US-based social networking company LinkedIn is looking at buying Indian start-ups, has tweaked its India portal and with its new 800 seater office in Bengaluru, as it seeks to build on its India presence. India is currently the second biggest market for LinkedIn globally, with a user-base of 35 m…
News
Revamped schemes for Coir Industry
Enthused by rising exports of coir products and to improve ‘ease of doing business’, the Ministry of Medium, Small and Micro Enterprises (MSME) plans to revamp all schemes related to the industry. The revamped schemes, with focus on technology upgradation and incentivising new products for export…
Reliance industries subsidiary invests $16 million in tech startup NetraDyne
Reliance Industrial BSE 0.12 % Investments and Holdings (RIIHL), a subsidiary of Reliance Industries BSE -0.54 % is investing $16 million in compulsory convertible preferential shares of us based tech startup NetraDyne . According to a filing by the Mukesh Ambani owned group on the Bombay stock e…
Auctioning of mines under way, 100 blocks have also been identified for exploration| Secretary Mines
NEW DELHI, 1 June 2016: The government has already auctioned six mines and was in the process of auctioning another 50-60 mines in the near future. The aim is to auction at least 20-25 mines in the next three months. Also, in the next 45 days an Exploration Policy is in the offing, in which [&hel…
MSME Minister Kalraj Mishra lists NDA Government’s two year achievements ( 2014-16)
Union MSME Minister Kalraj Mishra and MoS (MSME) Giriraj Singh interacted with media and listed the achievements of the Ministry in last two years. Mishra stated that one of the main changes which have been brought by him in the Ministry is transparency and accountability in implementation of Sch…
1.04 crore people benefitted from Skill India program, up 36.8% from previous year | Rajiv Pratap Rudy
As the Narendra Modi government completes two years in office, it has been reported that over 1.04 crore people have benefitted from the Skill India program – a massive 36.8% higher than the previous year, according to recorded data. “The skill training and development ecosystem has s…
Amazon Prime to roll out in India in June
Amazon will debut its membership Prime service in India next month, says a tech blog that has obtained the information by looking at the source code of the Amazon India website. The blog, Maktech, said the source code reveals that the Prime service will have a dedicated landing page that is yet t…
Jaitley urges Japanese infra sector companies to partner India’s growth story
31 May 2016: The high powered FICCI delegation to Japan accompanying Finance Minister Arun Jaitley, participated in the NIKKEI Conference on the theme “The Future of Asia”, which was followed by a roundtable on National Investment & Infrastructure Fund (NIIF). Speaking on the topic “India’s E…
Agri Ministry to come with new National Policy on cold chain
The Ministry of Agriculture & Farmers Welfare agreed to evolve a new National Policy on Cold Chain to provide direction for the long term approach for holistic infrastructure creation in both agri and horticulture products. Making the aforesaid announcement at a National Conclave on “Strength…
Entrepreneurs from India driving innovation | Satya Nadella Microsoft CEO
Microsoft CEO Satya Nadella on May 30 said that developers and entrepreneurs from India are playing a key role in driving innovation — both in the country and outside — and the company wants to be the platform for creators in the country. Nadella, who was on a one-day trip to India, addressed stu…