Wed, Aug 23, 2017 | updated 02:01 PM IST

Indian innovation playing multiple roles for Germany: Report

Updated: Sep 23, 2016 17:19 IST      
Indian innovation playing multiple roles for Germany: Report

New Delhi [India], September 23 (ANI): As New Delhi and Berlin continue to partner on innovation, a recent study states that innovation in India is playing multiple roles for Germany as the former's large and growing customer base provides a suitable test market for the latter.

India's size, diversity, heterogeneity and strong base in engineering capability offers German firms practice for innovating and competing in a VUCA world.

With over a million engineering graduates every year, India serves as a vast talent hub for skilled manpower, particularly in light of Germany's current demographic profile.

Also, the ecosystem provided by Indian cities like Bengaluru offers German companies a diverse market along with collaboration and co-innovation opportunities.

The study was jointly conducted Bertelsmann Foundation and Roland Berger and the key findings were presented in an event organized by the foundation here yesterday.

The event was attended by various dignitaries including NITI Ayog CEO, German Ambassador Dr. Martin Ney, and former Planning Commission member Arun Maira.

The study also developed a number of actionable recommendations for Indian and German companies, academia, and policymakers to leverage the Indian innovation ecosystem and derived recommendations on how the two countries can work to create a synergistic innovation partnership.

It asserted that close collaboration between industry and academia, a strong and enforced IPR regime, and the ease of doing business will play a major role in taking this relationship further. (ANI)

New Delhi [India], August 23 (ANI): The Ministry of Finance on Wednesday in an official notification clarified the introduction of denomination of new currency notes worth Rs. 200, citing the provisions vested under Sub-section (1) of Section 24 of the Reserve Bank of India (RBI) Act, 1934.

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Former Oracle CFO Jeff Epstein joins Moglix Advisory Board

Updated: Aug 23, 2017 13:36 IST     

New Delhi [India], August 23 (ANI): In a move to strengthen its leadership, Moglix, a B2B e-commerce marketplace Moglix on Wednesday roped in Jeff Epstein, Operating Partner at Bessemer Venture Partners and former CFO of Oracle, to its Board of Advisors.

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New Delhi [India], August 22 (ANI-BusinessWire India): Despite the mushrooming of gyms and fitness centres as well as the growing popularity of fitness apps and virtual gyms, most Indians do not find time to exercise. In a pan-India study conducted by Gympik, India's largest fitness discovery platform, 53 percent of the respondents said that they lack the discipline to stay fit.

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Amitabh Kant to launch 'Mentor India' campaign on Wednesday

Updated: Aug 22, 2017 18:39 IST     

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New Delhi [India], Aug 22 (ANI): Asia's largest direct-to-home (DTH) brand DishTV has announced the appointment of Pushkar Singh Kataria, as Chief Human Resources Officer with immediate effect.

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New Delhi [India], August 22 (ANI-NewsVoir): India celebrated its 70th Independence Day this week with a new level of achievements and enthusiasm. Meanwhile, in Mumbai, Dr. Amit Upadhyay of Horizon Outsource Solutions visited Father Agnel's Ashram in Mumbai to spend a day with 55 underprivileged kids housed in Bandra.

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New Delhi [India], Aug 22 (ANI): India's largest e-commerce marketplace Flipkart on Tuesday announced the roll-out of 'Flipkart Global', a program that will provide its 100,000 plus sellers with an opportunity to export their products to buyers across 190+ countries.

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New Delhi [India], August 21 (ANI): HDFC Bank Ltd. on Tuesday unveiled its 'DigiPOS' Point of Sale (POS) machine, which will offer a complete suite of digital payment options.

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Fintech firm Rubique registers 48.8 percent YoY growth

Updated: Aug 22, 2017 16:36 IST     

New Delhi [India], August 22 (ANI): Rubique, a fintech company on Tuesday announced the disbursement of loans worth Rs. 488 crore in the last four months, marking a 48.8 percent growth, in comparison to FY 2016-17, while resulting in a substantial rise in revenue as well.

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New Delhi [India], Aug 22 (ANI): World leader in Quality of Life services Sodexo has announced appointment of Pradeep Chavda as the new Human Resources Director - India, effective August 2017.

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New Delhi [India], August 22 (ANI): Taxi aggregator Ola and US-based tech giant Google on Tuesday announced their inter-city travel partnership, whereby commuters travelling between cities will now be able to discover Ola Outstation, a smart mobility solution for inter-city travel on Google Maps for mobile, thereby, directing customers to the Ola app to conveniently complete the booking.

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New Delhi [India], August 22 (ANI-NewsVoir): CAYA Constructs, a social enterprise, collaborated with the blockbuster satirical comedy 'Toilet: Ek Prem Katha' (TEPK), starring Akshay Kumar and Bhumi Pednekar. This quirky tale on toilets supports Prime Minister Narendra Modi's Swachh Bharat Mission, a governmental campaign to improve sanitation and hygiene conditions in India.

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Mumbai (Maharashtra) [India], August 21 (ANI): Ahead of the bank strike to be held on Tuesday, Vice President of the National Organization of Bank Workers, Ashwani Rana said the government should take responsibility of any inconvenience caused to customers due to the non-operation of banks on account of the strike.

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New Delhi [India], August 21 (ANI-BusinessWire India): Gemological Institute of America (GIA), in collaboration with the Maharshi Karve Stree Shikshan Samstha (MKSSS), Pune, presented skill-enhancement training programmes, Applied Jewelry Professional (AJP) and SWIFT Jewellery Design, to 51 students. This training, supported by GIA's endowment fund, concluded with a graduation ceremony for the students on August 17 at the MKSSS Campus.

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New Delhi [India], August 21 (ANI-BusinessWire India): Witnessing an increase in demand for the ready to move in apartments post the successful implementation of the Goods and Services Tax (GST) and RERA Act, Tata Housing - India's leading real estate development company on Monday launched 'Move in India', a nation-wide campaign that will offer a 24 months assured rental on its projects across the country.

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Bengaluru (Karnataka) [India], Aug 21 (ANI): Samsung India has collaborated with the Government of Karnataka for a notebook donation drive to extend its support to students from government schools across Bengaluru, Kolar and Mulbaghal districts in the state.

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New Delhi [India], August 21 (ANI-NewsVoir): The Lottery Bachao Mahakruti Samiti, an association representing stake-holders in the online lottery business across Maharashtra has appealed to the central government to reconsider a levy of 28 percent Goods and Services Tax (GST) on lottery prize money, the highest tax slab under the tax regime.

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New Delhi [India], August 21 (ANI-NewsVoir): Paisabazaar.com, India's No. 1 loans and cards marketplace on Monday announced that it disbursed unsecured loans to 244 cities and towns across India last month.

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New Delhi [India], Aug 21 (ANI-BusinessWireIndia): Ahead of the festive season, OnePlus announces OnePlus Super Seller Week on Amazon from 21st to 25th August, 2017 with exciting offers on OnePlus 5 and OnePlus 3T. During this week, the new variant of OnePlus 5 also went live, giving the fans of Slate Graycolor, more options. OnePlus 5 Slate Gray is now available for purchase in 8GB + 128 GB version for Rs. 37,999 on Amazon.in and oneplusstore.in.

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New Delhi [India], August 21 (ANI): In a bid to augment financial inclusion in India, fintech startup LoanAdda on Monday announced the launch of LoanSwift, enabling the firm to analyse vast amounts of non-traditional credit data to increase loan approval rates and reduce the risk of credit decisions.

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