The SME sector is exposed to cyber crime risks. Since Spring 2015, SMEs have been overlooking the clear and present danger of cyber risks with virtually no change in insurance. CBR has revealed SME cyber crime landscape using new research from Aon Risk Solutions which states that 22 per cent of S…
News
On start-up ecosystem, Centre constitutes team for policy directives
The government has constituted a team which will assist in policy formulations for creating a conducive ecosystem for start-ups. Besides, the Centre has also appointed a consulting agency to help the team in its work, Commerce and Industry Minister Nirmala Sitharaman said in a written reply to th…
Special measures introduced for MSME exporters
CRISIL has analysed the performance of micro, small, and medium enterprises (MSMEs) for which it had undertaken renewal ratings on the basis of their 2013-14 (financial year April 1-March 31) financials. The analysis reveals that the average exports of these enterprises grew by 22.64 per cent to …
Alibaba plans to launch Hindi portal; Expected to tap 10 Million SMEs
Chinese e-commerce portal Alibaba is targeting small and medium scale space in Indian business to business segment. It is planning to empower the start-ups and to strike a partnership with the government for its signature projects like Make In India and Digital India. On Monday, Alibaba.com, a su…
Relive the era of Nawabs with Chef Soni’s Cookbook
The art of cooking flavoursome and aromatic melt-in-mouth meal that satiates your taste buds is the essence of Awadhi cuisine. The uniqueness of the cuisine lies in its deep-rooted traditional way of cooking. The khansamas in Awadh used to cook in special utensils for a very long duration. How ab…
Only strong SMEs can ‘Make in India’ possible | Kalraj Mishra
Partnership with global SME partnerships is critical for the growth of Indian SMEs as well as for the success of the Prime Minister’s visionary ‘Make in India’ initiative, MSME Minister Kalraj Mishra told a CII Global SME Business Summit in New Delhi. The importance of SMEs has been s…
MSME Ministry implements National Manufacturing Competitiveness Programme
Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the National Manufacturing Competitiveness Programme (NMCP) to develop global competitiveness among Indian MSMEs. Speaking at the Lok Sabha, Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh said the t…
SMEs should improve efficiency and think big | Arvind Panagariya | Vice Chairman NITI AAYOG
Small and Medium industries, which are main sources of employment, can expand only if the improve efficiency not depend on merely tax sops, NITI AAYOG Vice Chairman Arvind Panagariya has said. For achieving transformational economic growth, the industry particularly small and medium enterprises …
Over Rs 50 crore worth application from MSMEs in biz bridge 2015
Loan applications worth over Rs 50 cr were received from MSMEs, both existing and prospective, in the east, particularly West Bengal, at the four-day Biz Bridge 2015, the largest manufacturing and engineering exhibition and conference in the East, which ended at Milan Mela on December 6. CII will…
MSMEs may find it easier to raise funds
To ease up financing requirements for the micro small and medium enterprises (MSMEs), lenders are looking at a proposal to attach moveable properties such as existing inventories too as collateral. At present only immovable assets such as real estate are taken as guarantee. If a proposal is accep…