Tim lakh lakh, tey tim lakh lakh…
If that rings a bell, you seem to be familiar with the significance the occasion carries . And even if it doesn’t, do continue to read on!
Vaisakhi, or better known as Baisakhi in many regions, is a festival enthusiastically celebrated in Punjab. But given the fact that India is a vastly diverse country, it is celebrated all over the nation by people from all walks of life.
“The work of today is the history of tomorrow”
…and so IndiaMART has created a history of 19 years, with its persistence for excellence.
Everything was set, life was going easy for Dinesh Agarwal who was doing well in his career, minting dollars in U.S in the early 90’s. Life was a cakewalk, but that was not his idea of leading a life. For a person who constantly sought new challenges and had larger than life aspirations, the cubical in CDOT could not contain him. Well, it was this determination which actually laid the foundation for IndiaMART, India’s largest online marketplace today, founded on April 1, 1996.
The journey ever since, has been an exciting one. With the rapid advancement in technology and consumer behavior, the marketplace kept evolving each year, with an aim to best suit the consumers’ changing needs at all times. It feels good, when one looks back. But, this is not at all the end. It is just a beginning! (picture abhi baaki hai mere dost)
When the whole world was cracking jokes and playing pranks, IndiaMART was celebrating its 19th Founder’s day on 1st April 2015.
The day began with an auspicious Puja ceremony and a biiigggg surprise for everyone. We at IndiaMART love to pamper our employees, as we believe that “a happy employee is a productive employee”, and so our employees enjoyed a grand lunch sponsored by IndiaMART on the occasion. The enthusiasm of the IndiaMARTians and their proactive participation in the Founder’s day treat took the celebrations to a great level.
Ahh…ha…what a break!!!
Walking the path alone perhaps, might not have been possible. This is where the large number of employees and customers come into picture, where they truly acted as strong pillars, supporting the growth of the organization and making this journey a whole lot easier. A big thanks to all for lending the zeal to relentlessly strive for brilliance, kyunki “Kaam Yahin Banta Hai”!
Entering the 20th year now, it is time to see what ‘BIG’ things are in store. It is also the time to gear up for the next innings of the 20:20 match!
Sachin Gupta, Co-Owner,
Ahmedabad, 07th April, 2015
“An organization, no matter how well designed, is only as good as the people who live and work in it.” And that is what can be seen in the successful venture run by this father-son duo, Mr. Jagdish Gupta and Mr. Sachin Gupta.
Under the ambit of the new five-year foreign trade policy unveiled on Wednesday by the central government, 108 MSME clusters have been identified to help India meet its export target of $900 billion by 2019-20.
The central government in this endeavour has revised and restructured the Niryat Bandhu Scheme (NBS) aimed at mentoring and promoting entrepreneurship for international business, said an official statement.
“The NBS has been galvanised and repositioned to achieve the objectives of Skill India,” it said.
With the objective of promoting the MSMEs in international trade, the central government will organise activities for the MSME (micro, small and medium enterprise) in a “structured way” at the identified clusters under partnership models involving the private players and industry players and bodies.
It has also initiated a scheme of self-certification for export status-holder manufacturers to self certify their manufactured goods in phases, as originating from India with a view to qualifying for preferential treatment under various forms of bilateral and regional trade agreements.
“This Approved Exporter System will help these manufacturer exporters considerably in getting fast access to international markets,” the statement said.
Union Commerce and Industry Minister Nirmala Sitharaman said the new trade policy aimed at boosting exports will result in increasing the nation’s exports to $900 billion by 2019-20 from $465.9 billion for the period 2013-14.
Read more at http://www.business-standard.com/
The Times of India
BHUBANESWAR: To generate more employment through micro, small and medium enterprises (MSMEs), the Odisha government is planning to launch a new scheme ‘Biju Atma Nijukti Yojana’, a self-employment programme.
Under the scheme, loans and subsidies will be provided to youths to set up small and micro enterprises, official sources said.
“We have already prepared the draft of the scheme. It will be sent for the concurrence of finance department. Thereafter it will be placed before the cabinet for approval,” said MSME secretary Panchanan Dash.
“We plan to generate one lakh jobs in 2015-16 through the MSME sector,” he added.
The sources said the department is also planning to launch another self-employment scheme to generate employment in khadi and village industries.
He said the government would bring in a procurement policy, making it mandatory for the state-run public sector undertakings and departments to procure at least 20% of their products and service needs from small and medium enterprises in the state. It would be in line with the Centre’s policy. He said 4% procurement should be from MSMEs owned by SC/ST entrepreneurs.
Also, formulation of a new MSME development policy is underway, the sources said. To facilitate infrastructure to the MSME entrepreneurs, a separate body will be created on the lines of Idco.
Read more at http://timesofindia.indiatimes.com/
Noida : The night could not have turned out to be more perfect for SSP Pvt. Ltd. as the company was announced Leader of Tomorrow in Engineering Products category and also SME of the Year at the grand felicitation ceremony of ET NOW-IndiaMART Leaders of Tomorrow Awards 2012 held at Taj Palace in the capital recently. Mr. Tapas Chatterjee, Managing Director, SSP Pvt. Ltd. received the much coveted Award from the Chief Guest Mr. Anand Sharma and Guest of Honour Mr. Sunil Bharti Mittal. It was a fitting tribute to the hard work and efforts of Mr. R. P. Banerjee who laid the foundation stone of the company way back in 1977 which is being successfully led by its Managing Director Mr. Tapas Chatterjee. Named the winner in two categories, SSP Pvt. Ltd. emerged victorious amongst a host of nominations after facing two tough Jury rounds.
Noida Times (A Times of India supplement),
So what if Thursday was a workday? It was still a day for high drama – inside offices or in campuses. Noidawallas came together in collective cheers and sighs through India’s topsy-turvy play. After all, jeet ho ya haar, Noida, like the rest of India, did little else yesterday than root for Team India
India, India , India, India…..!!!
This is what you usually hear when India plays a cricket match against any team. And, when it is the World Cup…and that too, semi finals…oh my god….you can imagine what happens.
The Economic Times
Bengaluru | New Delhi | Mumbai
Regulator may ease rule mandating cos to use IPO proceeds to build tangible assets
Market regulator Sebi could ease rules that govern the public listing of shares by startups in India, a move that will remove one of the biggest hurdles cited by new-economy entrepreneurs who now look overseas while planning an initial public offer.
The Securities & Exchange Board of India could scrap norms that require companies to use proceeds from a public listing to build tangible assets or buy plant and machinery, according to a Reuters report, and the regulator is preparing to unveil a consultation paper later this month on listing norms for micro, small and medium enterprises, sources in the department of micro, small and medium enterprises told ET.