Global Start-up Workshop sheds light on MSMEs

Govt is making sincere efforts to promote MSMEs through programmes like SIDBI Make in India Soft Loan Fund for Micro Small and Medium Enterprises (SMILE), says G Sampath Kumar, General Manager, SIDBI By Sai Nikesh D In line with government’s focus over small-scale enterprises and promoting start-ups, Global Start-up Workshop (GSW) is being held in … More Global Start-up Workshop sheds light on MSMEs

‘Revival of unused airports will give a 5-fold rise to Indian Aviation industry’

Revival of 350 unused airports will give a five-fold rise to Indian Aviation industry over the next few years, said RN Choubey, Secretary, Ministry of Civil Aviation (MoCA) By Sai Nikesh D Intended to take the Aviation industry to greater heights, the Ministry of Civil Aviation, Government of India, in coordination with Federation of Indian Chambers of … More ‘Revival of unused airports will give a 5-fold rise to Indian Aviation industry’

Focused On Success

Throughout her career, Vanitha has seen ups and downs, but has learnt to pick the positive lessons from the journey, which is why she has experienced success as the Executive Director & CFO of India’s first Analytical Instrumentation company. By Sai Nikesh Having overcome hurdles and hard times, Vanitha Datla now stands tall as the … More Focused On Success

‘Union Budget largely met the expectations of ESDM sector’

The Union Budget has largely met the expectations of the Electronics Systems Design and Manufacturing (ESDM) sector with number of changes in Indirect tax structure to strengthen manufacturing of IT hardware and mobile phones, says ELCINA By Sai Nikesh D Aimed at improving electronics and related manufacturing activity in the country, the Government in its … More ‘Union Budget largely met the expectations of ESDM sector’

Budget 2016: ‘Emphasis on better port connectivity to help foreign trade’

EEPC appreciated the government’s move to implement ‘Customs Single Window Project’ at major ports and airports By Sai Nikesh D Overwhelmed by performance of major Indian ports in 2015, the Government of India has decided to enhance port infrastructure in the current Budget. This was stated by the Union Finance Minister Arun Jaitley on Monday … More Budget 2016: ‘Emphasis on better port connectivity to help foreign trade’

‘Level-playing tax policies need of the hour for MSMEs’

Execution of GST will put an end to complex taxation practices reducing transaction costs and making the system tax-payer friendly for MSMEs, says Confederation of Indian Industry By Sai Nikesh D In line with government’s initiatives aimed at improving manufacturing activity in the country, the Indian industry has been keen on promoting Micro Small and … More ‘Level-playing tax policies need of the hour for MSMEs’

Rail Budget 2016: Infra investment, port connectivity & logistic measures get all-round applause

Rail-map for improving port connectivity will surely result in ease of doing business and lower transaction costs for traders, says Engineering Export Promotion Council By Sai Nikesh D Rail Budget 2016-17, released on Thursday, got an all-round applause as a passenger-centric, infrastructure-led and employment generating budget. In specific, Railway Minister’s announcements on expansion of freight … More Rail Budget 2016: Infra investment, port connectivity & logistic measures get all-round applause

Budget 2016: EEPC eyes rupee stabilization & SMEs

At the moment, the rupee is over-valued working to the disadvantage of exporters,  says EEPC By Sai Nikesh After having witnessed the longest-ever export slowdown in 2015, the Engineering Export Promotion Council (EEPC) has come up with few recommendations to the Union government for implementation in the upcoming Union Budget 2016-17, which it feels would … More Budget 2016: EEPC eyes rupee stabilization & SMEs

In a first such move! Govt halts potash imports owing to drought concerns

This announcement is seen as the first such news by India- the world’s largest fertilizer consumer, on potash imports in years By Sai Nikesh D Concerned over decline in domestic demand driven by drought-hit scenario in the country, Government of India has reportedly taken decision to halt the imports of potash for the current year … More In a first such move! Govt halts potash imports owing to drought concerns

Oil production ‘freeze’ not to impact prices?

I would expect that till the storage tanks have no place left, the prices would remain southbound, and decline or hold, says Ashu Sagar, Secretary General, Association of Oil and Gas Operators (AOGO) of India By Sai Nikesh D Concerned over decline in oil prices driven by oversupplies globally, dominant oil producing Russia and Saudi … More Oil production ‘freeze’ not to impact prices?

Pharma industry eyes startups to spur growth

Startups should make better utilization of Biotechnology Industry Research Assistance Council (BIRAC), set up by Government of India to encourage start-ups by means of mentoring and financial support, say experts By Sai Nikesh D Aided by a large number of scientists, researchers as well as governmental measures in terms of a comprehensive intellectual property rights … More Pharma industry eyes startups to spur growth