MSME pre-pack process sees limited effectiveness, says IBBI report; suggests steps to enhance adoption
FE Emerging Business Growth Workshops: Surat edition to highlight path to digital transformation for local MSMEs
Budget 2024: ‘Extend current schemes, offer tax breaks, domestic capital access and more for startups’
Startup story set for better script in new year after unicorns, funds fall in 2023 Startups with sustainable business models as well as the well-capitalised ones are expected to weather the current turmoil. And the… By PTIDecember 29, 2023 11:47 IST
Piyush Goyal releases E-Commerce Exports Handbook for MSMEs; extends RoDTEP to courier, postal exports The minister also announced extending the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to courier and… By MSME DeskDecember 29, 2023 11:06 IST
Ram Temple consecration likely to generate Rs 50,000 crore trade in January: CAIT According to CAIT, large quantities of special cloth garlands, lockets, key chains, pictures of Ram Darbar, models of Ram temple,… By MSME DeskDecember 28, 2023 14:02 IST
50% of MSME credit gap in low, middle-income nations can be closed by digital public infra: Report The report, showcasing the outcomes and prospects following the 2023 G20 summit under India’s presidency, noted that the use of… By MSME DeskDecember 28, 2023 13:19 IST
NBFC credit growth to MSMEs more than 3x that of banks: RBI report “NBFCs have steadily expanded their MSME portfolio, addressing the credit needs of the sector and contributing to overall financial inclusion… By Sandeep SoniDecember 27, 2023 18:27 IST
TReDS sees 56% YoY growth in invoices uploaded, financed: RBI report The number of registered MSME sellers increased by nearly 51 per cent during FY23, while the number of buyers (corporates/other… By Sandeep SoniDecember 27, 2023 17:46 IST
Entitled Solutions, startup for blue-collar workers, raises $1.3 million from security firm SIS Founded in 2020, Entitled had earlier raised capital from HDFC Capital, LetsVenture, Sotheby’s and angels including Nipun Sahni (Partner, Apollo… By MSME DeskDecember 27, 2023 15:35 IST
Recap 2023: GST-related key developments that mattered for MSMEs Here’s a quick recap of the year that was for small businesses that have been resilient and persistent to survive… By MSME DeskDecember 27, 2023 12:43 IST
Average 11 jobs created by each startup; Rs 17,272 crore invested in 915 startups: Startup India review “Several programs have been implemented over the years under the Startup India initiative to support entrepreneurs, build a robust startup… By Sandeep SoniDecember 26, 2023 18:34 IST
Startup layoffs 2023: Over 16,000 employees fired in India amid funding winter Startups have been narrowing their employee count as India saw another cycle of drying up funding since last year to… By Sandeep SoniDecember 26, 2023 17:24 IST
BharatPe sees 182% jump in FY23 operating revenue; logs Rs 886 crore pre-tax loss BharatPe said it reported a 129 per cent increase in loans facilitated, reaching Rs 5,339 crore in FY23. By Sandeep SoniDecember 26, 2023 14:12 IST
Year ender 2023: Here are the biggest defaulters of MSME payments; top PSUs, central departments, and more As of December 4, 2023, state governments were responsible for the highest number of 4,392 pending MSME payments applications amounting… By Sandeep SoniDecember 26, 2023 13:28 IST
InCred Finance valued at $1.04 billion following $60M funding; becomes 2nd unicorn of 2023 The non-banking financial company (NBFC) is the second company (after 10-min grocery delivery startup Zepto) to gain unicorn status this… By MSME DeskDecember 25, 2023 16:21 IST
ZED scheme: Financial support extended to MSMEs crosses Rs 100 crore Any number of units registered under one Udyam registration can apply for subsidy under the scheme and each unit can… By MSME DeskDecember 25, 2023 15:19 IST
E-commerce-related compliances that need more focus to help MSMEs grow digitally Despite government efforts, gaps remain in the MSME sector, with many reluctant to enter the formal sector or register due… By GuestDecember 24, 2023 12:24 IST
Pipe manufacturing SME AIK Pipes and Polymers sets IPO price at Rs 89 per share; issue opens Dec 26-28 Shreni Shares Ltd is the book-running lead manager to the issue, while Skyline Financial Services is the registrar for the… By PTIDecember 24, 2023 11:57 IST
What is MSME-1 form to tackle delayed payments challenge? All you need to know In order to track dues outstanding by companies and address the late payment issue faced by MSMEs, the government in… By MSME DeskDecember 22, 2023 18:38 IST
Agritech startup Fasal raises Rs 100 crore from investors to expand its business Founded in 2018, Fasal leverages AI, crop sciences, and Internet of Things (IOT) to provide farm-level, crop-specific and crop-stage-specific intelligence,… By PTIDecember 22, 2023 14:06 IST
Google Trends: Stranger Things Season 5 X reviews out; fans call Will Byers the heart of the season, rave about cliffhanger
Nalin Haley attacks Vivek Ramaswamy as a ‘creep,’ over his reforms: Netizens say, ‘Nikki, check your son’
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