Page 4 - Msmes

FinMin reforms public procurement to fast-track projects, help MSMEs

Finance secretary on Friday released revised guidelines, which outline innovative rules for this

Flipkart Wholesale, Rupifi partner to offer 'Buy Now, Pay Later'

Rupifi said it is powering MSMEs with a purchase credit line with flexible repayment options, usage-based interest and zero fees

MSME stressed assets likely to touch 18% by March 2022, says CRISIL

For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021

SME Chatroom: 'IGST refund rules for exports by EOUs need to be reviewed'

Business Standard brings you the fortnightly Q&A on SMEs

Atleast 50% of retail, MSME loans to move to digital lending: Union Bank MD

Close to 50 per cent of retail and MSME loans offered by banks will shift to digital lending platforms over next two to three years, Rajkiran Rai G said on Thursday.

ICAI against exempting small firms from mandatory statutory audit

Says NFRA has no jurisdiction over MSMEs

Retail and MSMEs likely to see rise in slippages, say bankers

The current level of NPAs masks the actual pain due to restructuring done under regulatory packages, both in 2020 and this year

Expanding scope of ECLGS to help MSMEs, address funds shortage: Industry

The government's decision to expand the scope of the Rs 4.5 trillion ECLGS to support MSMEs would help deal with funds shortage and promote exports, industry bodies said on Wednesday

Festive rate cut not a mispricing of risks: Union Bank of India MD & CEO

In a Q&A, Rajkiran Rai G says retail credit can't make up for tepid corporate demand

Biz2Credit to hire 150 new staff by 2021-end as it strengthens tech team

Biz2Credit is the company behind Biz2X, a global SaaS platform that enables financial institutions to provide customised online lending experience for MSMEs

Walmart, Flipkart sign MoU with Tamil Nadu govt, to support MSMEs

Walmart and Flipkart on Wednesday announced the signing of memorandum of understanding with Department of MSME in Tamil Nadu to establish long-term cooperation for providing capacity building support

Walmart and Flipkart sign an MoU to hand-hold MSMEs in Tamil Nadu

Through the Walmart Vriddhi programme, delivered by knowledge partner Swasti, entrepreneurs and small businesses receive training free of cost, through a blended learning approach

SME Chatroom: 'ITC available based on IGST payment shown in bill of entry'

In the case of related party transactions, where contemporaneous imports/exports are not available, the matter goes to the Special Valuation Branch for further investigations

Punjab Cabinet approves rules to promote and develop MSMEs

MSMEs in Punjab will get an impetus with the state cabinet approving rules to provide a legal framework for their operations, with effective mechanisms to mitigate the problem of delayed payments

On track to have over 420,000 sellers, MSMEs by Dec 2021: Flipkart

Walmart-owned Flipkart on Thursday said it has onboarded around 75,000 sellers on its platform in the past few months, and is on track to have over 420,000 sellers and MSMEs by the end of this year

How Indian festivals are creating job opportunities for SMEs?

Diwali, which is one of the most popular Indian festivals celebrated during October or November every year, provides employment to about 4 million people who work in the industry

Sitharaman urges full vaccination for economy, industry to work normally

Calls for more private sector participation in extending reach of govt schemes to rural India

Dinner with BS: Can't rely only on agriculture for jobs, says MP CM Chouhan

Chouhan tells Aditi Phadnis about his hunger for investment, why MP needs alternatives to agriculture and why he thinks his soft image isn't taking on a hard tone

Amazon signs pact with Gujarat to boost state MSMEs' e-commerce exports

Amazon Global Selling lowers the entry barrier for motivated Indian MSMEs to expand their business and launch their brands globally, from anywhere in India.

Govt says Nalco playing key role in empowering micro and small enterprises

The Centre on Monday said state-owned Nalco has been playing a key role in empowering micro and small enterprises by providing modern and innovative platform NAMASYA