Insurance penetration in SME sector is very low, so it offers high potential for growth. At present, contribution from this key sector to ICICI Lombard’s business mix is not significant
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Tag: SME News
Manufacturing sector is showstopper here as #BSESMEExchange listing all set to touch 200 mark
Manufacturing sector tops the chart with around 40 per cent companies forming the listings out of the total 194 companies, closely followed by services sector having around 36.6 per cent share in the listings on the SME bourse
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Online platform in offing for easier access of MUDRA loans to micro units
Online platform will also use analytics to provide lenders with more information about micro borrowers
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Govt proposal to scrap loan licensing in draft pharma policy triggers SME concerns
The draft pharma policy’s plan to do away with loan licensing would lead to revenue loss for SMEs, disrupt the supply chain and make installed capacities redundant, says industry
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NASSCOM planning to setup India’s 2nd Centre of Excellence in Gujarat
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…
NetApp Excellerator shortlists 6 B2B start-ups to grant $15k alongwith mentorship
NetApp plans on 2 cohorts in a year; 6 start-ups shortlisted in first cohort to now undergo 4-month mentoring programme and receive $15,000 grant, too
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How fintech start-ups can help banks bridge SME lending gap in India
A major challenge that could stymie SME sector growth is the lack of adequate and timely funding
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Retrenched techies not keen on stagnant IT start-up sector in Hyderabad
According to a report, about 25,000 techies from Hyderabad alone were retrenched due to IT slowdown
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Here’s how to build a digital data driven smart factory & boost Make in India goals too
Digital technologies are transforming our world. We are seeing feverish adoption of mobile internet, cloud technology, digital payments, and digital identity—technologies that will define and develop a robust digital footprint. While some of the large businesses in India have been quick to transi…
Logistics start-up Ecom Express bags Rs 192 cr from Warburg Pincus
End-to-end logistics solution provider Ecom Express has bagged a whopping Rs 192 crore funding in a new round from its existing investor Warburg Pincus. “We have been aggressive on our growth plans and intend to achieve our strategic goal of extending full state coverage to 23 states and cover 80…