Senior executives from the India’s motion picture and digital industries concluded that accessibility; affordability, quality content and online content protection will be the key drivers to sustain growth in India’s digital economy. Fast Track India: Bolstering Growth in the Digital Content Econ…
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Govt allows 74 per cent FDI in pharma sector
FDI in Brownfield pharma sector has been permitted upto 74% under automatic route; and FDI beyond 74% and upto 100% is allowed under Government approval route The move to permit 74% FDI under automatic route in Brownfield pharmaceutical sector is aimed at attracting required capital, internationa…
BRICS meet in Agra to discuss pacts on MSME, services
BRICS countries – Brazil, Russia, India, China and South Africa – will try to thrash out an agreement on cooperation amongst Micro, Small, and Medium Enterprises (MSMEs) and a pact on services, including facilitation of business visas, in a meeting of senior officials in Agra this week. “Official…
Centre promoting Khadi use by Air India and Railways
To revive the khadi industry, Indian Railways and Air India are being encouraged to use products made up of the fabrics in trains and aeroplanes even as the KVIC’s sales grew 24 per cent in 2015-16, Parliament was informed. “Indian Railways and Air India are being encouraged to use kh…
Suvidhaa Infoserve ties up with Indifi Tech for easy loan processing for SMEs
Indifi Technologies, an enabler for SME funding in India, has partnered with Mumbai based business correspondent Suvidhaa Infoserve , in order to facilitate easy credit for Suvidhaa’s retailers. This tie up is expected to meet the credit needs of Suvidhaa’s more than 90,000 retail age…
KVIC to set Khadi stall in Parliament
The Khadi and Village Industries Commission (KVIC) is all set to tap the Members of Parliament to help take Khadi to the nook and corner of the country. Lok Sabha Speaker, Sumitra Mahajan has agreed to a request from the KVIC Chairman, V.K.Saxena, to allocate space to set up a stall within the Pa…
Over 500 water desalination plants likely by 2017: PHD Chamber
PHD Chamber of Commerce and Industry and India Water Foundation on July 28 forecast that roughly over 500 desalination plants of sizeable capacity are likely to be commissioned in and around India’s coast line measuring 7,600 km by 2017 with public and private investments including foreign …
Kurlon becomes the first SME to implement SAP S4 HANA for its 9 factories
Mattress manufacturing firm Kurlon will be the first SMEs to go live on SAP S4 HANA for its nine factories, one corporate office and 75 branches across India. Established in 1962, the company is the leading mattress manufacturer in the country. Kurlon has the PAN India presence and operates in vi…
Zoho to hire 4,000 people in 3-4 years, bets on SMEs
Cloud services firm Zoho plans to double its headcount to 8,000 people over the next 3-4 years as it introduces new solutions and expands focus on Small and Medium Businesses (SMBs). The company, which currently has some 4,000 people on its payroll, has development centres in Chennai and Tenkasi …
Tolexo to connect MSMEs in MP to a significantly wider market
New Delhi, July 27, 2016: In a constant bid to enable MSMEs across India to bolster their business, Tolexo, India’s largest online marketplace for business goods and supplies has signed an MoU with Madhya Pradesh Laghu Udyog Nigam Pvt Ltd (MPLUN). The MoU was signed in the august presence of Chie…