ICICI Bank, India’s largest private sector bank, today announced the launch of the country’s first contact less business credit card in association with Jet Airways, India’s premier international airline, for small and mid-sized enterprises (SMEs) and their employees. Christened ‘Jet Airways ICIC…
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Tamil Nadu IT retailers join to create impact in business
Kovalam, May 9: The new team of Confederation of IT association, the Tamil Nadu based IT retailers association, has concluded their summit here with the new team headed by Balasubramanian assumed charge. The event was organized at a private resort among 500 odd IT retailers and system integrators…
Cost of Microcredit will decline soon | PSN Murthy, AGM, MUDRA
Mumbai, May 9: “The Past models of microfinance companies were all brick and mortar based on branches and self-help groups. The future could be disruptive with past success being no guarantee of future survival. Interest rate (for microcredit) is expected to fall to 15% in the next five years fro…
SME platform: 30 IPOs lined up in next few months
As many as 30 small and medium sized firms are looking to list themselves on the BSE’s SME platform in the next few months, Ashish Chauhan, Managing Director & CEO, BSE, has said. “There is a lot of positivity coming in business in the current economic environment. At least 30 IPOs are lined …
Provide hassle-free services to entrepreneurs | Kalraj Mishra to banks
Union Minister for Micro, Small and Medium Enterprises (MSME), Kalraj Mishra, on Sunday urged banking sector to create entrepreneurship culture by providing hassle-free services to start-ups. Speaking at a daylong workshop on Prime Minister’s Employment Generation Programme (PMEGP), Mishra said b…
Govt eases garment export incentives
Concerned over stagnating garment exports, the Union ministry of commerce has removed restrictions under the Incremental Exports Incentivisation Scheme. The Directorate General of Foreign Trade, in a notification, allowed regional authorities to process cases in this regard without imposing any c…
Government broadens the ambit of MEIS to enable ease of doing biz for exports
The government has broadened the ambit of its Merchandise Exports from India Scheme (MEIS) and scrapped a requirement for exporters to submit landing certificates of goods to avail of benefits under the MEIS, as it steps up efforts to improve the ease of doing business and reverse a slide in the …
Union MSME Minster Kalraj Mishra appreciates JK govt for PMEGP implementation
Appreciating the work of State Government in Prime Minister’s Employment Generation Programme (PMEGP) during 2015-16, the Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra on Sunday, May 08 said that 23,140 people of Jammu and Kashmir were employed in 3,772 PMEGP units a…
DIPP will issue new UBIN shortly for budding entrepreneurs | DIPP Secretary Ramesh Abhishek
“Department of Industrial Policy & Promotion (DIPP) has begun an exercise for issuance of Unique Business Identification Number (UBIN) for budding entrepreneurs to start off their new businesses without any delay”, said its Secretary, Ramesh Abhishek here on today. While delivering his remark…
Cloud telephony company Knowlarity acquires customer engagement platform Smartwards
New Delhi, May 9th 2016: Knowlarity Communications, Asia’s leading cloud telephony company, announced the acquisition of Delhi-based Smartwards, a customer engagement platform that simplifies loyalty for local businesses and their customers. As part of the move, Shantanu Mathur and Dhanraj Singh …