The Indian Institute of Management Bangalore (IIMB) and the International Institute of Information Technology Bangalore (IIIT-B) signed an agreement Friday to share expertise in the areas of technology and management with respect to startups incubated on their campuses. The institutes will work t…
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T-Hub partners with entrepreneurship centre in Israel
Telangana government promoted technology incubator T-Hub has partnered with Israeli university , Tel Aviv ‘s entrepreneurship centre StarTAU on June 8. In a joint statement, they said this collaboration will create an international gateway for exchange of start-ups between Hyderabad and Isr…
Edelweiss Retail Finance expands partnership with Indifi Technologies
Indifi Technologies, an enabler for SME funding in India, has successfully expanded its partnership with Edelweiss Retail Finance, as a lender on its online lending platform. With this association, Edelweiss Retail Finance will now extend lending to small businesses across multiple segments that …
Indigenisation, Make in India, major thrust areas for BEL
Public sector defence electronics major Bharat Electronics Limited (BEL) on June 8 announced the ‘Make in India’ programme and indigenisation as major thrust areas. “We are positively contributing to Make in India and our turnover from indigenous technology is 86 percent. We are…
SBI to offer financing to farmers through corporate partnerships
State Bank of India (SBI), country’s largest commercial bank has signed a MoU with Jain Farm Fresh Foods Limited (a subsidiary of Jain Irrigation Systems Limited). The new tie-up will help farmers associated with Jain Farm Fresh Foods Limited to avail finance against receivables due from the comp…
FICCI suggests for creating Geospatial Information Regulatory Authority
New Delhi, 8 June 2016: FICCI appreciates the efforts of the Ministry of Home Affairs, Government of India for taking geospatial information into consideration in view of ensuring security, sovereignty and integrity of the nation. There has been a requirement for a policy framework and well-artic…
OYO enters into partnership with ItzCash to build strong Omni-channel presence
OYO, India’s largest branded network of hotels announced a strategic partnership with ItzCash, India’s pioneer and the largest player in the digital payments space, to tap the next 500 million underserved Indian consumer segment. The tie-up will facilitate effortless payments for hotel-bookings a…
PayUmoney launches industry’s first-of-its-kind POS business terminal
PayUmoney has announced the launch of its innovative POS terminal which promises to connect even the smallest corner shop to the world of paperless payment. With no monthly rental, no minimum balance, and the option to link any bank account, the PayUmoney POS terminal, costing a mere Rs. 7,000 (a…
Private incubators too may be allowed to certify startups
The government’s Department of Industrial Policy and Promotion (DIPP) will issue a notification to put in place a framework to enable private incubators certify startups as part of its Startup India plan making them eligible for tax benefits and other facilities, official sources told. R…
Ola to become India’s first app-based ride-hailing service to operate under valid licence
Ola will soon become the first app-based ride-hailing service in India to operate under a valid licence issued by the Karnataka state road transport authority. This comes after two months of the implementation of the Karnataka On-demand Transportation Technology Aggregator Rules 2016. HG Kumar, A…