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January 16th, 2016 The government is working to make it easy for budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem, Union Minister Nirmala Sitharaman said at Startup India Event. "I understand that starting a startup is as much important as somebody wants to exit from it. The government is working to...
INDIA

January 14th, 2016 State Bank of India became the first public sector lender to launch wealth management service, a space dominated by private and foreign players, to cater to fast-growing affluent segment of the country. The bank also inaugurated a dedicated branch for startups which will provide advisory services to the budding...
INDIA

January 14th, 2016 SHIMLA- Himachal Pradesh will soon be the first state in India to introduce inter-state zero-emission electric buses. The Central government sanctioned Rs 35 crore for the project and the process of tender has started. We will receive funds to introduce environment friendly electric bus service. Charging stations will be set up at...
INDIA

January 10th, 2016 Asserting the government's stand on non-discriminatory access to internet, Telecom Minister Ravi Shankar Prasad on Sunday said the issue of net neutrality is being debated by Trai and its report is awaited, following which a final view will be taken. "The issue of net neutrality is being debated by the Trai (Telecom Regulatory...
INDIA

January 8th, 2016 Amitabh Kant, secretary in the Department of Industrial Policy and Promotion, was on Thursday appointed as the chief executive officer of Niti Aayog. He will take over the new job after his retirement, next month-end. The competent authority has approved the appointment of Kant, a 1980 batch IAS officer of Kerala cadre, as CEO of...
INDIA

January 6th, 2016 Taxi-hailing app Uber on Monday announced a new start-up mentorship programme in the country in partnership with Invest India called 'uberEXCHANGE'. Over the next years, Uber will host a series of six leadership talks by senior Uber executives, including from their headquarters in San Francisco, the company said in a statement. The...
INDIA

January 6th, 2016 New Delhi: Investment firm SoftBank’s founder Masayoshi Son, taxi-hailing service Uber’s founder Travis Kalanick and collaborative workspace provider WeWork’s founder Adam Neumann will attend the government’s Start-up India event next week, where Prime Minister Narendra Modi will unveil an action plan to assist early-stage...
INDIA

January 5th, 2016 Har ki Pauri and Ajmer Sharif, religious places of India are set to be the part of Digital India campaign. Very Soon the tourists and residents will be able to access free wi-fi services at those religious places, Thanks to BSNL. The state run operator will offer free Wi-Fi for first 30 minutes for consumers and then it will be...
INDIA

January 4th, 2016 New Delhi- (PTI) Calling upon automakers to develop homegrown technologies to build environment-friendly car engines under the Make in India drive, Union Minister Nitin Gadkari today said encouraging such endeavours will help them save on huge royalty costs. "Even today despite more than 90 per cent indigenisation some of our car...
INDIA

December 29th, 2015 New Delhi, (PTI) - Telecom Minister of India Mr. Ravi Shankar Prasad today said Internet subscribers may reach the 50 crore mark in the country next year. "India currently has 40 crore Internet subscribers. Earlier, I have said about the target to reach 50 crore users in two years but now it looks that the 50 crore mark is likely to be...
INDIA

December 25th, 2015 The government is funding a research project on 5G technology being undertaken by Country's premier academic institutions with an outlay of Rs. 36.51 crores, Indian Parliament was informed today. "The Department of Electronics and IT is funding a collaborative research project on 5G being undertaken by premier academic institutions...
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