S.A. Engineering College, Chennai, has set up an incubation centre for entrepreneurship development on its premises. The centre functions in association with the Ministry of Micro, Small Medium Enterprises, the Bharatiya Yuva Shakti Trust, the Confederation of Indian Industry, ITCOT, EDI, SIDCO a…
Tag: SME
Rs 22,595 crore so far initiated from Tamil Nadu’s global investors’ meet
Tamil Nadu government has said that 45 projects worth around Rs 22,595 crore has so far been initiated from the investment memoranda the government has entered with the companies in the Global Investors’ Meet, 2015. The government has taken all steps to support the companies, which signed m…
Re-imagining SME Fund Raising – The Exchange route!
One of the principal challenges of small & medium enterprises whether in India or anywhere else in the world has perennially been finance. Apart from friends and family, typically MSMEs rely heavily of private money lenders and the unorganised financial markets for their finance needs. Needle…
The football mind launches a football e Commerce portal
Rapidly growing football networking portal The Football Mind has officially launched an E- commerce section on their web portal. With an ever growing interest for the game, the Football Mind has augmented networking of football in India and the world. This integrated e-commerce portal will avail …
Uber kicks off uberAUTO service in Bhubaneswar, Coimbatore
Uber, the smartphone app that matches riders with drivers, launched uberAUTO in Bhubaneswar and Coimbatore. “Auto-rickshaws play a big part in city transport, and uberAUTO will help transform the existing transportation options by using the best-in-class technology,” a release from Ub…
OLA to make wi-fi services available across categories soon
Transportation app Ola will soon extend Wi-Fi services to users across segments including Micro, Mini and even autorickshaws. The Bengaluru-based firm currently offers in-car Wi-Fi services to users of its Prime category. Ola today announced the launch of Ola Wi-Fi that will allow users to auto c…
Fitcircle ties up with insurance brokers to reach out to their clients
Chat-based health and fitness platform FitCircle has tied up some of India’s leading insurance and health brokers including Aon, United Healthcare, MediManage and Marsh to reach out to their corporate clients. The target is to reach out to 2,000 companies over the next three years, FitCircl…
Affordable, yet advanced technology make India’s medical devices startups grab global attention
Dr Sheela CN, head of the obstetrics department at St. Johns Medical College Hospital in Bengaluru, seems pleased with a new product she’s testing to detect fetal distress during childbirth. “We are testing this device to see if it can help us (diagnose) high-risk problems during deli…
Incubators face penalty if start-ups fail innovation test
The Department of Industrial Policy and Promotion (DIPP) on March 31 said that if an incubator or funding body certifies a start-up as fit to receive government incentives without proper examination or without satisfying itself about the innovative nature of the business, it will be blacklisted f…
QCI plans to cover 26,000 MSMEs under ZED model
The Quality Council of India plans to cover 26,000 Micro, Small and Medium Enterprises in the next two years under Zero Defect Zero Effect (ZED) model of which 6,000 would be from defence sector, a senior official said today. “For two years, we have a target of 26,000 MSMEs out of which 6,0…