Much is riding on the role of market intermediaries to get this platform going
Much is riding on the role of market intermediaries to get this platform going
The 12th edition of EORS will be held from June 19-22. There will be a dedicated central virtual war-room for tactical problem solving across all phases of the event. Shoppers across the country will have access to over 700,000 styles from over 3,000 fashion and lifestyle brands. Myntra is expecting 3 million people to shop from the safety of their homes.
World's largest e-tailer Amazon is evaluating setting up a data centre in India to tap into the multi-billion cloud opportunity in India.
India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.
Finance ministry takes up a review of the STT regime after a meeting with stock exchange officials.
Swadeshi Jagran will be leading the delegation on a multi-city tour, expected to start on September 21. The week-long trip will include meetings with industry bodies and government agencies.
'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'
After introducing the call auction mechanism in Sensex and Nifty stocks, the Securities and Exchange Board of India (Sebi) is mulling extending this to the proposed platform for small and medium enterprises (SMEs), although with a few changes.
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
'We want to look at very strong entrepreneurial teams.' 'I want to focus on a full team and not just the entrepreneur, which is building innovative and amazing differentiated businesses in large markets.' 'We also look at business models that are proven and have reasonably good gross margins, which show that this is where a lot of value is getting built.'
They are now scaling or shutting down their businesses because they can't compete with untaxed grey market gold. India's gold smuggling has increased significantly since the import duty was increased in the Union Budget 2019 in contravention with the broader market expectations of a cut.
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
On January 5, BSE chief executive officer, Madhu Kannan, had said that the country's premier bourse would announce the launch of its SME Exchange within a fortnight.
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.
Federation of Indian Chambers of Commerce and Industry said the Reserve Bank's step may make availability of funds through external commercial borrowing route more expensive.
The Bombay Stock Exchange will start a separate platform for the small and medium-size enterprises by the year-end, a top bourse official said on Wednesday.
Expecting the economy to slow down in the current fiscal amid global recession, President Pratibha Patil said the new government will focus on adversely-affected sectors like infrastructure, exports, SMEs, and housing to restore the growth momentum.
The government on Friday proposed to extend the concessional export finance regime for select exporters for one more year till March 31, 2011, thus giving the slowdown-hit sector further relief.
Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.
On the final day of his two-day visit to India's financial capital, Congres vice president Rahul Gandhi tried to connect with Mumbaikars by raising the issue of high electricity bills en route his padyatra from National College, Bandra to Dharavi, Asia's largest slum colony.
With the implementation of the Companies Bill 2009, a single person will constitute a Company, under the One Person Company (OPC) concept.
Expecting the economy to slow down in the current fiscal amid global recession, President Pratibha Patil on Thursday said the new government will focus on adversely-affected sectors like infrastructure, exports, SMEs, and housing to restore the growth momentum.
The committee is considering multiple BPLRs for corporates, SMEs and retail borrowers and is likely to meet by mid-September to finalise the recommendations on the BPLR structure. BPLR is the interest rate that commercial banks charge their most credit-worthy customers.
According to a latest study, maximum engineers opt for a job with a large company while a small but appreciable set of engineers opt for jobs with a start-up.
Bankers are likely to urge the Reserve Bank not to hike its key-rates and mandatory cash requirement in its April-policy, as they fear that this would affect their liquidity, resulting in a sharp surge in lending rates.
Ranju Sarkar finds out more about Nowfloats, the start-up that is used by 240,000 businesses that reach 13 million consumers.
The way to succeed for any new start-up company in the IT services field is to focus on niche areas or small verticals and doing some unusual things, N R Narayana Murthy, chief mentor of Infosys told reporters.
Projects worth over Rs 70,000 crore (Rs 700 billion) to upgrade technology have been kickstarted in the country.
Meet Bhairav Kothari whose company Super CFO takes care of the financial needs of start-ups and SMEs
The popularity of the 'parallel banking service' continues to rise.
The ability of Indian pharmaceutical companies to command higher margins in international markets is helping sustain business.
Under the scheme, small and medium enterprises (SMEs) and technology start-ups can apply for reimbursement, up to a limit of Rs 15 lakh, for the costs incurred in filing international patent applications. This scheme applies for their indigenous inventions in the electronics and information, communication and technology (ICT) domain.
While there have been significant achievements in almost all disciplines, it must be appreciated that there is a definite capacity constraint in the Defence Research and Development Organisation. It is impossible for one DRDO to cater to the entire spectrum of products and services required by our three armed services.
"The centre will serve as a platform for German firms, particularly SMEs, to understand the Indian business environment and initiate projects with their counterparts in the country," Minister-President of German Federal State of Schleswig-Holstein Peter Harry Carstensen said on Wednesday.
In an effort to boost credit flow to the housing sector, public sector banks are going to finalise the new interest rate regime for home loans up to Rs 20 lakh (Rs 2 million) on Thursday.
Oracle has announced the availability of a hosted Enterprise Resource Planning solution for small and medium enterptises in India through its certified partner, Zensar.
Indian small and medium enterprises are expected to emerge as major buyers of the information technology products by 2008. According to Joydeep Datta Gupta, executive director of Deloitte & Touche Consulting, any IT-led SME business transformation project could succeed only if the project was sustained.
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