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A good number of joint ventures and partnerships are going to happen between Indians and delegates from 65 countries that were at the Entrepreneurs Organization's (EO) Singapore conference held this week. "This conference has helped members from India share their thoughts and ideas and take back potential partnerships for developing programmes and services in India," said Pankaj Yadava, Chief Product Officer of the EO, a not-for-profit organisation out of the US with a global network of 19,000 members. The market knowledge sharing conference was held on 22-24 April 2024 in Singapore and an award for student entrepreneurs was held on Thursday, which was a follow-up to the one held in Bhopal in early April, according to Yadava. There were a lot of exchanges of ideas and practices as well as market ground realities at the conference attended by 1,800 delegates from 65 countries, including 143 EO members from India. There are entrepreneurs keen on working in India but face the challeng
Complimenting the Indian entrepreneurs as among the best in the world, a top CEO of a South African global company has said India and South Africa are at the forefront of digital transformation and jointly harnessing the power of technology. Phuti Mahanyele, CEO of Naspers South Africa, a global technology investment group, which has huge investments in India as well, was speaking at an event on Friday evening. The event organised to present awards to ten women in different fields on International Women's Day was jointly hosted by the Consulate General of India, the India Business Forum, and the Johannesburg Indian Women's Association, an organisation of spouses of Indian diplomats and expats working in South Africa, which engages in charitable projects. We believe that Indian entrepreneurs are among the best in the world, with exceptional ability to build products at scale and at value, Mahanyele said, adding that she had observed during a visit to Delhi in November last year how
An increase in income tax exemption limits, support to women entrepreneurs, a long-term taxation policy and steps to boost consumption and savings are among the expectations of experts from the interim budget which will be presented by Union Finance Minister Nirmala Sitharaman on February 1 ahead of Lok Sabha elections. They also demand for parity in taxation among companies, partnerships and limited liability partnerships. "This is going to be an interim budget but at least there may be some indications of full-budget benefits. There may be some concession to be offered to individual taxpayers under section 87A under which the overall tax exemption limit may be increased to Rs 8 lakh from now Rs 7 lakh, inclusive of rebates," All India Federation of Tax Practitioners national president Narayan Jain said. Bharat Chamber of Commerce president N G Khaitan said there is a need for a long-term taxation policy and parity in taxation among companies, partnerships and limited liability ...
Entrepreneurship development centres (EDCs) will be established in over 100 government-run skill training institutes in the Northeast to provide the youth with mentoring and handholding support, and assist them in developing financial linkages, a release said on Saturday. The Indian Institute of Entrepreneurship (IIE) has been assigned the responsibility of establishing these centres in all 104 government Industrial Training Institutes (ITIs) and three National Skill Training Institutes (NSTIs) in the eight states of the region. The project is under the flagship central scheme 'Skill Strengthening for Industrial Value Enhancement' (STRIVE), being implemented by the Ministry of Skill Development and Entrepreneurship. The project is aimed at creating a pool of 107 trained mentors who shall operate from the ITIs and NSTIs and act as 'change agents' to drive the entrepreneurial movement among the youth, the release said. It is targeting 29,500 enrolled students of ITIs and NSTIs from .
More and more Indian entrepreneurs from Europe and the United States are heading back to India where the economy is growing and opportunities are large, Saurabh Srivastava, the former NASSCOM chairman, has said. Today, more and more Indian entrepreneurs are heading back to India from Europe and the US have achieved success in those markets, Srivastava, the co-founder of the National Association of Software and Services Company (NASSCOM), said on the sidelines of Singapore Fintech Festival from November 15-17 here. This is because the economy is growing and the opportunities are large and the government is very focused on entrepreneurs. Srivastava said he wants to see the Indian economy growing at double-digit though it is stable at the current 6.5 per cent growth. Given the large 1.4 billion population, India should have a million startups to drive the economic growth, said the Padma Shree Awardee, who has funded about 150 startups. Indians are among the most inspirational people