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V-Guard’s Insight-G : Premium, Slim BLDC Fans

Insight G offers cutting-edge technology coupled with brilliant aesthetics to adorn the living spaces of Indian homes. The company will introduce smart variants to cater to the diverse requirements of the next-gen consumers, says Mr Ramachandran V, Director and COO of V-Guard Industries.   V-Guard is one of India’s leading electrical, electronics and home appliances majors. The company has unveiled its premium BLDC high-speed fan, Insight-G.  The Insight-G BLDC fan is a delectable fusion of aesthetics and efficiency. The slim marvel is available in 12 colours, including an appealing wood finish, which compliments the interior décor as per the discerning taste of the consumers. The company offers a five-year warranty and a five-star rating. The fan consum...

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ICL Fincorp in larger expansion

Regional Office in Mumbai, 5 new branches ICL Fincorp opened five new branches and regional office in Mumbai on 22nd September 2023, demonstrating company's strong dedication to offering accessible and tailored financial solutions. The branches are strategically located in prominent areas of Mumbai, ensuring enhanced accessibility to various financial products and services. The expansion aims to promote financial inclusivity and address the diverse financial requirements of Mumbai's citizens. The new branches will be in Matunga, Mulund, Vasai, Borivali, and Ulhasnagar, along with a regional office. It is part of a broader expansion plan for ICL Fincorp, which includes opening 25 new branches across Mumbai during this financial year. Adv. K. G. Anilkumar, Chairman and Managing Director ...

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SC dismisses PIL against Greens Zoological

The apex Court did not find ‘any logic or basis’ concerning the allegations against GZRR The Supreme Court dismissed a public interest litigation (PIL) questioning many aspects of the zoo that was established at Jamnagar, Gujarat by the Greens Zoological Rescue and Rehabilitation Centre Society (GZRRC) which is supported by Reliance Industries.The petition, filed by an activist challenging the setting up of the zoo, sought a ban on GZRRC acquiring animals from within India and abroad as also an SIT to inquire into the operations and management of GZRRC. Transfer of animals to GZRRC from within India and aboard were questioned in the Petition. Questions were also raised in the PIL on GZRRC’s experience and capability. After GZRRC submitted its detailed response, the Court heard the matt...

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Finance Bill 2022-23

Finance Bill 2022-23, which highlights the nuances of taxes and fiscal matters approved by the Parliament according to the government proposal immediately after the budget presentation. Only after the approval from the members of the parliament, the budget proposals can be implemented. The documents contain provisions about cess and tax additions and exemptions under income tax, customs and excise . Finance-bill-2022-23Download ...

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The Economic Survey 2022

Rising exports, the overall recovery trend across all sectors of the economy and the fiscal space for spending more on infrastructure can make the economy run faster.  This is the second straight year the entire world has been passing through a pandemic. India’s position has been better than many large economies. With considerable difficulties and with timely policy support, the government could stabilize the economy. Though growth in the current financial year at an impressive rate may be because of the low base after the contraction last year, the overall performance has given fresh hope and sigh of relief to many industries.  The Indian economy has reached the pre-pandemic level, the Economic Survey 2021-22 tabled in the Parliament points out. The advance estimates suggest t...

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Government invites applications for the DLI Scheme from domestic semiconductor chip design firms.

The government has the vision to create a vibrant ecosystem for semiconductor chip design in the country. For this, the Ministry of Electronics and Information (MeitY) is seeking applications from 100 domestic companies, Startups and MSMEs under its Design Linked Incentive (DLI) Scheme. The government announced this scheme in December last year.  Under the scheme, a part of the Rs 76,000 crore package, extends financial incentives and design infrastructure support to domestic companies, Startups and MSMEs across various stages of development and deployment of semiconductor design for integrated circuits (ICs), chipsets, system on chips (SoCs), systems and IP cores and semiconductor linked design for over five years. The scheme aims to nurture at least 20 domestic companies invo...

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Chips to Start-up: Good news for engineers

The Ministry of Electronics and Information (MeitY) has also sought applications from 100 academia, R&D organisations, start-ups and MSMEs under its Chips to Startup (C2S) Programme. The Chips to Startup (C2S) Programme aims to train 85,000 high-quality and qualified engineers in the area of Very-large-scale integration (VLSI) and Embedded System Design as well as result in the development of 175 ASICs (Application Specific Integrated Circuits), Working Prototypes of 20 System on Chips (SoC) and IP Core repository over five years. This will be a step towards leapfrogging in the Electronics System Design and Manufacturing (ESDM) space by way of inculcating the culture of SoC/ System Level Design at the Bachelors, Masters and Research level and act as a catalyst for the growth of Start-...

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Winners of the National Startup Awards 2021: 46 Startups, one incubator and accelerator.

Startup India is about realising millions of dreams, said Piyush Goyal. Presenting the National Startup Awards 2021, the Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, said the Startup Mission was a symbol of self-reliant and self-confident India. Be it a fisherman’s son from Chennai or a boatman’s daughter from Kashmir, they all want to bring prosperity to their families and their people, and therefore are thinking bigger and bolder, said Goyal. Prime Minister Modi believes in the potential of Startups to contribute significantly to the growth of the nation during the Amritkaal, the next 25 years. He recognises innovation as the strongest pillar to make India ‘Aatmanirbhar’ Goyal pointed out. According to him, Prime Minist...

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Passenger car to be safer with more airbags

The government has made the driver airbag a compulsory fitment on all motor vehicles used for the carriage of passengers, comprising not more than eight seats, in addition to the driver’s seat, manufactured on and after 1st July 2019. An airbag is a vehicle occupant-restraint system that interferes between the driver and the vehicle’s dashboard during a collision. That prevents serious injuries. Subsequently, the government has made it mandatory to have front-seat airbags other than the driver in all M1 category vehicles effective from 1st January 2022.   To enhance the safety of occupants of the motor vehicle against the lateral impact, the government has decided to boost safety features by amending the Central Motor Vehicles Rules (CMVR), 1989. The recent draft notificat...

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Central govt wants Venture capital to tap Startups in small towns

While chairing the 4th Roundtable with Global Venture Capital Funds, organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Piyush Goyal, Union Minister of Commerce and Industry, invited the VCs to explore new sectors for investing in ventures at Tier 2 and 3 cities. The government has already taken several steps to support the Startups.  India is home to over 61,000 recognised Startups across 55 industries, with 45 per cent of them emerging from Tier 2 and 3 cities. Around 45% of them have at least one woman director, a testimony of diversity, spread and inclusivity of the Indian Startup ecosystem. The government has undertaken 49 regulatory reforms to enhance Ease Of Doing Business, Ease Of Raising Capital and Reduce the Compliance Burden. Over 75 V...

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