Page 2 - Smes

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.

SBI, EIB to invest up to Euro 100 mln in SMEs focused on climate change

The European Investment Bank and the country's largest lender SBI on Friday entered into a pact

USAID, DFC announce $41 million financing for renewable energy in India

The US Agency for International Development and US International Development Finance Corporation announced a $41 million loan-guarantee program to finance investment in renewable energy by Indian SMEs

Aditya Birla Finance set to raise Rs 5,000 crore through debentures

The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.

Small loans, big stakes: Why MSMEs are banking on fintech lenders

Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour

Ugro Capital launches 'Gro Micro', aims to support 50,000 small biz by 2022

The company has a net disbursement target of Rs 2,500 crore for 2021-22

Shriram City Union Finance aims over Rs 6,000 cr disbursement in Q4

In December quarter, its disbursements grew 6.4 per cent year-on-year to Rs 6,197 crore from Rs 5,822 crore in the year-ago quarter

Manufacturing startup Zetwerk raises $120 mn to scale global operations

Its global network includes over 250 customers and more than 2,000 suppliers spread across 15 countries in North America, Asia-Pacific and West Asia

SMEs, real estate to drive asset quality deterioration in India, China: S&P

Emerging markets face slippage, volatile capital flow risks

Sequoia-backed Drip Capital finances over $1 bn cross-border trade

As economies have opened up, Drip has witnessed over 50% quarter on quarter growth in the last three quarters