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MSME

Nirmala Sitharaman likely to launch UPI-based lending facility for MSMEs on March 6

Nirmala Sitharaman likely to launch UPI-based lending facility fo...

Mon, Mar 03, 2025

As part of this facility, MSMEs will be able to borrow funds based on their digital transactions.

Union Budget 2025: PHDCCI reaction on the budget

Union Budget 2025: PHDCCI reaction on the budget

Sun, Feb 02, 2025

See here what D.P Goel, C0 chair MSME Committee, PHDCCI said on the budget.

Union Budget 2025: Credit Boost For MSMEs, higher investment and turnover limits unveiled

Union Budget 2025: Credit Boost For MSMEs, higher investment and...

Sat, Feb 01, 2025

Union Finance Minister Nirmala Sitharaman on February 1st came out with good news for the Micro, Small and Medium Enterprises (MSME's) in India. Sitharaman in her eighth budget speech stated that the credit guarantee cover limits and provisions for the sector are going to be enhanced.

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SBI, Capri Global Capital together to boost MSME lending in India

SBI, Capri Global Capital together to boost MSME lending in India

Mon, Nov 29, 2021

SBI has entered into a co-lending arrangement with Capri Global Capital Limited (CGCL).

Union Minister Narayan Rane launches Credit Linked Capital Subsidy Scheme for services sector

Union Minister Narayan Rane launches Credit Linked Capital Subsid...

Sat, Nov 20, 2021

Union Minister Narayan Rane on Friday launched the Special Credit Linked Capital Subsidy Scheme for the services sector.

Sidbi, Google tie-up to support MSMEs

Sidbi, Google tie-up to support MSMEs

Thu, Nov 18, 2021

Sidbi on Thursday said it has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates to MSMEs

BSE, AIMA MSME sign MoU to promote listing of SMEs, startups across India

BSE, AIMA MSME sign MoU to promote listing of SMEs, startups acro...

Thu, Nov 11, 2021

"Through this MoU, AIMA MSME shall assist BSE in evaluating SMEs and startups for listing in BSE SME board while also sensitizing its investor network for investing in listed SMEs."

Why emphasis on manufacturing firms in MSME sector is imperative to transform Indian economy - Expert explains

Why emphasis on manufacturing firms in MSME sector is imperative...

Tue, Nov 09, 2021

MSME manufacturing firms have been imperative to the growth of the Indian economy.

PM Narendra Modi lauds creation of 1 lakh jobs by MSMEs in Manipur

PM Narendra Modi lauds creation of 1 lakh jobs by MSMEs in Manipu...

Sat, Oct 30, 2021

Prime Minister Narendra Modi has lauded creation of 1 lakh jobs by MSMEs in Manipur on Saturday.

PNB offers loans for MSMEs under Seva Scheme - Know important details

PNB offers loans for MSMEs under Seva Scheme - Know important det...

Fri, Oct 29, 2021

The Punjab National Bank (PNB) has recently informed about the PNB Seva Scheme which can aid one to grow their businesses.

Buy Now Pay Later: Flipkart Wholesale and Rupifi partner for offering Embedded BNPL to MSMEs- Check details

Buy Now Pay Later: Flipkart Wholesale and Rupifi partner for offe...

Thu, Oct 21, 2021

Flipkart Wholesale and Rupifi have announced their partnership for offering Embedded Buy Now Pay Later (BNPL) to the MSMEs shopping on Flipkart Wholesale.

Kerala mulls online platform for products of Kudumbashree, MSME units

Kerala mulls online platform for products of Kudumbashree, MSME u...

Mon, Oct 18, 2021

P. Rajeev, State Minister for Law, Industry, and Coir said the Kerala government is working on the idea of starting an online platform to deliver products manufactured by Kudumbashree and other Micro, small, and medium production units.

NFRA has no jurisdiction over small, medium cos; no direct nexus between quality, cost of audit: ICAI

NFRA has no jurisdiction over small, medium cos; no direct nexus...

Sun, Oct 10, 2021

Coming out strongly against certain recommendations made by the National Financial Reporting Authority (NFRA), chartered accountants' apex body ICAI has said the watchdog does not have jurisdiction over micro, small and medium companies.

Credit guarantee scheme for MSMEs extended till March 31

Credit guarantee scheme for MSMEs extended till March 31

Mon, Oct 04, 2021

The government has extended the Credit Guarantee Scheme for Subordinate Debt (CGSSD) for stressed MSMEs till March 31, 2022. The scheme was launched on June 24, 2020.

Employees of this firm to get 12 days break this festive season - Here is why

Employees of this firm to get 12 days break this festive season -...

Mon, Oct 04, 2021

Saraf Furniture has announced Reset & Recharge Policy as a pre-festive gift for its working staff.

MSME digital court launched to resolve small businesses' disputes

MSME digital court launched to resolve small businesses' dis...

Mon, Oct 04, 2021

A slew of development schemes have been announced in order to increase the sector’s contribution to GDP to 50%.

Lagnam Spintex migrates from NSE Emerge to main board of NSE

Lagnam Spintex migrates from NSE Emerge to main board of NSE

Wed, Sep 29, 2021

Lagnam Spintex said that the Company has received approval from the National Stock Exchange of India Limited on Tuesday, 28th September 2021 for the migration of 17669000 equity shares from the SME Emerge platform to the Capital Market Segment (Main Board) of National Stock Exchange of India Limited w.e.f. September 30, 2021.

'Flipping' by startups poses security threat, says SJM

'Flipping' by startups poses security threat, says SJM

Sun, Sep 26, 2021

Flipping means a transaction where an Indian company incorporates a firm in a foreign jurisdiction, which is then made the holding company of the subsidiary in India. The most favourable foreign jurisdictions for Indian companies are Singapore, the United States and the United Kingdom

Retail startup Gobbly raises Rs 7.2 cr from investors for expansion

Retail startup Gobbly raises Rs 7.2 cr from investors for expansi...

Tue, Sep 14, 2021

Agility Ventures and other notable angels like Kunal Shah (Cred), Anupam Mittal (People Group), Jitendra Bhandari (Nic Naturals), Sameer Chugh(Mosambee), and Mihir Agarwal (Ex PE professional and Entrepreneur) also participated in the round

AMNS India, NSIC ink MoU to provide critical steel products to MSMEs

AMNS India, NSIC ink MoU to provide critical steel products to MS...

Mon, Sep 13, 2021

"AMNS India and NSIC join hands to revive MSMEs. AMNS India and NSIC teams will develop a network which will deliver critical products to the hard-hit MSME segment," the statement said

NARCL debut would lead ARCs to scout for stressed assets in MSME, retail space: Crisil

NARCL debut would lead ARCs to scout for stressed assets in MSME,...

Mon, Sep 13, 2021

It can be noted that Finance Minister Nirmala Sitharaman had in her Budget speech for 2021-22 announced the creation of NARCL or bad bank to resolve large cases of stress, and is now closing fruition

CITD obtains PATENT for 'Anaar' firework making machine; this MSME Tool Room nade joint application with Sivakasi-based Standard Fireworks Pvt Ltd

CITD obtains PATENT for 'Anaar' firework making machin...

Sun, Sep 12, 2021

Hyderabad-based Central Institute of Tool Design (CITD) has obtained a patent for making an automatic machine for the production of conical-shaped fireworks or 'Anaar', the MSME ministry has said

Small Business - SIDBI sanctions Rs 524 cr for upgradation of MSMEs in Tamil Nadu

Small Business - SIDBI sanctions Rs 524 cr for upgradation of MSM...

Sun, Aug 29, 2021

The funds would be utilized to execute projects including setting up of precision engineering cluster in Kancheepuram, e-vehicle component cluster in Coimbatore, a medical equipment industrial park in Oragadam near Chennai among others

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