More than two thirds of small and medium enterprises (SMEs) have seen a drop in business manly due to currency crunch, reveals a survey. According to a media report, a survey conducted by State Bank of India (SBI) among small businesses pointed that more than two-thirds of them have seen a drop i…
Tag: SMBs
SMBs not ready for GST, delay roll out till September: CAIT
Traders association Confederation of All India Traders (CAIT) made a case for delaying the roll out of Goods and Services Tax (GST) regime to September 1 as small businesses are not yet prepared for it. Nearly 70% of small businesses in the country are yet to adopt digital technology in their bus…
K’taka MSMEs urge CM to reduce lease period for land allotment
Karnataka Cabinet has passed an amendment to the Karnataka Industrial Areas Development Board (KIADB) rules on land allotment by withdrawing the 99-year lease clause for allotment to industries. After the decision, the clause of 99 years for allotment of land or plots to industries and infrastruc…
NIELIT to train small traders in digital payments
National Institute of Electronics and Information Technology (NIELIT) launched a programme to train small and medium traders in various modes of digital payments. NIELIT, under the Ministry of IT and Electronics, would conduct the programme through five regional workshops, 30 state workshops and …
Roposo enables SMBs, sellers & brands to expand their reach exponentially
With over 4,200 already on board, Roposo-India’s favourite fashion social network is quickly becoming the hub for small sellers including home-sellers, offline boutiques, and many others selling niche fashion and lifestyle products. Roposo’s unprecedented reach and popularity has helped expand th…
TN needs to create robust environment for start-ups: Report
It is need of the hour for the Government of Tamil Nadu to create a favourable environment for start-ups, a report has said. “Business transformations are driven by digital advancements, introducing disruptive products and services for enhancing customer experiences. India has witnessed a s…
Google zeroes in on cloud offerings
With the Indian cloud computing market becoming increasingly competitive, Google is sharpening its focus on India for its Google for Work, a set of cloud-based offerings for enterprises, to raise productivity and internal collaboration. According to the company, India has become one of the fastes…
Xerox unveils affordable device for SMBs
Xerox has launched an affordable colour multifunction device for Small and Medium size Businesses (SMBs). The DocuCentre SC2020 equipped with Xerox colour printing technologies is an A3 multifunction device designed to expedite print jobs. It has easy to understand touch screen and mobile access …
PayU India plans to double value of processed transactions to $1 billion per month
Financial technology arm of Naspers, PayU India, said its payment gateway business plans to double the total value of transactions processed, to $1 billion per month in the next one year, backed by boost in volumes from offline and online partnerships. “Striking partnerships is critical to …
HP eyes big booster shot from govt’s digital drive, SMEs
With the impetus of the government on digitisation of its departments and small and medium businesses aiming to be more productive and secure at an affordable price point, there is a growing need for products and services that offer good design, speed, productivity and security. This is what glob…