Page 77 of MSME News

Visa partners with payments company Thunes for SMBs, individuals to send money to 44 countries

Credit and finance for MSMEs: The integration with Thunes’ B2b payments platform will expand Visa Direct’s (direct payment service to…

October 20, 2022 19:14 IST

tamil nadu, mk stalin, eclgs, tirrupur, msme export, sme, msme

TN Chief Minister M K Stalin requests PM to introduce a ECLG scheme for MSMEs in the garment sector

Ease of Doing Business for MSMEs: MSMEs in Tiruppur constitute 95 per cent of the exporting clusters and orders for…

October 20, 2022 19:03 IST

Union Bank of India Q2 results: MSME loans jump 15% from year-ago period

Credit and finance for MSMEs: The quarter-on-quarter growth in loans to MSMEs increased by 4.70 per cent from Rs 1,14,674…

October 20, 2022 17:58 IST

Kids-focused Pace E-Commerce Ventures lists on BSE SME exchange

Credit and finance for MSMEs: The company came out with an initial public offering of 64,59,600 equity shares of Rs…

October 20, 2022 16:45 IST

Capital Small Finance Bank reports 53% jump in Q2 net profit from year ago

Credit and finance for MSMEs: In terms of asset quality, the net non-performing assets as a percentage of total assets…

October 20, 2022 14:39 IST

Amazon Great Indian Festival: 4.75 lakh MSMEs participated on Amazon Business; 650 sellers turned crorepatis

Ease of doing business for MSMEs: Over 44 per cent increase was recorded in new MSMEs who created a business…

October 20, 2022 12:30 IST

IIT Kanpur, MSME Ministry, MSME Design Innovative Scheme, Startup Incubation and Innovation Centre, SIIC, MSMEs, SMEs, MSEs, SMBs, small business, Manufacturing Sector, small companies, partnership

MSME Ministry and IIT Kanpur give grants to seven micro enterprises under MSME Design Innovative Scheme

Ease of Doing Business for MSMEs: The MSME Ministry’s Design Innovative scheme offers grants to the final year Undergraduate and…

October 19, 2022 20:53 IST

NBFC-MFI loan book likely to grow 30% in FY23 with resurgence in demand for micro loans: Report

Credit and finance for MSMEs: The YoY growth in NBFC-MFIs loan book had peaked at 66 per cent in FY18…

October 19, 2022 19:57 IST

Extending non-tax benefits to 3 years post reclassification will further encourage micro units to grow: Experts

Ease of doing business for MSMEs: In a notification issued on Tuesday, the ministry said enterprises will continue to avail…

October 19, 2022 17:51 IST

Jharkhand, Artisans, jewellery, brands, Sukrigarha village, Oscar Kerketta, Anjani Kumar, India’s high commissioners, Rwanda, Mali, Ramgarh district, gold, silver, fashion jewellery, traditional tools, jewellery cluster, MSMEs, SMEs, MSEs, SMBs, small business, diplomats, Ayodhya Prasad Verma, rural livelihood, mining, industrial sector

Indian Diplomats suggest jewellery artisans of Jharkhand’s village to brand their products

Ease of Doing Business for MSMEs: A total of 500 artisans will be trained in technical jewellery-making in Surat and…

Updated: October 19, 2022 18:18 IST

SIDBI, MoU, IIM Sambalpur, Odisha, GST, design, market, Subhransu Acharya, Chief General Manager, CGM, self-sustainable, entrepreneurship, clusters, supply chain management, Business Development Service, Indian Institute of Management, MSMEs, SMEs, MSEs, SMBs, small business

SIDBI and IIM Sambalpur inks MoU to strengthen weaving and craft clusters for MSEs

Ease of Doing Business for MSMEs: Subhransu Acharya, Chief General Manager (CGM) of SIDBI stressed on increasing the share of…

October 19, 2022 14:32 IST

Now MSMEs can avail non-tax benefits for three years in case of reclassification

Ease of doing business for MSMEs: Non-tax benefits include benefits of various schemes of the Government, including Public Procurement Policy,…

October 19, 2022 11:52 IST

Delayed payment complaints by small businesses against ministries, PSUs drop in H1 FY23

Credit and finance for MSMEs: Importantly, the number of applications disposed in the first six months of the current fiscal…

October 18, 2022 18:46 IST

Textile and Garment Policy, textile hub, UP Handloom, Textile Industry, Uttar Pradesh, jobs, investment, Rakesh Sachan, UP Textile Industry Minister, development authorities, land, Gautam Budh Nagar, Noida, Prime Minister Mitra Park scheme, textile park

UP Textile and Garment Policy 2022 to offer 25 per cent subsidy on land purchase for textile units and 100 per cent exemption on stamp duty

Ease of Doing Business for MSMEs: The new Textile and Garment Policy 2022 focuses on making the state as the…

October 18, 2022 17:04 IST

Bank credit to retail, wholesale trade jumps 17% YoY in August to Rs 7.31 lakh cr: RBI data

Credit and finance for MSMEs: The credit deployment to wholesale trade during August was up by 17.6 per cent from…

October 18, 2022 16:14 IST

Energy security, Piyush Goyal, India, imports, fuels, oil, coal, products, geopolitical uncertainties, MSME, SME, MSE, SMB, small businesses, Commerce and Industry Minister, Confederation of Indian Industry, CII, energy sector, renewable energy, self-reliance, sustainable energy, economy, Indian economy, Atmanirbhar Bharat

Commerce and Industry Minister Piyush Goyal suggests using AI and IoT to train MSMEs to become quality suppliers of goods and services

Ease of Doing Business for MSMEs: Energy security is the next thrust area which will provide economic opportunity for the…

October 18, 2022 14:34 IST

SME IPOs seeing substantial activity in sharp contrast to lacklustre main board: RBI

Credit and finance for MSMEs: “Progress towards broadening the investor base, reducing the information asymmetry for investors, and adequate aftermarket…

October 17, 2022 20:01 IST

MSME Ministry, Mizoram, Aizawl, NSSH Scheme, Dr. R Lalthangliana, National SC-ST Hub Mega Conclave, Government schemes, State Government, Commerce and Industry Minister, entrepreneurs, public procurement, Scheduled Caste, Scheduled Tribe, Mercy Epao, B B Swain, Secretary MSME Ministry, GeM, CPSEs

The state govt needs to work with the MSME ministry to boost sectoral growth, says Mizoram’s Industry Minister

Ease of Doing Business for MSMEs: The National SC-ST Hub Mega Conclave in Aizawl was organised by the MSME ministry…

October 17, 2022 18:54 IST

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Pine Labs IPO Opens Nov 7: Is Rs 3,900 crore issue poised to transform fintech space

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Pine Labs, a fintech company, is set to raise Rs 3,899.91 crore through IPO for expansion, loan repayment, and IT investments. The subscription opens on November 7 and the company will be listed on NSE and BSE on November 14.

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