Facebook launches 'Small Business Loans Initiative' to offer loans up to Rs 50 lakh to SMEs
The goal of the initiative is to make business loans more easily accessible to small entrepreneurs, and reduce the credit gap within India's MSME (micro, small and medium enterprises) sector, said Facebook India Vice-President and MD Ajit Mohan.
Aug 20, 2021, 15:31 PM IST
Start Sanitary Napkin business at just Rs 15,000 and earn upto Rs 1 lakh; govt will help you with funds
Under the Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes named --Shishu, Kishore and Tarun. Shishu covers loans upto Rs 50,000, Kishor covers loans above Rs 50,000 and upto 5 lakh while Tarun covers loans above 5 lakh and upto 10 lakh.
Jun 08, 2021, 16:13 PM IST
Start this business and earn Rs 70,000 every month; Centre will help you with funds
You can start this business under Pradhan Mantri Mudra Yojana.
Jun 09, 2020, 14:21 PM IST
MSMEs new definition and criterion to come into effect from July 1
The revision in MSME definition was announced in the Atmnirbhar Bharat package on May 13, 2020 by Finance Minister Nirmala Sitharaman.
Jun 03, 2020, 17:37 PM IST
Invest Rs 10,000 and earn Rs 30,000 per month by starting pickle making business
For pickle making business you will be required to obtain a license.
May 08, 2020, 15:56 PM IST
Relief to small businesses: GST exemption limit doubled to Rs 40 lakh
The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.
Jan 10, 2019, 15:44 PM IST
Turnover limit for biz availing composition scheme under GST raised to Rs 1.5 crore: Sources
The new rule will come to effect from April 1, 2019.
Jan 10, 2019, 13:34 PM IST
GST Council to meet on January 10: Here's what SMEs, MSMEs, home buyers can expect
While for small service providers, the Council may announce a flat 5 percent GST.
Jan 09, 2019, 12:19 PM IST
SME IPOs continue to catch investors' fancy; raise Rs 2,155 crore in FY18
Some of these SMEs have even shifted to the main-board.
Apr 02, 2018, 11:37 AM IST
India poised to become world's third largest economy: Prabhu
Prabhu has described small enterprises as the backbone of the global economy.
Nov 30, 2017, 14:33 PM IST
Yes Bank secures over $100-million from US to fund women-run units, SMEs
Opic acting president Dev Jagadesan said the tie-up is aimed at fostering economic growth in India by alleviating the financial challenges faced by SMEs.
Jul 14, 2017, 19:09 PM IST
Many reforms coming, GST will get SMEs into value chain: Das
Committing to "many more reforms", a top finance ministry official today said implementation of the goods and services tax (GST) will bring small and medium enterprises (SMEs) into the national value chain.
Sep 07, 2016, 18:28 PM IST
SMEs raise Rs 290 crore through IPOs in 2015-16
Riding on upbeat market sentiment, as many as 44 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 290 crore in the past fiscal.
Apr 05, 2016, 15:41 PM IST
SMEs raise Rs 287-cr through IPOs during Apr-Jan FY'16
To tap the upbeat investor sentiments, as many as 34 small and medium enterprises (SMEs) got listed on capital markets with initial public offerings worth Rs 287 crore in the first ten months of current fiscal.
Mar 22, 2016, 14:48 PM IST
Lenovo launches servers for Indian SMEs
Chinese technology major Lenovo on Monday launched its ThinkServer brand in India aimed at small and medium enterprises (SMEs) in the country.
Jan 18, 2016, 22:16 PM IST
PayUmoney sees boom in digital adoption by SMEs
Leading payment gateway player PayUmoney remains bullish about rapid adoption of e-commerce by the small and medium-sized enterprises.
Oct 11, 2015, 20:59 PM IST
Bandhan Bank to fund SMEs, create jobs: FM Jaitley
The company, which started operations as a micro finance institution, got final approval from RBI in June to launch commercial banking operations.
Aug 23, 2015, 15:10 PM IST
GoDaddy to help SMEs set up e-commerce websites
US-based tech firm GoDaddy Wednesday launched its 'GoDaddy Online store' in the country to help small and medium enterprises (SMEs) in the country to set up their own e-Commerce websites.
Jul 22, 2015, 21:35 PM IST
Companies on BSE SME platform cross 100-mark
With listing of five more firms, the number of companies on BSE platform for small and medium enterprises (SMEs) today crossed the 100-level mark.
Jul 16, 2015, 16:03 PM IST
Loans to small businesses may double to Rs 1lakh cr: Jaitley
Officials from the Department of Financial Services (DFS) updated the Finance Minister on the subsequent steps taken in this regard following the setting up of MUDRA Bank.
Jun 12, 2015, 20:34 PM IST
