Page 2 - Small And Medium Enterprises Smes

South Korea to prepare $3.6 bn Covid stimulus package for small businesses

Of the total package, some 3.2 trillion won would be allocated to provide 1 million won each to 3.2 million small business owners that experienced a decrease in sales.

SIDBI launches second window of Swavalamban Challenge Fund

Small Industries Development Bank of India (Sidbi) on Monday said it has launched the second window of Swavalamban Challenge Fund (SCF) with Green Bharat as prioritised theme.

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.

Growing small and medium businesses embrace the digital-first world

71% of growing SMBs say their business survived the pandemic because of digitisation

Amazon's Small Business Days sees record sales for over 84K SMBs

Amazon India's recently held Small Business Days has helped more than 84,000 small and medium businesses to bounce back from the economic disruptions due to Covid second wave, company said

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders

MSME Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI)

How Covid-fueled crowdfunding can revive small businesses

A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal

Nitin Gadkari calls for increasing MSMEs share in GDP to 40% from 30%

Union minister Nitin Gadkari on Saturday stressed on increasing the share of the MSME sector in the country's GDP to 40 per cent from 30 per cent currently.

BSE SME likely to see more than 60 listing in one year, shows data

These companies will get listed on the exchange's SME platform, Ajay Thakur, head of BSE SME and Startup told PTI

Stage set for Indian small biz to build global brands: Amazon's Broussard

As work from home became the new normal due to the Covid-19 pandemic, Broussard said thousands of our e-commerce sellers from India played a key role in serving customers globally during this period.

Temporary or permanent transfer of intellectual property attracts 12% GST

Appendix-5C of the HBP also requires the Chartered Accountant to clearly certify that the exporter has submitted e-BRC and the same have been verified

Not your grandfather's manufacturing

While announcing its policies, the government needs to keep in mind that global manufacturing is also changing

Exports offer hope for specialty chemicals units: CRISIL SME Tracker

Small and medium enterprises (SMEs), which make up as much as 30-35 per cent of the industry, have been hit particularly hard

Amazon holds biggest Prime Day sale in India amid Covid-19 pandemic

Highest Prime Day participation for small businesses with over 91,000 SMB sellers from 5,900 pin codes; 62,000 SMB sellers from small towns, received orders and about 209 SMB sellers became crorepatis

Over 91,000 SMBs joined 2-day Prime Day sale, 209 became crorepatis: Amazon

Of the over 91,000 SMBs who participated at Prime Day that started at midnight on August 6, more than 62,000 sellers were from non-metro and tier-2 and tier-3 cities across India

Bharti Airtel inks multi-year strategic pact with Amazon for AWS solutions

Puneet Chandok, president, commercial business, India and South Asia, Amazon Internet Services, said it is a 50:50 strategic partnership

Ministry of Defence inks Rs 1,200 cr contract to boost electronics sector

The deal, Modernisation of Air Field Infrastructure Phase 2 (MAFI-2), follows from an earlier contract, called MAFI-1, which TPSED won in 2011 to upgrade 30 IAF airfields.

Coaching classes take online route amid Covid-19 spread: CRISIL SME Tracker

CRISIL's interactions show that most players, even SMEs, have managed to reach students amid the lockdown by switching to online channels.

Covid-19 outbreak: For big electrical players, lockdown only a blip

Most of the firms that are dependent on government contracts are looking at a dry pipeline in the near term.