Assuring Prime Minister Narendra Modi of India Inc’s full support in the fight against black money and corruption, the ASSOCHAM on November 17 said though the short-term hardship will lead to long-term cleaning up of the economy, some immediate relief should be considered for the industry, …
Tag: SME
Currency Ban Impact | Centre mulls over lenient rules on loan classification to alleviate SME stress
Given the stress in industry following the shortage of cash, banks may be allowed to classify loans as standard assets even if interest payments are overdue by more than 90 days. This forbearance by the central bank would be allowed particularly for companies in the Small and Medium Enterprise (S…
Govt may consider separate banking windows for labour-intensive units
As bank branches across the country struggle to meet the surging demand for cash, the government is looking at options that include opening a separate banking window for labour-intensive industrial units in sectors such as textiles and construction to enable them easier access to cash to make wor…
Support SMEs to boost India’s exports: President Pranab Mukherjee
President Pranab Mukherjee on November 8 said the Centre needs to ensure that India’s exporters, particularly those in the Small and Medium Enterprises (SME) segment, are adequately supported through appropriate policy interventions to help them tide over the present downturn. India’s exports had…
Why SMEs co-operation between India & UK is need of the hour?
Great Britain’s Prime Minister Theresa May’s much hyped 3 day visit to India is likely to be most watched for SMEs from both sides. As expected, India and the UK inked two MoUs on increasing cooperation in fields of intellectual property rights (IPRs) and ease of doing business. The priority ini…
One of our major focus areas is the ever growing SME segment in India: Canon India
Canon, the leader in imaging solutions has witnessed many enhancements and achievements in the last few years. It’s BIS division has also grown massively over the years. K Bhaskhar, Vice-President, Business Imaging Solutions (BIS), Canon India shares about the journey of Canon BIS division, growt…
Cloud computing will help SME growth in India, over-regulation may hurt growth
Crashed servers, corrupted files, missing emails There is no dearth of issues that give nightmares to India’s SME businesses. Though India has around 47 million small businesses, only one percent are online mainly because of the huger upfront initial investment required to setup the IT infrastruc…
SME initial share sales surge in FY17
Mumbai: For small and medium enterprises (SMEs), this is clearly the year of initial share sales. In just the first six months of 2016-17, SMEs have already raised Rs368.15 crore through initial public offers (IPOs), more than in any full financial year, data from primary market tracker Prime Dat…
LinkedIn exclusive: Why SMEs have the advantage when it comes to talent
Start-ups and SMEs have become the hottest places to work. In fact, we at LinkedIn found a huge 87 per cent of the country’s professionals are attracted to the idea of working for a small business and this sentiment is even stronger amongst the youngest generation of workers. But, what can smalle…
Indian ICT SMEs seek collaboration in Singapore & Vietnam
Indian Small and Medium Enterprises (SMEs) in the ICT space are seeking collaborations with companies in the same fields in Singapore and Vietnam to set up manufacturing bases there and jointly develop products for the global markets. “We are exploring collaborations with SMEs in informatio…