Coming June, weavers in Prime Minister Narendra Modi’s constituency Varanasi will be taught skills like photography, marketing, packaging and inventory control so that they can sell products directly through e-commerce , as part of a pilot programme. “We are going to do a pilot projec…
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IndoStar Capital Finance to focus on SME lending, eyes Rs 1,200-crore loan book
With a CAGR of 49 per cent in assets growth, NBFC IndoStar Capital Finance is looking to ramp up SME lending this year and grow its loan book five-times to Rs 1,200 crore. “We plan to ramp up our SME business this year and build an AUM of Rs 1,200 crore by geographical expansion. We [&helli…
HDFC Bank begins SmartUp for start-ups in Kolkata
HDFC Bank Ltd on May 13 launched SmartUp, a first-of-its-kind dedicated solution for start-ups in Kolkata. SmartUp is HDFC Bank’s tailored solution to meet all the banking requirements of start-ups, and offers banking and payment solutions, along with advisory and forex services. Launched in asso…
C-Zentrix to endorse prestigious #ITForParivaran for MSME’s digital revolution
C-Zentrix, global leader in software products for contact center and enterprise level applications for voice and data announces its participation at the #ITForParivaran – Stakeholders Summit 2016 convened by AIM-IT. In view of the largely digital, Ministry of Shipping, Road Transport and Highways…
e-Commerce, tech start-ups seen creating 23% more jobs by Sept | Report
The e-commerce and tech start-ups domain will see 23.6 per cent growth in jobs between April and September this year, according to the Teamlease Employment Outlook Report. This is followed by the retail sector, which is set to generate 14.4 per cent more jobs over six months. The e-commerce secto…
NASSCOM says IPR policy welcome step for IT industry & startups
The software industry body National Association of Software and Services Companies (Nasscom) welcomed the National intellectual property rights policy, which was approved by the Cabinet on May 13. Nasscom said it “applauds it (policy) for encompassing the entire value chain spanning across …
Cabinet okays IPR policy to ‘push creativity, innovation, entrepreneurs’
The Cabinet has approved the national Intellectual Property Rights (IPR) policy with a view to promoting creativity, innovation and entrepreneurship. The aim is to create awareness about economic, social and cultural benefits of IPRs among all sections of society, Finance Minister Arun Jaitley on…
MSMEs have vital role in success of Make in India | RBI Bengaluru GM
The strengthening of MSMEs (Micro, Small and Medium Enterprises) is vital to ‘Make in India’ programme a success, said N Gopal, General Manager, RBI, Bengaluru. Inaugurating an MSME meet, organised by RBI in Mangaluru on May 14, he said there is a need to handhold MSMEs as they have the potential…
Start-ups to join Google class in June
Google announced on May 11, six Indian start-ups would join its Launchpad Accelerator at the tech giant headquarters at Silicon Valley in California in June. This would be the second class of Indian start-ups. They will join 18 promising new companies from Brazil, Indonesia and Mexico. The two-we…
Indian Angel Network tops list of start-up funders
Seed and early-stage funding by angel investors has been the lifeline to entrepreneurs to start their ventures. And, leading the list of top 10 angel investors is Indian Angel Network (IAN), an early mover in the sector. Since January 1, 2011, IAN has done 61 investments followed by Mumbai Angels…