IDC forecasts that small and medium-sized businesses, or SMBs, are going to spend $668 billion on IT products and services in 2020, as compared to $564 billion last year, outpacing the growth of the overall IT market. One of the ways to take advantage of this market is through Cisco, as it has be…
Tag: WORLD ECONOMIC FORUM
Challenge for start-ups to get funding: Kris Gopalakrishnan
Securing series C and beyond funding is a challenge for start-ups, information technology veteran and Infosys Co-Founder Kris Gopalakrishnan said as he called for a simple, orderly and fast-track mechanism to shut failed businesses. The start-ups scenario in India is pretty good but when those fi…
Budget 2017: Need better handling of SMEs by banks, says Sitharaman
At the World Economic Forum in Davos, Commerce Minister Nirmala Sitharaman shared her Budget recommendation for the small and medium-sized enterprise (SME) sector and her opinion on the roll-out of goods and services tax (GST) on July 1. Sitharaman suggested better handling of SMEs by banking ins…
LIC, pension funds should be allowed to invest in start-ups: Experts
Top fund managers and start-up veterans pushed for increasing the domestic capital pool by removing investment restrictions on insurance companies and pension funds. They felt even a fraction of investible funds from these behemoths could bring in a lot more funds than what the government is dire…
India needs to learn from the mistakes of advanced economies: WEF Chief Economist
Jennifer Blanke, Chief Economist, World Economic Forum, has written and lectured extensively on issues related to national competitiveness. A PhD in international economics, Blanke has served as lead editor on a number of regional and topical reports related to economic growth and development. Sh…
‘Make In India’ resonates with Chinese corporates
As India and China squabble over Beijing squashing Delhi’s move at the UN to ban Azhar Mazoor, the alleged mastermind behind northern India terrorist attacks, and New Delhi retaliates by threatening to stonewall the entry of Chinese companies into the country, the ground reality paints a far less…
Budget 2016 should facilitate business friendly Tax Admin | Dr A. Didar Singh, Secretary General, FICCI
In a candid conversation with SMEpost.com Editor K R Sudhaman, FICCI Secretary General Dr A. Didar Singh expressed that the forthcoming budget should strive to create an eco system wherein tax administration is more structured and conducive to business. This actually impacts SMEs more than anybod…