Three years into Prime Minister Narendra Modi’s term, one clear sign of the acchhe din we were promised is that the Indian economy is expected to emerge as one of the leading economies in the world and is geared to reach $5 trillion by 2025. One of the key drivers of this socio-economic gro…
Tag: SME
BSE small-cap gives 72% return, sensex 34% in 3 years
With 72 per cent return to investors, S&P BSE SmallCap index has outperformed the sensex and large-cap indices in the three-year period ended May 31. While the small-cap index of the BSE has given a return of 72.11 per cent, S&P BSE SmallCap Select index, which is a measure of the perform…
IDB Capital targets SMEs with Sh1.5b Indian credit line
IDB Capital has unveiled a Sh1.5 billion line of credit to small and medium enterprises seeking to fund machinery imports under an India-funded scheme. Managing Director Karen Kandie told, that SMEs with healthy balance sheets seeking to meet market demand or upgrade their machinery to reduce ope…
Need to strengthen loan restructuring mechanism: Meghwal
New Delhi: The loan restructuring mechanism should be bolstered if the government were to get a firm grip on bad loans, said Minister of State for Finance Arjun Ram Meghwal. “We need to strengthen the loan restructuring mechanism… it will, along with various other measures taken by bo…
IndusInd Bank to raise $225 m to support MSMEs in India
The IndusInd Bank has entered into an agreement with Overseas Private Investment Corporation to raise $225 million loan to support expansion of its micro, small and medium enterprise lending programmes across India. At least 25 per cent of the proposed facility will support women entrepreneurs an…
Coimbatore to host discussion on GST impact on SMEs
A panel discussion on GST and its impact on small and medium enterprises is scheduled in Coimbatore on June 9. The objective of this discussion is to educate SMEs on the Goods and Services Tax (GST), its implications and opportunities. With just three weeks left for the roll-out of the tax regime…
BSE SME IPO index surges 53%, outperforms broader market
Mumbai: Shares of companies that listed in the one year ending 2 June on the BSE’s platform for small and medium enterprises (SMEs) have gained more than those that listed on the main exchange, data shows. The S&P BSE SME IPO index gained 52.85% in the year ending 2 June while the BSE IPO ind…
साप्ताहिक राशिफल (5 – 11 जून) | जानिए कैसा रहेगा इस हफ्ते आपके लिए कारोबार
भारतीय ज्योतिष में बारह राशियों व् नव ग्रहों की स्थिति के अनुसार वर्तमान स्थिति व् भविष्य की घटित होने वाली परिस्थितियों की संभावनाओं को जानने का प्रयास किया जाता रहा है। स्थूल रूप से जानने के लिए गोचर में विचरण करने वाले ग्रहों का अध्ययन किया जाता है। इसी प्रयास स्वरूप, …
Retailers Association of India sets up GST helpdesk
Chennai: Retailers Association of India (RAI) has set up a desk to help its members understand GST. Through the helpdesk, member retailers across the country can resolve their queries by subject matter experts and facilitate a smoother transition to GST. Members can reach RAI on its website (http…
GST will make Indian retail sector more efficient: Walmart India
GST is not just a tax reform, it is a whole new way of doing business. For example, right now industry faces some bottlenecks around the country, at check posts, octroi-payments and therefore the amount of time that the trucks have to wait & hence there lack of easy movement of goods from one…