News

No need to leave! Start-ups now thrive inside the gate

Small and mid-sized companies are increasingly incubating startups within the organisation, once largely the domain of large technology enterprises, to access ideas that can give them a competitive edge. This is also a much faster way to test an idea in a low-risk environment before deciding whet…

Go digital: The new normal for fundamental success

Profitability at Indian companies has been on a downhill path for the past five years as companies have struggled to deal with the ‘new normal’ of increased volatility and uncertainty, high indebtedness and the rising impact of digital disruption. This is according to a study on the performance o…

DIPP to pace-up security clearances to improve business climate

The Commerce and Industry Ministry is discussing with the Home Affairs Ministry fast-tracking of issuance of security clearances as it seeks to improve business climate, a top official said on November. Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said app…

SPICe e-form for speedy company incorporation by December: DIPP Secy

To improve ease of doing business in India a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-form is to be implemented by December 2016. The main objective of launching this e-format proforma is to provide speedy incorporation related services within a stipulated timefram…

Achhe Din: SMEs now get a new life via services

The focus has invariably been on the manufacturing space among SMEs since the government took it upon itself to increase its share in the economic pie. Since it announced its flagship programme Make in India to boost manufacturing in India, the sector has seen a renewed interest among stakeholder…

Telangana now aims at reducing cost of doing business

Having shared the top slot with Andhra Pradesh in ease of doing business and not resting on laurels, Telangana is now looking to reduce the cost of doing business, State IT and Industries Minister K T Rama Rao said. Addressing a press conference, Rao said that the government has made several chan…

Start-ups roll up sleeves to train the unskilled

Prior to joining healthcare service provider Care24, 33-year-old Rahul Nair earned a daily wage of Rs 800. He was trained for a week to enhance his skills as a nurse after which his daily remuneration shot up to Rs 1,200. Nair is one among the 2,500 unskilled or semi-skilled healthcare workers in…

India pitches for Chinese investment under ‘Make in India’

India has made a strong pitch for Chinese investments under the Make in India initiative in a range of sectors like infrastructure development and solar energy at two events in the booming eastern Zhejiang province. Nagaraj Naidu, Director-General of Investment Trade and Promotion Division of Min…