National Stock Exchange and West govt sign MoU to facilitate fundraising for SMEs in the State
Kolkata: The National Stock Exchange (NSE) and the West Bengal government have signed a Memorandum of Understanding (MoU) to spread awareness amongst MSMEs of the state regarding fundraising via the IPO mechanism using NSE Emerge which is the SME platform of NSE.
Mines Ministry to support start-ups, MSMEs for research in mineral processing
New Delhi: The Mines Ministry would invite proposals from start-ups, MSMEs and individual innovators to promote research and innovation in mining and mineral processing, according to a statement on Wednesday.
New Delhi: The MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities, Union Minister Narayan Rane said in a social media post.
New Delhi/IBNS: The government has sanctioned around Rs 23.2 lakh crore to 40.82 crore loan accounts under the Pradhan Mantri Mudra Yojana (PMMY) scheme as of March 24, 2023, Finance Minister Nirmala Sitharaman said on Saturday.
Kotak General Insurance partners with actyv.ai to provide insurance products to MSMEs
Kolkata: Kotak Mahindra General Insurance Co. Ltd (Kotak General Insurance) on Wednesday announced that it has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro, Small and Medium Enterprises (MSME) companies.
New Delhi: While presenting the Union Budget 2023-24 in Parliament here on Wednesday, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology which have led to financial inclusion at scale, better and faster service delivery, ease of access to credit and participation in financial markets.
Mumbai: The MSME sector has a catalyzing role in the growth of India with a contribution of nearly 1/3rd of the country's GDP and has remarkable potential to grow further, Union Minister for MSME Narayan Rane said at an ASSOCHAM event in Mumbai on Friday.
96 lakh MSMEs registered on Udyam portal in two years: MSME Secretary
New Delhi/UNI: Within two years of the adoption of the new definition for MSMEs, and the subsequent launch of the Udyam portal, almost 96 lakh MSMEs, with the employment of 7.34 crore, have registered, Secretary for the Ministry of Micro, Small & Medium Enterprises (MSME) B B Swain said Thursday.
Kotak launches real-time working capital finance for MSMEs
Kolkata: As part of its digital-first strategy, Kotak Mahindra Bank Thursday announced the launch of a real-time loans offering for its clients classified as micro, small and medium enterprises (MSMEs) that are registered on the Government’s e-Marketplace (GeM) Sahay - a platform that connects sellers with lenders.
Flipkart, India’s homegrown e-commerce marketplace, launched a film “MSMEs - Taking India Forward” on the occasion of World MSME Day celebrated on June 27th worldwide to celebrate and showcase the journey of all the Micro, Small and Medium Enterprises who are integral growth drivers of the country’s economy.
Bureau of Indian Standards grants 630 licenses to MSME toy manufacturers
New Delhi: the Bureau of Indian Standards (BIS) has granted 630 licenses to MSME toy manufacturers as of 28.03.2022, Union Minister of State for Consumer Affairs Ashwini Kumar Choubey told Lok Sabha on Tuesday in a written reply.
Cabinet approves USD 808 million for 'raising and accelerating MSME performance'
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday approved a USD 808 million or Rs 6,062.45 crore, World Bank assisted programme on “Raising and Accelerating MSME Performance” (RAMP).
MSME Development Forum's new team launched in West Bengal
Kolkata/IBNS: The grand launch of a new team of MSME (Micro, Small & Medium Enterprises) Development Forum, West Bengal and felicitation of Dr. Mamta Binani as the president of MSME Development Forum took place last week.
Budget 2022-23: Stainless steel MSMEs want reimposition of CVD on China, Indonesia
New Delhi/IBNS: The workers in the stainless steel industry's medium, small, and micro enterprises (MSME) await the imposition of countervailing tax (CVD) on China and Indonesia, as it would fuel the Indian businessmen to proliferate manufacturing.
Piyush Goyal sets target of 75 unicorns in run-up to 75th year of Independence
New Delhi/UNI: Minister of Commerce and Industry Piyush Goyal on Friday called upon the Information Technology enabled Service (ITES ) industry to aim for raising 75 unicorns in the 75 weeks to the 75th anniversary of India’s Independence next year.