By Srikanth Karunam Effectively handling contracts for Application Management Services (AMS) can be a complex and involved exercise for enterprises. The failure to capture business requirements and translate them into a well-defined scope of agreement can result in an unsuitable commercial model that may lead to disputes and grievances after the contract is awarded. In 2024, capturing precise business requirements and effectively translating them is essential to ensure a well-defined scope of agreement. By aligning technical teams from different business divisions and fostering a shared vocabulary, organizations can separate "must...

By Mehak Srivastava In the dynamic business world, securing essential capital can be challenging, especially for emerging enterprises with limited credit histories. Leveraging gold assets provides a promising solution for immediate financial empowerment. In India, with its significant gold holdings, utilizing gold as collateral for loans is a common practice, offering a secure and liquid resource for small businesses facing financial challenges. Also, with an estimated 27,000 metric tonnes of gold residing in Indian households and temples, the country views gold as a secure and liquid asset, ideal for use...

In a landmark move set to revolutionize the Deep Tech landscape, IFC and Solcon Capital have today announced a pioneering cooperation agreement. This strategic partnership is aimed at identifying and nurturing investment opportunities in the Deep Tech sector within India and South Africa, with the goal of propelling the digital economy in these burgeoning markets. Under the terms of this agreement, IFC and Solcon Capital will collaboratively work to pinpoint and provide growth capital to promising companies in the Deep Tech domain. This initiative will focus on critical areas such...

By Mr. Santosh Agarwal In recent decades, India has witnessed rapid industrialization, fueled by economic growth and globalization. Industrial parks play a pivotal role in this process, providing infrastructure and support for various industries. However, this growth often comes at the expense of environmental degradation and resource depletion. As the world grapples with the challenges of climate change and environmental sustainability, it becomes imperative for Indian industrial parks to adopt a more sustainable approach to development. This article explores the concept of sustainable development within the context of Indian industrial parks,...