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Coronavirus has dealt a ‘huge blow’ to MSME sector: Nitin Gadkari

Nitin Gadakri also urged the officials to go all out for the assistance for MSMEs by revising and upscaling the schemes after proper third party independent evaluation.

Small traders send Corona relief wishlist to FM Sitharaman; credit, insurance, more among top requests

Ease of Doing Business for MSMEs: CAIT along with other associations representing MSMEs, small retailers, and more have been making representations to the government in the past few days seeking relief for micro, small and mid-sized businesses.

With survival at stake, MSMEs tell Piyush Goyal three key issues hurting them most amid Covid-19

Ease of Doing Business for MSMEs: "I think we should start talking more practical instead of making wish lists,” Commerce Minister Piyush Goyal told industry associations.

VC funds smell new startup opportunities in post-Corona world as global crisis resets consumer habits

VCs are currently focusing more on managing their existing portfolio of startups instead of making investments. The focus for startups is on conserving cash as most of the expenses are being diverted towards managing Covid-19 related expenses.

COVID-19 pandemic to hit MSME exporters more: Trade experts

The sector also contributes about 25 per cent to the country's GDP (Gross Domestic Product) from service activities and over 33 per cent to the manufacturing output of India.

Small town heroes: How entrepreneurship in India’s hinterland is becoming new normal to startup culture

With limited access to resources, small-town entrepreneurs look for the most cost-effective way to build and market their products.

Fight against coronavirus: Hacking a solution to COVID-19 crisis

‘Hack the Crisis’ event has thrown up some interesting innovations; it's time governments support these solutions

Covid-19: OYO sends ‘significant number’ of employees on leave; revenue drops over 50%

While OYO didn’t disclose the number of affected employees and “select other markets” where it has carried out the exercise, the company said that employees in India would remain unaffected.

Govt’s MSME technology centres swing into action against Covid-19; to make masks, ventilators, more

Technology for MSMEs: The decision comes nearly a week after the ministry urged MSMEs in manufacturing or supply of medical and related equipment to register as a supplier on the government’s e-commerce portal GeM.

Small businesses struggle to survive amid Covid-19; may tap into working capital loans to sustain ahead

Credit and Finance for MSMEs: Bank credit as of February-end stood at Rs 89.8 lakh crore out of which Rs 10.95 lakh crore was deployed in micro and small enterprises – 6.7 per cent up from same period last year.

Covid-19: DST-backed cancer screening startup develops low-cost Covid-19 screening, testing kits

The modules are currently under validation and are likely to be deployed at point-of-care locations such as hospitals and even ‘mohalla’ clinics in eight-10 weeks.

GST: 5 reasons why India’s largest indirect tax reform is eventually good for small businesses

GST and Taxation for MSMEs: While not everything went according to plan, there is no doubt that GST ultimately is suitable for SMEs. The impact of GST on different sectors of the economy has become a never-ending debate.

Coworking company WeWork sues its biggest investor SoftBank; alleges breach of contract

Softbank had last week said in a statement that its “offer for up to $3 billion worth of shares of WeWork held by other stockholders has ended because certain conditions to the tender offer were not satisfied."

From UberEats, Ola to Grab, DiDi, how startups, govts globally are battling Corona for small businesses

Credit and Finance for MSMEs: From cab booking, on-demand professional services to online deliveries, startups globally have been stepping up to ensure minimal impact of Covid-19 on small businesses, gig workers etc.

Job cuts on anvil: Small, medium retailers may layoff this many employees as Covid-19 kills liquidity

Skilling, Labour, Talent for MSMEs: Over 95 per cent non-food retailers have shut their shops during the lockdown while revenues are expected to shrink 40 per cent in the following six months.

Credit quality of small businesses remain stable despite declining to 7-year low in FY20

Credit and Finance for MSMEs: The credit quality of small and medium enterprises (SME) in FY20 has declined by 6 basis points to a seven-year low in FY20.

How Covid-19 has created revenue opportunities for tech businesses adopting this unique approach

The growing impact of the unprecedented human tragedy on the global economy has hampered the functioning of several sectors, including technology, aviation, automotive, pharmaceuticals, banking, etc.

Telangana deploys Covid-19 monitoring app developed by start-up

The analytics of the app also facilitate assurance to stakeholders by providing facts and figures at their fingertips.

Indian entrepreneurs are sensitive to local consumer preferences: Yuki Kawamura of AET Fund

Content is increasingly being consumed across an array of devices and platforms, which has shifted the onus away from non-digital platforms while simultaneously heralding the fragmentation of this audience base.

Containing Covid-19: Nasscom CoE incubated startups show their mettle

While DronaMaps is helping map Covid-19 patients in Haryana and other states, Blinkin has provided remote tech support for installing air ventilation systems in two Wuhan hospitals