Indian startup ecosystem recovering faster, 4 new unicorns in lockdown: Report
The report stated that 75% of startups are gradually recovering post lockdown.
DPIIT working on credit guarantee, seed fund schemes for startups
The government had launched Startup India Action Plan in January 2016 to pr...
Govt to announce results of first edition of National Startup Awards on October 6
The first edition of the awards invited applications across...
34K startups gave direct employment to 4.2L: Government data
The 4.2 lakh count is a significant increase from the 1.9 lakh such jobs startups created in 2016.
Govt to release states' startup ecosystem ranking Friday
An Evaluation Committee comprising independent experts from the startup ecosystem, carried out a detailed assessment of responses across various parameters.
Goyal asks startups to come up with holistic paper on issues related to ESOPs
He suggested that all "sunicorns and unicorns" may sell one per cent of their equity and create a pool of capital to support young people coming out with new ideas and "demonstrate your commitment to support new businesses with Indian capital"
DPIIT, revenue dept weigh options for more tax relaxations to startups: Official
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that they will be submitting a comprehensive vision document for startups to the Cabinet, which has proposed series of steps.
DPIIT to seek nod for startup credit scheme, seed fund
Since the launch of the Startup India initiative on January 16, 2016, the DPIIT has recognised 28,979 startups as of March 1, 2020. Of these, 27,137 startups employed around 337,000 people.
DPIIT shares list of 24 key sectors with ministries to work on plan to boost manufacturing
"Each ministry has been sent those sectors to identify their response. What incentives they (sectors) need, what policy tweaking is required, they (respective ministries) should do that. We have given them a preliminary action plan and the ministries will work on that. Each ministry will bring its own policy on these sectors," the commerce and industry ministry official said.
E-tailers in India begin work to list 'country of origin' labels on products
The Indian trade ministry's Department for Promotion of Industry and Internal Trade (DPIIT), which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July.
Govt insurance firms, pension funds may power Fund-of-funds
Currently, talks are on between various government agencies such as DPIIT, and industry regulators including the Insurance Regulatory and Development Authority of India and Sebi to make this a reality.
Ernst & Young, PricewaterhouseCoopers, KPMG qualify tech round for startups
The consultant will be the single node of access to line ministries for startups to pitch their ideas and as they trial-run disruptive technologies and implement pilots.
Piyush Goyal invites startups to register on public procurement portal GeM
“I invite all startups to list their products and start offering goods and services to government organisations, PSUs, state government bodies, hospitals, schools, and colleges run by the government,” Goyal said at the first edition of the National Startup Awards 2020 event.
DPIIT to seek cabinet nod for multi-modal logistics hub, 2 industrial corridors
As many as 11 such projects are being taken up and that include Delhi Mumbai Industrial Corridor (DMIC), Amritsar Kolkata Industrial Corridor (AKIC), Chennai Bengaluru Industrial Corridor (CBIC), Bengaluru Mumbai Industrial Corridor (BMIC), and Hyderabad Bengaluru Industrial Corridor (HBIC).
DPIIT calls for an inter-ministerial meet on royalty payments on August 25
Earlier, a proposal was under consideration of the government to impose some kind of limits on royalty payments in case of technology transfer or collaboration involving foreign entities either directly or indirectly through any firm in India.