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    Tata group set to launch India's first low-cost COVID-19 test

    The Tata group said it had received approval from the Drug Controller General of India (DCGI) for the commercial launch of Feluda, the country's first CRISPR COVID-19 test.This test uses the indigenously developed India's first Clustered Regularly Interspaced Short Palindromic Repeats technology for the detection of the genomic sequence of SARS-CoV-2 virus that causes the COVID-19...

    • 13 min ago
  • SMBStory

    Karnataka's new industrial policy to push mobile production in state to create 1.2 lakh jobs by 2023: ICEA

    The new industrial policy of Karnataka is expected to push mobile production in value terms in the state to Rs 30,000 crore and create 1.2 lakh jobs by 2023, mobile handset and electronics body ICEA said on Sunday.In August, Karnataka announced its New Industrial Policy (NIP) 2020-25 which has a provision to incentivise mobile...

    • 45 min ago
  • Your Story

    CII survey reveals recovery in India Inc's business sentiment in July-September quarter

    India Inc's business sentiment has improved during the July-September quarter as the government gradually unlocked the economy and business activity resumed, according to the CII's business outlook survey.The latest CII Business Confidence Index has surged to the level of 50.3 in July-September 2020, bouncing back from its lowest reading of 41.0 recorded in...

    • 3 hrs ago
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    EPFO records 8.45 lakh new enrolments in July

    Net new enrolments with retirement fund body EPFO rose to 8.45 lakh in July from 4.82 lakh in June 2020, according to its latest payroll data, providing a perspective on employment in the formal sector amid the COVID-19 crisis.Provisional payroll data released by the EPFO last month had shown that net new enrolments stood at 6.55 lakh in June this year. The figure has now been revised down to...

    • 4 hrs ago
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    Leveraging AI and ML, this woman entrepreneur is helping companies make data-driven recommendations

    Entrepreneur Sudeshna Datta believes that while a lot of people are talking about Artificial Intelligence (AI), only a few are making the best use of the technology.“Industries had a problem in getting actionable insights to navigate through everyday business challenges while retaining a competitive edge. We saw AI as the solution and...

    • 6 hrs ago
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    How Raisin became a Rs 20 Cr fusion ethnic wear brand in 2 years

    There may be a proliferation of apparel brands in the market, but that doesn’t stop new ones from making an appearance. But not many make a mark and stand out. Enter Raisin, a contemporary fusion fashion brand that aims to offer women the perfect mix of comfort and style. Launched in 2018, the brand has deployed a phygital strategy to reach out to more consumers across India....

    • 6 hrs ago
  • Your Story

    TikTok Global gets Oracle and Walmart as minority investors; India future still uncertain

    TikTok has found a new home in enterprise software giant Oracle, which along with Walmart, will acquire a 20 percent stake in the newly-created TikTok Global. Oracle and Walmart have the rights to buy 12.5 percent and 7.5 percent, respectively under an agreement that has won the "blessings" of US President Donald Trump. The ByteDance-owned short...

    • 7 hrs ago
  • Your Story

    Paytm locks horns with Google over 'arm-twisting and arbitrary policies' after app suspension

    Fintech giant Paytm on Sunday struck back at Google's suspension of its app on the Play Store saying it was not in violation of the global tech giant's policies, and pointed to the fact that Google Pay had similar cashback offers.The blog post, which outlined the events that led to the ban, said in effect that the incident was not unheard of before, and...

    • 15 hrs ago
  • Your Story

    Parliamentary Panel for removal of LTCG on investments into startups

    The Indian startup ecosystem can look forward towards a more conducive funding climate as a Parliamentary Panel on Finance is in favour for the removal of Long Term Capital Gains (LTCG) tax on investments made into startups.The Standing Committee on Finance, chaired by former Union Minister of State for Finance Jayant Sinha, has strongly recommended the abolishing of this tax on...

    • 16 hrs ago
  • Your Story

    MeitY announces AI Solution Challenge to showcase innovations of Indian tech startups

    Artificial intelligence (AI) driven technology startups in India can now showcase their innovative solutions in various fields such as healthcare, education, agriculture, and more, through a new challenge initiated by the government.In order to promote and showcase such innovative AI solutions developed by entrepreneurs, an AI Solution Challenge is being...

    • 24 hrs ago