Covacsis are helping create digital, intelligent a…