Country’s second largest private sector lender HDFC Bank launched a dedicated product for start-ups which will offer banking, payments and forex services. The product’s features include enhanced transaction limits with no minimum balance requirement for the first six months, customise…
Tag: SME
DR. Sangam Kurade re – elected FISME president for 2016-17
The Central Executive Committee of Federation of Indian Micro and Small & Medium Enterprises (FISME) has unanimously re-elected Dr. Sangam Kurade as President for the year 2016-17 during the executive meeting held in New Delhi on March 15. A reputed food technologist and the promoter of a suc…
TCS launches peer-to-peer mobile payment solution with DNB, a leading bank in Norway
Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization announced the successful launch of Norway’s first peer-to-peer mobile payment solution with DNB, the largest financial services group in Norway. Dubbed “Vipps”, DNB’s peer-to-p…
Capital float introduces special schemes targeting women entrepreneurs in India
Capital Float, the pioneer of digital lending in India has launched a new program specifically targeted at women trepreneurs across India, in a bid to encourage and drive the women entrepreneurship initiatives across India. The program is currently active and is scheduled to run from 8th March to…
New RSS uniform | Khadi body looks at securing Rs. 1,000 crore business
The change in uniform announced by Rashtriya Swayamsevak Sangh (RSS), from khaki knickers to brown trousers, may also transform the fortunes of lakhs of khadi weavers. Khadi Village and Industries Commission (KVIC), a statutory body tasked with its promotion, among other things, has formally init…
Odisha aims to create 4 lakh jobs in MSME sector
The Odisha government has set a target of creating 1.5 lakh MSME units with an employment potential of more than four lakh jobs within the next five years, said Governor S.C. Jamir on Tuesday. “As of now, more than 1.60 lakh MSME units have been established in our state with an investment o…
SMEs take big strides on bourses
Early four years after the equity exchanges launched trading platforms for small and medium enterprises (SMEs), the segment is showing signs of maturity, with institutional entities like banks and mutual funds investing in them. Some of the bigger brokerages, once focussed only on the larger comp…
Leverage technology to enable good governance and employment generation: MSME Ministry
The MSME Ministry has emphasized on the need for using information technology for good governance and employment generation in the sector. Addressing a meeting of senior officers of The Ministry, Micro, Small & Medium Enterprises (MSMEs) Kalraj Mishra expressed satisfaction that Udyog Aadhaar…
UP first state to set up own export promotion council
Uttar Pradesh became the first state to set up its own Export Promotion Council. This was launched at the U.P MSME event held on March 14 at New Delhi. The event organized by Export Promotion Bureau was inaugurated by Nitin Agarwal, State Minister (Independent Charge) for MSME & Export Promot…
Clinical supplies marketplace PinkBlue raises 1.5 crore in seed round
Clinical supplies marketplace PinkBlue.in has raised a sum of Rs 1.5 Crore in its seed round, on startup investment platform TermSheet.io. The funding round was led by Dubai-based lawyer Hari Krishna’s syndicate and saw participation from Cookifi Founder Ajay Modani, Dr V Ravinder, Anirudh …