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Latest Articles in msmes

PayPal, IIFT Launches India Digital Trade Facilitation Forum To Empower India’s MSME Exporters

The IDTFF will serve as a platform to address export issues, while equipping small businesses with the necessary tools to expand their consumer base and reach a global audience.

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Trade Body Asks CM To Fulfil Needs Of Coimbatore, Submits Memorandum

With the region comprising Coimbatore, Tirupur, Erode and Karur and they being major textile hubs, the State government should get one of the seven mega textile parks sanctioned by the Centre

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SBM Bank India Ties Up With Lendingkart To Offer Overdraft Facility For Working Capital To MSMEs

With this collaboration, the Indian MSMEs being catered to by Lendingkart can avail the unique overdraft facility powered by SBM Bank India on the Lendingkart platform

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Reliance Retail Acquires Sole Control Of Just Dial

RRVL acquired 1.31 crore equity shares of Rs 10 each of Just Dial at a price of Rs 1,020 per equity share from VSS Mani, founder and chief executive of Just Dial, in a block deal.

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FM Launches Ubharte Sitaare Fund; Says Modi Govt Has Created Supportive Ecosystem For Msmes

Sitharaman further said MSME businessmen will not have to undertake an audit for submission of their accounts. 'The government has faith in them, and they can self-attest their accounts and certify them,'

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Bigger Corporates Can Surely Play A Pivotal Role In Inclusion Of MSMEs: Anoop Bali, TFCI

In an interview with BW Businessworld, Anoop Bali - Executive Director & CFO, TFCI Ltd, talks about MSMEs and more

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Comm Sec Pitches For Expanding Gem To Help MSMEs

The commerce ministry launched GeM in August 2016 with the objective of creating an open and transparent procurement platform for government.

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SIDBI Launches Swavalamban Challenge Fund To Promote Entrepreneurship Culture In India

SCF shall provide financial support to non-profit organizations/educational institutions/social startups which have focus on sustainable livelihood, financial inclusion, and access to financial services besides promoting the culture of entrepreneurship in the country.

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SAP India Bets On Internet-Led Businesses To Boost Growth In India

SAP Indian Subcontinent President and Managing Director Kulmeet Bawa said that while the environment has been extremely volatile because of the pandemic, there has also been a fast-paced adoption of digital.

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Indian Govt Needs To Do More To Convince Banks, NBFCs To Lend To MSMEs: AIIB Senior Economist

The whole world is turning more protectionist and it is going to have long-term impact on the global recovery, he emphasised.

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UCO Bank Net Profit Jumps Over 4-Fold To Rs 102 Cr In Q1

Interest income during the quarter fell 2.5 per cent to Rs 3,569.57 crore, while income from other sources rose 25.3 per cent to Rs 969.51 crore.

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Proposed E-Commerce Norms Can Hit Consumer Interest, Increase Compliance Burden For Firms: IAMAI

The Internet and Mobile Association of India (IAMAI) said the proposed amendments raise several concerns and ambiguities from an e-commerce business standpoint, which are also likely to have unintended negative consequences for consumers.

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The Draft E-Commerce Rules Could Disrupt 6.3 Crore MSMEs Across India

The amendments in the rules seek to ban flash sales, bring logistics providers into e-commerce ambit, put an entry barrier on entering marketplace models and more importantly push consumers to offline markets for purchase.

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BRICS To Hold Trade Fair, MSME Roundtable

BRICS Members agreed to take forward India's proposals to finalise them before the BRICS Trade Ministers meeting to be held on 3 September 2021, to be chaired by Piyush Goyal, the Commerce and Industry Minister

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Indian Sellers Collective Calls For Stringent Anti-Competition E-Commerce Policy And A Greater Role For CCI To Regulate Industry And Protect Interest Of Small Businesses

E-commerce laws in the country are not clear but competition laws which apply to every business, irrespective of size and nature, are clear and can be used to rein in e-commerce firms flouting the rules.

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