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Showing posts with the label Satya Prakash Gupta Sterling

These 8 government schemes are making the Indian startup ecosystem robust !

  "These days we hear all around us, startup, startup, startup. It is true that this is the era of startups and it is also true that in the field of startups, in a way, India is leading the world,"   says PM Modi. Over the last few years, India has created a robust ecosystem for startups and entrepreneurs. The country is now home to the third-largest startup ecosystem in the world, according to the Economic Survey 2021-22 report released earlier this year. Over  60,000 startups  are operating in India, and the country now boasts over  100 unicorns . However, not all of them have the right resources to thrive in the ecosystem and create a strong presence.  The government in India actively supports startups and entrepreneurs by launching various programmes and initiatives to train as well as provide  financial assistance, technical support, subsidies  and other essential services to these entrepreneurs and startups to fuel their growth.  These ...

Almost 80 Startups Getting Registered Daily In India, Says DPIIT Secretary

  After the startup initiative announced by the Prime Minister in 2016, the country has become the third largest startup ecosystem in the world in six years, said the DPIIT secretary The trademark registrations are also up four-fold in the country, Jain attributed this growth to simplification of the patent and trademark registration processes Having seen the launch of more than 55K startups till date, India is home to more than 38K active startups, making it the third-largest startup ecosystem in the world after China and the US Read more :- https://inc42.com/buzz/almost-80-startups-getting-registered-daily-in-india-says-dpiit-secretary/

Is The Great Indian Startup Funding Party Coming To An End?

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  Hammered markets, increased interest rates by the Fed, unabated war – reasons enough to develop cracks in the funding ecosystem for startups  44 startups turned unicorn in 12 months of 2021 while 15 have attained this coveted status in the first three months of 2022. Many would believe that the momentum continues. But deeper analysis paints a different picture. Sample this: Ride-hailing app Ola, which was planning to get listed on the bourses this year, is now planning to raise a new round of funding at a lower valuation. This will likely be the first down round of a large Indian unicorn after the boom last year. Read more : https://www.outlookindia.com/business/is-the-great-indian-startup-funding-party-coming-to-an-end--news-189617

Noida-based edtech startup Classplus raises $70 mn in fresh funding !

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  The startup said that funds will be used to enhance the product and expand its global presence. https://www.business-standard.com/article/companies/noida-based-edtech-startup-classplus-raises-70-mn-in-fresh-funding-122032900294_1.html

Ukraine crisis offers Indian IT cos opportunities..

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  The Ukraine crisis has intensified the ongoing debate on the neutrality of technology companies. From Alphabet (parent company of Google) to Adobe; Apple to Meta, and Intel to YouTube, many big technology firms have announced plans of leaving Russia ... Read more at: https://www.deccanherald.com/business/business-news/ukraine-crisis-offers-indian-it-cos-opportunities-1090977.html

Satya Prakash Gupta Businessman observe the latest trend of Business in India

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India among top 5 economies for ease of starting new business: Global survey The Global Entrepreneurship Monitor (GEM) 2021/2022 report, unveiled at the Dubai Expo, gathered data via a survey of at least 2,000 respondents across each of 47 high, medium and low-income economies. The survey of Indian respondents, who answered questions on their entrepreneurial activity, attitudes to enterprise and view of their local entrepreneurial ecosystem, found that 82 per cent think it is easy to start a business, placing India fourth globally. As many as 83 per cent believe that there are good opportunities to start a business in their area second globally and 86 per cent believe they have the skills and knowledge to start a business fourth globally.

Virat kohli anushka sharma investing money in Blue Tribe Foods startup company !

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  प्लांट बेस्ड मीट प्रोडक्ट्स के घरेलू ब्रांड ब्लू ट्राइब ( Blue Tribe Foods) को भारत के सबसे बड़े सेलिब्रिटी पावर कपल, अनुष्का शर्मा और विराट कोहली का साथ मिला है। दोनों कंपनी में निवेशक और ब्रांड एम्बेसडर के तौर पर शामिल हुए हैं। आपको बता दें कि कि ब्लू ट्राइब फूड का हेड ऑफिस मुंबई में है और इस कंपनी की स्थापना संदीप सिंह और निक्की अरोड़ा सिंह ने की थी। बता दें कि यह पहला ब्रांड था, जिसने लोगों को उनकी जीवनशैली में बदलाव लाने की अपील करते हुए धरती को बचाने, जलवायु परिवर्तन और ग्लोबल वार्मिंग से निपटने के लिए प्लांट बेस्ड मीट को अपनाए जाने के विचार-विमर्श के साथ शुरुआत की थी। बता दें कि यह छपल खाने-पीने के शौकीन हैं। शर्मा ने एक वीडियो में कहा कि विराट और मैं महेशा इस बारे में बात करते रहते हैं कि हम आने वाली पीढ़ी के लिए कैसे बेहतर बना सकते हैं। वहीं, विराट कोहली ने कहा कि हमारे जीवन का एक पहलू है, जिसमें सबसे ज्यादा बदलाव आया है और वो है प्लांट-पॉरवर्ड डाइट (plant-forward diet) अपनाना। जिसका मतलब यह होता है कि किसी भी तरह का मांस का सेवन नहीं करना है। खाने के शौकीन लोग कभी-कभी मा...

Satya Prakash Dholakia Indian Delhi-based Diamond Businessman,He is the founder and chairman of Sterling Exports, a diamond manufacturing and exporting company.

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 At present, the import duty on cut and polished diamonds and gemstones is 7.5%. After Budget 2022, the duty will be cut down to 5%. Prices of polished diamonds, and gemstones are set to get cheaper with the government reducing the customs duty taxes, and reducing import duty in the budget. The cut was announced by Finance Minister Nirmala Sitharaman during her presentation of Budget 2022 on Tuesday.

Businesses facing over 50% losses due to Covid curbs: CAIT

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  Scores of businesses across Indian states have been hit hard by restrictions imposed in view of Covid-19. Some categories of businesses have already faced heavy losses in just a week's time. Restrictions imposed across several states due to rising Covid-19 cases have directly affected numerous businesses in the country. Sources Taken : https://www.indiatoday.in/business/story/economic-activity-hit-businesses-face-loss-covid-curbs-cait-1900979-2022-01-17