Complicated tax rules are hindering the growth of start-ups as the angel companies are being muted, National Association of Software and Services Companies (Nasscom) chairman Raman Roy said in Bengaluru on Thursday. He was speaking to reporters at the launch of the 2017 edition of the&n…
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FM Arun Jaitley announces slew of measures to boost the MSME sector
FM Jaitley announced slew of majors to boost MSME sector.
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Big Data Dividend For Small Business
While traditionally large enterprises had the resources to leverage data analytics, availability of visual analytics as a service has enabled small and medium enterprises (SMEs) to reap the benefits of technology. Information is the lifeline of any business and is a highly valued asset in today’s…
Warangal Durries Find A ‘Berth’ On Amazon
Warangal durries have been famous for many reasons. The famous durries or rugs are made using vegetable colours, and are washed in flowing water after the printing process. Though the number of weavers have increased over the years, sales haven’t gone up proportionally. Recently, e-commerce …
Affordable E-commerce Solution for Small and Medium Enterprises
India is introducing a suite of e-commerce tools targeted at small and medium enterprises in the country. The company’s e- commerce platform is a do-it-yourself store builder that uses cutting-edge technology to make online business easy, secure and fun to work with. The product also featur…
Car rental start-up Drivezy raises $10 m funding
Mumbai-based self-driving car rental startup Drivezy has just received funding of Rs. 65 crore ($10million) as part-equity and part debt. The company used to be known as JustRide earlier. Of this, $5 miilion has been made by Axan Partners, Das Capital and IT Farm, which have their origins in the …
SIDBI to broaden scope of MSME lending portal Udyamimitra
Mumbai: SIDBI plans to broaden and deepen its scope of lending to small and medium businesses by upgrading its lending portal Udyamimitra. The upgraded portal will put in place a digital financial market place for micro, small and medium enterprises (MSMEs) to leverage the pr…
India Inc welcomes GST Council decisions, says it will provide relief to SME sector
In its third meeting since the implementation of Good and Services Tax, the GST council today delivered a much-awaited relief to taxpayers and India Inc welcomed the outcomes of the meeting. “The decisions will improve compliance,”
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Back small, medium businesses to create jobs, Rahul urges government
New Delhi: The government should support small and medium businesses and the informal sector to create jobs instead of unleashing taxmen on them, Congress Vice President Rahul Gandhi has said. In a video released by the Congress on October 6, Gandhi said the central issu…
Rayalaseema will emerge as an industrial hub, says Minister
With the likely establishment of a ‘Coastal Employment Zone’ alongside the upcoming industrial corridors and other developmental activities, the Rayalaseema region would soon emerge as an industrial hub, said Industries Minister N. Amarnath Reddy. Addressing the gathering during an inte…