Come January, mobile payments and commerce platform Paytm will offer a #StartInCollege scholarship programme to engineering students who have enrolled on digital incubator startup village or SV.CO’s website. The #StartInCollege programme will select students as teams from engineering colleg…
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New incentives for garment exporters from Sep 20
In order to boost garment exports, the revenue department has started the process to operationalise the Rs 5,500-crore ROSL scheme from September 20, under which exporters will be compensated for state levies. Presently, exporters get only duty drawback on the central levies imposed during the pr…
Lendingkart partners Unicommerce to offer collateral-free working capital loans to SMEs
Lendingkart Group has announced a strategic partnership with Unicommerce, a Delhi-based multichannel order fulfillment platform. The partnership will enable Unicommerce’s consumer base to get access to collateral-free working capital loans through Lendingkart Group’s NBFC within 72 hours of appli…
With Israel trade talks, startups to make a debut in India’s FTAs
Startups may be set to debut in India’s free trade agreements. In trade pact talks with Israel, India has expressed interest in the transfer of knowhow from that country’s defence and security startups. “Israel is very keen to have a trading arrangement with us,” said a Co…
E-marketplace would be game changer in public procurement: Commerce Secy
E-marketplace would be a game changer in public procurement and would give a boost to ‘Make in India’ by removing entry barriers for doing business with the government, Commerce Secretary Rita Teaotia said. The Government e-Marketplace (GeM) was developed by Directorate General of Sup…
BANKEDGE forays into Tamil Nadu to foster skilled manpower development for private sector banks.
BANKEDGE, a leading National Talent Development Corporation and India’s leading Banking training academy, has launched its operations in Chennai with state-of-the-art education centres at T. Nagar. BANKEDGE entered into Chennai to offer a vast range of industry-aligned, employability enhancing pr…
Advance Marketing Intelligence Wing to be set up: Punjab CM
To tap the marketing potential of fruits and vegetables from the state, Punjab Chief Minister Parkash Singh Badal on August 29, gave his nod for setting up of an Advance Marketing Intelligence Wing for Horticulture (AMIWH) in the state. The decision was taken by the Chief Minister while presiding…
HAL & DRDO the current windows for MSMEs participation with Defence Indigenisation: Air Marshal P P Khandekar
HAL & DRDO the current windows for MSMEs participation with Defence Indigenisation: Air Marshal P P Khandekar, AO-in-C (Maintenance), IAF emphasized, articulating that MSMEs should progress with defence indigenization programme with increased Research & Development (R&D) having innova…
MobiKwik Partners with 12 Eelectricity Boards in 8 States
MobiKwik, the largest digital payment company in India, August 30 announced its tie ups with 12 state electricity boards. The move comes as a part of MobiKwik’s expansion plan to set up a national base for utility payments. The state electricity boards that have been tied up with are Bihar, Madh…
Banks unaware of SME issues, says Nirmala Sitharaman
After pitching for a two per cent cut in RBI’s interest rate, Commerce Minister Nirmala Sitharaman has said banks have not sufficiently understood the problems faced by Small and Medium Enterprises (SMEs), especially those related to high credit costs. Responding to Twitterati on the issue,…