FM Jaitley announced slew of majors to boost MSME sector.
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Tag: SME News
Big Data Dividend For Small Business
While traditionally large enterprises had the resources to leverage data analytics, availability of visual analytics as a service has enabled small and medium enterprises (SMEs) to reap the benefits of technology. Information is the lifeline of any business and is a highly valued asset in today’s…
Warangal Durries Find A ‘Berth’ On Amazon
Warangal durries have been famous for many reasons. The famous durries or rugs are made using vegetable colours, and are washed in flowing water after the printing process. Though the number of weavers have increased over the years, sales haven’t gone up proportionally. Recently, e-commerce …
Small is BIG! Not as a business proposition but as a vote bank
Small is BIG! Literally! On the ground, it is fighting a grim battle for survival. But for its new found proponents, small is a big time opportunity. The talk here is about the small business that is currently facing unprecedented turbulence. For politicians though, this turbulence has come as a …
SIDBI to broaden scope of MSME lending portal Udyamimitra
Mumbai: SIDBI plans to broaden and deepen its scope of lending to small and medium businesses by upgrading its lending portal Udyamimitra. The upgraded portal will put in place a digital financial market place for micro, small and medium enterprises (MSMEs) to leverage the pr…
India Inc welcomes GST Council decisions, says it will provide relief to SME sector
In its third meeting since the implementation of Good and Services Tax, the GST council today delivered a much-awaited relief to taxpayers and India Inc welcomed the outcomes of the meeting. “The decisions will improve compliance,”
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Three months on, GST now good for small traders
New Delhi: India announced a significant revamp of the goods and services tax (GST) regime three months after it was rolled out, addressing key complaints, especially those of small-scale industry and exporters. The GST Council raised the composition scheme threshold to Rs 1 crore from Rs 7…
SAP ‘Leonardo’ to help Indian SMEs join digital economy: President & MD
Mumbai: With the digital India initiative firmly in place, enterprise solutions provider SAP is ready to not only enable the integration of small and medium enterprises (SMEs) into the digital economy but also help big firms bolster their networks to derive competitive advantage, a top company ex…
Tata Capital & Capital Float join hands to fund small businesses
Tata Capital has entered into an agreement with Capital Float to provide Working Capital Loans to financially under-served Small & Medium Enterprises (SMEs) in India. Tata Capital will be co-lending on Capital Float’s digital lending platform and through this relationship, both the companies …
e-Commerce platforms make way for SMEs to trade goods
Planning to simplify hurdles encountered by small vendors to display products online, many e-commerce marketplaces are providing incentives to fill the gap by delivering products and eliminating intermediaries from the SMEs (small and medium enterprises) to users. The C2C (customer-to-customer) m…