On completion of two years of NDA government in office, Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra interacted with public on May 26 from 4-5 pm via twitter #AskKalraj. MSME Secretary, KK Jalan was also the part of this interaction. This is part of #TransformingInd…
Tag: SME
InforTran Brings SME-Focused ERP Solution Including StartUp Packs
Bengaluru based ERP Products and consulting company InforTran focuses on targeting leading SMEs and MSMEs in India though their ERP products and consultation. What makes them unique is they have modules specific for start-up companies also. Sindhu Gopalakrishnan, Principal Consultant, InforTran, …
Mahindra Finance to raise Rs 1000 cr from NCDs
Mahindra Finance said it will raise Rs 1,000 crore through retail bond sale. The public issue of thecthe first from the company, will open on May 25 and closes on June 10, said the NBFC from the Mahindra group. Mahindra Finance Vice Chairman and Managing Director Ramesh G Iyer said it is their ma…
Reduce minimum float for SME listing | I-Bankers
Investment bankers for SMEs (Small and Medium Enterprises) want to lower the minimum percentage of shares going public to 10 per cent of equity, from 25 per cent now. Going public is the act of listing certain number of shares on an exchange. Experts believe that, at present, the funding need of …
Unbanked population to spur growth of fintech firms in Asia-Pacific| Fitch Ratings
Large unbanked population in countries such as India, and the emergence of tech-savvy middle classes in countries such as China, Indonesia and the Philippines, will offer significant growth opportunities for financial technology (fintech) companies, according to Fitch Ratings. Observing that tech…
Entrepreneurs make India’s growth story possible | Suresh Prabhu
Speaking at the valedictory of the platinum jubilee celebration of Kanara Chamber of Commerce and Industry (KCCI) in Mangaluru on May 16, Suresh Prabhu said that economy can grow when entrepreneurship grows. Without entrepreneurship, the growth of Indian economy was not possible and will not be p…
ICICI bank launches contactless credit card with jet airways for SMEs
ICICI Bank, India’s largest private sector bank, today announced the launch of the country’s first contact less business credit card in association with Jet Airways, India’s premier international airline, for small and mid-sized enterprises (SMEs) and their employees. Christened ‘Jet Airways ICIC…
We are focused on bringing together technology and manufacturing to drive transparency, efficiency and scale | Rahul Garg, Founder & CEO, Moglix
Of late, one is clearly witnessing B2B e-commerce pick up the growth momentum with rapid adoption of the digital paradigm by manufacturers and wholesalers. Buyers and sellers from across the world are increasingly transacting goods and services with ease over digital platforms, anytime, anywhere.…
SME platform: 30 IPOs lined up in next few months
As many as 30 small and medium sized firms are looking to list themselves on the BSE’s SME platform in the next few months, Ashish Chauhan, Managing Director & CEO, BSE, has said. “There is a lot of positivity coming in business in the current economic environment. At least 30 IPOs are lined …
India born Tally Solutions wins million customers globally
One of the most-preferred accounting software for SME/MSMEs, Tally Solutions, the premier Indian software product company, has announced its one millionth customer win across the globe. From its humble beginning in 1986, Tally Solutions today offers its solutions to a million customers in over 10…