Page 3 - Sme
Wiserfunding enters Indian market, to provide lending solutions for SMEs
The investment will also be towards creating technology to connect to various public and private databases to source all inputs to fully automate its models as it already does in Europe
 "Wiserfunding enters Indian market, to provide lending solutions for SMEs")
Wadhwani Foundation ties up with Clix Capital, Sidbi, others to help SMEs
Commits Rs 200 crore for initiative, which will support 10,000 SMEs with business survival, stability, and growth consulting to help save or create up to 100,000 jobs
 "Wadhwani Foundation ties up with Clix Capital, Sidbi, others to help SMEs")
What do Small Businesses want on World SME Day 2020?
A day to celebrate, the MSME segment is poised with a new set of challenges,for some it is existential while for others it is labour and/or resources.
 "What do Small Businesses want on World SME Day 2020?")
Google to help SMEs avail loans via Google Pay
Google India on Thursday said it will work with financial institutions to help merchants get loans via its Google Pay for Business offering.
 "Google to help SMEs avail loans via Google Pay")
SMEs to gain maximum from Rs 1-trn RBI liquidity boost to NBFCs, HFCs
The latest measure has come as two of its most innovative liquidity measures worth Rs 2 trillion since February 6 did not elicit the desired effect
 "SMEs to gain maximum from Rs 1-trn RBI liquidity boost to NBFCs, HFCs")
A survival manual for small businesses
In the 1990s, low-priced Chinese brushes entered the US market. Initially, they were of poor quality, so American manufacturers were not worried.
 "A survival manual for small businesses")
TDS on e-commerce deals to hurt SMEs' working capital: Amazon's Agarwal
Agarwal was talking about the Budget proposal to introduce a new section in the Income Tax Act
 "TDS on e-commerce deals to hurt SMEs' working capital: Amazon's Agarwal")
To survive slowdown, small businesses must conserve and maintain cash flow
Conserve cash and maintain a steady cash flow to survive this economic slowdown
 "To survive slowdown, small businesses must conserve and maintain cash flow")
Heat is on for refractory, sponge iron, re-roller firms: CRISIL SME Tracker
Moderation in demand led to a fall in steel prices, adversely affecting SMEs
 "Heat is on for refractory, sponge iron, re-roller firms: CRISIL SME Tracker")
Auditor exits mount at listed SMEs as scrutiny increases after IL&FS crisis
Eight out of twelve auditors exited mid-term in 2019; one analyst says "spotlight" on them has increased.
 "Auditor exits mount at listed SMEs as scrutiny increases after IL&FS crisis")
FY19 is poised to be the second best year for share sales of SMEs
The SME platform has seen 106 offerings mop up Rs 1,620 crore, latest data available with PRIME Database, a primary market tracker, shows
 "FY19 is poised to be the second best year for share sales of SMEs")
Industry 4.0: Centre taking steps for smart manufacturing, says official
The term Industry 4.0 is synonymous with smart manufacturing and it is revolutionising the way manufacturing is done worldwide
 "Industry 4.0: Centre taking steps for smart manufacturing, says official")
Nearly 70% of stressed SMEs face liquidation
Around 70 per cent of small and medium enterprises (SMEs) undergoing insolvency proceedings face liquidation as their promoters are the only ones presenting resolution plans. The recent ordinance amending the Insolvency and Bankruptcy Code (IBC) virtually debars promoters from bidding for their stressed assets.Experts said at least 200 of the 300-odd SMEs would have to face liquidation. These companies have debts of ~1,50,000 crore. The 12 big cases recommended by the Reserve Bank of India for insolvency resolution have debts of around ~2,50,000 crore.REI Agro, Hind Motors, VNR Infrastructure, and Blossoms Oils and Fats were recently pushed into liquidation as no third-party resolution plan was submitted, insolvency professionals said. Some other companies are also nearing liquidation as no third-party resolution plans have come their way. Two of them were Gupta Coal India and Gujarat NRE Coke, said sources close to the proceedings. They added the creditors to these companies had not .
 "Nearly 70% of stressed SMEs face liquidation")
'CGST, SGST payable if supplier and place of supply are in same state'
Business Standard invites readers' SME queries related to excise, VAT and exim policy
2 SME IPOs to hit capital markets next week
This is in addition to five SMEs that have already hit the capital markets this month
 "2 SME IPOs to hit capital markets next week")
SMEs to pay 25% tax even if Rs 50-crore limit crossed in FY17: CBDT
Yardstick after FY18 to be decided by Finance Bills of those years
 "SMEs to pay 25% tax even if Rs 50-crore limit crossed in FY17: CBDT")
Online lending players tweak SME loan underwriting as credit moves online
Players are tweaking basic, online underwriting norms to ensure consistency and thereby reduce NPAs
B2B e-commerce platforms reduce inventory costs by 40% for SMEs
The platforms are also offering multiple choices to SMEs to source raw material from across India and the globe
SME stocks performance improved after migration to the main board
As on date, 19 companies have shifted to BSE and NSE main board
SMEs reluctant to list on bourses, notes Sebi
Sebi is willing to consider further relaxations to boost small and medium enterprises capital raising
 "SMEs reluctant to list on bourses, notes Sebi")