E-commerce platform is fast emerging as a new trend in global trade and SMEs should use this medium to get direct access to the world markets, a top government official said today. Commerce Secretary Rita Teaotia said the e-commerce platform significantly reduces the interference of middleman and…
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Autodesk joins major MNCs looking to tap into startup ecosystem in India
Autodesk, the 3D design company whose software was used to create special effects in blockbuster film `Avatar,’ is launching a design and innovation centre in Bengaluru. The centre will provide a platform for startups, giving them access to its design technology as well as funding. It will …
Centre buffing package for leather sector to boost jobs
The Centre is planning a special package, incorporating labour reforms, subsidies and duty incentives, for the leather sector to boost investment, jobs and exports. The Department of Industrial Policy and Promotion (DIPP) — the nodal agency for the Indian Leather Development Programme (ILDP) — is…
Axis Bank unveils ‘Thought Factory’ in Bengaluru for startups
Axis Bank has announced the launch of ‘Thought Factory’, an innovation lab facility aimed at accelerating the development of innovative technology solutions, for the banking sector. The innovation hub located in Bengaluru has an in-house innovation team and an accelerator program. The…
New model formulated under MUDRA scheme for handloom sector: Textiles Secretary
The Ministry of Textiles has set a target of extending MUDRA loans to five lakh handloom weavers in the next three years. This was announced by Union Textiles Secretary, Rashmi Verma, at a national workshop on MUDRA scheme for handloom weavers and artisans, organized by Office of Development Comm…
Juniper Networks introduces cloud-enabled branch to deliver on-demand cloud services
Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today announced Juniper Networks Cloud-Enabled Branch, a transformative solution that will allow enterprises and managed service providers alike to seamlessly create and automate delivery of branch offic…
Coir manufacture estate to be initiated in Mayiladuthurai
National Coir Board Chairman and former MP C P Radhakrishnan has said that the Government is thinking of initiating a Coir manufacturing estate in the town. The BJP man told the press after attending a private function here. The central government will extend its support to raise the voice of Tam…
Virat kohli starts new venture Stepathlon to tackle fitness issues affecting kids
Fitness is the next rising industry in the startup space, given the amount of investor interest they are seeing both from celebrity cricketers and well-known entrepreneurs. Cricketer Virat Kohli on June 28 kicked off a new fitness venture in a joint venture with Stepathlon Lifestyle. The venture,…
Entrepreneurs launch web series, online reality programme
When digital entertainment startup TVF Media Labs launched a comedy series on YouTube called ‘TVF Pitchers’ in June last year, exploring the lives of young entrepreneurs, it was quick to get about 1.5-crore views. Ever since, entrepreneurs, bitten by the startup bug and enterprises se…
After Modi govt’s easier labour norms, textile exporters vow to add jobs
Less than a week after the government announced radical changes to labour laws and offered a Rs 6,000-crore package to the garments sector, exporters are pitching in to do their bit. As many as 38 garment exporters — including 13 Small and Medium Enterprises with a turnover of under R5 crore each…