User: gauravkhambhala Topic: smenews
Category: sme
Last updated: Jun 25 2017 23:51 IST RSS 2.0
 
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AU Small Finance Bank: Impressive track record 25.6.2017 Business Standard: News Now
Assets have tripled as it transformed from unorganised lender to NBFC and then a small finance bank
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ShopClues rolls out GST compliance services for over 6, 00,000 MSME merchants 23.6.2017 New Kerala: Business India
ShopClues rolls out GST compliance services for over 6, 00,000 MSME merchants
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ShopClues rolls out GST compliance services for over 6, 00,000 MSME merchants 23.6.2017 Sify Finance
[India], June 23 (ANI): India's first and largest marketplace ShopClues is introducing several merchant initiatives and workshops nationwide to have a smooth transition to the Goods and Services
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Tata DoCoMo Business Services targets SME segment in Kerala 23.6.2017 HBL: Info-tech
Tata Docomo Business Services has upgraded and expanded its product portfolio for small and medium enterprises (SMEs) in the Kerala market. Joyjeet Bose, Vice-President, SME Operation, South, T...
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‘Udyog Samvaad’ launch today 23.6.2017 The Assam Tribune
‘Udyog Samvaad’ launch today
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MSMEs all set to embrace GST challenges 22.6.2017 New Kerala: Business India
MSMEs all set to embrace GST challenges
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MSMEs all set to embrace GST challenges 22.6.2017 Sify Finance
[India], June 22 (ANI): The CII MSME Summit titled, 'Breaking Barriers to Excellence: Unlocking Hidden Potential,' echoed the preparedness of MSMEs to adopt the GST regime.
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Is GST on diamond processing an unintended gift to China? 21.6.2017 Business Standard: Companies & Industry
5% tax on job work to make smaller stones costlier; two-third local units may shift base to China
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Mswipe raises Series D funding of USD 31 million 21.6.2017 New Kerala: Business India
Mswipe raises Series D funding of USD 31 million
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Sophos to secure Konica Minolta's 'Workplace Hub' 21.6.2017 All News-IANS Stories
Global software security firm Sophos on Wednesday announced a partnership with Japan-based Konica Minolta to secure its popular platform "Workplace Hub".
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Mswipe raises Rs 200 cr from Ratan Tata-backed investor and others 21.6.2017 Business Standard: News Now
Ratan Tata-backde UC-RNT fund and others have invested around Rs 200 crore into Matrix-backed digital payment technology firm Mswipe Technologies Pvt Ltd. The company will use the funds to develop the largest network of merchants accepting digital payments in the country.UC-RNT fund, a joint venture between Ratan Tata's RNT Associates and the University of California along with existing investors Matrix Partners India, Falcon Edge Capital, and DSG Consumer Partners invested in the round. The company has earlier raised a sum of over $56 million from marquee investors like Falcon Edge Capital, Matrix Capital Partners, DSG Partners and Axis Bank.Mswipe Technologies Private Limited, a POS merchant acquirer and network provider, currently has a payment network of over 2,46,000 terminals spread across over 550 cities. Over 80 per cent of Mswipe's customer base comprises of SME merchants. The annualized value of total transactions enabled by the company across its network stands at Rs 9,560
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10th Anniversary Celebrations of Indo-Russian Partnership in Science and Technology 21.6.2017 Govt of india: PIB
A MOU on the India-Russia unified technology assessment and accelerated commercialization programme, was concluded in Moscow in 20th June 2017, by the Secretary, Department of Science & Technology (DST)
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Tier-3, Tier-4 cities next SME hubs 20.6.2017 Deccan Herald - Analysis
Over the past decade, the small and medium enterprises (SME) sector gained substantial growth owing to rapid development, technological disruption, and greater awareness around this space. In addition, the vast scope for growth present within this industry has also encouraged many budding entrepreneurs to explore possibilities within multifarious industries and build successful businesses. According to a Confederation of Indian Industry (CII) report, the MSME sector is the backbone of India's national economic structure, and is constantly strengthening the economy in the face of various global economic meltdowns and adversities. Comprising of more than 51.1 million units throughout the country, the MSME sector contributes up to 7% of the manufacturing GDP. It also contributes 31% of the GDP from service activities, and 37% of manufacturing output to the economy. Apart from that, the MSME sector also facilitates job creation. The sector has provide employment opportunities to more than 120 million people, ...
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Masala bond curbs unlikely to be disruptive 20.6.2017 All Markets Stories
Indian companies raised Rs 33,165 crore through the masala bonds route till April
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DNA View Point: SME sector should get 6 months to ingest complexities of GST 19.6.2017 DNA: Top News
In its bid to get the maximum number of firms and individuals under the tax bracket, the Union government is boldly going ahead with the implementation of the game-changing reform of Goods and Services Tax (GST). This sort of tax disruption, virtually unprecedented in the country, might boost the indirect tax collections but the revenue increase, many predict, might be a short-lived one. The GST law brings entities and individuals with an annual turnover of Rs 10 lakh under its ambit. For North-Eastern states, the limit has been reduced to Rs 5 lakh. These conditions have set alarm bells among SME (small and medium-sized enterprises) players – which had been exempt from payment of any excise duty if their total turnover did not exceed Rs 1.5 crore. Now, they too will come under the GST umbrella. While this may boost tax collections in the short-term, in the long run it might overburden these firms. Already, a number of SME associations are questioning the GST, claiming that the structural and legislative ...
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Dr Subhash Chandra voices SME concerns over GST 18.6.2017 DNA: Top News
Adding heft to the rising concerns regarding the initial impact of the Goods and Services Tax (GST), especially in the SME (Small and Medium Enterprises) sector, Rajya Sabha MP and Essel Group Chairman Dr Subhash Chandra on Saturday requested the government not to take any action for non-compliance of GST during the first six months of its implementation. Dr Chandra tweeted: "I have requested GOI & finance minister not to take any action against non-compliance of GST for 6 months from effective date." In another tweet, Dr Chandra further said, "There is nervousness about what & how of GST in SME across the country, hence my request for 6 month no action and no penal action". The impact of the unified tax system on the Indian SME sector is expected to vary across different segments. Industry experts are sceptical about the impact of GST, saying it can both hurt as well as help the GST sector. In April this year, while delivering a speech in Rajya Sabha, Dr Chandra had welcomed GST, but went a step ahead ...
Free trade vs protection: Battle still on 17.6.2017 Business Standard: Economy & Policy
The priority given to free trade has generated expectations that are yet to be met
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CAIT asks GST Council to revisit products under 28% slab 17.6.2017 HBL: Home
A day before the GST Council meet, traders’ body CAIT today demanded re-visiting the items put in 28 per cent slab and confine the top tax bracket to only luxury and demerit goods. The all powerful G...
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Assocham seeks deferment of GST implementation from July 1 17.6.2017 BusinessLine - Economy
Writes letter to GST Council Chairman Jaitley
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PM Modi comes to aid: Authorises release of Rs 50,000 to orphan siblings 17.6.2017 Latest News
The siblings had found Rs 96,500 in demonetised currency notes in their locked house
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