Internet domain registrar and web hosting company, GoDaddy is betting big on the small and medium businesses in India. The company intends to enhance the online presence of over 51 million SMBs in the country by offering them its hosting solutions. GoDaddy will launch a new Business Hosting, a so…
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Start-ups will be the force multiplier to catapult country into a $10 t economy by 2030: iSpirt
India, which is in the midst of a startup boom, is ready to retake its place as a top five global economy by 2030, when its gross domestic product will cross $10 trillion. Sanjay Anandram, Advisor at iSpirt, a think tank for the Indian software products industry, said India is optimising to empow…
e-Way bill process in GST a dampener for business: Tally Solutions
Terming the procedure to create e-Way Bill under the goods and services tax (GST) cumbersome, Tally Solutions Pvt Ltd has expressed concerns about multi-layer declaration of details and verification during the process, which it feels may defeat the core design of GST. “While the proposed e-…
Startup India Summit in UAE showcases technological prowess of India’s entrepreneurs
There was considerable excitement among the participants as the first Startup India Summit kickstarted in the United Arab Emirates. It provided a glimpse of some of the technological achievements of India’s younger generation of entrepreneurs. While opening the event, Navdeep Singh Suri, Indian …
How GST will reshape Indian start-up industry?
July 1, 2017 will be regarded as the ‘Red Letter Day’ in the history of India for the much awaited legislative reform, Goods and Services Tax (GST) will come into effect. Touted as the biggest legislative reform since Independence, the legislation has initially created apprehension in the minds o…
Startup Bootcamp India to help aspiring entrepreneurs grow their businesses
About 70% of India’s population lives in rural areas, which makes access to higher education, healthcare, or even running water difficult to come by, yet it is a country booming with entrepreneurial zeal. It is a combination of ingenious resourcefulness along with a strong sense of community and …
Local defence manufacturing gets a boost, Cabinet approves strategic partnership model
New Delhi: The Union Cabinet has approved the much-awaited strategic partnership model which will allow local private sector companies to form manufacturing joint ventures with foreign defence equipment makers—a shot in the arm for the government’s ‘Make in India’ programme as well as efforts by …
RBI’s trade receivables system to help MSME sector
While the government is prodding the micro, small and medium enterprise (MSME) sector to drive the economy to its next phase of growth and job creation, the entire sector is grappling with challenges of getting their payments on time. Big corporates, which usually source a part of their products …
GST: New tax reform to draw Indian businesses into digital economy
New Delhi: India’s biggest tax reform in history is also set to make its small-to-medium businesses more transparent. On 1 July, as India rolls out its landmark national sales tax, businesses that make less than Rs 100 million—which the government refers to as micro, small and medium enterprises—…
Bengaluru prime destination for IoT start-ups in India: Zinnov
Bengaluru has emerged as the prime destination for IoT (Internet of Things) start-ups to set up base, as it accounts for 52 per cent of the total IoT start-ups in India, a study by Management Consulting firm Zinnov said. Bengaluru is followed by Delhi NCR with 12 per cent, Mumbai 11 per cent, Hy…