Medium and small scale pharma units in India need to update themselves to survive in changing regulatory and intellectual property environment. The government through the new IPR policy and amendment to the Rules (2016) is sending out clear signals that patents will be enforced in India to protec…
Companies, Finance & Markets
SMEs form backbone of emerging economies: Indian envoy to Egypt
The Small and Medium Enterprises (SMEs) form the backbone of any country specially the emerging economies, Indian envoy to Egypt Sanjay Bhattacharyya has said on the growth of the sector. Bhattacharyya inaugurated the ‘Roundtable of Maulana Azad Center for Indian Culture’ with a semin…
Start-ups seek easier access to tax benefits
At a meeting with Commerce Minister Nirmala Sitharaman on July 28, a number of start-up enterprises asked for easier access to tax benefits and more incubation facilities, among others. The Minister later told journalists that issues such as government funding and online selling of prescription d…
eBay India claims 100 million product listings
E-commerce marketplace eBay India said shoppers can access over 100 million live product listings on eBay.in and its global easy buy platform geb.ebay.in across electronics, lifestyle, media and other categories. In comparison, Amazon.in, which has the highest percentage of shipments so far, list…
Uber brings ‘Mi Pan Malak’ scheme for taxi-auto drivers
Taxi aggregator Uber on July 28 announced the ‘Mi Pan Malak’ scheme to encourage taxi and auto drivers across the megapolis to join its platform. Under the scheme, the drivers can avail of offers and services through Uber’s partnerships with leading financial institutions and car manufacturers wi…
Coir Board bullish on export potential
Given the export growth rate in value-added products of coir, the crisis-ridden coconut sector can look to the coir segment for additional returns. Coir Board Chairman CP Radhakrishnan said that the rise in exports of value-added products such as coir geo-textiles and pith in the last fiscal year…
The digital content economy is poised to see the exponential growth: FICCI
Senior executives from the India’s motion picture and digital industries concluded that accessibility; affordability, quality content and online content protection will be the key drivers to sustain growth in India’s digital economy. Fast Track India: Bolstering Growth in the Digital Content Econ…
Govt allows 74 per cent FDI in pharma sector
FDI in Brownfield pharma sector has been permitted upto 74% under automatic route; and FDI beyond 74% and upto 100% is allowed under Government approval route The move to permit 74% FDI under automatic route in Brownfield pharmaceutical sector is aimed at attracting required capital, internationa…
BRICS meet in Agra to discuss pacts on MSME, services
BRICS countries – Brazil, Russia, India, China and South Africa – will try to thrash out an agreement on cooperation amongst Micro, Small, and Medium Enterprises (MSMEs) and a pact on services, including facilitation of business visas, in a meeting of senior officials in Agra this week. “Official…
Suvidhaa Infoserve ties up with Indifi Tech for easy loan processing for SMEs
Indifi Technologies, an enabler for SME funding in India, has partnered with Mumbai based business correspondent Suvidhaa Infoserve , in order to facilitate easy credit for Suvidhaa’s retailers. This tie up is expected to meet the credit needs of Suvidhaa’s more than 90,000 retail age…