Search Result for : Startup India Stand Up India

Sharath Chowdary | The Dollar Business With the recently launched Information and Communication Technology (ICT) policy, Telangana Government aims to double the current IT exports of Rs. 68,232 crore and attract $3 billion (approximately Rs 19,960 crore) investments into the state over the next five years, Telangana IT Secretary Jayesh Ranjan told The Dollar Business during a Startup Summit organised by the Internet and Mobile Association of India (IAMAI) and supported by Google. “Along with ICT policy, the State Government has unveiled four other subsidiary policies to support innovation, gaming and animation, rural tech centres and growth of electronics for making Telangana as the most preferred IT destination in the country. The Government has also set a target to double the current employment ...

The Dollar Business Bureau Global software firm Oracle announced $400 million investment in India for setting up a technology hub in Bengaluru. The IT major also plans to open nine incubation centers to mentor startups in the country. Ahead of unveiling Oracle CloudWorld Mumbai, the company on Wednesday announced the launch of its new service Oracle Cloud at Customer to offer easy transitioning of business critical applications to cloud. Shailender Kumar, Managing Director of Oracle India said, “Oracle Cloud at Customer supports control over data, while facilitating data sovereignty and data residency requirements. This will be a game changer for us in India. The Indian market for cloud adoption is growing at 20 per cent but we have been growing 100 per ...

The Dollar Business Bureau Prime Minister Narendra Modi launched the ‘Stand Up India’ initiative on Tuesday in Noida to encourage entrepreneurship among women, Scheduled Caste (SC), Scheduled Tribe (ST) communities, by facilitating loans for them ranging from Rs.10 lakh to Rs.1 crore. Under the initiative, the target is to create 2.5 lakh entrepreneurs all over the country, in which, 1.25 lakh branches of banks will provide loans of up to Rs.1 crore to the SC & ST communities and women. Each bank branch will have to give two loans for setting up a new enterprise, without any collateral. The Stand Up India initiative is aimed to empower every citizen of India and make them capable of standing on their feet. “For the ...

The Dollar Business Bureau Following its earlier commitments to catalyse a conducive environment for the startup companies in India, the government on Thursday launched Startup India portal and Mobile app, in line with the Startup India Action Plan put forth by Prime Minister Narendra Modi earlier this year. Modi had officially unveiled the Startup India programme on January 16 this year and had said he would soon introduce a Startup India Action Plan, envisaged to encourage innovative startups. The Department of Industrial Policy & Promotion (DIPP) Secretary Ramesh Abhishek launched the portal and the app in New Delhi on Thursday. The portal and the app are designed to work as a one-stop solution for Startup-related information, which will have regular updates on circulars issued ...

Source: PTI Indian Prime Minister Narendra Modi will make a series of “very important” announcements to promote start-ups in the country in December, said Minister of State for Finance Jayant Sinha in New Delhi on Saturday. In his Independence Day speech, Modi had announced a new campaign ‘Start-up India; Stand up India’ to promote bank financing for start ups and offer incentives to boost entrepreneurship and job creation in the country. “... in early to mid-December the Prime Minister is going to make a series of very important announcements on Startup India where we will bring together the work that we are doing and make some important announcements about how we are going to take forward India's entrepreneurial ecosystem,” Sinha said. ...