Page 10 - Sme Companies

Lockdown 4.0: Not looking for dole, need better policies, say Meerut MSMEs

The fourth of a five-part series looks at the situation in the industrial heartland of Western UP where firms prefer GST refunds, supportive policies over handouts

Labour pains: Thane's MSMEs operating at 10-15% capacity amid lockdown

The third of a five-part series looks at how lack of manpower and cash flow issues have put small units in dire straits despite govt announcing a Rs 3-trn package

Supply chain blocks, lack of labour push MSMEs in Chennai to the brink

The second of a five-part series focuses on how the lockdown has compounded the woes of already-struggling firms

Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open

The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations

Aatmanirbhar Bharat offers MSMEs short-term respite: Crisil SME Tracker

3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact

Bank of Baroda to advance Rs 12,000 crore to MSMEs under govt scheme

Under the scheme, the government will offer 100 per cent guarantee on loans.

MSMEs to get loans at 9.25% under Centre's Rs 3-trillion package

100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers

Post-import expenses excluded for determining Customs value: Expert

The charges for erection and training will not be included in the assessable value of the imported goods

MSME sector's bad loan ratio at 12.5% as of January, shows report

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019

Payment must be made against accepted bill of exchange: Expert

It is the obligation of the original importer to remit the payment to the foreign supplier

Stock exchanges turn to Centre, state govts to fund SME share sales

The plea comes at a time when coronavirus pandemic has crippled business activity, with SMEs being the worst-hit

Force majeure does not extend expiry dates in letters of credit: Expert

A bank will not, upon resumption of its business, honour or negotiate under a credit that expired during such interruption of its business

Hit by Covid-19 lockdown, start-ups and SMEs seek slew of sops from Govt

29,000 od participants in a survey offer a variety of responses, from one-time grants, to 50% staff pay reimbursements to two-year interest free loans

Coronavirus: Banks offer fresh lines of credit to SME firms amid lockdown

With the financial year ending on March 31, small- and mid-sized companies are likely to default en masse, while rating agencies will have to mark them in the 'default' grade

Coronavirus to cripple Indian start-ups, firms struggle to pay salaries

Firms say they are conserving cash and postponing expansion plans

Artisans, SMEs to get a boost with 21 common facility centres in UP

The CFCs will provide state of art machines, testing facility and finishing equipment for the artisans and SMEs

Davos 2020: Tariff wars now the new norm, disrupting global value chains

Tariff wars are among the three serious challenges to global trade.

EPC road contractors face slower revenue growth: CRISIL SME Tracker

This is mainly due to lower investments in rural roads via the Pradhan Mantri Gram Sadak Yojana (PMGSY) and moderation in awarding by the National Highways Authority of India

MCX does away with large-lot metal contract following Sebi directive

All contracts to be in lot size of one tonne starting January 2020; Exchange also awaits regulator's nod to launch index-based derivatives

SMEs can call out big companies for dues, thanks to a tweak in IBC

Information utility National e-governance Services (NeSL) will now make public the names of companies which default on payments