UP Khadi & Gramudyog department preparing made-in-UP brand logo; On-boarding e-Commerce giants for global spread of state’s Khadi products
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Tag: Amazon
‘Another industry Amazon plans to crush is small-business lending’
Amazon will mark its 22nd year in business this summer. During this period, the e-commerce site has transformed retail. Today it announced the purchase of Whole Foods for $13.7 billion. The company took advantage of technology, used an aggressive growth strategy and disrupted the entire ind…
Harsimrat Kaur Badal takes up high GST rate on pickles, papad with FM
Union Food Processing Minister Harsimrat Kaur Badal has taken up with the Finance Ministry the issue of high GST rate proposed on some products like pickles, murabba and papad and sought a review of the same. The Minister has also forwarded Coca-Cola India’s demand not to include fizzy drin…
Haryana to unveil MSME policy soon: Vipul Goel
Panchkula: The Haryana government is in talks with global e-commerce players such as Amazon and Alibaba to support micro small and medium enterprises in the state, a Minister said. The state government will soon unveil its MSME policy, the draft of which has already been prepared, state Industrie…
India has over 50 m SMBs, so why isn’t there an established player yet?
In India, the retail and e-Commerce industry may not be as established as it is in the west, but numerous tech-driven disruptors are taking steps to offer improved choices at lower prices and with more convenience to Indian online shoppers. India is a booming startup destination and is home to ma…
Small e-Comm vendors will have to pay GST upfront
New Delhi: Budget hotels and small-scale vendors registered on e-Commerce sites such as Airbnb, Flipkart and Amazon will have to pay tax upfront under the goods and services tax (GST) regime when they receive payments, even if they fall in the exempted category. That’s because all vendors r…
With the latest approval from Cabinet, govt shows continued support to Startup India plan
Start-ups that qualify under the Startup India plan will now get an added boost from the central government as the Union Cabinet approves the Commerce Ministry’s proposal of Alternative Investment Funds (AIFs) funding at least twice the amount as that of the Fund of Funds for Start-ups (FFS) – wh…
Our special area of focus is traditionally underserved micro-entrepreneurs: Capital Float
In a long chat with Rohan Angrish, CTO, Capital Float, here is an understanding of how their online platform reduces the hassles associated with processing working capital requirements for SMEs in India. Edited excerpts: Q: Please tell us about your organization and how it plans to address financ…
Resilience: The seed that start-ups can grow from
There are many companies selling “snake oil” that promise you a startup success formula. Unsurprisingly, there is a huge demand for it, given that hundreds of thousands of companies are looking for shortcuts to achieve the perfect startup success story. You might feel that things are moving slow …
Even successful start-ups modelled on Western businesses: Can India innovate?
India is the top region for innovation in Asia, as per a recent report. This might seem like excellent news, till we ask how much of this innovation is truly Indian? According to the Patent Office, over 70% of the patents filed in the country are by MNCs. Indian companies and academia share the r…