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Zoho to offer software at a discount rate for serving MSMEs
Tue, Jun 25, 2019
Software firm Zoho on Tuesday said it would offer its software at a discount rate to help improve digital literacy as part of the company's plan to serve MSMEs.
Budget 2019 may keep status quo on angel tax for startups
Tue, Jun 25, 2019
The Union Budget on July 5 was likely to maintain a status quo on angel tax for startups, sources said and added the problematic issues were taken care of in February this year.
Firms using GST softwares to increase in future: CEO Logo Infosoft
Sun, Jun 23, 2019
Logo Infosoft sees more firms using GST softwares in near future. The company expects India to become their largest market in the next 2-3 years riding on a projected boom for Goods and Services Tax (GST) management solution market, a top company official said- according to a PTI report.
SIDBI joins hand with Incuspaze to push co-working chain in India
Wed, Jun 12, 2019
SIDBI announced its collaboration with Incuspaze to support entrepreneurship by providing MSEs and startups a well-equipped and well-managed space to meet their office requirements.
Budget 2019 Expectations: Startups' wishlist for Finance Minister Nirmala Sitharaman
Wed, Jun 12, 2019
The government needs to put in place measures such as training hubs for entrepreneurs across India to ease the flow of capital, regulatory compliance and more in Budget 2019.
Small Business: For critical MSME sustainability issue, fintech, PSUs are the key
Tue, Jun 11, 2019
Micro, Small and Medium Entreprises (MSMEs) have been facing sustainability crisis, especially after the IL&FS crisis as their lone credit line source NBFC have dried up.
Budget may consider sops to MSME export units
Mon, Jun 10, 2019
The interim Budget had not announced any incentives for the MSME sector. The sector had received maximum damage on unemployment of consumption fall due to introduction of the Goods and Service Tax (GST) and demonetization.
Promoting MSMEs in developing countries will help create jobs, income: Piyush Goyal
Sun, Jun 09, 2019
"Deviation from this fundamental objective is the main reason for increasing disparities within and across nations. Even today a large number of nations are still struggling to effectively integrate in the global trading system, which raises doubts about their efficacy," Goyal said.
Nitin Gadkari says MSME ministry will work towards promoting economic growth, create jobs
Tue, Jun 04, 2019
The MSME ministry will work with its commerce counterpart to identify goods being imported by India and look at the possibility of manufacturing them here by MSMEs.
MSME sector expects cheaper finance, incentives in Budget
Mon, Jun 03, 2019
Hit by the triple whammy of delay in GST refunds, unfavourable forex and end of trade privilege to Indian firms, the micro, small and medium enterprises (MSME) sector wants the government to offer incentives in the upcoming Union Budget so that it can cope with the tough times.
SME key reforms: Streamlining of taxes, ease of regulation, skilled labour can really benefits small businesses - Here is how
Fri, May 31, 2019
The Skill India programme was a good initiative and now it needs to reach out to more number of units.
Modi Cabinet 2.0-MSME wishlist: Top 5 demands of segment to boost growth
Thu, May 30, 2019
Modi 2.0 brings hope for MSME sector. Modi government has had its focus on the development of MSMEs and assisting homegrown entrepreneurs during its first tenure and now, it is expected to go on in similar fashion.
Startup India: Top four major steps Modi government can take to boost MSMEs
Tue, May 28, 2019
From improved financing to improved image, MSMEs have served up a list of demands that can help them to a large extent, say industry insiders.
NBFCs facilitate income regulation of MSMEs, help in shaping economy : Vivek Tiwari, CEO, Satya MicroCapital Ltd
Mon, May 06, 2019
The coming years will see more innovation in NBFCs with investments in the digital technologies, which will help MSMEs operate better.
Exclusive Interview: MSME has potential to create globally competitive business for India, says Sanjay Sharma MD of Aye Finance
Fri, Mar 29, 2019
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic section for the Indian economy. With BJP-led NDA government's various reforms, the sector has been boosting entrepreneurship.
What is MSME? How are they defined
Tue, Mar 26, 2019
Micro-Small and Medium Enterprises (MSMEs) are small sized or small scale business entities that are classified as per their size of investments.
Good news for MSMEs! This private bank becomes first to join psbloansin59minutes.com, offer Rs 1 crore loan in 59 minutes
Mon, Mar 11, 2019
Kotak Mahindra has become the first private sector lender to join the platform psbloansin59minutes.com.
PSBloansin59minutes.Com: Punjab National Bank sanctions loans worth Rs 689 crore to 1,600 MSMEs
Sun, Mar 10, 2019
It is a strategic initiative of SIDBI led PSB consortium incubated under the Department of Financial Services (DFS), Ministry of Finance. Other partner banks are the SBI, Bank of Baroda, PNB, Vijaya and Indian Bank.
MSMEs created 14% more jobs in last years, says CII survey
Fri, Mar 08, 2019
According to a CII survey among over 1 lakh MSMEs, there has been a 13.9 percent increase net jobs additions (or 3,32,394 new jobs created), over the past four years, which is a 3.3 percent increase per annum in these four years.
Multi-dimensional interventions required to boost SMEs sector: Govt
Tue, Mar 05, 2019
The Ministry of Finance and the Ministry of Micro, Small and Medium Enterprises, along with several other ministries, are taking steps to enable growth of various industries, clusters of SMEs.