Author: News Desk
Kerala bags the top performer award for the third time in the startup ranking by the Center. Chief Minister Pinarayi Vijayan said that giving this honor to the country is an assurance that the start-up sector in Kerala is moving in the right direction. The government aims to launch 15,000 startups by 2026 Telangana, Kerala, Maharashtra and Odisha are the top performing states from category A. Gujarat and Karnataka top in Developing Startup Ecosystem category The states of Tamil Nadu, Uttarakhand, Uttar Pradesh, Punjab and Assam have made it to the third tier. The startup ranking of states has been…
Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions. The decision taken at the GST Council meeting.The announcement was made by Finance Minister Nirmala Sitharaman.Packaged food to be costlier. 5% GST slab in fish, curd, paneer, honey etc 12% GST on hotel rooms above ₹ 1000 per day 5% rate for Non-ICUs with ₹ 5,000 per day 18% GST on bank checkbooks
Toyota Kirloskar Motor launched the Urban Cruiser Hyryder SUV.Toyota’s first mass-market hybrid car in India.It will be manufactured at a Toyota plant in Karnataka. The new variant to fight three challenges.Pollution, crude oil import, and rising fuel charges. The auto major considers hybrid cars as a viable option in India now.The main reason is the availability of infrastructure. Also, electric vehicles are costly
Kerala Startup Mission (KSUM) and Central University of Kerala (CUK), Kasaragod, to work together. They will explore the possibility of an Incubation Centre at the university. This will support the startup ecosystem in Kerala’s northern districts. An MoU for the same will be signed soon. An outcome of the recent Rural India Business Conclave held in Kasaragod. The proposal envisages making the labs of CUK available for startups. This will be during the initial days of startups Startups will also get mentorship from the university’s academic experts. The university also plans to conduct a study on Kerala’s startup ecosystem.
Climate Change has been one of the global pressing issues for a long time. The whole world is battling the phenomenon in various ways. Startups are also doing their bit to tackle this issue. Here are five environment-friendly Indian startups. 1. Phool.co This is India’s first biomaterial startup and a fragrance-focused wellness model. This flower recycling Kanpur-based startup was established in 2017 by engineering graduates Ankit Agarwal and Prateek Kumar. It uses floral waste to make patented natural fertiliser and charcoal-free luxurious incense merchandise. The startup claims it averts 13 tonnes of waste flowers and poisonous chemical substances from reaching…
The American Dream has always been a trending one. The majority strives to strike gold working in the United States. Here is a man who quit his job in the US to pursue his passion for agriculture. Let us explore the story of Kishore Indukuri whose dairy brand gathers Rs 65 crore per year. Born in a middle-class family, Kishore also desired to study in the US and work there. After securing graduation from the IIT Kharagpur, he completed post-graduation and PhD from Massachusetts University in polymer science engineering. Soon, he started working at Intel. After working for six years,…
Kerala Startup Mission is organizing a virtual exhibition to provide opportunity for agritech startups. An online exhibition for technology-based products and services in the agriculture sector. The program will be organized on July 6, 2022 from 6 am to 10 am. This is the 7th edition of Big Demo Day, showcasing the products and services of agritech startups to investors. Various start-ups such as Fuselage Innovations, Alcodex Technologies, Brainwired and Farmers Freshzone will present technology solutions. To participate in the virtual exhibition visit the Kerala Startup Mission website.
Tata Motors will increase the prices of its commercial vehicles in the range of 1.5 to 2.5%. It will be effective from July 1 to partially offset rising input costs. The hike will be across the range of commercial vehicles. The quantum will depend on the individual model and variant. In April, Tata Motors had hiked the prices of its passenger vehicles by 1.1%. And that of commercial vehicles by 2 – 2.5% to partially offset rising input costs.
BYJU’S says 500 employees laid off across Whitehat Jr and Toppr. The firm says it is to accelerate long-term growth. But, sacked employees claim 1,100 staff had been retrenched at Toppr. However, Toppr has not confirmed it. Meanwhile, Whitehat Jr cut down 300 employees. Whitehat Jr spokesperson said it is to realign priorities. Edtech firms Unacademy, Vedantu, Lido etc have laid off thousands of people.
Reliance Brands Limited (RBL) to foray into food & beverage retail. RBL will collaborate with Pret A Manger for the same. Pret A Manger is a British fresh food and organic coffee chain. It started in London in 1986.It offers organic coffee, sandwiches, salads and wraps. Pret A Manger currently has 550 shops globally.They are spread across 9 markets like the US, UK, Europe. RBL will open its food chain across India. The initial focus will be on major cities and travel hubs.