Amazon to invest USD 1 billion to digitise MSMEs
New Delhi/UNI: Amazon on Wednesday announced its plans to invest USD 1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands, said company's founder and CEO Jeff Bezos here.
Buyers from 19 countries attend Reverse Buyer Seller Meet for Textile and Apparel sector in Kolkata
Kolkata/IBNS: Rural artisans of West Bengal produce a wide range of artefacts that are good enough to draw international clientele but often fail to reach their target owing to lack of quality packaging, said Sadhan Pande, the state's Minister of Consumer Affairs Department.
Syndicate Bank extends Loan Restructuring Facility to MSMEs
Bengaluru/UNI: Public lender Syndicate Bank has extended the restructuring of the loan to MSMEs. This will provide MSMEs a flexible repayment option and prevent their accounts from being classified as Non-Performing Assets (NPAs).
Kolkata, May 24 (IBNS): In keeping with its aim to facilitate business links, Kolkata-based The Bengal Chamber of Commerce and Industry (Bengal Chamber) recently hosted K V Kumar, Chairman and CEO of Indian American International Chamber of Commerce (IAICC), Washington, DC.
Financial inclusion of MSMES needed for development of the Country: Giriraj Singh
New Delhi, Feb 12 (IBNS): Ministry of Micro Small and Medium Enterprises (MSME) organized a Regional Conference on MSME Financing under National SC/ST Hub Scheme in New Delhitoday.
ICICI Bank organises MSME conclave in Jaipur
Jaipur, Oct 24 (IBNS): ICICI Bank Limited organised a conclave for MSMEs (Micro, Small and Medium Enterprises) in jaipur on Tuesday, an official release said.
Kolkata: The Bengal Chamber wants MSMEs to be financially strong and look for new markets
Kolkata, Jun 9 (IBNS): Keeping in mind that Micro, Small & Medium sized Enterprises (MSMEs) play a pivotal role in the economic progress of developing countries like India, the Bengal Chamber of Commerce and Industry (BCC&I) recently organized an 'Awareness Programme for the MSMEs' in Kolkata.
Kolkata, May 11 (IBNS): To make more coal available for the small, medium and other sectors the Maharashtra Government appointed Maharashtra State Mining Corporation (MSMC) as the state nominated agency (SNA) for coal distribution to MSMEs of the state.
SIDBI launches Samridhi virtual assistant and Bankability Kit on Foundation Day
Lucknow, Apr 2 (IBNS): SIDBI celebrated its foundation day on Monday as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate).
ICICI Bank announces launch of ‘InstaOD’
Mumbai, Mar 13 (IBNS): ICICI Bank, a largest private sector bank, on Tuesday announced the launch of an instant overdraft facility for MSME (Micro, Small and Medium Enterprises) customers in a completely online and paperless manner.
GST to boost MSMEs’ competitiveness, says study
New Delhi, July 8 (IBNS):The Goods and Services Tax (GST) would boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by ASSOCHAM- Ashvin Parekh Advisory Services (APAS).
Budget 2017: Income tax for MSMEs with annual turnover upto Rs. 50 Crore is reduced to 25 per cent
New Delhi, Feb 1 (IBNS): Presenting the General Budget 2017-18 in Parliament on Wednesday, Union Finance Minister Arun Jaitley said that the income tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME companies more viable and also to encourage firms to migrate to company format.
IIMCIP launches its new project INVENT
Kolkata, Oct 20 (IBNS): IIM Calcutta Innovation Park, formed under the aegis of IIM Calcutta, for promoting entrepreneurship and innovation in research and business through industry-academia partnership, formally announced the launch of its new initiative INVENT, on Wednesday, at IIMC City Office campus in Kolkata.