Rajagopalan answers readers' SME queries related to GST, export and import matters
Punjab National Bank has agreed to sell its entire stake in India SME Asset Reconstruction Company for ₹34 crore, aligning with its plan to exit non-core investments and focus on core banking
Firstly, the brush you supply has no stand-alone utility or commercial value since it can be used only as an accessory for applying the hair-dye
Sebi has barred Synoptics Technologies and its promoters from the market for diverting IPO proceeds and will examine 20 other SME IPOs handled by the same banker
Migration from SME platform to mainboard has dropped sharply in 2024-25, with SEBI's tighter financial and governance norms expected to slow movement further
The move comes months after India's markets regulator issued tighter regulations for merchant bankers and initial public offerings by small businesses
The partnership will enable the Bengaluru-based company to enter global markets such as Singapore, Vietnam, South Korea, Australia, Philippine, Indonesia, and deepen presence in India
In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent
Shri Ahimsa Naturals is available at a price band of ₹ 113 - ₹119 per share, and a lot size of 1,200 shares
In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand
The listing of Paradeep Parivahan was significantly below the market expectations
Grand Continent Hotels IPO comprises a fresh issue of 6.26 million equity shares, and an offer for sale (OFS) with promoter Ramesh Siva divesting up to 0.33 million equity shares
Retail investors' exuberance, driven by strong after-listing performances, is the primary reason for the robust fundraising through the SME segment
You should prepare an e-way bill for sending the goods to the consignee, as instructed by the foreign buyer
TNC Rajagopalan answers SME queries related to GST, export and import matters
To grab international trade opportunities, Indian Industries Association (IIA) will leverage global trade fairs to showcase domestic products across different product categories
From closures to online pivots, how small enterprises weathered the pandemic storm
Dubai-based wealth management advisory firm NAV Capital on Wednesday announced the launch of its first India-focussed close-ended AIF Fund (Category 2) and plans to raise Rs 500 crore in the first round. NAV Capital is a category 3A entity regulated by the Dubai Financial Services Authority (DFSA). The new fund will primarily look for investment opportunities in the pre-IPO stage of companies in the high-growth sectors and small and medium enterprises (SMEs) with high-growth potential prospects. "NAV Capital plans to raise Rs 500 crore in the first round, which will be deployed over 18 months. Of the total corpus, the fund plans to allocate a minimum of 51 per cent capital in unlisted companies and up to 49 per cent in the listed space," it said in a statement. NAV Capital said the fund will be sector-agnostic, focusing on companies in banking and financial services, consumer goods and retail, chemicals and materials, technology and innovation, and infrastructure and logistics. Wit
Union Minister of Commerce and Industry Piyush Goyal, who is in Brussels, met with the delegation of Antwerp World Diamond Centre (AWDC) on Monday and asserted that India will safeguard the interests of its small and medium enterprises and individuals in the diamond industry.In a post on X, Goyal said, "Met with the delegation of Antwerp World Diamond Centre (AWDC) led by their President and other stakeholders from the diamond industry. Conveyed India's stand on safeguarding the interests of our Small & Medium Enterprises and individuals in the diamond industry."During the meeting, Goyal requested the European Commission trade commissioner to extend the deadline for technology-based certification in the diamond sector."Also, deliberated on the progress of the request made to the Trade Commissioner regarding an extension of the deadline for technology-based certification, highlighting its crucial role in supporting Indian small businesses and protecting consumer interests in the .
That notification now allows exporters to open foreign currency accounts outside India to receive export proceeds and utilise the funds for making payments for imports