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Reduce minimum float for SME listing | I-Bankers

Investment bankers for SMEs (Small and Medium Enterprises) want to lower the minimum percentage of shares going public to 10 per cent of equity, from 25 per cent now. Going public is the act of listing certain number of shares on an exchange. Experts believe that, at present, the funding need of …

FICCI-MRSS report suggests 5-point agenda to boost MICE tourism

NEW DELHI, 19 May 2016: Of the various forms of tourism that exists in the globe, Meetings Incentives, Conferences Exhibition (MICE) is the one which has shown the maximum potential across the globe. Ever since the inception of the concept in Europe and America almost a century back, the MICE ind…

Single tax across India will promote local manufacture | MAIT

The Manufacturers’ Association for Information Technology (MAIT) has suggested that the government should have proper taxation system within the country to promote local manufacture. MAIT, India’s premier ICT hardware industry association, unveiled their report “Policy Interventions f…

India moots framework for SME sector cooperation in BRICS

India is working on a mechanism to boost cooperation amongst Small and Medium Enterprises in the five-nation BRICS to promote joint ventures and share expertise on strengthening the sector. New Delhi, which holds the Presidency of the BRICS this year, is drafting a framework for a joint growth st…

Allowing mortgage of Patents, TMS will help MSMEs raise funds| IPR experts

To allow mortgage of Patents and Trademarks would help the MSME particularly the start-ups who have nothing in the name of physical assets but the IPRs which holds huge financial potential, said an expert. IPR policy will not only incentivise entrepreneurship and innovation in the country, but wi…