Micro, Small and Medium Enterprises (MSMEs) need to adopt strong tech-enabled business models and processes to make them more efficient and achieve global competitiveness in the quest to become digital, said a top SAP India executive in an interview to IANS. At a time when large corporates as wel…
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‘GST is a key catalyst for India’s fintech revolution’
Indian businesses have used a pen-and-paper mechanism for keeping records for over 60 years now, and GST has toppled the proverbial apple cart in a big way. Small businesses who have never used an invoicing or return-filing software before now have to use digital solutions.
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IIM-L & HPCL come together to incubate energy sector start-ups
The MoU ties-up the two organisations to incubate domestic energy sector start-ups and facilitate with seed funding. 12 short-listed start-ups, after the screening of earlier received 150 applications, have pitched their innovative ideas to the steering committee constituted for this purpose
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Govt seeks huge MSME participation to ‘Make in India’ with defence
Government organizing two-day event in New Delhi to engage large number of MSMEs in defence manufacturing, will inform units about necessary equipments of Indian Army
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GST impact: Here’s how Govt is easing compliance burden of small biz
Intimating and cancelling provisional migration under GST gets timeline extension; Revenue Secretary Hasmukh Adhia informs small businesses about extension through tweets
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Trend Alert: B2B start-ups to take an edge over B2C, says Mohandas Pai
Business to Business (B2B) start-ups are observing an upward trend in the funding space given the growing demand for backend service support in the business ecosystem, said Mohandas Pai at a panel discussion of ‘BizLab Takeoff 2017’ organised by Airbus BizLab in Bengaluru. Pai, who is the Co-Foun…
How RBI can empower NBFCs to face challenges
A survey conducted across 540 SMEs by the Firstbiz and Greyhound Knowledge Group in 2016 reports, that over 500 SMEs in this country found ‘lack of easy finance and credit instruments’ to be their most critical challenge.
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Startup India Hub to pave a direct path for fund seeking start-ups
The virtual hub to soon function in 6 more languages, will host an all-stakeholders event in August, 2017
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Mudra loans set to top Rs 2L cr in FY18; WB, TN, Bihar biggest recipients
Nearly four million small entrepreneurs, involved in diverse businesses ranging from neighbourhood grocery stores to micro dairy units and carpentry services, availed loans up to Rs 10 lakh in 2016-17 through the scheme.
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FISME & SIDBI lay track to accelerate MSE procurement in Railways
FISME urges for 100% reservation on development orders for new firms with reduction in registration fee, SIDBI to jointly work with industry associations to disseminate information about the opportunities for MSMEs to work with Railways
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