Banking, retail, and healthcare are the top adopters of start-up technologies based on their growth potential, willingness to adopt start-up solutions, and availability of such complex solutions locally, a recent report has said. “Driven by optimisation, banking, retail and healthcare are t…
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DIPP, Andhra to hold Partnership Summit in January
The Department of Industrial Policy and Promotion (DIPP) and the Andhra Pradesh government will jointly organise two-day Partnership Summit from January 27, 2017, for global and Indian industry to discuss innovative policies and path-breaking strategies, an official statement said on November 10.…
Rajasthan inks 38 MoUs worth Rs 4400.89 cr during ‘GRAM 2016’
Union Minister for Urban Development Housing, Urban Poverty Alleviation, & Parliamentary Affairs, Venkaiah Naidu on the occasion of Memorandum of Understanding signing ceremony on the second day of ‘Global Rajasthan Agritech Meet 2016’ said that he will try his best to come up with a concept …
Donald’s triumph is good for Indian start-ups
Depending on which side of the Atlantic you’re on, you can’t ignore the fact that today is also 9/11 and some worlds have come crashing down: Donald Trump has charged ahead of Hilary Clinton and Narendra Modi has stunned India by demonetising Rs 1000 and Rs 500 currency notes overnigh…
Pradhan Mantri Yuva Yojana launched to scale up young entrepreneurship
The Ministry of Skill Development and Entrepreneurship announced launch of Pradhan Mantri Yuva Yojana to scale up an ecosystem of entrepreneurship for youngsters. “The scheme spans over five years (2016-17 to 2020-21) with a project cost of Rs 499.94 crore and will provide entrepreneurship …
Currency Ban Impact | Start-ups & vendors keeping customers happy
While other vendors kept panicking off the hook and instructed food delivery boys not to deal with cash as early as 7pm on November 8 night, Box8 welcomed notes of all shapes and sizes. In a more the merrier attitude, Box8, a food tech startup managed to assuage people’s fears and rake in …
Productivity enhancement a must to boost Indian exports: World Bank
India needs to enhance productivity of its firms and bring about policy action to become one of the key exporting countries from the South Asian region, a World Bank report said. Today, a broad set of constraints limit the growth and export potential of Indian firms’ vis-a-vis their competi…
Artisans too being made part of Khadi success story: MSME MoS Giriraj Singh
Promoted aggressively by Prime Minister Narendra Modi himself, Khadi is set to touch dizzying heights. Khadi and Village Industries Commission (KVIC) , the nodal agency for promoting Khadi expects to cross its sales target of Rs 5,000 crore by the end of the current fiscal. A Long Way To Go KVIC …
Currency Ban Impact | Professionals scramble to micro loan start-ups
At 11pm on November 8 night, Akshay Mehrotra, Co-Founder, EarlySalary, was biting his nails, looking at almost 90% of his 2000 users borrowing money from his platform in a click. Within 9 hours into November 9, EarlySalary had exhausted their loan limits. At Cashe, repeat and new users have borro…
Older cab firms in Chennai to accept invalid notes as Uber, Ola turn to digital payments
Cab aggregators sent assurances through their mobile applications, accepted Rs 500 bills, and made a deeper pledge toward digital payments to keep up their services a night after the Union Government withdrew Rs 500 and Rs 1,000 bills. The way aggregators responded spotlighted on which side of th…