Akshat Hawelia

The Department for Promotion of Industry and Internal Trade (DPIIT) and Johnson Controls-Hitachi Air Conditioning India Ltd. have inked a Memorandum of Understanding (MoU) to build an incubator to assist businesses in Gujarat that are focused on manufacturing. In terms of Johnson Controls-Hitachi Air Conditioning India's dedication to fostering innovation and bolstering the nation's manufacturing environment, this is an important turning point.

Corporate gifting has become an important tool for building relationships, expressing gratitude, and improving brand image in the fast-paced world of business. Whether it's for employees, clients, or partners, the right gift can make a lasting impression. Companies that specialize in corporate gifts have increased dramatically in India, a country with a long history of gift-giving and a rapidly expanding corporate sector.

A new venture capital fund with a target size of INR 250 crore has been established by LC Nueva Investment Partners, a collaboration between Lighthouse Canton in Singapore and Nueva Capital in Delhi. With a greenshoe option of INR 100 crore, the new LC Nueva Momentum Fund would aim to reach a target size of INR 150 crore. The VC fund will concentrate on making investments in ten to fifteen businesses that are in the Series A and B funding stages.