Insurance penetration in SME sector is very low, so it offers high potential for growth. At present, contribution from this key sector to ICICI Lombard’s business mix is not significant
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Manufacturing sector is showstopper here as #BSESMEExchange listing all set to touch 200 mark
Manufacturing sector tops the chart with around 40 per cent companies forming the listings out of the total 194 companies, closely followed by services sector having around 36.6 per cent share in the listings on the SME bourse
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Online platform in offing for easier access of MUDRA loans to micro units
Online platform will also use analytics to provide lenders with more information about micro borrowers
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NASSCOM planning to setup India’s 2nd Centre of Excellence in Gujarat
Indian Information Technology industry catalyst National Association of Software and Services Companies (NASSCOM) has unveiled a new plan to further boost nation’s IT sector by setting up its second Centre of Excellence, this time in Ahmedabad, Gujarat. The centre is expected to foster around 100…
NetApp Excellerator shortlists 6 B2B start-ups to grant $15k alongwith mentorship
NetApp plans on 2 cohorts in a year; 6 start-ups shortlisted in first cohort to now undergo 4-month mentoring programme and receive $15,000 grant, too
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Logistics start-up Ecom Express bags Rs 192 cr from Warburg Pincus
End-to-end logistics solution provider Ecom Express has bagged a whopping Rs 192 crore funding in a new round from its existing investor Warburg Pincus. “We have been aggressive on our growth plans and intend to achieve our strategic goal of extending full state coverage to 23 states and cover 80…
Emraan Hashmi reveals his tech side, expresses willingness to invest in IT start-ups
Adding on to the list of big names backing start-ups and revealing his tech-geek side, Bollywood actor Emraan Hashmi has expressed his willingness to invest in new ideas and start-ups. “I would love to make investments in any new idea. I am all for making investments in start-ups just like other …
FIEO pushing SMEs to hike India-Singapore trade to $25b by 2019-20
In line with the increasing bilateral trade between India and Singapore, Apex exports institution – Federation of Indian Export Organisations (FIEO) is gearing up to boost the participation of small and medium-scale manufacturers and retailers in the trade relation of the two nations. While speak…
BSE SME on-boards 193rd co – An addition to already tall index of manufacturing scrips
The latest listing of ANG Lifesciences is a further addition to the lead-taking sector. As a matter of fact, ANG is preceded by yet another manufacturing company – Shish Industries
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SBI Chief urges SMEs to take the equity route for bagging funds
She also encouraged SMEs to up their game in global market and compete with cheap Chinese products by way of quality production, packaging and services
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