Merchant bankers have recently written to capital market regulator SEBI asking it to consider introducing “priority investing” norms for mutual funds, public sector banks and insurance companies keen on investing in small- and medium-sized companies. ‘Priority investing’ would be similar, essenti…
Tag: SEBI
Guidelines on e-commerce markets may save small & medium sellers
Small and medium sellers on e-commerce platforms said the latest guidelines on online retailing will give marketplaces fewer opportunities to arm twist them on matters such as pricing and return policies. But, the All India Online Vendors Association, which has 500 large and medium sellers as mem…
Retail participation on SME platforms overwhelming | WFE Study
Most stock exchanges with dedicated platforms for small and medium enterprises, including top bourse BSE, are seeing overwhelming retail participation in SME stocks, a report said. According to a study by World Federation of Exchanges (WFE), retail investors dominate the BSE SME market, with most…
SMEs’ April-January IPO fund receipts cross full-FY15 figure
To tap the upbeat investor sentiments, as many as 34 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 287 crore in the first ten months of current fiscal. This was higher than 39 SMEs raising a total of Rs 278 crore in the entire past fiscal…
SEBI to soon announce measures for Start-ups
After getting an extension of one year, UK Sinha, Chairman of the Securities & Exchange Board of India (SEBI), is ready to unleash a number of announcements for start-ups. Though the board meeting, which is scheduled next week, will take decisions on tax incentives for alternative investment …
Jewellery duty may dim start-ups’ prospects
Finance Minister Arun Jaitley’s Budget announcements were in line with the expectations of most start-ups. It was an affirmation of what had been promised by Prime Minister Narendra Modi at the ‘Startup India’ initiative in January. However, the proposed one per cent excise duty on branded jewell…
Start-ups up to Rs 25 Cr turnover to get tax sops
A company with an annual turnover of less than Rs 25 crore in the first five years will be eligible for conditional tax breaks and other incentives under the government’s start-up policy. According to the definition notified by the department of industrial policy and promotion (DIPP), an entity …
Leading stock exchanges differ on SME trading lots
The country’s two leading stock exchanges — the Bombay Stock Exchange and the National Stock Exchange — are unable to form a consensus on the issue of minimum trading lot size for the platform they have created for Small and Medium Enterprises (SMEs). Currently, the minimum lot size for the SME s…
Govt notifies uniform norms for startups
The government has come out with a uniform definition of startups under which a budding entrepreneur with a turnover of less than Rs 25 crore can avail tax breaks and other benefits for a five-year period. Notifying the definition, the Department of Industrial Policy and Promotion (DIPP) said it …
Exclusive | Outgoing MSME Secretary outlines what to expect in the Budget
For someone who drove positive change at the MSME Ministry, there is optimism in the air. His eyes are focused on February 29 even as he is set to move on. He believes the coming Union Budget would announce path breaking set of policies that would unlock the latent potential of the sector. Meet t…