Union Commerce and Industry Minister Nirmala Sitharaman has said that unlike other sectors, Gem and Jewellery sector has direct impact on job creation. Speaking at the foundation stone laying ceremony of Indian Institute of Gem and Jewellery (IIGJ) Varanasi Extension Campus , she said this is one…
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Deskera claims to be the first GST compliant cloud software provider in India
Reports circulating the web reveal the compulsion to roll out GST by Sep 16, 2017. With businesses gone online, and a trend inclined towards cloud and data analytics, many would look for software services to help build their business function smoothly. Pune-based Deskera is one such service provi…
Demonetisation Effect | Start-ups shift into high gear
Even as the demonetisation announcement of November 8 and its fallout continue to receive mixed reactions, aspiring entrepreneurs took to maneuvering strategically, taking several measures to make people, especially the underprivileged, aware about the ban and helping them ease their woes. This, …
Smart manufacturing will disrupt SMEs, say experts
The emerging trend of smart manufacturing will be highly disruptive to Small and Medium Enterprises (SMEs) in the manufacturing sector, especially for those focused on the local market, concluded the deliberations made in a workshop on smart manufacturing organised by the Indian Institute of Info…
Textile & Craft Shopping Mela portrays North-Eastern talent
Union Minister of State for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh inaugurated the “Northeast Textile & Craft Shopping Mela”, which has been jointly organised by the Ministry of DoNER…
Telemedicine start-ups give gateway to rural women for providing medical help
When Pooja Rathore, 23, was brought to Karma Health care’s clinic in Jaisamand in Rajasthan, she was in a critical condition. The doctors ordered a blood test, found that her haemoglobin level was as low as 2.1 and ordered an immediate transfusion to save her life. All within minutes and fr…
Realty bites for NBFCs’ business of loan against property
Demonetisation might further encourage non-banking financial companies (NBFCs) to look away from their loan-against property portfolios. “The growth rate of the loan-against-property business is likely to shrink to 15-20% this financial year, as compared with 22-24% two years ago”, sa…
Hedge funds fleeing Indian start-up market
Hedge funds were all over the Indian startup scene last year. Look around now and it will be hard to spot one. They have simply fallen off the cliff in 2016. There have been only 10 deals involving hedge funds in the first three quarters of 2016, compared to 50 deals in the same period […]…
Demonetisation Effect | Hiring may shoot up as Fintech start-ups gain galore
Fintech startups are proving to be the biggest beneficiaries of the government’s demonetisation move and with the rise in business, recruitment plans of these companies are likely to see a significant uptrend in the coming months, experts say. E-wallet companies like Paytm, PayU India, Mobi…
GoZoop gears up to make acquisitions in SMEs structured
The ad agency giants are always on the lookout for fresh talent, and often end up shelling out big monies to buyout startups, that add value to their portfolios. Especially in India, over the last five years, acquisitions have been an integral part of network agencies’ growth plans. While that’s …