Msme

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Msme - Total results - 166
Amazon needs to level the playing field and ensure fair competition
Business

Amazon needs to level the playing field and ensure fair competition

The authorities must make Amazon clear the air on the systems it has put in place to ensure that its online marketplace benefits all sellers equally and does not restrict choices available to customers.

Atmanirbhar Bharat need of the hour, every Indian entrepreneur will battle challenges with fresh spirit: KV Kamath tells Network18
India

Atmanirbhar Bharat need of the hour, every Indian entrepreneur will battle challenges with fresh spirit: KV Kamath tells Network18

India is a land of opportunities and so there is going to be no shortage of things to do which is unlike several other countries, veteran banker KV Kamath tells Network18, Group Editor-in-Chief, Rahul Joshi in an exclusive interview.

Bosch Q4 net profit down 80% at Rs 81 cr; says results in line with downward trend in automotive industry
Business

Bosch Q4 net profit down 80% at Rs 81 cr; says results in line with downward trend in automotive industry

During the quarter, Bosch made an incremental provision of Rs 297 crore as part of an overall provision of Rs 717 crore towards various restructuring, reskilling and redeployment initiatives for 2019-20.

COVID-19 Impact: Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings
Business

COVID-19 Impact: Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings

While bad loans from the corporate sector may rise by Rs 3.4 lakh crore, for non-corporate segments it may increase by Rs 2.1 lakh crore in FY21, India Ratings and Research said in the report

Govt notifies changes in rules disallowing global tender for procurement up to Rs 200 cr; move to benefit MSMEs
Business

Govt notifies changes in rules disallowing global tender for procurement up to Rs 200 cr; move to benefit MSMEs

The government has notified amendments to General Financial Rules (GFR) to ensure that goods and services valued less than Rs 200 crore are being procured from domestic firms, a move which will benefit MSMEs

Coronavirus Lockdown: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate
Business

Coronavirus Lockdown: Cabinet approves Rs 3 lakh cr emergency credit line for MSME; loans at 9.25% rate

The Union Cabinet on Wednesday approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25 per cent through the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector hit hard by the coronavirus crisis

Govt to further revise criteria for classifying 'medium' enterprises under MSME definition: Nitin Gadkari
Business

Govt to further revise criteria for classifying 'medium' enterprises under MSME definition: Nitin Gadkari

Days after changing the definition of MSMEs, the government has decided to further revise the criteria for medium units by enhancing the investment and turnover limits to up to Rs 50 crore and Rs 200 crore respectively, Union Minister Nitin Gadkari said on Tuesday

Fiscal deficit likely to be more than double to 7.9% in FY21 due to govt's Rs 20-lakh cr stimulus package: Report
Business

Fiscal deficit likely to be more than double to 7.9% in FY21 due to govt's Rs 20-lakh cr stimulus package: Report

With the government's Rs 20 lakh crore stimulus package, the country's fiscal deficit is likely to be more than double to 7.9 percent in the current financial year, according to an SBI research report

UN economic experts hail India's 'impressive' stimulus package to revive economy hit by coronavirus
Business

UN economic experts hail India's 'impressive' stimulus package to revive economy hit by coronavirus

Top UN economic experts have hailed as “impressive” the Rs 20 lakh crore stimulus package, the largest so far among developing countries, announced by India to revive the country's economy, which has been severely hit by the coronavirus-triggered lockdown

Stimulus package: Govt's liquidity boosting steps to safeguard businesses, jobs, say retailers
Business

Stimulus package: Govt's liquidity boosting steps to safeguard businesses, jobs, say retailers

Retailers on Wednesday said measures announced by Finance Minister Nirmala Sitharaman will bring back liquidity with businesses and provide a boost to the economy

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs
Business

Bankers welcome economic package announced by govt, say will encourage lending to MSMEs

The various initiatives announced by the government on Wednesday to support micro, small and medium enterprises (MSMEs) will encourage banks to lend more to the sector, bankers said

Union minister Nitin Gadkari claims coronavirus not natural and came 'from a laboratory': Report
India

Union minister Nitin Gadkari claims coronavirus not natural and came 'from a laboratory': Report

Nitin Gadkari was speaking in the aftermath of Finance Minister Nirmala Sitharman's announcements for small businesses.

Govt's stimulus package 'heavy hitter' to propel MSME sector; delivery of credit will be key, say tech firms
Business

Govt's stimulus package 'heavy hitter' to propel MSME sector; delivery of credit will be key, say tech firms

Finance Minister Nirmala Sitharaman announced the creation of a fund of funds for MSMEs, which will infuse Rs 50,000 crore equity in units that have growth potential.

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain
Business

Nirmala Sitharaman's first COVID-19 stimulus sheds moral baggage for morale booster, but fiscal puzzles remain

There is plenty to celebrate for MSMEs and other entities covered under Nirmala Sitharaman's first package of details to flesh out Prime Minister Narendra Modi's Rs 20-lakh-crore stimulus

Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth
Business

Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth

While global investors with their view from a London or New York may look at India as a long-term alternative to China, the Modi government's own close relations with Japan may provide leverage.

Coronavirus Outbreak: PSBs sanction loans worth Rs 6 lakh cr in 2 months for MSME, agriculture sectors, says Nirmala Sitharaman
Business

Coronavirus Outbreak: PSBs sanction loans worth Rs 6 lakh cr in 2 months for MSME, agriculture sectors, says Nirmala Sitharaman

NBFCs have received Rs 1.18 lakh crore from these banks during the period between 1 March and 8 May.

Expect a financial package from govt in 2-3 days, situation 'very bad', says Nitin Gadkari to industry
Business

Expect a financial package from govt in 2-3 days, situation 'very bad', says Nitin Gadkari to industry

Nitin Gadkari said the government stands with the industry but it also needs to understand the government''s limitations.

Govt plans to construct highways worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Nitin Gadkari
Business

Govt plans to construct highways worth Rs 15 lakh cr in next 2 years; auto scrapping policy soon: Nitin Gadkari

Gadkari informed that he has directed the ministry officials to finalise the auto scrapping policy quickly, and said it will go a long way in cost reduction.

Micro enterprises best placed to help economy come out of COVID-19 crisis; eligible to get financial aid from credit institutions: Report
Business

Micro enterprises best placed to help economy come out of COVID-19 crisis; eligible to get financial aid from credit institutions: Report

The state-run lenders gained market share in 2019, adding that public sector banks now account for 49% of the MSME lending and over 59% of the lending to the micro enterprises.

MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report
Business

MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report

The government needs to give a direct push to MSMEs to ramp up the export of consumer goods to reap the benefits of its comparative advantage over products made in China in the post-pandemic world, a report said