User: gauravkhambhala Topic: smenews
Category: sme
Last updated: Jan 18 2018 20:31 IST RSS 2.0
 
21 to 40 of 13,263    
Urgent need to devise policy framework to address export finance issues: Commerce secretary 15.1.2018 General News
We need to actually gear up not just the regulatory frameworks to address the precise needs of export finance and institutions serving export markets but also look at the costs of being able to serve smaller organisations using technology, using better tools in order to bring down the costs of actually extending credit to MSME sector, said Ms Rita Teaotia.
Also found in: [+]
You might prevent spam in WhatsApp soon 14.1.2018 General News
WhatsApp is working on a feature in its app which will empower its users to prevent spam messages in the next update version 2.17.430, an app watcher said.
Also found in: [+]
Budget: Realty sector eyes lower GST, infra status 14.1.2018 General News
Severely impacted by various reforms like RERA, GST and demonetisation, the realty sector is pinning its hopes on Budget 2018-19 for relief measures like lower taxes and infrastructure status. The year 2017 was an eventful one for the sector with many structural policy reforms, which resulted in a significant decline in home launches to 1,03,570 units compared to 1,75,822 in 2016. Industry players are expecting rationalisation of the GST rates from the current 12 per cent to 6 per cent and bringing stamp duty under the ambit of GST. "Also, industry status to the full real estate sector will help in creating surplus housing demand along with financing at lower rate for long-term projects. "Rationalisation of GST by capping it at 6 per cent with input tax credit for the entire segment in real estate will help revive and boost demand," Naredco National President Niranjan Hiranandani said. During the pre-GST era, service tax was around 4.5 per cent and VAT 1 per cent -- ...
Also found in: [+]
US puts Alibaba's Taobao on blacklist again for selling fakes online 14.1.2018 Business Standard: News Now
Trade tension between US and China is increasing as China's economy continues to grow quickly
Also found in: [+]
Commerce Secretary urges policy framework to address export financing woes 13.1.2018 Sify Finance
[India], Jan 13 (ANI): In lieu of the inefficiency of India's current institutional framework in recognising risks of overseas markets, Commerce Secretary Rita A. Teaotia highlighted a "pressing
Also found in: [+]
Commerce Secretary urges policy framework to address export financing woes 13.1.2018 General News
In lieu of the inefficiency of India's current institutional framework in recognising risks of overseas markets, Commerce Secretary Rita A. Teaotia highlighted a "pressing need" to devise policy framework needed to address issues of finance to exports."We need to actually gear up not just the regulatory frameworks to address the precise needs of export finance and institutions serving export markets but also look at the costs of being able to serve smaller organisations using technology, using better tools in order to bring down the costs of actually extending credit to MSME sector," she said while inaugurating an ASSOCHAM conference on 'Role of trade finance for inclusive growth,' in Mumbai.Taking cognisance of the challenges for the SME sector, particularly exporters, Rita said the availability of finance and export finance is constrained and hampers the competitiveness of India's exports. Unless this challenge is addressed, Rita opined that India will not gain global ...
Also found in: [+]
NCLT orders liquidation of Gujarat NRE Coke on slump sale basis 12.1.2018 All Companies Stories
The National Company Law Tribunal, Kolkata Bench, has ordered liquidation of Gujarat NRE Coke on a slump sale basis. The order was passed on Thursday.The resolution professional for the Corporate Insolvency Resolution Process (CIRP), Sumit Binani, has been appointed the liquidator. In case of difficulty in the process of liquidation, Binani will be guided by the decision of the monitoring committee which comprises erstwhile members of the committee of creditors.Sources pointed out that normally a company is discharged overnight. So it is first shut down and then sold. Liquidation on a slump sale was being done so that it is sold as a going concern. On the one hand, it was mostly likely to fetch a higher prices while on the other, the livelihoods of 1,178 workers on the company's payrolls would be protected.The order states that Section 32, Chapter VI of the Insolvency and Bankruptcy Board of India (IBBI), (Liquidation Process) Regulation 2016, provides that the manner of sale can be ..
Also found in: [+]
Board of Sri Krishna Constructions (India) approves change in trading platform 12.1.2018 General News
At meeting held on 12 January 2018
Also found in: [+]
Google's first India Cloud Platform set to empower enterprises, SMBs (Tech Trend) 12.1.2018 General News
Several Indian enterprises have chosen Google Cloud to grow their businesses in the past few years. With the Google Cloud Platform (GCP) region now live in the country, the behemoth is one step closer to helping more local firms embrace Cloud.
Also found in: [+]
MSME units gearing up to take part in defence manufacturing 12.1.2018 Hindu: Home
Government urged to take steps to support micro units directly
Also found in: [+]
Ma Foi Educational Service Company launched 11.1.2018 General News
Ma Foi Academy today made its foray in the city, bringing various training, skill development and placement opportunities for the youth in Tamil Nadu's western region. The target group of the Academy will be BSc/MSc, MCA, BE Computer science and IT engineering students, which will benefit the students of Coimbatore, Erode, Tirupur and Salem districts, Ma Foi Co-founder, Latha Rajan told reporters here. The academy, now functioning in Chennai, has designed various curriculum,course and training programmes--Pathfinders for manufacturing industry, 100 per cent job assured programme and IT Industry Training programme. Stating that along with upgrading students' skills, the academy will also upscale the knowledge of faculty through its development programme, Latha said that there are a team of experts in skill development,by which the academy will be able to identify the industry's requirement for the coming decade.
Also found in: [+]
Board of AGI Infra approves migration to Main Board of BSE 11.1.2018 General News
At meeting held on 11 January 2018
Also found in: [+]
Chinese authorities demolish well-known evangelical church 11.1.2018 General News
Authorities in northern China's coal country have demolished a Christian mega-church that clashed with the government. The action underscores long-standing tensions between religious groups and the officially atheistic Communist Party that strives for complete political and social control. Witnesses and overseas activists say paramilitary People's Armed Police forces used excavators and dynamite on Tuesday to destroy the Golden Lampstand Church in the city of Linfen. Hundreds of police and hired thugs smashed the church and seized Bibles in an earlier crackdown in 2009. There are an estimated 60 million Christians in China, many of whom worship in independent congregations like the Golden Lampstand. The surging popularity of non-state-approved churches has raised the ire of local authorities. An official at the local religious affairs bureau denied the demolition took place.
Also found in: [+]
YouTube cuts ties with vlogger over Japan suicide video 11.1.2018 All News-IANS Stories
Video streaming site YouTube has cut business ties with Logan Paul, the hugely popular vlogger who posted a video showing the body of an apparent suicide victim in Japan a few days back.
Also found in: [+]
Budget 2018: How Should India Improve its Corporate Income Tax Regime? 11.1.2018 The Wire

If drawn into a competitive tax war, India may need to make further concessions, which in turn will have negative consequences for our already troubled investment-GDP ratio.

The post Budget 2018: How Should India Improve its Corporate Income Tax Regime? appeared first on The Wire.

Also found in: [+]
FDI in retail: Congress accuses BJP of deception on the issue 10.1.2018 Business Standard: Front Page Headlines
In 2011, the BJP had staunchly opposed the Congress-led government's decision to allow FDI in retail
Also found in: [+]
Chinese firm to operate Apple's iCloud 10.1.2018 General News
The iCloud services of Apple Inc in China will be operated by a local partner in Guizhou province from February 28, where the data of all Apple customers in China will be stored, the company said today. From then on, photos, documents and other personal information uploaded to iCloud accounts by Apple customers in China will be stored at a database in Guizhou-Cloud Big Data Industry Co. Apple will start informing its Chinese iCloud users from today, with data transferred and uploaded to the new database automatically. The move aims to increase transparency and offer Chinese customers a safer and more fluent experience, the company said. An executive with Guizhou-Cloud Big Data said, "we are very proud and happy to be a partner of Apple, and look forward to the operation of the iCloud project". Business analysts said the move will help Apple comply with Chinese law concerning customer data and allay some customers' concerns about security of their data, state-run Xinhua .
Also found in: [+]
COAI seeks relief on tax demand over rebate on SIM sale 10.1.2018 General News
Cellular operators' body COAI today sought lowering of GST on telecom services and bringing tax withholding rate to 1 per cent over discount that companies offer for sale of pre-paid SIM cards to independent distributors. The Cellular Operators Association of India in a statement said that discount extended to the pre-paid distributors does not fall within the ambit of section 194H of the Income Tax Act and the the matter is presently pending for adjudication before the Supreme Court of India. "It is important to understand and appreciate that the discount extended to pre-paid distributors is not a commission, as these distributors do not act as agents of telecom companies," COAI Director General Rajan S Mathews said. Telecom companies transfer prepaid vouchers and SIM cards to independent distributors at a discount, who then sell them to retailers and subscribers. "In order to bring the ongoing litigation to an end, given the low margins earned by the distributors, a ..
Also found in: [+]
Swiggy launches operations in Chandigarh 10.1.2018 General News
Food ordering and delivery platform Swiggy today said it has expanded its services to Chandigarh and has tied up with over 250 restaurants in the city. The startup, which has gained a substantial market share and was last valued at USD 400 million when Naspers led a USD 80-million investment in May, said it will soon expand to neighbouring cities Mohali, Panchkula and Zirakpur. The restaurants partnered include legendary eateries, trendy cafes, ice cream parlours and national and international Quick Service Restaurants (QSRs) in the city. "The restaurant scene here is a perfect mix of traditional and fast-food, making it a food lover's paradise... Foodies in the city can enjoy food from the finest neighbourhood restaurants on Swiggy," Swiggy Vice President Marketing Srivats TS said. The company has more than 20,000 restaurant partners across eight cities in the country including Mumbai, Delhi- NCR, Bengaluru and Chennai.
Also found in: [+]
MARKETS LIVE: Sensex turns flat after hitting new high, Nifty above 10,600 10.1.2018 Top Stories
Catch all live market action here
Also found in: [+]
21 to 40 of 13,263