News: Defence ministry is expected to sign an agreement with US government to  assemble 145 BAE Systems M777 155mm/39mm calibre lightweight howitzers in India. The deal is estimated to be worth $700 million. The M777 gun is a lightweight howitzer which can be carried via a sling on the Chinook helicopters. ...

News: The revamped Public Procurement Bill, 2015, drops a key provision that made it applicable only to transactions above Rs 50 lakh. Background:  The Public Procurement Bill, 2012, – “to regulate public procurement with the objectives of ensuring transparency, accountability and probity in the procurement process, fair and equitable treatment of ...

News: The government opened up 15 sectors  in a bid to push up reforms, allowing 100% FDI in sectors such as completed construction projects, some plantation sectors, cable networks, direct-to-home (DTH) services and some air transport activities. Details: Upto 49% FDI will now be allowed in the defence sector under ...

Author: Vinay Solanki IOT is trending these days, everyone is talking about it and everyone wants to talk about it, gradually the concept of Internet of Things is getting replaced byInternet of Everything. Smart cities, smart homes, industrial internet, smart cars, etc. all are discussed in different forums, conferences, roadshows, ...

Vinay Solanki Remittance (Person to Person and Person to Bank transfers) and prepaid mobile recharges were assumed to be top products by transaction volume used by Africans.  This is although somewhat true, I realized that mobile money is not just a product but it is the way of life for Africans, where you ...

1. Soteria Solutions Entreprenuers : Sagar & Tarang Idea A group of enthusiasts, budding entrepreneurs trying to make a deep social difference. Refurbished technology like smartphones are used to build products in the IOT field. The first product, Novis2, is a state of the art wireless digital IP surveillance system based on old ...

News: Government of India is leveraging the research potential of the Indian Institutes of Technology (IITs) to meet industry demands for innovative solutions for the “Make in India” initiative. It has created a corpus of Rs 250 crore annually with an aim of giving an impetus to the ‘Make In ...

News: Railways have set up 1 megawatt solar power plant at Katra station as part of Green Power initiative. The solar project was commissioned in March this year and presently, out of 5,000 units produced daily by the plant, only 1,700 to 1,800 units are utilized by Shri Mata Vaishno ...

Registration rules vary for businesses depending on the nature of the company. According to New Companies Act of 2013, an entrepreneur can form two types of companies i.e. Private Company and Public Company. Guidelines for Pvt. Ltd company- Minimum two shareholders are necessary Two directors required The Company’s Act restricts ...

Other than Private and Public Companies, there are Sole Proprietorship and Partnership firms as well.  Procedure to register a Sole Proprietorship firm: For Sole Proprietorship, there is no mandated rule as such but the owner may be required to attain a license specific to the mode of business from local ...