Page 4 - Smes

UP govt plans daily evacuation of 45,000 stranded labourers amid lockdown

Yogi government urges Maharashtra to dispatch 10 trains a day

As lay-offs loom over IT-sector SMEs, Telangana urges Centre to act

It has sought a series of measures to ensure enough cash flow to the SMEs to avoid layoffs.

Biggest challenge for small firms is surviving the next 3-6 months: Holland

"Following the massive fiscal packages and central banks 'backstopping' the bond and credit markets globally, all the markets have risen sharply from the lows seen in March"

Coping with the lockdown

Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP

Covid-19 impact: Travel, hospitality stare at revenue loss of Rs 5 trillion

With 40 million jobs at risk, the industry has sought a bailout package

More than a third of SMEs now trading below issue price: PRIME Database

Among the 247 actively traded scrips, 17 have shed more than 50 per cent this calendar year. About 40 per cent have slid more than the Sensex, which is down 23 per cent year-to-date

I-T dept releases Rs 5,200 cr refunds to over 800,000 small businesses

Further refunds of about Rs 7,760 cr to be made soon, GST refund claims of Rs 3,800 cr also processed

Don't exhaust ammunition, hold some for backlash, Rahul Gandhi advises govt

Calls for categorising areas into 'hot zones' and 'safe zones', and ramping up random testing to remain ahead of the virus instead of chasing it

Economy needs more govt support

Lockdown was a brave decision. Now, policy-making requires a similar display of boldness

Covid-19: World Bank sees FY21 India growth at 1.5-2.8%, slowest since 1991

It estimated India will grow 4.8 per cent to 5 per cent in the 2019-20 fiscal that ended on March 31

Indices soar 4% on stimulus hopes, end short week with 13% gain

Domestic stimulus hopes, oil talks lift sentiment

Coronavirus lockdown will hit asset-backed securities' performance: Moody's

Auto loan delinquencies to rise in the coming months

Coronavirus lockdown: Rs 60k-crore income support plan for poor in works

The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt

UP moots key labour reforms to come on par with other industrialised states

Industry wants relaxation in fixed-term employment laws

Remove tags to get more women in workforce, says Tata Sons Chairman

In healthcare for example, rules are strict, he noted, pointing to "what can be done by doctors and what can be done by people who are not doctors"

Budget 2020: To give boost to SMEs, govt may hike custom duty on 300 items

The Commerce and Industry Ministry in its budget recommendations has proposed rationalisation of basic customs on over 300 items across sectors

Sheroes offers social commerce, credit; aims to become 100 mn women network

Founded in 2014 by entrepreneur Sairee Chahal, Sheroes network has become one of the largest employment generators for women in the country

Large, medium enterprises see 7-year fall in credit quality in April-Dec

The asset quality deteriorated for small enterprises (SMEs) as well but with lesser intensity, according to CARE Ratings

Risk aversion, small-cap slump hit SME IPOs as collections drop 73%

CY18 was the best for SME IPOs, with 141 offerings garnering Rs 2,287 crore

Amazon, Flipkart planning to help SMEs go digital and grow their businesses

E-commerce giants adopt similar strategy to helps SMEs