Tue, Jul 25, 2017 | updated 11:14 PM IST

Kraftly, Ministry of Textiles announces tie-up to promote handlooms

Updated: Nov 07, 2016 14:30 IST      
Kraftly, Ministry of Textiles announces tie-up to promote handlooms

New Delhi [India], Nov 7 (ANI): The e-Commerce marketplace Kraftly has announced signing of an MoU with the Development Commissioner of Handlooms from the Ministry of Textiles, Government of India.

As a part of this exclusive agreement, Kraftly will now be selling products directly from weavers and artisans. For better customer satisfaction, these products will come under the 'Indian Handloom Brand' to prove the authenticity of the products.

This partnership allows Kraflty to engage with weavers and groups from four major Handloom producers - Uttar Pradesh, Telangana, Assam and Andhra Pradesh.

The 'Indian Handloom Brand' is an initiative launched by the Prime Minister of India for promoting quality handloom products and encouraging weavers and artisans to showcase their artwork for the rest of the country to see.

"We are extremely excited about associating with the Handloom segment of the Ministry of Textiles," said Co-founder and CEO Kraftly, Saahil Goel.

Now, Kraftly will be selling 'Indian Handloom Brand' products through our portal. We are looking forward to enabling the artisans and weavers to promote their products directly through the Kraftly platform and help in building an online presence for these sellers.

"We have got the 'Indian Handloom Brand' and ' Handloom Mark' logo on our website as well, and aim to create an additional source of livelihood for the weavers and craftsmen, and further promote the dying arts and handicrafts of India," added Goel. (ANI)

New Delhi [India], July 25 (ANI-Newsvoir): AXELOS, announces the launch of PRINCE2® 2017, the latest version of world's most widely used Project Management Methodology in India.

Full Story >>

New Delhi [India], July 25 (ANI-BusinessWireIndia): L&T Technology Services Limited (LTTS) has announced its results for the first quarter ended June 30, 2017. The company's quarterly revenue rose 6.3 percent Year-on-Year to USD 128 million, on the back of successful project executions and new orders.

Full Story >>

New Delhi [India], July 25 (ANI): Reacting at the Union Cabinet move to push electric mobility in the country, Society of Manufacturers of Electric Vehicles (SMEV), Director- Corporate Affairs Sohinder Gill said that the government should immediately kick start the mass adoption of EVs in the country.

Full Story >>

New Delhi [India], July 25 (ANI-NewsVoir): Sunil Kant Munjal led Hero Enterprise has committed a strategic stake and shall invest USD 10 million in Corvi LED Light, a pioneering and technology-reshaping consumer lighting firm based in Mumbai that already has over ten Red Dot Design Award winning products under its belt.

Full Story >>

New Delhi [India], July 25 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co. (SAM & Co.) advised affiliates of GE in relation to the sale of their entire shareholding in their Cards business in India.

Full Story >>

New Delhi [India], July 25 (ANI): With a view to provide impetus to domestic manufacturing of hybrid and electric vehicles (collectively termed as XEVs), the Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan 2020 was unveiled in 2013.

Full Story >>

Indian economic reform infusing confidence in investors

Updated: Jul 25, 2017 15:58 IST     

New Delhi [India], July 25 (ANI): With the National Stock Exchange's (NSE) Nifty crossing the 10,000 mark earlier today, market analysts believe that this new feat can be attributed to the ongoing economic reforms in the country, which is infusing confidence among investors.

Full Story >>

New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.

Full Story >>

Defeating Diarrhea: integration is the solution

Updated: Jul 25, 2017 15:29 IST     

New Delhi [India], July 25 (ANI-NewsVoir): Tomorrow, July 26, at 3:00 p.m. in Tamarind Hall at India Habitat Centre, PATH's Defeat Diarrheal Disease Initiative (DefeatDD) will convene thought leaders on child health in India at an event titled, "Defeating diarrhea: Integration is the solution."

Full Story >>

New Delhi [India], July 25 (ANI): The Ministry of Road Transport and Highways has estimated a fund requirement of about Rs. 6.92 lakh crore for the development of National Highways in the country during the next five years.

Full Story >>

New Delhi [India], July 25 (ANI): Global leader of Over-the-top content (OTT) YuppTV on Tuesday announced that it has entered into an exclusive partnership with FlowersTV, for the expat community in North America.

Full Story >>

New Delhi [India], July 25 (ANI-BusinessWireIndia): RakshaBandhan is one of the most auspicious occasions in the Hindu tradition. The festival has originated in the Indian soil, but it has gained prominence across the globe.

Full Story >>

19 percent of India's population financially excluded: Study

Updated: Jul 25, 2017 14:09 IST     

New Delhi [India], July 25 (ANI): Despite a strengthened institutional credit network, a study conducted by ASSOCHAM and EY has highlighted major lag in terms of financial services in the country, with 19 percent of the

Full Story >>

Jugnoo becomes finalist in K-Startup grand challenge in Korea

Updated: Jul 25, 2017 14:09 IST     

New Delhi [India], July 25 (ANI-NewsVoir): Jugnoo, India's leading hyperlocal startup, is all set to create its footprints in the South Korean market. The B2B offering of the company, Tookan has been selected as one of the top three finalists to participate in K-Startup Grand Challenge - a 4 month accelerator programme, organised by the Korean government. Jugnoo is selected from the 70 Indian Startups that auditioned for the challenge becoming one of the top three finalists making it a big achievement for the team.

Full Story >>

New Delhi [India], July 25 (ANI-NewsVoir): India's fashion power-house, Aditya Birla Fashion and Retail Ltd.'s Van Heusen Innerwear and Athleisure business today announced a pan India growth plan in this emerging segment. Since its foray last year, Van Heusen Innerwear and Athleisure has created a strong presence across 1700+ outlets across 80+ towns in South India, with its premium and innovative collection.

Full Story >>

Competition Commission of India approves Vodafone-Idea merger

Updated: Jul 25, 2017 13:04 IST     

New Delhi [India], July 25 (ANI-NewsVoir): The Competition Commission of India (CCI) today unconditionally approved the merger of the telecommunications businesses of Vodafone India Limited, and its wholly-owned subsidiary Vodafone Mobile Services Limited, with Idea Cellular Limited. The USD 23 billion transaction is the largest transaction by value in the history of Indian M&A.

Full Story >>

New Delhi [India], July 25 (ANI-NewsVoir): Texas Instruments (TI) today announced the launch of the second edition of India Innovation Challenge Design Contest (IICDC2017), with registrations for the contest opening on July 20th, 2017at www.ti.com/iicdc. The last date for registration is September 10, 2017.

Full Story >>

Paytm hires Kiran Vasireddy as COO for payments business

Updated: Jul 25, 2017 12:40 IST     

New Delhi [India], July 25 (ANI): Paytm on Tuesday announced appointed of Kiran Vasireddy as the Chief Operating Officer (COO) for its payments business.

Full Story >>

Sundar Pichai roped in for Alphabet's new Board of Directors

Updated: Jul 25, 2017 12:38 IST     

Washington D.C. [USA], July 25 (ANI): Google CEO Sundar Pichai is all set to join the parent company Alphabet's board, according to an official announcement from the company.

Full Story >>

New Delhi [India], July 25 (ANI): Aiming to assist the government in doubling of farmer's income by 2022, Bank of Baroda on Tuesday entered into a Memorandum of Understanding (MoU) with Lawrencedale Agro Processing India Pvt. Limited.

Full Story >>