Sabeer Bhatia has launched SabseBolo.com, a free conferencing website.
Shaidalin Marbaniang's eco-friendly napkins solve three problems -- accessibility, sustainability and also generates employment.
State Bank of India, India's largest lender, on Thursday slashed interest rates on working capital loans to micro, small and medium enterprises by 0.5-1 per cent effective from December 16.
The exporters are optimistic that the industry will grow by 8-10 per cent and it can improve further if the government helps the industry.
The private STP is being set up by the JSS Group at Infocity in Chandaka, Bhubaneswar.
The Bombay Stock Exchange, Asia's oldest stock exchange, plans to launch a separate trading platform for small and medium enterprises. Sources close to the development said the BSE was preparing a strategy for an SME exchange.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
The Rajasthan Venture Capital Fund (RVCF), which has a corpus of Rs 100 crore (Rs 1 billion), would focus on innovative projects in the small and medium enterprises (SME) segment, such as the IT/ITeS, bio-technology, retail, tourism, hospitality and entertainment sectors.
Corbus India has been named the most-lucrative emerging company to work for, in a new survey by information technology industry body Nasscom. In its first survey on the 'Top 15 Exciting Emerging Companies to Work for' in the IT-BPO sector in India, Nasscom identified the best small- and medium-enterprises that had a turnover of less than Rs 250 crore.
Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began.
With the government and the Reserve Bank of India taking steps to ease the liquidity crunch, home borrowers and small enterprises may get 25-50 basis points relief from high interest rates in the short term.
Videsh Sanchar Nigam Ltd has entered into a collaboration with software giant Microsoft to launch ReadyAccess Business Messaging and Collaboration services for small and medium enterprise segment.
The BJP hailed teh package, saying it reflected the government's commitment towards creating jobs and stimulating the economy.
The company will be taking its total outsourcing offering to the retailers in the small and medium enterprise category, whereas for the large retailers, it will pitch the best-of-the-breed target solutions to cater to specific problems.
There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.
Last November, a lawyer for Future Retail Limited (FRL) told Delhi high court that Amazon is interfering with its lawful business and thousands may lose their jobs and FRL may go bankrupt. Senior advocate Harish Salve, who appeared for FRL, likened Amazon to East India Company. Senior advocate Gopal Subramanium, who represented Amazon, told the Future counsel to keep the "East India Company" rhetoric aside, as Amazon has invested $6.5 billion all over India and created 900,000 jobs. This drama played out in the case in which Amazon has challenged Future's $3.4-billion deal with Reliance, alleging the retailer's deal breached an agreement with the American e-commerce firm.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
Balakrishnan said Nasscom had predicted that impact on jobs due to non-extension of STPI scheme might result in loss of 400,000 jobs in three to four years.
Maharashtra Navnirman Sena's sons of the soil campaign and the resultant violence have severely affected the real estate industry in Pune. Over 60 per cent construction workers have left the city and this is set to delay the completion of over 55,000 flats in Pune.
The government will draw up FDI guidelines for minor investors and set up an exclusive park for overseas units.
For 2016, India's rank in ease of doing business has improved.
"I think, this is something that all Indians should be concerned about because strength of our institutions is really important for our growth, sustainable growth and equity in the economy," said Rajan.
'It is entering growth territory on a month-on-month basis.'
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
Maharashtra has the opportunity to solve all these problems by voting for the Congress and NCP, he said.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
ITC Limited is setting up a 25,000-tonne per annum capacity facility at a cost of Rs 35 crore at its Bollaram unit in Hyderabad for production of elemental chlorine-free (ECF) paperboards to be used for manufacture of paper cups.
Indian small and medium enterprises (SMEs) are set to go global with opportunities flowing in from all corners. After SMEs from Germany and the UK, the US has expressed willingness to invest and explore possibilities of technology transfer to Indian SMEs.
The Survey noted that while women account for almost half of India's population, their participation in labour market is almost one-third and has been declining.
The State Bank of India (SBI) is setting up a Rs 500-crore (Rs 5 billion) private equity (PE) fund to cater to the small and medium enterprise (SME) sector.
The RBI governor, who made a presentation about the state of the economy as well about the world economy to the 31-member Parliamentary Standing Committee on Finance, stayed clear of controversial questions like government invoking special powers.
Every 30 seconds its website is connected to an SME for a loan, every five minutes it evaluates a loan, and every 20 minutes it disburses a loan.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
Asserting that India had removed many barriers in trade and investment
ICICI Bank said on Thursday it has constituted a Rs 100 crore (Rs 1 billion) loan fund for assisting companies engaged in the green business or abetting eco-friendly activity.
Andhra Pradesh is to house the country's first Special Economic Zone (SEZ) for Small and Medium Enterprises (SMEs). The first phase of the project, meant to house about 60 SME pharmaceutical manufacturing units in 200 acres of land is to be ready by mid-2008.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
Government is targeting creation of around five crore (50 million) employment opportunities during the 10th plan period, Rajya Sabha was informed on Thursday.
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