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  • Cut in coal imports may save Rs 40k crore this fiscal: Goyal

    Cut in coal imports may save Rs 40k crore this fiscal: Goyal  

    Coal India's output for this fiscal is fixed at 598 million tonnes (MT) and the government is aiming to save Rs 40,000 crore in foreign exchange on account of lower coal imports this fiscal.

    04 May 2016, 5.32 pm  |  Source: PTI

  • IFC leads Rs. 400 cr Series D funding in Lenskart for expansion

    IFC leads Rs. 400 cr Series D funding in Lenskart for expansion  

    IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-3,tier-4 cities.

    04 May 2016, 4.49 pm  |  Source: NewsVoir

  • Rs 3,000 cr per annum plan to boost nuclear power sector

    Rs 3,000 cr per annum plan to boost nuclear power sector  

    The minister said availability of financial resources, land acquisition, availability of water and supply chain of component and equipment are some major problems faced by the sector.

    04 May 2016, 4.08 pm  |  Source: PTI

  • Telecom sector sees over  $4 bn FDI in nearly two years

    Telecom sector sees over $4 bn FDI in nearly two years  

    Telecom sector attracted over USD four billion worth foreign direct investments in nearly two years since April 2014, Telecom Minister Ravi Shankar Prasad said today.

    04 May 2016, 3.20 pm  |  Source: PTI

  • 2,508 cities selected under PM`s scheme for affordable housing

    2,508 cities selected under PM's scheme for affordable housing  

    As on April 25, 2016, a total of 2,508 cities of 26 states have been identified as selected for Pradhan Mantri Awas Yojana-Housing for all (Urban) Mission," Urban Development Minister M Venkaiah Naidu said during Question Hour.

    04 May 2016, 2.32 pm  |  Source: PTI

  • Biz2Credit joins Busy Infotech to ease financing for SMEs

    Biz2Credit joins Busy Infotech to ease financing for SMEs  

    Timely funding is critical for any business, regardless of its size. Busy Infotech, in partnership with Biz2Credit, is launching BUSY Loan Finder, a digital platform to help small business owners access most suitable loan options....

    04 May 2016, 10.48 am  |  Source: PTI

  • ComMin launches web dashboard for export, import data

    ComMin launches web dashboard for export, import data  

    The Commerce Ministry today launched a web-based dashboard to provide an easy access to detailed trade data of the country.

    04 May 2016, 10.21 am  |  Source: PTI

  • Cabinet may take up flexible domestic coal use policy today

    Cabinet may take up flexible domestic coal use policy today  

    "The Union Cabinet is likely to consider and approve a proposal to provide flexibility in utilisation of domestic coal for reducing the cost of power generation, in its meeting scheduled for today," a source said.

    04 May 2016, 9.24 am  |  Source: PTI

  • Small businesses must embrace technologies to succeed: Kant

    Small businesses must embrace technologies to succeed: Kant  

    A delegation of the Confederation of All India Traders (CAIT), led by its Secretary General Praveen Khandelwal, met Kant here, a press release issued by CAIT stated.

    04 May 2016, 9.24 am  |  Source: PTI

  • Google, Fiat Chrysler to partner on self-driving minivans

    Google, Fiat Chrysler to partner on self-driving minivans  

    The deal marks the first time that Google has worked directly with an automaker "to integrate its self-driving system, including its sensors and software, into a passenger vehicle," the companies said in a statement on Tuesday.

    04 May 2016, 8.02 am  |  Source: Reuters

  • Non-financial FDI firms see 19% growth in net during FY15

    Non-financial FDI firms see 19% growth in net during FY15  

    "Net profit (Profit after Tax) growth improved to 19.7 percent in 2014-15 as compared with 11.8 percent in the previous year", RBI said.

    04 May 2016, 7.34 am  |  Source: PTI

  • India got $397 mn FDI for agri promotion in last 4 yrs

    India got $397 mn FDI for agri promotion in last 4 yrs  

    India has received foreign direct investment (FDI) of USD 397.08 million in the last four years for promotion of its agriculture sector, with maximum inflows from Mauritius followed by Singapore and Germany.

    03 May 2016, 4.46 pm  |  Source: PTI

  • Cos spent Rs 42 cr under Swachh Bharat Kosh as CSR initiative

    Cos spent Rs 42 cr under Swachh Bharat Kosh as CSR initiative  

    Companies spent over Rs 42 crore towards 'Swachh Bharat Kosh' as part of their corporate social responsibility (CSR) activities in 2014-15, Parliament was informed today.

    03 May 2016, 4.10 pm  |  Source: PTI

  • Govt prepares framework to boost hydropower projects

    Govt prepares framework to boost hydropower projects  

    Power Ministry is preparing a new framework to boost hydropower development in the country by lowering the cost and removal of long-drawn clearances, a senior official said today.

    03 May 2016, 4.00 pm  |  Source: PTI

  • Mobikwik raises $50 mn to drive expansion

    Mobikwik raises $50 mn to drive expansion  

    With about 30 million users in the country, Mobikwik is one of the biggest wallet companies in India. It competes with the likes of Paytm and PayU.

    03 May 2016, 2.40 pm  |  Source: PTI

  • Indian IT infra market to reach $1.93 bn this year: Gartner

    Indian IT infra market to reach $1.93 bn this year: Gartner   

    The IT infrastructure market includes server, storage and enterprise networking equipment

    03 May 2016, 2.10 pm  |  Source: PTI

  • Govt floats tender for funding BPOs in small towns

    Govt floats tender for funding BPOs in small towns  

    Government has invited bids from companies willing to set up call centres in small towns with financial support under India BPO Promotion Scheme.

    03 May 2016, 12.30 pm  |  Source: PTI

  • Google acquires startup founded by Indian-origin entrepreneur

    Google acquires startup founded by Indian-origin entrepreneur  

    Google has acquired a business technology start-up founded by an Indian-origin entrepreneur as part of its plans to scale training offerings for Google Apps to its customers and customers' users.

    03 May 2016, 10.44 am  |  Source: PTI

  • Delhi govt`s CMULF programme to involve youth in policy making

    Delhi govt's CMULF programme to involve youth in policy making  

    The Delhi government has decided to involve youth in policy making through Chief Minister's Urban Leadership Fellows (CMULF) Programme, under which they will be assisting senior officials in matters of governance.

    03 May 2016, 10.22 am  |  Source: PTI

  • Trainset project: Setback to Railways Make-in-India programme

    Trainset project: Setback to Railways Make-in-India programme  

    A trainset comprises coaches where each car is powered by a dedicated propulsion system and there is no locomotive required to haul the train.

    03 May 2016, 7.30 am  |  Source: PTI

  • US mfg industry seeks removal of trade, tax barriers in India

    US mfg industry seeks removal of trade, tax barriers in India  

    The National Association of Manufacturers (NAM) the largest manufacturing outfit in the US in a letter to Commerce Secretary, Penny Pritzker, and US Trade Representative, Michael Froman, has sent a list of priorities which it said...

    03 May 2016, 7.24 am  |  Source: PTI

  • FDI during Apr-Feb jumps to $37.53 bn: Nirmala

    FDI during Apr-Feb jumps to $37.53 bn: Nirmala  

    Foreign direct investment (FDI) in India increased to USD 37.53 billion during April-February period of the last fiscal, Parliament was informed today.

    02 May 2016, 4.20 pm  |  Source: PTI

  • Polycom eyes 25 pc revenue growth in India; bets on govt, SMBs

    Polycom eyes 25 pc revenue growth in India; bets on govt, SMBs  

    US-based voice and telephony gear maker Polycom is looking at deeper engagement with government and SMB verticals to drive expansion in India as it aims to grow revenues by 25 per cent this year.

    02 May 2016, 2.10 pm  |  Source: PTI

  • Jabong’s parent company Global Fashion Group secures EUR 300 mn

    Jabong’s parent company Global Fashion Group secures EUR 300 mn  

    While the German tech startup investor Rocket Internet will underwrite around 100 million euros (about Rs 760.7 crore) of the financing, it will invest around 85 million euros (about Rs 646.7 crore), including the conversion of an...

    02 May 2016, 1.36 pm  |  Source: PTI

  • E-vehicle maker Clean Motion to invest USD 10 mn in India

    E-vehicle maker Clean Motion to invest USD 10 mn in India  

    Sweden-based electric vehicle maker Clean Motion plans to invest USD 10 million (about Rs 66 crore) in India over the next three years to expand operations including setting up of an assembly unit for its Zbee three- wheelers in t...

    02 May 2016, 1.00 pm  |  Source: PTI

  • Singapore tech-heavyweights aims to raise funds from TiE

    Singapore tech-heavyweights aims to raise funds from TiE  

    Founded in 1992, TiE has a combined value creation of over USD 300 billion worldwide and now seeks greater participation in technologies for expanding economies where India is top of the list.

    02 May 2016, 12.30 pm  |  Source: PTI

  • 1001 Startup Ideas - Personal Healthcare Records Vault

    1001 Startup Ideas - Personal Healthcare Records Vault  

    The startup idea is to establish an app where people can store their health records. The app will enable a user to record all her medical history by scanning documents, and the app should be able to read that scanned documents and...

    02 May 2016, 11.27 am  |  Source: Moneycontrol.com

  • `Engaging with start-up bring in innovative manner in work`

    'Engaging with start-up bring in innovative manner in work'  

    A half of Indian executives polled are open to work with start-ups as partnering with new-age companies bring in agile and innovative methods, says a survey.

    02 May 2016, 10.53 am  |  Source: PTI

  • Zone Startups to launch accelerator for women entrepreneurs

    Zone Startups to launch accelerator for women entrepreneurs  

    Mumbai-based technology startup accelerator Zone Startups is launching a first-of-its-kind six-week programme 'empoWer' to support women entrepreneurs who are building technology ventures.

    02 May 2016, 10.48 am  |  Source: PTI

  • Odisha Skill Development Authority becomes operational

    Odisha Skill Development Authority becomes operational  

    The newly-formed Odisha Skill Development Authority (OSDA), aimed at ensuring quality skill training standards, became operational today with noted IT entrepreneur Subroto Bagchi assuming office as its head.

    02 May 2016, 10.42 am  |  Source: PTI

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