Page 3 - Smes

Google-backed Open plans to onboard 10 mn small businesses in three year

Open competes with players such as Razorpay and British fintech firms like Revolut and Tide

Twin headwinds lash SMEs in gems and jewellery sector: Crisil SME Tracker

The rise in the prices of gold will also curb demand, though it will support the revenues of SMEs

SME EPC road contractors face shrinking margins as input costs spike

However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs

State-owned GMDC to expand lignite production as demand increases

Company says 10 million tonnes production this year, sees gaining business from small businesses

SME Chatroom: 'IGCR Rules apply only when exemption notifications say so'

the duty concessions are available under exemption notifications and some of them mandate the procedures prescribed under the said IGCR Rules.

India the place to be in now, says HSBC India CEO Hitendra Dave

'We are in growth, customer acquisition, and balance-sheet expansion mode'

PSBs to focus on 3-yr roadmap to support SMEs, farming under EASE reforms

The roadmap will be based on broad themes of business growth, profitability, risk, customer service, operations, and capability building

Russian importers seek deals with smaller Indian firms to avoid sanctions

Private sector players in Russia have met with potential suppliers in India's big cities and are opening specialised bank accounts at home for roubles-to-rupees transactions

U GRO's public issue of bonds opens on Thursday to raise up to Rs 100 cr

U GRO Capital, a non banking financial company focused on small and medium enterprises, on Tuesday announced opening of public issue of bonds later this week to raise up to Rs 100 crore

Security services industry on slow comeback course: CRISIL SME Tracker

As a result, despite a projected 10-15 per cent growth this fiscal, the industry is expected to fall back to the FY18 level owing to negative growth of 30 per cent last fiscal

Domestic demand to drive pharma SMEs' growth in FY22: Crisil SME Tracker

March-May 2021 was a particularly good period for Indian formulators due to exceptional demand for drugs amid the second wave of Covid-19 infections.

Cholamandalam launches three new biz verticals for consumer and SME loans

Firm partners with leading Fintech companies BankBazaar, Kreditbee and Paytail

SME IPOs shrug off pandemic, mop-up surges nearly five-fold in 2021

Garner Rs 746 crore from 59 offerings as risk-on sentiment returns

BSE, HBF Direct sign pact to promote listing of SMEs, startups

Leading stock exchange BSE on Tuesday said it has collaborated with HBF Direct Ltd to encourage and promote listing of small and medium enterprises (SMEs) and startups across India. HBF Direct is a management consultancy company and offers advisory services to SMEs and corporates in the areas of corporate, finance & legal, fundraising and IPO advisory. Through this pact, HBF Direct will assist the exchange in evaluating SMEs and startups for listing on BSE's SME & startups platform, the exchange said in a statement. In addition, the management consultancy company will also refer curated SMEs and startups to BSE for the listing. Further, the two entities will host joint road shows and events across India for creating awareness and to promote listing of SMEs and startups on the bourse's platform. "At a time when small businesses are slowly recovering from the economic impact of Covid-19, equity funding can be of paramount importance. By leveraging existing client base of HBF ...

Recovery in volumes, shift to non-voice to lift ITeS SMEs: CRISIL Tracker

The sector operates in three key segments -- customer relationship management (CRM), knowledge, and transactions.

Get it right in the first instance: TCS mantra for government orders

Scale a challenge, but systems built here can be replicated anywhere, says executive

We will put our cross-border platform into play, says Tide India CEO

'The Indo-UK trade involving SMEs is now at around a few billion pounds annually', says Gurujodpal Singh

Small business suffer as banks shut current accounts after RBI circular

State-owned lenders welcome 'need for discipline' but their private competitors say business is suffering

Banks so far lent 90% of Rs 3 trn under emergency credit scheme: Report

Banks have so far lent 90 per cent of the Rs 3 lakh crore under emergency credit line guarantee scheme announced last year to help small businesses tide over the pandemic

Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months

The platform saw a growth of over 200 per cent from March last year to May this year in trans­action volume done by MSMEs.