Page 75 of MSME News

RBI Digital Currency Launch Live Updates: As mentioned by Manan Vora, senior vice-president - strategy and operations, Liminal, the launch of CBDC is believed will require a robust cryptocurrency security infrastructure in India to ensure hack proof CBDC operations and prevent financial frauds

Bank credit to micro, small enterprises jumps 23% YoY in September: RBI data

Credit and finance for MSMEs: Aggregate credit to the MSME sector in September stood at Rs 18.55 lakh crore, up 27 per…

November 1, 2022 12:49 IST

Cotton, Textile, Bales of cotton, Tamil Nadu, Textile mills, Q3, clothing, global market, Textile Industry Association, ITF, Indian Texpreneurs Federation, Spindles, fibres, survey, textile units, small businesses, man made fibre, cotton yarn, Christmas, buyers, sellers, demand

Demand for cotton in Tamil Nadu’s textile mills may sink in Q3: Survey

Ease of Doing Business for MSMEs: The total consumption of the state’s textile mills in Q3 last year was 15.37…

October 31, 2022 20:40 IST

Domestic payments: Migrating to new payment, reconciliation tools can be a challenge for SMEs: Report

Credit and finance for MSMEs: “The diversity between payment methods in B2B payments and therefore, their reconciliation practices, can be…

October 31, 2022 20:26 IST

Handicraft, Craft forms, Artisans, exports, traditional jewelry, tribal handicraft, Tribes, Ministry of Tribal Affairs, MSME, SME, SMB, small business, MSE, India’s shawls, painting, wooden items, earthen pots, bags, traditional jewelry, baskets, hand printed textiles, wood wares, art metal wares, agarbati, attars

Indian handicraft products in high demand in overseas as well as in the domestic market: Tribal Affairs Ministry

Ease of Doing Business for MSMEs: “During 2021-22, the total exports of Indian handicrafts was valued at $4.35 billion, which…

October 31, 2022 18:44 IST

28 MSMEs approved for telecom PLI scheme: Govt

Ease of doing business for MSMEs: Till October 2021, 31 companies, comprising 16 MSMEs and 15 Non-MSMEs including 8 domestic…

October 31, 2022 17:33 IST

Bhanu Pratap Singh Verma, Minister of State for MSME, BPS Verma, Craft Mela, Pulwama, Jammu and Kashmir, B2V4, Panchayats, Jan Abhiyan Sabha, programme, village, J&K Govt, local artisans, MSME, SME, small business, MSE, SMB, Back to Village Programme

Union MoS MSME Bhanu Pratap Singh Verma asks officials in J&K’s Pulwama district to organise Crafts Melas to support artisans

Ease of Doing Business for MSMEs: Craft Melas will provide a single window platform where local artisans can showcase their…

October 31, 2022 16:15 IST

Small finance banks’ capital raising challenge beginning to ease; over Rs 3,200 cr raised in Q2 FY23: CareEdge

Credit and finance for MSMEs: SFBs raised equity and Tier II capital aggregating to Rs 3,275 crore during the second…

Updated: October 31, 2022 16:06 IST

Vadodara transport aircraft manufacturing facility will have immense benefits for MSMEs: PM Modi

Ease of doing business for MSMEs: “I have been told that more than 100 MSMEs are linked to this project.…

October 31, 2022 12:53 IST

finance ministry, msme, finmin on msme, free trade agreements

Sustainability standards: Finmin urges banks to incentivise MSMEs

According to the latest data, outstanding credit to MSMEs jumped 24% as of August from a year before to Rs…

October 31, 2022 02:30 IST

BAF Consultants, Simran Senani, Family Business, EODB, succession, hiring, professionals, generation, MSME, SME, SMB, small Business, economy, self reliant, entrepreneurship

Why incorporating a professional mindset in family businesses is key to their success?

Ease of Doing Business for MSMEs: It is usually seen that many family businesses established well by the founding generation…

October 29, 2022 10:25 IST

Kinara Capital, Fresh Equity Round, British International Investment, small business entrepreneurs, MSMEs, SMEs, SMBs, MSEs, small business, UK, MSME jobs, income, collateral-free, business loans, myKinara, Hardika Shah, Alex Ellis, AUM, Manav Bansal, 2X challenge, G7

Kinara Capital closes a fresh equity round of Rs 200 crores by British International Investment

Credit and Finance for MSMEs: With this investment, Kinara Capital is looking to provide credit to over 2,00,000 MSMEs that…

October 28, 2022 21:39 IST

CRISIL, research, analytics, YoY, auto components, industry, revenue, FY23, growth, OEM, original equipment manufacturer, exports, CVs, PVs, sales, slump, pandemic, Covid, pre-Covid, MSMEs, SMEs, SMBs, MSEs, small business

Auto-components industry may see 19-21 per cent y-o-y growth in FY23: CRISIL

Ease of Doing Business for MSMEs: The report expects micro, small and medium enterprise (MSME) players in the automotive components…

October 28, 2022 19:25 IST

TReDS, Finance Ministry, RBI, CPSEs, financers, invoice discounting, capital flow, MSMEs, SMEs, MSEs, SMBs, small businesses, corporate buyers, DPE, Department of Public Enterprises, Trade receivables, government, Centre, Finance Minister, RXIL, M1Xchange

Finance Ministry asks 92 CPSEs to register on the TReDS platform

Credit and Finance for MSMEs: In 2017, the government made it mandatory for CPSEs and companies with a turnover of…

October 28, 2022 17:13 IST

ONDC, Shiprocket, Government, e-commerce platform, inter-city logistics provider, SMEs, MSEs, SMBs, MSMEs, small businesses, consumers, Open Network for Digital Commerce, transaction, sellers, logistics, collaboration, customer experience

Shiprocket goes live on government’s e-commerce platform ONDC as its first inter-city logistics provider

Logistics for MSMEs: ONDC and Shiprocket are also working to enable warehousing as a service on ONDC, the company said…

October 27, 2022 22:12 IST

Payments infra company Infibeam Avenues gets RBI approval to operate as payment aggregator

Credit and finance for MSMEs: The central bank in March 2022 had issued a framework for payment aggregators in India…

October 27, 2022 19:52 IST

Sovereign Green Bond, energy efficiency scheme, SMBs, SMEs, MSMEs, MSEs, small businesses, VGF, battery storage, power, North-East, Hydropower project, carbon intensity, clean energy schemes, Government schemes, carbon emissions, equity support, clean technology

India’s sovereign green bond can finance energy efficiency schemes for SMBs among others: Report

Ease of Doing Business for MSMEs: Schemes related to the viability gap funding for battery storage and equity support for…

Updated: October 27, 2022 19:48 IST

Make in India: Over 125 MSME suppliers identified for IAF C-295 aircraft manufacturing project, says govt

Ease of doing business for MSMEs: The defence ministry said this will act as a catalyst in employment generation in…

October 27, 2022 19:11 IST

E-commerce sellers should be held liable for damaged, wrong delivery along with marketplaces: Survey

Ease of doing business for MSMEs: When it comes to factors that help in making a purchase decision from online…

October 27, 2022 17:34 IST

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ABD targets mid-double-digit value growth in FY26 on premium boost

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ABD, known for Officer’s Choice brand, aims for mid-double-digit revenue growth in FY26 with launch of 3 high-end brands. Prestige and above segment contributed 47% to sales in Q2, with plans to cross 50% in next 12-18 months. ABD Maestro subsidiary launched at Bengaluru and Delhi airports, with plans for Mumbai.

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