NITI Aayog invites nominations for Women Transforming India Awards

NITI Aayog, the premier think tank of the Government of India, has launched the Fourth Edition of Women Transforming India (WTI) Awards, in collaboration with the United Nations in New Delhi today. UN Resident Coordinator in India, Ms. Renata Lok-Dessallien, opened the nomination process for WTI Awards 2019, in the presence of CEO NITI Aayog, … Read more

Gadkari, MSMEs complain of poor disbursal under 59-minute loan scheme

NEW DELHI: Micro, small and medium enterprises (MSME) minister Nitin Gadkari and small businesses on Tuesday complained about the 59-minute loan scheme being slow in disbursing loan, while asking FM Nirmala Sitharaman to ensure that their dues from the government are cleared expeditiously. Gadkari flagged both the concerns during a meeting convened by FM as part of a series … Read more

Hedge funds make a comeback in India; bet on 25 start-ups this year

Deal volumes similar to 2014, half of 2015, and thrice the deal volume in 2016 and 2018 Hedge funds, which led the start-up funding boom in 2015, are making a comeback, after taking a pause for a few years. And, it is not just Tiger Global, which has invested in 15 start-ups this year. Many … Read more

स्टीलबर्ड कंपनी काश्मीरमध्ये फॅक्ट्री उघडणार

नवी दल्लीः जम्मू-काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ३७० रद्द करण्याचा निर्णय केंद्र सरकारने घेतल्यानंतर देशभरातून या निर्णयाचे स्वागत करण्यात येत आहे. या निर्णयानंतर जम्मू-काश्मीरमध्ये जमीन खरेदी करण्याला, व्यापार करण्याला इतर राज्यातील लोकांना परवानगी मिळणार आहे. आशियातील सर्वात मोठी हेल्मेट कंपनी स्टीलबर्ड हायटेकने जम्मू-काश्मीरमध्ये कारखाना उघडण्याची इच्छा बोलून दाखवली आहे. स्टीलबर्ड कंपनीने सरकारच्या या निर्णयाचे स्वागत … Read more

काश्मीरमध्ये मिळणार गुंतवणुकीची संधी, बांधकाम व्यवसायिक उत्सूक

जम्मू काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ‘३५ ए’ आणि ‘३७०’ हटविल्यानंतर बांधकाम क्षेत्रातील कंपन्या आता तेथे गुंतवणुकीसाठी संधी शोधत आहेत. त्याचमुळे देशातील रिअल इस्टेट क्षेत्रात कमालीचे उत्साहाचे वातावरण पसरले आहे जम्मू काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ‘३५ ए’ आणि ‘३७०’ हटविल्यानंतर बांधकाम क्षेत्रातील कंपन्या आता तेथे गुंतवणुकीसाठी संधी शोधत आहेत. त्याचमुळे देशातील रिअल … Read more

Govt softens stance on time frame for transition to electric vehicles

The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively The government seems to have softened its stance on the time frame for transition to electric vehicles (EVs). The Ministry of Heavy Industries, the Ministry of Road Transport … Read more

India readies plan for $4 billion Tesla-scale battery storage plants

India will need 6 gigawatt-scale plants of 10GWh each by 2025 and 12 by 2030 Apart from EVs, such battery storages will cater to the consumer electronics industry and electricity grids, given the intermittent nature of electricity from clean energy sources New Delhi: India is putting the final shape on a plan to build at … Read more

Cash-strapped developers offer barter deals to construction firms

Builders offer unfinished apartments instead of cash to contractors as liquidity crunch hurts both parties Paradigm Realty has accepted 160 flats instead of cash in Zenith Residences project, Thane MUMBAI: Barter is back in fashion in real estate as cash-strapped developers offer unfinished apartments instead of cash payment to their construction contractors, as a prolonged … Read more

Postal dept decides to convert India Post Payments Bank to a SFB

India Post will partner with Common Service Centre to provide a suite of citizen centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices The postal department said it has decided to convert the India Post Payments Bank into a small finance bank, enabling it to offer small loans … Read more

LUB apprises Dr A K Panda about challenges faced by MSMEs in Chhattisgarh; demands testing room facility

New Delhi, July 30 (KNN) Laghu Udhyog Bharti (LUB) from Chhattisgarh region have demanded a testing room facility from Ministry of Micro, Small and Medium Enterprises (MSMEs) for tool rooms in their region. In a recent meeting with Dr Arun Kumar Panda, MSME Secretary, during his Chhattisgarh visit at Circuit House in Durg, delegation of … Read more