The inaugural edition of the ‘SMEpost.com – WASME Super SME Awards 2016’ will be held on July 09, at the PHD House, New Delhi. These awards have been constituted to celebrate the Success Stories of Indian SME Sector who have scored big through innovative thinking, operational efficiency, fu…
Tag: SME
Three SME IPOs to hit capital markets this week
As many as three companies will come out with initial share sale to raise around Rs 17 crore this week. The Initial Public Offerings (IPOs) of Kwality Pharmaceuticals, Titanium Ten Enterprise and Commercial Synbags will open for subscription from June 30. These companies will get listed on BSE…
We are here to bridge the funding gap for MSMEs | Harshvardhan Lunia, CEO, Lendingkart
Have a dream to fly giving wings to your unique business idea. Now is the time to get going! Gone are the days when your business idea would die an unsung death for want of viable funding. Welcome to the world of new-age fund missionaries: if your SME business idea has business potential, Lending…
SIDBI disburses Rs 3,337 crore in 2015-16
State-owned SIDBI has disbursed Rs 3,337.20 crore out of Rs 3,783.20 crore sanctioned during 2015-16 through its wholly-owned subsidiary MUDRA to fund the small and self owned enterprises. MUDRA (Micro Units Development and Refinancing Agency) encourages development of micro units. In order to fu…
No registration fee for Udyog Aadhar: Govt clarifies
The Government on June 20 clarified that there is no registration fee for filing Udyog Memorandum and it is the only form of registration for MSMEs in India, in view of complaints received regarding fee charged by certain agencies for facilitating the registration “It may be pointed out that fill…
Investors say Angel Tax exemption will not benefit several startups
The government’s much-lauded decision to repeal the controversial ‘angel tax’ will not benefit several startups because of the riders attached in the new regulation, industry leaders said. ‘Angel tax’, or tax on investments in startups, was considered regressive by a…
CII launches SME finance facilitation centre in Uttar Pradesh
CII (Confederation of Indian Industry) has launched the SME finance facilitation centre in Uttar Pradesh. The Micro, Small and Medium Enterprise (SME) sector is of critical importance in reviving growth. While the government has taken several measures to promote MSMEs, access to credit remains a …
HDFC bank launches SME e-bank
HDFC Bank, the country’s second largest private sector lender, has launched a digital bank for its Small and Medium Enterprises (SME) customers. It aims to grow its market share in the hinterlands with this. “It takes away the hassle of physical availability of a relationship manager and makes ba…
MSME Ministry approves revised guidelines of IC Scheme
The Ministry of Micro, Small and Medium Enterprises (MSME) has approved the revised guidelines of International Cooperation (IC) Scheme and it would be effective with immediate effect. “…in order to make IC Scheme more effective and beneficiary oriented, the guidelines have further been reviewed …
NASSCOM launches GPS attendance to help SMEs track their staff
A Mobile-based GPS Attendance for SME’s in the Unorganised Sector by a NASSCOM 10,000 Start-up Company A huge pain point for SME’s, particularly the small ones is how to track staff on the move as well as in the office. It is a major problem across the board for the estimated 51 milli…