Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-suspension-likely-to-be-extended-by-3-more-months-amid-covid-crisis/articleshow/79831823.cms Synopsis–Policymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need
Category: MSME-Startup
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-says-amazons-arbitrary-policies-to-dominate-indias-retail-trade-should-end/articleshow/79843206.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court rejected Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
Smaller firms worse hit than larger ones during Pandemic: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/smaller-firms-worse-hit-than-larger-ones-during-pandemic-crisil/articleshow/79841567.cmsSynopsis An analysis by the research arm Crisil indicated that revenues of Indian corporates India – excluding oil companies, banking, financial services and insurance–
Government committed to help the MSME sector flourish: Pratap Chandra Sarangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-committed-to-help-the-msme-sector-flourish-pratap-chandra-sarangi/articleshow/79796787.cmsSynopsis “With the government increasing opportunities for local MSMEs and reducing dependence on imports, MSMEs will be able to scale up operations and gain
How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Shopmatic launches new range of e-commerce solutions to help entrepreneurs, SMEs to sell online – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/shopmatic-launches-new-range-of-e-commerce-solutions-to-help-entrepreneurs-smes-to-sell-online/articleshow/79775012.cmsSynopsis The Single Checkout Link also enables transaction virality, in that buyers can share the same links with their friends or followers, helping sellers
Govt to encourage banks to use co-origination model of financing to address MSME needs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-encourage-banks-to-use-co-origination-model-of-financing-to-address-msme-needs/articleshow/79782018.cmsSynopsis Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in
MSMEs in 2021: Six key trends to watch out in B2B e-commerce to jumpstart small business recovery – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-msmes-in-2021-six-key-trends-to-watch-out-in-b2b-e-commerce-to-jumpstart-small-business-recovery/2150932/ Ease of Doing Business for MSMEs: In 2021, restoring MSMEs’ economic momentum will be integral to giving the real GDP growth rate a
MSME Minister Nitin Gadkari mulls award to businesses paying MSMEs on time – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-minister-nitin-gadkari-mulls-award-to-businesses-paying-msmes-on-time/2151357/ Credit and Finance for MSMEs: The MSME Ministry had written to over 2,800 corporates in October, after writing to 500 such businesses in
M1xchange Funding: TReDS platform M1xchange raises funding from BEENEXT, Mayfield – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/treds-platform-m1xchange-raises-funding-from-beenext-mayfield/articleshow/79758525.cmsSynopsis The utilisation of funds by M1xchange will be to expand its network across India NEW DELHI: BeenextAsia, Singapore and Mayfield have jointly made an investment of
Co-lending in SME sector helps banks check risk: SBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/co-lending-in-sme-sector-helps-banks-check-risk-sbi/2150774/ Khara also observed that money from the domestic market and household savings was not sufficient to fund India’s infrastructure growth and the only
MSMEs likely to create five crore new jobs in next five years: Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/msmes-likely-to-create-five-crore-new-jobs-in-next-five-years-gadkari/2150776/ The minister said he envisions the MSME sector to contribute 40% to the country’s gross domestic product (GDP) from around 30%; at the
NBFCs Budget Demand: Provide liquidity support, extend restructuring scheme to retail MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-budget-demand-provide-liquidity-support-extend-restructuring-scheme-to-retail-msmes/articleshow/79741816.cmsSynopsis Non-bank lender’s have also sought exemption of TDS on interest income. Presently, tax is deducted at source at the rate of 30 per
SMEs: Factory workers are returning, to labour and an uncertain life – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/factory-workers-are-returning-to-labour-and-an-uncertain-life/articleshow/79733250.cms Synopsis—-For India Inc, the pandemic is a stark reminder about the gaps in the working conditions of labourers and the issues that need
Economy after 2020: A cyclical recovery to begin; GDP growth to average 9.9% in 2021, 11.9% in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/economy-after-2020-a-cyclical-recovery-to-begin-gdp-growth-to-average-9-9-in-2021-11-9-in-fy22/2149227/ A bumpy sequential path until a widely distributed vaccine becomes available, followed by faster rebound By Sonal Varma & Aurodeep Nandi The economy
Social security for workers: Lessons from India in the great California experiment – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/social-security-for-workers-lessons-from-india-in-the-great-california-experiment/2149260/ Lessons from India in the great California experiment The US state of California has voted to keep rideshare and delivery industry workers as
‘Small businesses slowed down in late March but didn’t stop and are now turning around with vengeance’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-small-businesses-slowed-down-in-march-but-didnt-stop-and-are-now-turning-around-with-vengeance/2149537/ Ease of Doing Business for MSMEs: Amid the Covid crisis, small shops rose to the occasion. Astoundingly, their deep legacy learnings of their
Amazon: The economics of scale: The Amazon, Airtel, and Apple of tomorrow is a small business today – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-economics-of-scale-the-amazon-airtel-and-apple-of-tomorrow-is-a-small-business-today/articleshow/79691276.cms Synopsis–China’s success as a manufacturing exporter is partially attributable to scale, but historically, India’s policy environment has been allergic to large businesses. Across
kirana stores: Indian kirana stores will continue to be dominated by standalone shops, this time around with an online avatar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indian-kirana-stores-will-continue-to-be-dominated-by-standalone-shops-this-time-around-with-an-online-avatar/articleshow/79692171.cmsSynopsis The ability to adapt quickly to ever-changing needs, a new phygital approach for safer purchase is helping mom and pop kirana stores maintain
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