Describing micro, small and medium enterprises (MSMEs) as growth engines of our economy, Nirmala Sitharaman's Budget proposes enhanced limits for micro-enterprises and certain professionals for availing the benefit of presumptive taxation.
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
New Delhi [India], January 17 (ANI/SRV): With the vision of improving the cybersecurity of small and medium enterprises (SME), "Business Domain Specific Least Cybersecurity Controls Implementation (BDSLCCI)" is now being adopted by various companies worldwide. SecureClaw Inc., a new venture
Neobank Inypay, based in Singapore, declared that it would begin operations in the second quarter of this year. After a lucrative pre-seed round of USD 1 million in September 2022, it intends to raise its seed funding round in the upcoming months.
The soon-to-be-launched digital bank's key focus will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well as micro-insurance in Southeast Asia. Its target market are blue-collar workers, foreign domestic workers, and micro, small and medi
Thane (Maharashtra) [India], January 11 (ANI/ BusinessWire India): Strong performance of past SME IPOs has spurred investors' interest, with 87 small and medium enterprises (SMEs) garnering Rs 1,460 crore through initial share sales in the first nine months of the year 2022.
Mumbai (Maharashtra) [India], December 26 (ANI/PRNewswire): DBS Bank India today announced its partnership with Gofrugal Technologies Pvt. Ltd., a seller-centric platform offering Omnichannel ERP solutions. The company empowers enterprise customers, including micro, small and medium enterpri
New Delhi [India], December 16 (ANI/PNN): Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small, and Medium Enterprises (MSME) has partnered with M1xchangeas the financier. This move is exp
The micro-small and medium enterprises (MSME) are among the most important pillars of the Indian economy and the government is working to make the MSME sector stronger and more developed, going forward.
Chief Minister Naveen Patnaik on Saturday said that the Odisha government will soon transform women's self-help groups into small and medium enterprises (SMEs).
New Delhi [India], November 23 (ANI/SRV): FORE School of Management is all set to host the international finance conference based on the theme, "Changing Landscape in banking and Finance: Disruptions, Innovations and Regulations". The conference will be held in hybrid mode (both in offline a
India and the United Arab Emirates have great potential to collaborate and explore investment opportunities in developing special economic zones, said Ramy Jallad, the group CEO of Ras Al Khaimah Economic Zone (RAKEZ).