India
Plan to transfer AI debt, non-core assets to SPV: Official

Plan to transfer AI debt, non-core assets to SPV: OfficialNew Delhi, Aug 22 (IANS) The Central government plans to transfer the debt and non-core assets of the financially-strained national passenger carrier Air India to a special purpose vehicle (SPV), a senior Finance Ministry official said on Tuesday. Accordingly, the proposal is expected to financially revive the debt-ridden airline through the sale of its non-core assets. "What they (Air India Board) have suggested is ... a proposal ... for making a special purpose vehicle, transferring its non-core assets and the unsustainable debt to that SPV and then encashing through sale or divestment of those assets," the ministry official said.


Broad found guilty of breaching ICC code of conduct

Broad found guilty of breaching ICC code of conductNottingham, Aug 22 (IANS) England fast bowler Stuart Broad has been fined 15 per cent of his match fee for breaching Level 1 of the ICC Code of Conduct during the second day of the third Test against India at Trent Bridge, a statement said. Broad was found to have breached Article 2.1.7 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to "using language, actions or gestures which disparage or which could provoke an aggressive reaction from a batsman upon his/her dismissal during an International Match". In addition to this, one demerit point has been added to the disciplinary record of the fast bowler, for whom it was the first offence since the introduction of the revised Code in September 2016.


India one wicket away from winning Nottingham Test

India one wicket away from winning Nottingham TestNottingham, Aug 22 (IANS) India are one wicket away from a comprehensive victory as England were 311/9 at stumps on the fourth day while chasing a mammoth 521 in the third Test match here on Tuesday. Adil Rashid (30) and James Anderson (8) were at the crease when umpires dislodged the bails for the day. India Jasprit Bumrah broke the backbone of the English batting line-up, scalping five wickets in his 29 overs, while Ishant Sharma chipped in with two wickets.


BJP colluding with ration mafia: AAP

BJP colluding with ration mafia: AAPNew Delhi, Aug 21 (IANS) The AAP on Tuesday accused the BJP of colluding with the ration mafia in Delhi and slammed it for welcoming the deletion of 2.93 lakh names from lists of ration-card holders. Aam Aadmi Party (AAP) leader Saurabh Bharadwaj also sought to question the Bharatiya Janata Party and Lt Governor Anil Baijal on the issue. "It is extremely shocking that the BJP is defending officers responsible for large-scale corruption in ration distribution system in Delhi for many years," Bharadwaj said.


Nepal Parliament endorses proposal of BIMSTEC convention on terrorism

Nepal Parliament endorses proposal of BIMSTEC convention on terrorismThe lower house of Nepal's Parliament on Monday endorsed a tabled proposal of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Co-operation) Convention focusing on security. The proposal titled "BIMSTEC Convention on Cooperation in Combating International Terrorism, Transnational Organised Crime and Illicit Drug Trafficking" was tabled in the parliament by Nepal Home Minister Ram Bahadur Thapa. The Home Minister asserted on the importance of the proposal to combat terrorism which is gaining a foothold across the world. Though the convention had been approved by all the BIMSTEC member countries, Nepal was the only country that did not give its nod. Nepal is currently the chair of the BIMSTEC. Established in 1997, BIMSTEC groups India, Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka and Thailand. Nepal's ratification to the regional treaty has come ahead of the fourth summit of the BIMSTEC which is going to be held on August 30 and 31 in Kathmandu.


International buyers showing interest in Bengal's products: Minister

International buyers showing interest in Bengal's products: MinisterKolkata, Aug 21 (IANS) About 40 international buyers have shown interests in sourcing products costing Rs 113 crore from West Bengal's artisans while Swedish furniture retailer IKEA also wishes to buy goods made of natural fibre, a Minister said on Tuesday. "About 40 international buyers have shown interest in B2B meetings to source products costing Rs 113 crore from our artisans," Finance Minister Amit Mitra said at the MSME conclave here.


Flipkart acquires speech recognition start-up Liv.ai

Flipkart acquires speech recognition start-up Liv.aiBengaluru, Aug 21 (IANS) India's leading e-tailer Flipkart on Tuesday said it had acquired artificial intelligence (AI)-led speech recognition start-up Liv.ai to solve the language-barrier problem for its customers across the country. "Acquisition of Liv.ai positions us to solve the language barrier problem for adoption of e-commerce as the start-up has developed speech-to-text platform in nine Indian languages," said the retail giant Walmart-owned e-commerce firm in a statement here. The speech recognition is in Bengali, Gujarati, Hindi, Kannada, Marathi, Malayalam Punjabi, Tamil, and Telugu.


Jaipur lad bags silver in Serbia

Jaipur lad bags silver in SerbiaJaipur, Aug 21 (IANS) Jaipur lad Harsh Choudhary took the silver medal in 70 kilogram boxing in 2nd Nations' Cup International Tournament held from August 15-20 at Vrbas in Serbia.


'Crazy Rich Asians' won't release in India

'Crazy Rich Asians' won't release in IndiaNew Delhi, Aug 21 (IANS) "Crazy Rich Asians" is making quite an impact globally with its storyline and box office business, but the film will not release in India. When a Twitter user questioned about the buzz that "Crazy Rich Asians" won't be hitting the screens in India, a response from the official Twitter handle of the studio Warner Bros India read: "We are sad to announce that 'Crazy Rich Asians' would not be releasing in India." After reading this, Indians expressed their disappointment over the film not coming to their country.


Asiad 2018: Shooters shine, wushu, sepaktakraw players create history

Asiad 2018: Shooters shine, wushu, sepaktakraw players create historyJakarta, Aug 21 (IANS) Shooters continued to make the country proud even as Indians created history by ensuring medals in non-traditional sports like wushu and sepaktakraw at the 18th Asian Games here on Tuesday. The Indian contingent enjoyed a superb start to the day as shooters Saurabh Chaudhary and Abhishek Verma bagged the gold and bronze medals respectively in the Men's 10 metre Air Pistol event. The 16-year-old Saurabh had a memorable Asiad debut after producing an Asian Games record score of 240.7.


Asiad 2018: AFI to conduct fresh trial for Monika on Wednesday

Asiad 2018: AFI to conduct fresh trial for Monika on WednesdayNew Delhi, Aug 21 (IANS) Following a directive from the Delhi High Court, the Athletics Federation of India (AFI) on Tuesday announced fresh trial for Monika Chaudhary in the women's 1500 metre event at the Jawaharlal Nehru Stadium here on Wednesday. According to a statement by the AFI on its website, a petition was filed before the court Delhi by Monika challenging her exclusion from the 1500m event for the ongoing Asian Games in Indonesia.


Huawei 'nova 3i' sold out in 5 minutes

Huawei 'nova 3i' sold out in 5 minutesNew Delhi, Aug 21 (IANS) Huawei Consumer Business Group (CBG) on Tuesday announced that the "nova 3i" smartphone was sold out in just five minutes in a flash sale. "India is a vital market for Huawei and a deeper connect with India's tech savvy customer is a testimony to our growing brand presence here," Allen Wang, Director, Product Centre, Huawei Consumer Business Group, India, said in a statement. The company has also announced a flash sale on August 27 at 12 noon exclusively on Amazon.in.


Asiad 2018: Indians ensure four medals in wushu

Asiad 2018: Indians ensure four medals in wushuJakarta, Aug 21 (IANS) India's Naorem Roshibina Devi, Santosh Kumar, Surya Bhanu Pratap Singh and Narender Grewal assured themselves of a medal each after advancing to the semi-finals of their respective categories in the wushu competition at the 18th Asian Games here on Tuesday. This is the best ever performance by India in wushu at the Asiad. Naorem defeated Mubashra of Pakistan 2-0 in the quarter-finals of the women's sanda 60 kilogram category.


Asiad 2018: India women's hockey team hammer Kazakhstan 21-0

Asiad 2018: India women's hockey team hammer Kazakhstan 21-0The World No. 9 India showed their quality with their dominant performance against a lowly ranked Kazakh side, scoring 21 goals in the team's second biggest victory of the Asian Games. Drag-flicker Gurjit Kaur managed to convert on the third attempt as she hit a fierce shot towards the Goalkeeper's left to score India's first goal in the 7th minute. India scored their second goal in the 9th minute when Lilima Minz struck the ball from the edge of the striking circle, finding young striker Lalremsiami, who did not hesitate in deflecting the ball into the goal.


3rd Test: Buttler, Stokes keep England hopes alive at Tea on Day 4

3rd Test: Buttler, Stokes keep England hopes alive at Tea on Day 4Nottingham, Aug 21 (IANS) Jos Buttler and Ben Stokes kept England's hopes alive as the hosts progressed to 173/4 at tea on Tuesday, needing 348 more runs for victory against India in the third Test match.


GE Power bags Rs 220-cr order for HPCL's Vizag refinery

GE Power bags Rs 220-cr order for HPCL's Vizag refineryNew Delhi, Aug 21 (IANS) US multinational GE Power on Tuesday said it has won a Rs 220-crore order to supply a gas turbine and generator for the proposed captive power plant at state-run Hindustan Petroleum Corporation (HPCL)'s refinery at Visakhapatnam in Andhra Pradesh. GE Power said in a statement here that the order for supply of a 6F.03 gas turbine and a generator was placed by state-run Bharat Heavy Electricals Ltd (BHEL) which is the principal contractor for the project.


Zero depreciation in Indian rupee between 2013 and 2018: Official

Zero depreciation in Indian rupee between 2013 and 2018: OfficialNew Delhi, Aug 21 (IANS) Repayment of funds, which was raised from overseas market in 2013, has been a main reason for rupee depreciation in the past few months, a senior Finance Ministry official said on Tuesday. "In 2013, about $32-34 billion were raised by the government that appreciated the Indian rupee," the senior official said here on Tuesday adding that "the currency exchange rate between the US dollar and the Indian rupee pair is the same in 2018 as it was in 2013." "In the last 5-years, the Indian rupee has remained stable against all major currencies like Euro and Pound, though vis-a-vis the US dollar there has been some depreciation due to the strengthening of the USD." "We are the only country among the emerging market economies, whose currency has maintained a stable value in the long term." In recent days, factors such as geo-political developments, wider trade deficit, along with outflow of foreign funds have pulled the Indian rupee to fresh record intra-day and closing lows.


Seven firms bid for Mumbai Metro trains

Seven firms bid for Mumbai Metro trainsMumbai, Aug 21 (IANS) Seven Indian and international firms have bid for supply of 378 coaches for the upcoming Mumbai's Metro 2A and Metro 7 corridors, an official said on Tuesday.


Asiad 2018: Naorem, Santosh ensure wushu medal

Asiad 2018: Naorem, Santosh ensure wushu medalJakarta, Aug 21 (IANS) India's Naorem Roshibina Devi and Santosh Kumar assured themselves of a medal each after advancing to the semi-finals of their respective categories in the wushu competition at the 18th Asian Games here on Tuesday.


Amid choppy trade equity indices settle at record closing levels; healthcare stocks up

Amid choppy trade equity indices settle at record closing levels; healthcare stocks upMumbai, Aug 21 (IANS) Amid a largely choppy trade, the key Indian equity indices of S&P BSE Sensex and the NSE Nifty50 settled at their respective closing highs on Tuesday registering nominal gains over the previous trade.


Asiad 2018: Naorem ensures wushu medal

Asiad 2018: Naorem ensures wushu medalJakarta, Aug 21 (IANS) India's Naorem Roshibina Devi assured herself a medal in the wushu competition after advancing to the semi-finals of the women's sanda 60 kilogram category at the 18th Asian Games here on Tuesday.


Standoff between TV artistes, producers in Bengal continues

Standoff between TV artistes, producers in Bengal continuesKolkata, Aug 21 (IANS) The standoff between television artistes and a section of producers in Bengal over the payment of fees continued for the fourth day on Tuesaday even as senior members of the artistes' forum appealed to everyone to resume shooting. "We conducted a meeting with the artistes to make our standpoint clear. The shooting of a number of Bengali mega serials has been stalled since August 18, as disputes over regularisation of artistes' payment, due fees and working hours were not addressed by the Welfare Association of Television Producers (WATP).


Lakshay-Shreyasi sixth in mixed trap shooting event

Lakshay-Shreyasi sixth in mixed trap shooting eventJakarta, Aug 21 (IANS) India's mixed trap shooting team of Lakshay Sheoran and Shreyasi Singh finished sixth and last at the 18th Asian Games here on Tuesday.


Virat blows a KISS to Anushka after his 23rd Test Century | India Vs England Test Series

Virat blows a KISS to Anushka after his 23rd Test Century | India Vs England Test SeriesIndian Captain Virat Kohli smashed his 23rd Test century on the Third day of third Test against England in Nottingham. After his 100, Virat raised his bat and exchanged a tonne of flying kisses on the field with his wife Anushka, who has flown to England to be with Virat, where he is leading Team India in a test match series. Anushka proudly cheering him from the stands. The moment between the couple was captured on the camera and the video and some photographs are already viral on the internet.


BCCI registers new constitution with the Tamil Nadu Registrar of Societies

BCCI registers new constitution with the Tamil Nadu Registrar of SocietiesMumbai, Aug 21 (IANS) Pursuant to the order of the Supreme Court dated August 9, the Board of Control for Cricket in India (BCCI) on Tuesday registered its new constitution as approved and directed by the Court with the Registrar of Societies of Tamil Nadu in Chennai. Chairman of the Committee of Administrators Vinod Rai and member Diana Edulji said: "We thank the Honorable Supreme Court for their directions and are pleased to start the process today by the submission of the new constitution of the BCCI with the Tamil Nadu Registrar of Societies at Chennai.


ASICS India name cricketers Bumrah, Bhuvneshwar as brand ambassadors

ASICS India name cricketers Bumrah, Bhuvneshwar as brand ambassadorsNew Delhi, Aug 21 (IANS) Sport performance brand, ASICS have roped in Indian fast bowlers Jasprit Bumrah and Bhuvneshwar Kumar as their first brand ambassadors in the country, it was announced on Tuesday. The partnership will see Jasprit and Bhuvneshwar join hands to underscore the company's commitment towards India. Commenting on the brand association, Managing Director of ASICS India Rajat Khurana said: "We are extremely delighted to bring on board leading cricketers of our Indian cricket team, Jasprit Bumrah and Bhuvaneshwar Kumar as the brand ambassadors for ASICS India." "This partnership is also an extension of the Global 'I Move Me' campaign for ASICS.


India reduce England to 84/4 at lunch in 3rd Test

India reduce England to 84/4 at lunch in 3rd TestNottingham, Aug 21 (IANS) India inched closer to victory in the third Test over England after reducing the hosts to 84/4 in their chase of a mammoth 521, at lunch on the fourth day at Trent Bridge here on Tuesday. Jos Buttler (19) and Ben Stokes (3) survived a few close calls before heading back unseparated at the break. Assisted by overcast conditions suited to swing and seam bowling, the Indian pace trio of Ishant Sharma (2/24), Mohammed Shami (1/28) and Jasprit Bumrah (1/26) got rid of the English top order.


Asian Games 2018: India wins first ever medal in Sepaktakraw

Asian Games 2018: India wins first ever medal in Sepaktakraw9th medal at the ongoing Asia Games 2018 in Indonesia India wins first ever Sepaktakraw medal at Asian Games Te Indian team won BRONZE in Sepaktakraw (Men's Team Regu)


Asian Games 2018: Day 3, India bags 3 medals in shooting

Asian Games 2018: Day 3, India bags 3 medals in shootingIndia is shining bright in wrestling and shooting t the ongoing Asian Games 2018. After Deepak Kumar on day 2, India started Day 3 with 3 medals in shooting as Saurabh Chaudhary produced an Asian Games record score of 240.7 to clinch the gold in Men’s 10m Air Pistol final, Sanjeev Rajput won silver in the 50m Rifle 3 positions final with a score of 452.7 and Abhishek Verma won the bronze with a score of 219.3.


Asiad 2018: At 16, Saurabh is a phenomenon, feels Joydeep Karmakar

Asiad 2018: At 16, Saurabh is a phenomenon, feels Joydeep KarmakarKolkata, Aug 21 (IANS) Moments after Saurabh Chaudhary bagged gold in the Men's 10 metre Air Pistol final at the Asian Games, former Olympian Joydeep Karmakar hailed the teenager's composure and added that he is hopeful of a rich haul from the Indians at the ISSF World Shooting Championships starting later this month. "The World Championships (August 31 - September 14) are coming up and these are really good signs for Indian shooting.


Asiad 2018: India men's kabaddi team registers win over Thailand

Asiad 2018: India men's kabaddi team registers win over ThailandJakarta, Aug 21 (IANS) After suffering a shock defeat to South Korea in the last match, the Indian kabaddi team bounced back in style as they defeated Thailand 49-30 in their fourth match of the Asian Games here on Tuesday. Rahul Chaudhari was the standout raider in a match which saw Thailand giving a fight in patches. Right from the start, India started puting pressure on their opponents.


Amid flat trade Sensex, Nifty settle at new record closing highs

Amid flat trade Sensex, Nifty settle at new record closing highsMumbai, Aug 21 (IANS) The key Indian equity indices provisionally ended at fresh record closing levels on Tuesday with nominal gains amid a largely choppy trade.


Overall HCP India market grew 23.1% in Q2, HP leads: IDC

Overall HCP India market grew 23.1% in Q2, HP leads: IDCNew Delhi, Aug 21 (IANS) The HCP (Inkjet, laser, SDM and line printers) market in India posted the highest growth (year-on-year) of 23.1 per cent in the second quarter of 2018, with HP (excluding Samsung Print) maintaining its leadership with 40.3 per cent market share and a 5.3 per cent growth (year on year), an IDC report said on Tuesday.


Brides today experiment, risk their wedding look: Designer

Brides today experiment, risk their wedding look: DesignerNew Delhi, Aug 21 (IANS) Designer Sumona Parekh says modern day brides don't shy away from experimenting with their looks and replacing the regular colours like red, pink and orange with blue, green and ivory. "With so much inspiration from Bollywood and the urge to look spectacular and different on the wedding day, brides are ditching the regular red, pink and orange outfits over the subtle-toned bridal trousseau with intricate detailing on blouses, dupatta and flowy lehangas. "The brides are choosing more shades of blue, greens and even ivory and bronze.


Vinesh Phogat Wins GOLD at Asian Games : PM, Aamir, Akshay Feeling PROUD

Vinesh Phogat Wins GOLD at Asian Games : PM, Aamir, Akshay Feeling PROUDAs Vinesh Phogat became the first Indian woman wrestler to win an Asian Games gold, Bollywood celebrities like Amitabh Bachchan, Aamir Khan and Akshay Kumar and Our Prime Minister Narendra Modi lauded her for proving the strength of India's women.


Indian private shipbuilders risk going under: Association

Indian private shipbuilders risk going under: AssociationNew Delhi, Aug 21 (IANS) Indian private shipbuilders have called for a level playing field in the country, failing which they risk going under jeopardizing the livelihood of more than 11.5 lakh families, the Shipyards Association of India (SAI) said. Briefing reporters here on Monday following a meeting with Road Transport and Shipping Minister Nitin Gadkari, SAI said it had urged the Minister to create an atmosphere of inclusive growth between public and private sector companies operating in the field. "The Indian private shipbuilding industry appealed for a speedy resolution of critical areas of concern and sought a level playing field between the public sector undertakings(PSUs) and private shipyards," SAI President V. Kumar told reporters.


'Kin' is wish-fulfilment movie: Jonathan Baker

'Kin' is wish-fulfilment movie: Jonathan BakerLos Angeles, Aug 21 (IANS) At its heart, "Kin" is a wish-fulfilment movie, says its co-director Jonathan Baker. The Lions Gate's next film titled "Kin", a crime thriller with a sci-fi twist, has been directed by the Baker Brothers -- Jonathan and Josh.


Indians in UAE warned against illegal fund raising

Indians in UAE warned against illegal fund raisingAbu Dhabi, Aug 21 (IANS) Indian expats enthusiasm to help flood victims in Kerala should not lead them to the wrong side of the law on fund raising in the United Arab Emirates (UAE), India's Ambassador warned here. "The feedback received from the UAE government suggested that some individuals and organisations are involved in fund raising.


People targeting Sidhu doing disservice to peace: Imran Khan

People targeting Sidhu doing disservice to peace: Imran KhanIslamabad, Aug 21 (IANS) Pakistan Prime Minister Imran Khan on Tuesday thanked cricketer-turned-politician Navjot Singh Sidhu for attending his oath taking and called those targeting him in India as "doing great disservice to peace in the subcontinent". Sidhu faced flak in India for hugging Pakistani Army Chief Gen. Qamar Javed Bajwa during Khan's swearing-in last week. "I want to thank Sidhu for coming to Pakistan for my oath taking.


Asiad 2018: India pocket first-ever medal in sepaktakraw

Asiad 2018: India pocket first-ever medal in sepaktakrawPalembang (Indonesia), Aug 21 (IANS) India got its first-ever medal in sepaktakraw as it settled for a bronze medal after losing to Thailand in the semi-finals of the men's team regu event here on Tuesday.


Lenovo India appoints Shailendra Katyal in top role

Lenovo India appoints Shailendra Katyal in top roleNew Delhi, Aug 21 (IANS) Global technology brand Lenovo India on Tuesday announced the appointment of Shailendra Katyal as Executive Director and India PC and Smart Devices Business Group (PCSD) Consumer Leader. Based in Bengaluru, Katyal will report to Rahul Agarwal, Managing Director and CEO, Lenovo India.


Cocktail recipes for monsoon season

Cocktail recipes for monsoon seasonNew Delhi, Aug 21 (IANS) With monsoon comes the occasion to invite your friends to enjoy the nice cocktail recipes so why not make it a little different and tasty.


Update your shoe wardrobe with platforms, pastels

Update your shoe wardrobe with platforms, pastelsNew Delhi, Aug 21 (IANS) There's nothing quite like footwear which provide ease and are in trend too. Go for comfortable platforms in pastels and metallics to put your best foot forward on the fashion front. Surabhi Agarwal, Head of Merchandising, Crocs India, and Porus Mobedji, Head of Designing, Splash Fashion, share inputs: * Platforms: Heels can never go out of trend but when it comes to comfort, heels is the last option to resort to.


Shooter Rajput bags silver in men's 50m Rifle 3 Positions

Shooter Rajput bags silver in men's 50m Rifle 3 PositionsJakarta, Aug 21 (IANS) India's Sanjeev Rajput clinched a silver medal in the men's 50 metre Rifle 3 Positions shooting event of the 18th Asian Games here on Tuesday.


After Nick Jonas, Canadian actor Nick Bateman lands in India, shares video

After Nick Jonas, Canadian actor Nick Bateman lands in India, shares videoAfter Nick Jonas, Canadian actor Nick Bateman lands in India, shares video


Marathi cinema known for experimenting: Bhalchandra

Marathi cinema known for experimenting: BhalchandraNew Delhi, Aug 21 (IANS) Popular Marathi actor Bhalchandra Kadam says Marathi movies have been known for experimenting with interesting subjects and that the entry of Bollywood celebrities has brought in curiosity in the regional cinema. Bollywood actors like Ajay Devgn, Madhuri Dixit, Nana Patekar, Salman Khan and Riteish Deshmukh have either acted in or produced Marathi films.


Asiad 2018: Lakshay-Shreyasi in finals of mixed trap shooting event

Asiad 2018: Lakshay-Shreyasi in finals of mixed trap shooting eventJakarta, Aug 21 (IANS) India's mixed trap shooting team of Lakshay Sheoran and Shreyasi Singh qualified for the finals at the 18th Asian Games here on Tuesday.


The only person who can make you feel judged is you, says stripper in her memoir

The only person who can make you feel judged is you, says stripper in her memoirNew Delhi, Aug 21 (IANS) Born in San Francisco in 1970, life was anything but planned for Sita Kaylin, who started working as a stripper during her college days to earn money. The book, published by HarperCollins, has just hit the stands in India and in an email interview with IANS from Los Angeles, Kaylin spoke at length about the eventful life she has lived, her understanding of the sex industry and the nature of human needs and desires. Asked if she has ever experienced prejudice and the factors that keep her motivated in the sex industry, Kaylin said that the only person who can make you feel judged is yourself.


Trump a sign of despair in a very powerful nation: 'Romper Stomper' director

Trump a sign of despair in a very powerful nation: 'Romper Stomper' directorMelbourne, Aug 21 (IANS) Having Donald Trump as President is a "drastic experiment" and a "sign of despair" for a powerful nation like the US, says Australian filmmaker Geoffrey Wright. Wright's conviction about bringing alive a "Romper Stomper" mini-series 25 years after the cult film on racism stormed its way across Australian cinema screens, strengthened, he says, with Trump's political ascent.


BLS International launches accelerator to nurture Indian start-ups

BLS International launches accelerator to nurture Indian start-upsNew Delhi, Aug 21 (IANS) BLS International Services Ltd, one of the world's largest specialist service providers for outsourcing of visa and consular services, on Tuesday kick-started BLS Accelerator -- a start-up nurturing programme to help innovative business attain the right mentoring and scale. Delhi-based BLS International plans to invest up to Rs 5 crore in the programme by the end of this year. BLS Accelerator will support early stage start-ups with up to Rs 50 lakh seed funding, along with mentoring in areas such as technology, upgradation of citizen services, product ideation and development, and go-to-market strategy.


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