Entrepreneur India: Page 2

News and Trends

Leading Financial Inclusion for MSMEs Through Innovation and Technology: Niyogin Fintech

The conversation delved into the company's dynamic growth trajectory, innovative approaches, ambitious plans, and how it addresses the needs of underserved MSMEs

News and Trends

Government Advances IndiaAI Mission with INR 10,000 Crore GPU Procurement Tender

An amount of INR 5,000 crore has been allocated specifically for creating compute infrastructure, a vital component of the IndiaAI mission.

News and Trends

Amazon India Acquires Prime Land for Hyperscale Data Centre in Mumbai Worth INR 450 Crore: Report

Last year, the company secured a four-acre land parcel in Mumbai's Powai suburb from Larsen & Toubro (L&T) through an 18-year lease, committing to INR 562 crore in rental payments.

News and Trends

JSW Group Charges Ambitions with New EV Brand Launch in India

While specific details about upcoming models remain under wraps, the move signals JSW's entry into a competitive sector dominated by established players such as Tata Motors, Mahindra, and Hyundai.

News and Trends

Streamlining Auto Industry Taxation: SIAM

Focusing on the evolving taxation landscape of the auto industry, experts and policymakers discussed key issues, including GST simplification, customs valuation, transfer pricing alignment, and the adoption of digital transformation for ease of doing business.

News and Trends

Cooperatives Sector to Create 55 Million Jobs and 10% GDP Contribution by 2030

Data from the Indian Cooperative Movement report published in 2018 highlights that direct employment generated by cooperatives grew from 1.2 million in 2007-08 to 5.8 million in 2016-17, marking a compound annual growth rate (CAGR) of 18.9 per cent.

News and Trends

Reinventing Legacy: Godrej Enterprises Group Reveals New Brand Identity

Central to this transformation is a striking purple palette, chosen for its dynamism and confidence, replacing the previous tri color scheme to unify GEG's diverse businesses under a cohesive identity. While the iconic cursive logo—rooted in founder Pirojsha Godrej's signature—remains a testament to the brand's heritage.

News and Trends

India's 5G Rollout to Reach 970 Million Subscriptions by 2030: Ericsson Report

By the end of 2024, 5G subscriptions in India are projected to surpass 270 million, representing 23 per cent of total mobile subscriptions in the region.

News and Trends

Navigating the Energy Conundrum: A Strategic Imperative for MSMEs

This financial pressure restricts MSMEs from adopting advanced technologies or scaling their operations, ultimately affecting their market position and competitiveness. In response to this pressing challenge, MSMEs can explore several strategies to enhance energy efficiency and reduce costs.

News and Trends

Government Greenlights INR 3,689 Crore Hydropower Projects in Arunachal Pradesh

The Heo project will receive INR 127.28 crore in budgetary support for infrastructure development and INR 130.43 crore towards the state's equity contribution.

News and Trends

99% of Businesses Track Sustainability, But Only 13% Use Data Strategically: Report

Only 34 per cent of Indian businesses leverage IT to reduce environmental impacts. While 76 per cent of organizations monitor energy use with AI, they can go further by using AI for scenario planning and climate risk mitigation.

News and Trends

India's PC Market Clocks Record Growth In 3Q24

India's PC market shipped an all-time high of 4.49 million units in 3Q24, according to IDC

News and Trends

Hindustan Unilever to Demerge Ice Cream Business into Independent Listed Entity

The demerger will establish the new company as a leading listed ice cream entity in India, enabling it to operate with focused management and greater strategic flexibility.

News and Trends

BSNL Narrows Loss, Targets INR 35,960 Crore Revenue by FY28

BSNL's consumer mobility business, which includes cellular services, saw a modest two per cent YoY revenue growth to INR 3,473.5 crore. However, revenue from cellular services specifically fell 6.6 per cent YoY to INR 2,522 crore due to delays in rolling out 4G services nationwide.

News and Trends

Navigating the Road of Taxation: MSME Edition

While steps like GST and digital tax systems have eased some burdens, MSMEs still face significant challenges in navigating India's tax regime. Simplified processes, targeted tax relief, and technological empowerment are key to unlocking their potential.