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Tonetag raises funds from Mohandas Pai & others

Digital contactless payments solutions firm ToneTag has raised funds from a group of IT industry veterans, including Mohandas Pai, Chairman, Manipal Global Education Services, T K Kurien, Vice Chairman of Wipro, Anand Chandrasekaran, former Snapdeal Chief Product Officer, Deepak Ghaisas, former i…

Smriti Irani sees India as the textile desination

India is to become a Textile destination of the world, claims Textile Minister Smriti Irani. In line with the cooperative federalism , the minister has ensured that the views and contribution of all states would be reflected in the new textile policy. The Minister was speaking at the concluding s…

This is how Modi unfolded his masterplan to make India a cashless country

In all this flurry of the government scrapping Rs 500 and Rs 1,000 notes with immediate effect, what most have failed to see is the series of moves that had been leading up to this moment. First, there was the Pradhan Mantri Jan-Dhan Yojana launched on August 28, 2014. The move was essentially to…

Tata Docomo targets ICT Business in Kerala’s SME sector

Tata Docomo Business Services (TDBS), one of the leading players in the enterprise space in India, today highlighted its focus on Small and Medium Enterprises (SMEs) in Kerala with special emphasis on digital transformation of traditional brick-and-mortar companies across industry verticals. TDBS…

Paytm, Freecharge launch ‘Wallet on Delivery’ to counter COD

In a move that may end the era of cash on delivery (CoD) forever, mobile wallets Paytm and Freecharge today launched ‘Wallet on Delivery’ (WoD), which will allow users to pay on delivery by using their e-wallet. Paytm in an official tweet said: “Goodbye, COD. We’re working with our co…

NSIC to reward small units via Performance & Credit Rating Scheme

The National Small Industries Corporation (NSIC) is providing concessions for micro and small enterprises, rated under the Performance and Credit Rating scheme. The units shall be given incentives though special rate of interest. The MSEs which score the highest rating (SE A1) on the rating scale…

Uttar Pradesh is biggest beneficiary of PMEGP Scheme

MSMEs are playing a vital role in generating employment in the country. This sector provides employment to more than 6 crore people. But what’s more, this sector also gives chance to unskilled person to earn their bread and butter.  Most unorganized sector of this country generates maximum employ…