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…
Tag: Jaimin Shah
SMEs’ ability to pay back goes up
In a big boost to emerging entrepreneurs and start-ups, the RBI on October 4, announced its decision allowing start-ups to raise External Commercial Borrowings (ECBs) up to $3 million or equivalent per annum. Entrepreneurs look at ECBs as a competitive source of finance as compared to domestic fu…