Paytm Launches Same-Day Bank Settlement Facility For Businesses

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Payment gateway service provider Paytm on Tuesday launched a same-day settlement facility for all kinds of fund transfers on its payment gateway to help businesses that depend on immediate availability of funds to pay down-stream partners. This includes e-commerce companies, government institutions and all businesses involving inventories, especially those involved in day-to-day trading who depend heavily on cash procurements. The feature...

Industrial Production Declines 8% In August

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Industrial production declined by 8 per cent in August, mainly due to lower output of manufacturing, mining and power generation sectors, official data showed on Monday. With the gradual relaxation of Covid-19 restrictions, there has been a relative improvement in the economic activities by varying degrees, Ministry of Statistics and Programme Implementation said in a press release. " It may...

Government Approves 16 Companies, Including Top Apple Suppliers, For $6.65-Billion Smartphone Plan

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The government on Tuesday said it was approving incentives under a plan to boost domestic smartphone production to 16 companies, including top Apple suppliers Foxconn, Wistron and Pegatron. The country's smartphone industry has become a showpiece for Prime Minister Narendra Modi's "Make In India" drive. The $6.65-billion incentive scheme is part of the government's aim to make the country...

STL strengthens global leadership team to drive the next phase of growth

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STL (NSE: STRTECH) has been driving towards building advanced solutions for digital networks. These include converged access network offerings, both for optical and wireless networks, with disaggregated software and hardware capabilities. In line with this strategic shift, the company has transformed into an Account Based Organisation with a suite of integrated end-to-end solutions. STL recently enhanced the technology leadership...

Industrial Production Contracts 10.4% In July

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Industrial production in the country shrank 10.4 per cent in July, marking a fourth straight month of decline, government data showed on Friday. That was better than economists' estimates, and also better than a contraction of 16.6 per cent in the previous month. Economists in a poll by news agency Reuters had expected the factory output to plunge 11.5...

Edutainment Startup SP Robotic Works Bags TiE50 Winner Award at TiEcon 2020

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Pioneering as India's edutainment learning platform, SP Robotic Works has been selected as a 2020 TiE50 Winner in the prestigious TiE50 Awards Program. This ten-year-old awards competition is a program of TiEcon, the world's largest conference for tech entrepreneurs. Robot Making SP Robotic Works has been recognized for its future-based learning activity in the coding and robotics education segment....

TiE Mumbai’s Online Engagements Help Startups Adapt to The New Norm

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As the coronavirus pandemic continues to challenge our life and businesses, TiE Mumbai has risen to the occasion to help Startups stay on course. Building on its commitment to empower Startups and entrepreneurs through education and knowledge sharing, TiE Mumbai has been providing entrepreneurs with the right guidance, mentorship, networking and funding opportunities through various online channels. "Despite the...

Healthians Social Campaign #SheIsNotDoingGreat Wins at Foxglove Awards, Nominated for Blue Design Awards

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Indian Healthtech startup, Healthians has been nominated for Blue Design Awards 2020 for #SheIsNotDoingGreat Campaign here - www.youtube.com/watchv=abdjVLVNYm0&t=33s, Healthians launched a hard-hitting social responsibility driven film on womens day. The film brings to light a horrific practice amongst poor female farmworkers who are pushed into getting their uteruses removed. These farmworkers are usually poor rural labourers who work in...

Why we need to talk about Death and Grieving

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Thiruvananthapuram, August, 2020: The coronavirus outbreak has put death at the forefront but conversations about grief, death or impending death are considered inauspicious in many societies. To promote a culture of speaking more openly about death and the difficult emotions accompanying grief, Pallium India is facilitating a discussion to encourage more conversations amongst families about making...

Why Not Localization..?

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We are facing an Economic crisis and may lead to a crisis of human spirit very soon. During this period of COVID -19 we can see how dependent a nation is on International trade and how we are affected for not being self sustainable. Do we really feel that the debt economy is alarming for all...