The number one way the Modi administration can demonstrate its commitment to the success of the Atal Innovation Mission, Accelerating Growth for New India's Innovations, Make in India, Digital India, and Startup India is to strengthen its IP framework in ways that promote the legal and regulatory certainty necessary for greater R&D investment, high-value jobs, and greater innovative and creative outputs, the report said.
In March this year, he quit to start his own firm for equity syndication to cater to small and medium enterprises in smaller towns. Huzefa Sitabkhan, who was working with one of the domestic investment banks (i-banks), left to start PNR Consulting, an advisory and consultancy firm for equity and debt syndication for SMEs.
The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).
Banks are facing increasing delinquencies by overleveraged mid-sized companies, now caught in hardships due to changes in their operating environment.
IT vendors make hay on robust demand for managed security software applications.
Currently, Flipkart has tied up with about 5-10 agencies and plans to add 50-60 by the end of this year.
Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic. The central bank reduced the reverse repo rate -- the rate at which banks park their fund with the central bank -- by 25 basis points to 3.75 per cent.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.
The government will draw up FDI guidelines for minor investors and set up an exclusive park for overseas units.
'We are working to put up an actual plan in play to deal with the banking situation, which is top of our agenda,' finance minister tells Harvard University students.
The NSE, along with financial institutions like IL&FS and IDBI, has proposed to set up a special exchange.
3i Infotech said on Monday it has bagged an order from Malaysia-based financial institution for SMEs Credit Guarantee Corporation for its universal lending solution -- Kastle.
Oriental Bank of Commerce will set up specialised cells for small and medium enterprises and corporate sectors across the country to facilitate faster credit processing for these sectors.
An increasing number of SMEs are planning to recruit more staff, invest in new facilities, push advertising/promotional campaigns and build their IT infrastructure.
"The two organisations will work closely to provide business process outsourcing expertise to European SMEs and help selected Indian IT companies to access European markets," a release issued by Nasscom said.
Leading a 73-member business mission to India, mainly belonging to SMEs, the first in five years, Watanabe said interest towards India is growing rapidly in Japan over the last three years.\n\n
A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
'What has gained prominence are 'human' skills like creativity, originality and initiative, critical thinking, persuasion, and negotiation, as well as attention to detail, resilience, flexibility and complex problem-solving.'
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
In eight major MSME-centric product groups, imports from China grew the fastest.
The Kunal Bahl-led firm wants to add 1,000 sellers every three months in its loan scheme.
Tata Teleservices on Thursday launched Push-to-Talk services offering customers the facility to make unlimited calls without any long distance or roaming charges within the network on a monthly rental of Rs 99.
On resolution of stressed cases, she said ICICI Bank has been taking the lead in several cases and was the first bank to refer a case to NCLT
The National Association of Software and Service Companies is planning to set up a consultative panel comprising immigration experts from abroad to advise its small and medium enterprises (SMEs) members on visa issues.
The Small Industries Development Bank of India will shortly launch a Rs 500 crore venture capital fund for small companies
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
It looked as if the BJP was hoping to use Rajinikanth to press their seat-bargain with the AIADMK. Now with the Rajini bait gone, the question now is not how much the BJP would settle for, but how much the AIADMK would be ready to offer, notes N Sathiya Moorthy.
Apart from making your purchases on these platforms expensive, it will also mean sellers will have to face the brunt of reduced cash flows amid already low margins for some. Experts said the proposal, which will take effect on April 1, 2020, and will be inserted as a new section in the Income Tax Act, is expected to affect the working capital of e-commerce companies and reduce cash flows for e-sellers.
Nasscom is exploring the possibility of establishing a 'nearshore community software development centre' for small and medium enterprises to enable them to have access to global development offices.
The government is considering the setting up of a mutual guarantee fund by the IT/software industry associations as part of efforts to ease availability of finance for small IT entrepreneurs, a top official said on Friday.\n\n\n\n
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances