User: gauravkhambhala Topic: smenews
Category: sme
Last updated: Nov 15 2018 18:58 IST RSS 2.0
 
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India- Taiwan SME Development Forum beings in Taipei 15.11.2018 Govt of india: PIB
Secretary MSME at the India- Taiwan SME Development Forum in Taipei Secretary MSME,Dr.Arun Kumar Panda, led the Indian Delegation in the India- Taiwan SME Development Forum being held at Taipei, Taiwan from 13th to 17th November, 2018.
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Opinion: Holistic digital transformation 15.11.2018 Financial Chronicle
Rama Krishna Kuppa In 2016, ‘The Economist’ reported that, “Every second, three more Indians experience the internet for the first time. By 2030, more than 1 billion of them will be online.” Over the past half a decade, India has gained a sizeable and ever-expanding base of digital consumers and users of digital devices. A Google-BCG report from 2017 predicts that digital spending in India is set to reach $100 billion by 2020, tripling from $33 billion in 2016-17. While large corporations and businesses have spent the last couple of years integrating digital tools along with information and communication technologies, most small and medium enterprises (SMEs) are still teetering on the threshold of digitisation, debating the value and cost of such a transition. Broadly, digital technology offers businesses the following benefits: *It enhances productivity and efficiency across the enterprise, and allows for better workflow management; *It enables businesses to reach out to and engage customers in ...
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Jaitley links minimising bad loans with credit flow 13.11.2018 Financial Chronicle
Mumbai Signalling a thaw in its fraught ties with the Reserve Bank of India, finance minister Arun Jaitley on Sunday said minimising bad loans alone can ensure adequate credit flow to small businesses and the troubled NBFCs and also help take care of the liquidity concerns in the market. The finance minister’s statement aligns with the RBI’s resolve on the issue which has been doggedly pressing for action on high non- performing assets (NPAs). The apex bank has also been averse to government demand for special dispensations for SMEs, NBFCs and the power sector to help boost growth ahead of the April-May hustings. “To maintain the strength of our banking system and to enable it to help the economy grow, we need to minimise our NPAs,” Jaitley said, speaking at the 100th foundation day of the Union Bank of India here Sunday evening through video conferencing. “It is only a strong banking system that will be able to improve credit in those sectors which really need credit. The MSME (micro, small and medium ...
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Modi's SME diwali gift could be Sugar-rush for Gujarat based company, says report 8.11.2018 Sify Finance
CapitaWorld, an Ahmedabad based company could be reaping the big benefits of PM Modi's loan in under hour scheme.
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RBI autonomy essential, says FinMin 1.11.2018 Financial Chronicle
New Delhi In an attempt to control the damage inflicted by its rift with the Reserve Bank of India (RBI), finance ministry on Wednesday asserted that the autonomy of the RBI was “essential”. It also stated that consultations will be initiated with the central bank for requirements of the Indian economy and public interest. The comments came after reports that RBI governor Urjit Patel was on the verge of resigning over the breakdown in relations with the government over invoking of Section 7 of the RBI Act. Sources said the RBI and the government will continue discussion under Section 7 of the RBI Act on giving relief to power companies from stringent February 12 circular. Use of RBI’s capital reserves by government, relaxing constraints on PCA banks for loans to SMEs are the other contentious topics between the two. Meanwhile, a senior ministry official said the NBFC stress is hitting real ty and auto sales and RBI is not even acknowledging the liquidity crunch. The official said it has always been ...
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Credent Asset Management launches India's first multi asset PMS 31.10.2018 Sify Finance
[India], Oct 31 (NewsVoir): Credent Asset Management (CAM) is the first Portfolio Management Services (PMS) in India that acts as an enabler for the investor. The company has established
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Current Affairs wrap for the day: October 31st 2018 31.10.2018 Scroll.in
Get all the big national and international news and stay up to date with Current Affairs and General Knowledge to prepare for competitive exams.
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Japanese businessmen will invest 2.5 billion USD in India: PM Narendra Modi 29.10.2018 Zee News : India National
The PM asked Japan's medium, small and micro enterprises to explore business opportunities in India.
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CII joins WhatsApp to train SMEs across India 29.10.2018 Sify Finance
The Confederation of Indian Industry (CII) on Monday announced that it would work with WhatsApp to educate and train small and medium enterprises (SMEs) on how WhatsApp Business app can help them grow their businesses.
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India’s internet services can grow to $124 b by 2022: Study 24.10.2018 Financial Chronicle
Bangalore/Chennai India’s Internet Services sector has the potential to emerge as a $124 billion business by 2022 from the current base of $33.8 billion, said a report titled “Economic Impact of Internet Services in India” released by the Internet and Mobile Association of India (IAMAI) on Tuesday. Under a conservative estimate, the internet services market will reach $76.4 billion in next four years, however, the sector has the potential to close to double in value, said the study. The sector currently employs 10 lakh employees and it is estimated to create 12 million net jobs by 2022. India, by 2022, is expected to become a country of 1.4 billion people. With the proliferation of affordable internet connectivity, the number of internet users in the country is projected to increase 1.6x times from 481 million to reach 762 million in 2022, said the report. Along with increased availability of internet connectivity, the number of smartphone users in India too is estimated to grow at 1.75x times to reach ...
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Indian SMEs Delegation participates in 8th European SMEs Congress in Poland 18.10.2018 Govt of india: PIB
A delegation of 32 Indian SMEs led by Ms. Alka Arora, Joint Secretary, Ministry of MSME,is participating in  the 8th European Congress on SMEs at Kotawice, Poland. Inaugurating the event, Ms. Alka Arora said India is home to more than 60 million MSMEs, which have the ability and capability to access international markets and work as ancillaries to larger international firms.
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6th India International Silk Fair Inaugurated 16.10.2018 Govt of india: PIB
    Smriti Zubin Irani inaugurating India International Silk Fair in New Delhi             Union Minister of Textiles, Smriti Zubin Irani, inaugurated the 6th India International Silk Fair (IISF) at Pragati Maidan in New Delhi today.
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India-Azerbaijan sign protocol on trade and economic, science and technology cooperation 12.10.2018 Govt of india: PIB
  Suresh Prabhu and Mukhtar Babayev exchanging protocol on trade and economic, science and technology cooperation between India and Azerbaijan             The 5th meeting of India-Azerbaijan Inter-Governmental Commission on Trade and Economic, Science and Technology Cooperation (IA-IGC) was held on 11-12 October, 2018 in New Delhi.
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3EA launches its matrix for effective performance management system, designed for SME's 11.10.2018 Sify Finance
[India], Oct 11 (NewsVoir): 3EA is the first and fastest growing Indian public limited management consulting company offering 360-degree functional strategic solutions across industries to the SMEs
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Sharp decline in IPOs in third quarter, but more expected before elections says EY data 9.10.2018 Sify Finance
Interest rates, trade wars, US economic growth could be some of the factors for a dip in IPO activity says Ernst and Young's study.
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Cabinet approves MoU to promote India-Russia cooperation in MSME 4.10.2018 Sify Finance
[India], Oct 04 (ANI): Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of a Memorandum of Understanding (MoU) between National Small Industries Corporation
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Cabinet approves MoU between India and Russiaon cooperation in the field of Micro, Small and Medium Enterprises 3.10.2018 Govt of india: PIB
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved signingof aMemorandum of Understanding (MoU) between National Small Industries Corporation Ltd. (NSIC) - a Public Sector Undertaking of the Ministry of Micro, Small & Medium Enterprises (MSME) of the Republic of India and JSC-Russian Small & Medium Business Corporation (RSMB Corporation), Russia.
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French biz unnerved, dismayed over Rafale row 1.10.2018 Sify Finance
Former French President Francois Hollande's surprise outburst over the Rafale deal has added to the discomfort and uncertainty in the French business community about the future of the largest Indo-French deal in decades.
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Platforms helping SMEs multi-fold their business growth 28.9.2018 Sify Finance
[India], Sep 28 (ANI): The e-commerce industry in India is going to be worth USD 107 billion by 2020, reflecting the momentous opportunity available for Indian SMEs.
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GST has hit the private security industry badly 27.9.2018 Sify Finance
has received much appreciation from various industries, but there are sectors that have been terribly impacted after the introduction of the new tax regime.
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