The government is considering encouraging start ups to produce electronic voting machines and paper trail equipment using latest technology provided the security aspect is cleared by the Election Commission. “There is a considered view in the government to encourage start ups to produce EVM…
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Small biz stress dulls; good show by HDFC Bank, Kotak
Two leading private banks – HDFC Bank and Kotak Mahindra – kicked off the earnings season with decent profits, but with a marginal increase in bad loans too. The results of these banks, which are considered among the best lenders in terms of asset quality, are seen as a pointer to ris…
IPOs on SME bourse too on a hot streak
The spectacular revival in the primary markets in the last few months is not limited to large IPOs such as Quess Corp or Mahanagar Gas. Public share sales of smaller companies on the dedicated SME boards of stock exchanges, too, have been on a hot streak. All 13 companies that have listed on the …
Govt asks top 50 companies to fund incubators as CSR spend
The government has asked the country’s top 50 companies to fund incubators as part of their corporate social responsibility (CSR) spend, a move meant to strengthen the startup ecosystem. Large companies have to allocate 2% of their profits towards CSR but have competing demands -from buildi…
Tax filing in vernacular language could be the fastest way to achieve PM’s target of 10 crore tax return filers in India
India’s first vernacular app – myITreturn – supports widening of tax base – supports English and 10 Indian languages. Addressing tax officials at the two day Rajasva Gyan Sangam in New Delhi, Prime Minister, Narendra Modi exhorted the importance of growing the tax payer base and gave …
Now plan your taxes better with greytHR’s mobile app
Greytip Software, a leading HR and Payroll solutions provider to SMEs and enterprises across India, today introduced a new IT Savings feature on its mobile app. This powerful feature is available to employees of organisations using the company’s flagship cloud solution, greytHR. It allows users t…
KVIC launches vouchers to attract customers; increase sales
Khadi and Village Industries Commission (KVIC) said it has launched gift vouchers to attract more customers and increase its sales. The vouchers are in the denominations of Rs 500, Rs 1,000 and Rs 5,000. KVIC Chairman V K Saxena said: “The scheme would particularly be helpful for corporate …
Madhya Pradesh govt signs MoU with CII to attract investors
With an aim to promote ‘Make in Madhya Pradesh’ as a brand to attract investment, an pact was signed between the state Trade and Investment Facilitation Corporation (MPTRIFAC) and Confederation of Indian Industry (CII) here. The agreement was inked on July 18 by TRIFAC MD D P Ahuja an…
NITI Aayog & Intel India sign statement of intent to kick-off Atal Tinkering Lab initiative for young innovators
NITI Aayog has introduced the Atal Tinkering Laboratories (ATL) initiative as a part of its flagship programme – the Atal Innovation Mission (AIM). As part of a crucial effort to efficiently implement the initiative, NITI Aayo signed a Statement of Intent (SoI) with Intel India. The key objective…
Govt, Oppn must join hands for GST breakthrough: Assocham
Government and the main opposition party should get the long-stalled Constitutional Amendment Bill on GST passed in the Rajya Sabha in first few days of the monsoon session of Parliament, industry body Assocham has said. “At this point, when macroeconomic risks like rebound in inflation and…