Clipped from: https://www.business-standard.com/article/companies/from-tata-to-jsw-steel-an-asymmetric-story-of-india-s-steel-industry-121050900889_1.html Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are
Category: MSME-Startup
Enduring pain | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/enduring-pain-121050900816_1.html Decline in income and employment will increase hardship The loss of life and livelihood continues to mount relentlessly. Health infrastructure, which anyway had
Fintechs pick up MDR tab, enjoy merchant’s float – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/fintechs-pick-up-mdr-tab-enjoy-merchants-float/2248754/ Industry sources said BharatPe and Paytm are among the companies offering this form of settlement. Emails sent to the two companies did not
Mr.Tamal Bandopadhyay—in Business Today—03.05.2021
Clipped from: https://sway.office.com/yGULU1EIkDT9gjhe?authoringPlay=true&publish 1. As on March 26, the outstanding bank loan to micro and small enterprises in the manufacturing sector is Rs 3.84 trillion. 2.
RBI extends safety net; response proactive, loaded and well timed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-extends-safety-net-response-proactive-loaded-and-well-timed-121050500565_1.html RBI meant strict business, with a focus on alleviating financing constraints for economic stakeholders at the grass root level bearing a disproportionate burden
What angel investors want when investing in start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/what-angel-investors-want-when-investing-in-start-ups/article34509123.ece Only a small percentage of start-ups are successful in raising funding from angels Not all start-ups need external capital, but most do. And
RBI to Banks–:Lend to healthcare space within 30 days of availing funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-banks-lend-to-healthcare-space-within-30-days-of-availing-funds/article34505796.ece The scheme will remain operational from May 7 this year till March 31, 2022 The Reserve Bank of India (RBI) on Friday said
Flipkart introduces a slew of initiatives to support sellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-introduces-a-slew-of-initiatives-to-support-sellers/article34509028.ece Provides them financial, health and safety benefits E-commerce major Flipkart has extended various initiatives to lakhs of MSMEs, small scale sellers, artisans, weavers
PLI scheme, basic customs duty: Only flickering benefits for solar power | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/will-pli-and-bcd-be-able-to-save-the-indian-solar-manufacturing-industry-121042800551_1.html A production-linked incentive scheme and possible basic customs duty will have a limited impact in encouraging domestic solar equipment manufacture In 2015, the
This start-up brings some ‘difficult’ traditional vegetables back to kitchens – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/this-start-up-brings-some-difficult-traditional-vegetables-back-to-kitchens/article34501416.ece nGV Natural Industry is supplying two such vegetables – banana stem and tender jackfruit – in RTC format You would have tasted some
SEBI notifies relaxed rules for listing start-ups – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/sebi-notifies-relaxed-rules-for-listing-start-ups/article34508771.ece The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on
Plea to simplify GST – The Hindu
Clipped from: https://www.thehindu.com/news/cities/Madurai/plea-to-simplify-gst/article34515605.ece Agrofood Chamber of Commerce and Industry has congratulated DMK leader M.K. Stalin for taking charge as Chief Minister. In a press release, its
MSMEs | Covid second wave: Shock, fear, helplessness: Covid’s second wave is an emotional and economic crisis for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/shock-fear-helplessness-covids-second-wave-is-an-emotional-and-economic-crisis-for-msmes/articleshow/82449332.cms Synopsis–It is not just the economic hardships; the second wave of Covid-19 has torn families. As MSMEs struggle to stay afloat, they confront
On-tap liquidity facility: RBI asks banks to on-lend to healthcare cos in 30 days of availing credit – The Financial Express
Clipped from: https://www.financialexpress.com/economy/on-tap-liquidity-facility-rbi-asks-banks-to-on-lend-to-healthcare-cos-in-30-days-of-availing-credit/2247863/ However, the banks will have to ensure that the amount borrowed from the RBI should at all times be backed by lending to
Flipkart introduces a slew of initiatives to support sellers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-introduces-a-slew-of-initiatives-to-support-sellers/article34509028.ece Provides them financial, health and safety benefits E-commerce major Flipkart has extended various initiatives to lakhs of MSMEs, small scale sellers, artisans, weavers
Banks want RBI to relax NPA norms for lockdown-stressed MSME sector | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/banks-want-rbi-to-relax-npa-norms-for-lockdown-stressed-msme-sector-121050700674_1.html Bankers request extension of NPA classification norms to 180 days from 90 days currently The MSME sector was already reeling under pressure and
RBI Announcement for MSME Today: RBI announces slew of measures for MSMEs battered by Covid second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/rbi-announces-slew-of-measures-for-msmes-battered-by-covid-second-wave/articleshow/82399963.cmsSynopsis For enhancing credit to MSME entrepreneurs, the RBI Governor mentioned that in Feb 2021, the scheduled commercial banks were allowed to deduct credit
RBI not to provide moratorium but restructuring 2.0 in place for borrowers – Check details – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-not-to-provide-moratorium-but-restructuring-2-0-in-place-for-borrowers-check-details/2246095/ Those who had not availed the re-structuring 1.0 can now avail the re-structuring 2.0 if the loan amount is up to Rs 25
Here’s what else the RBI can do as pandemic rages on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/heres-what-else-the-rbi-can-do-as-pandemic-rages-on/articleshow/82428076.cmsSynopsis As regulator of the banking sector, the RBI can ease loan repayment rules, especially for sectors badly hit by the pandemic’s second wave
Majority of SMEs qualify for restructuring says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/majority-of-smes-qualify-for-restructuring-says-crisil/articleshow/82433645.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last fiscal, a third of these SMEs had cushioned their liquidity by availing of the RBI mandated six month moratorium on bank loans.
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