Clipped from: https://www.thehindubusinessline.com/companies/zoho-is-helping-restore-the-talent-where-it-belongs-villages/article34383325.ece?homepage=true “Concentration of jobs in cities has taken away talented youth from the villages,” says Sridhar Vembu, CEO and Co-founder, Zoho Corp Setting up
Category: MSME-Startup
Big corporates, government measures can help MSMEs fight pandemic, say experts – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/big-corporates-government-measures-can-help-msmes-fight-pandemic-say-experts/article34370054.ece Second Covid wave is creating extreme discomfort to small businesses Compassionate capitalism by the big industries along with government measures can help MSMEs
Microfinance institutions, not corporate houses, should be the banks of the future – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-microfinance-institutions-not-corporate-houses-should-be-the-banks-of-the-future/articleshow/82167827.cms SynopsisThe last two decades have demonstrated the appalling inefficiency and corruption of PSBs, saddled with enormous dud loans. India urgently needs more private
E-commerce is a great ally for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/e-commerce-is-a-great-ally-for-msmes/2237735/ How B2B e-commerce is easing GST compliance for MSMEs It is here that e-commerce platforms can help MSMEs ease their GST compliance issues.
Udyam Registration: 26 lakh MSME registrations so far on Modi govt’s new portal not exciting, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-udyam-registration-26-lakh-msme-registrations-so-far-on-modi-govts-new-portal-not-exciting-say-experts/2236733/ Ease of Doing Business for MSMEs: To improve the ease of doing business for MSMEs, the government had launched the Udyam Registration portal
ECLGS: How Modi govt’s Rs 3-lakh-crore credit scheme put Covid-hit MSMEs back on recovery track – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-how-modi-govts-rs-3-lakh-crore-credit-scheme-put-covid-hit-msmes-back-on-recovery-track/2237449/ Credit and Finance for MSMEs: In March 2021, the government had announced ECLGS 3.0 to cover enterprises in hospitality, travel & tourism, leisure
Battered by Covid curbs, MSMEs seek definite assurance from Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/battered-by-covid-curbs-msmes-seek-definite-assurance-from-govt/articleshow/82140099.cmsSynopsis Unlike last year, the government says this time it aims to adopt a strategy of creating small containment zones to control the spread
SMEs: PCs have never been more essential for SMBs: HP India’s Sanjeev Pathak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/pcs-have-never-been-more-essential-for-smbs-hp-indias-sanjeev-pathak/articleshow/82138072.cmsSynopsis Small businesses in India have understood the nuances of remote working and technology, with many believing tech ill help them bounce back. The
NBFCs seek extension of MSME restructuring scheme till March 2022 – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-seek-extension-of-msme-restructuring-scheme-till-march-2022/articleshow/82128505.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave
Start-up funding touches new high in 2021 – The Financial Express–*****
Clipped from: https://www.financialexpress.com/industry/sme/start-up-funding-touches-new-high-in-2021/2235563/ Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups,
Your Money: What profit before and after tax tells about a firm – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-what-profit-before-and-after-tax-tells-about-a-firm/2234683/ PBT & PAT are the line items of interest for equity investors to assess the attractiveness of the stocks Total revenue is the
Salaried jobs lost: 10 million & counting – The Financial Express
Clipped from: https://www.financialexpress.com/economy/salaried-jobs-lost-10-million-counting/2235600/ Vyas estimates that overall there has been a 20% loss of household income saying it’s unlikely there would have been any improvement in
‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-any-disruption-in-msmes-sales-amid-second-covid-wave-to-be-detrimental-to-their-survival-this-time/2235443/ Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To
Zoho’s Sridhar Vembu gives growth mantra to SMBs; suggests entrepreneurs to focus on rural India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-zohos-sridhar-vembu-gives-growth-mantra-to-smbs-suggests-entrepreneurs-to-focus-on-rural-india/2235624/ Ease of Doing Business for MSMEs: For India to achieve its $5-trillion economy goal by 2025, it is imperative for entrepreneurs to look
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
Energising solar module manufacture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/energising-solar-module-manufacture/article34337665.ece?homepage=true The recently announced PLI scheme for this sector must be dovetailed with the host of other incentives, especially for MSMEs As part of
Registered 5million merchants via Amazon Pay, focussed on helping SMBs embrace e-payments: Amazon – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/registered-5million-merchants-via-amazon-pay-focussed-on-helping-smbs-embrace-e-payments-amazon/2235144/ Of the over 50 lakh SMBs who use Amazon Pay, more than 25 lakh operate retail and shopping outlets such as kirana stores.
Deloitte India’s Anandorup Ghose decodes latest India hiring trends with special focus on MSMEs’ travails – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/interviews/deloitte-indias-anandorup-ghose-decodes-latest-india-hiring-trends-with-special-focus-on-msmes-travails/articleshow/82097401.cmsSECTIONSDeloitte India’s Anandorup Ghose decodes latest India hiring trends with special focus on MSMEs’ travailsLast Updated: Apr 16, 2021, 11:35 AM ISTSynopsis “The problem
eclgs: Finmin widens scope of ECLGS, includes healthcare sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/finmin-widens-scope-of-eclgs-includes-healthcare-sector/articleshow/82112703.cmsSynopsis “SMA-1 borrowers in the healthcare sector and 26 other high stress sectors (as identified by the Kamath Committee) are now eligible under ECLGS
The Fintech solution to small business credit woes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-fintech-solution-to-small-business-credit-woes/articleshow/82060884.cmsSynopsis The Economic Times Digital Payments Forum presented by Mastercard is conducting an exclusive session for senior managers and decision-makers from the Fintech, Finance,