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Infibeam Avenues’ new growth plan; firm to demerge SME E-commerce Service, marketplace biz
As per a regulatory filing, the restructuring will allow the management of each of the resulting companies to pursue independent growth strategies in markets, and create enhanced value for shareholders.
From Gurugram, Hyderabad to Chapra, Mughalsarai, Ola Bike expands to 150 cities
Ola Bike, which competes with UberMOTO and Rapido primarily was launched in 2016 in Gurugram, Faridabad and Jaipur following which it has been introduced in Hyderabad, Chandigarh and Kolkata and small
Cheer for exporters: New credit scheme on anvil with enhanced insurance cover; to benefit MSMEs
MSME-related products' share in India's total exports for FY19 stood at 48.10 per cent while the value for MSMEs’ share of exports was $147.4 billion.
OYO partners Mountania Developers to open its first upscale hotel in Ahmedabad
Mountania Developers has acquired the 64-suites property in Ahmedabad which will be operated under OYO brand by redesigning it into a premium upmarket hotel, the company said in a statement.
Two years of GST and Ease of Doing Business for MSMEs: Hits outweigh misses
For a nation of a billion consumers with over 60 million SMEs spread out in metros as well as the Bharat, the fully digital system of tax network, with complex new laws to comply with, the regime was
MSME lending: Worst yet to come; unless RBI bails out NBFCs, loan against property to fall more
The value of loan against property (LAP) assets managed by HFCs and NBFCs went up by only 8.3 per cent over the six months to December 2018 down from 15.4 per cent rise over the previous six months, M
Flipkart leaves Amazon, Pepperfry behind; captures 41% of online furniture market
Online furniture market is growing at a rapid rate of about 80-85% CAGR, and by 2022, the sales via online medium are expected to reach $700 million.
MSMEs running out of refinancing options as NBFs freeze LAP: Moody’s
NBFCs and HFCs have been bringing down their exposure in LAP lending to MSMEs due to funding squeeze which is caused by liquidity crises in the financial sector after the default of IL&FS in September
Amazon strengthens delivery ahead of festive season; doubles presence of partner network
Amazon continues to invest in the success of its flagship programme 'I Have Space', the first of its kind in the-commerce industry.
Coworking: This startup makes shared workspaces more affordable for SMEs; launches new offer
Coworking spaces in India will be hosting 13.5 million users by 2020 as the demand for flexible offices – including coworking spaces and serviced offices – is growing faster in the Asia Pacific th
Sales growth not working capital is major challenge for MSMEs, says survey
For 47 per cent of the MSMEs, surveyed by Mumbai-based consulting firm A&A Business Consulting focusing on small and medium businesses, sales growth and not the working capital is the major challenge.
Govt’s Alibaba-like e-commerce portal for MSMEs to make small businesses as attractive as startups
MSME Minister Nitin Gadkari had said that the government is planning to launch the e-commerce portal Bharat Craft on the lines of Alibaba and is expected to get to the turnover of Rs 10 lakh crore in
OYO Workspaces starts new co-working centre in Connaught Place
With location, design, technology and community building as its key drivers, he said, the company is confident that its product has an edge over the others in the industry.
Export incentives: Aligning new policy with WTO norms to benefit MSMEs most
The RoSCTL was introduced in March 2019 with the intent to rebate all embedded State and Central taxes for garments and apparel and is presently available for the textile industry.
Borrowing from NBFCs? Here’s checklist of 5 must-haves for MSMEs before selecting right lender
Over the last couple of decades, Non-Banking Financial Institutions (NBFCs) have emerged as a convenient, affordable, and quick source of borrowing for SMEs particularly in remote areas where banks ma
Start-Up haven: Delhi-NCR races past Bengaluru, Mumbai in numbers, value
Region is home to over 7,000 start-ups and 10 unicorns with cumulative valuation of $50 billion.
Delhi is start-up hotbed: Most unicorns, active startups from NCR; total valuation at $50 billion
National capital Delhi is a start-up hotbed and most number of Indian unicorns have emerged from the city.
Jack Ma’s 20-year reign on Alibaba comes to an end
Jack Ma is giving up the reins of Alibaba Group Holding Ltd. after presiding over one of the most spectacular creations of wealth the world has ever seen.
Not safety but low surge price, driver penalty for cancelled rides: What users want from Ola, Uber
Customers of ride-sharing applications like Ola and Uber are more worried about surge pricing and ride cancellations from the driver’s end rather than safety.
Through the eyes of investors: What investors look for in a founder and his team
Startup: Investors carefully assess the qualities of a founder like his passion and determination among other things before investing in a company.
OYO expands presence to over 500 cities in India
On growth opportunities in India, Ghosh said: "We are less than 5 per cent of the total unbranded hotel and guesthouse market in India and there is massive headroom for growth now and in coming years.
Dell sharpens focus on small businesses, launches portal for SMB’s technology needs
Dell along with other global technology corporations including Whatsapp, Intel, HP, Vodafone Idea has partnered with industry body CII and Ministry of MSME to facilitate MSMEs with technology adoption
India’s search for cleaner, greener fuel may end in its kitchens
As of now, used cooking oil is either not discarded or disposed of in an environmentally hazardous manner and sometimes even finds its way to smaller restaurants, dhaabas, and street-vendors.
Flipkart’s festive season game plan: Onboards record number of kiranas to sell this Big Billion Day
The new kirana sellers would enable Flipkart to reach out particularly in tier-II and III towns even as it delivers more than 1 million shipments daily to almost all pincodes in India.
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
