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Micro Small Medium Enterprises Business Indian Economy
Micro Small Medium Enterprises Business Indian Economy

176 followers
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SME Focus:

1. Contactless banking for MSMEs to be the new paradigm: Fin Services Secretary Rajiv Kumar-

Govt has started a web portal that enables MSMEs to obtain a loan of up to Rs 1 crore within an hour. The portal is a strategic initiative of a SIBDI-led consortium of banks -- SBI, Bank of Baroda, PNB, Vijaya Bank and Indian Bank -incubated under the aegis of the Department of Financial Services, Ministry of Finance. 

Read more at: http://bit.ly/2QyJkOM

2. All is not good for exports with rupee depreciation: FIEO

Depreciation is increasing cost of imported capital goods, inputs and various services used by exporters paid in foreign currency particularly the freight charges as shipping companies adopt exchange rate. 

Read more at: http://bit.ly/2RwG9IN

3. Last date for businesses to file IT returns is Oct 15: Know what all documents you need to have in place-

There is still time for GST return filing for the month of September 2018, which is due on 20th October 2018. 

Read more at: http://bit.ly/2C1Utnf

4. Origo Commodities raises Rs 80 crore to strengthen agriculture finance-

Origo Commodities has a presence in 12 states across India and manages agriculture commodities of approximately Rs 8,000 crore.

Read more at: http://bit.ly/2OQykPP

#SMEFocus #SMENews #BusinessNews #Entrepreneurs #Entrepreneurship #Business #SMEs #SMBConnect
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Automation in HR is the new reality.

In no time, you will have to implement your #HR processes using technology in order to maximise productivity and ensure enterprise-wide efficiency. Here’s the quick guide to help you through!

To read more, visit- http://bit.ly/2IE5bBM

#HRTechnology #SMEs #Entrepreneurs #BEcausesmallcanbebig #SMBConnect
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Iza Jameel, Management & Brand Expert, highlights the importance of designing your Own brand strategy to distinguish your brand from that of the competitors.

#ThursdayThoughts #IzaJameel #BrandIdentity #Brands #Strategies #StartManageExpand #SMEs #Business #Entrepreneurship #SMBConnect
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SME Focus:

1. Government to take all measures to ensure liquidity in SMEs: Arun Jaitley-

Jaitley's assurances followed panic selling in the equity market on Friday that pushed the benchmark Nifty Index more than three percent lower in less than 30 minutes. 

Read more at: https://bit.ly/2xKe5cH

2. Bank nod for MSME loans of up to Rs 1 crore in 59 mins: Govt-

Arun Jaitley announced two new initiatives, including ranking states on financial inclusion, and a mobile app to help consumers locate the closest bank branches and ATMs. 

Read more at: http://bit.ly/2Qio1Rx

3. Cabinet okays Rs 5,500-crore package to sugar industry-

The measure is aimed at helping the cash-starved mills clear Rs 13,000 crore they owe currently to farmers before the 2019 general elections. 

Read more at: http://bit.ly/2DRHCqu

4. Finance minister hits out at Rajan for MSME banking crisis statement- 

I think for anyone to do postmortem is easier than action when it was required," Jaitley said when asked to comment on Rajan's view about MSME. 

Read more at: http://bit.ly/2ItBFhZ


#SMEFocus #SMENews #BusinessNews #Entrepreneurs #Entrepreneurship #Business #SMEs #SMBConnect
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6 important things #SMEs must keep in mind while embarking on a #Digital journey!

#FridayFeeling #DigitalMarketing #SocialMedia #Succcess #Business #Entrepreneurship #SMBConnect
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Siladitya Ganguly, CEO- Regal Services, explains the strategies to win in an long term #Business, and how #SMEs can expand their business, at #StartManageExpand Season 3 Kolkata session.

#ThursdayThoughts #SustainableBusiness #Expansion #Entrepreneurship #SMBs #SMBConnect
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SME Focus:

1. Early festival for Amazon sellers as fees and storage charges cut-
 
With currently over 3,80,000 sellers on its marketplace offering more than 170 million products, Amazon India is witnessing an addition of 3,000 sellers every week. 

Read more at: https://bit.ly/2pwH6Ux

2. A flawed method of calculating auto sales is hitting dealers hard-

Industry experts were also of the unanimous view that the dealer-manufacturer partnership has to align well together and arrive at a solution where inventories could be optimised.

Read more at: https://bit.ly/2MXct46

3. 'MSME loans: Private banks, NBFCs eat into PSU banks' market share'-

The total credit outstanding in formal lending has grown to Rs 101 lakh crore as of June, according to the report, of which Rs 22.8 lakh crore is for MSMEs and Rs 42.8 lakh crore for large and mid corporates. 

Read more at: https://bit.ly/2QULJVa

4. Universal Robots eyes MSMEs to expand here-

The use of robots on Indian assembly lines has always been viewed with scepticism, considering the number of manual jobs these robots could displace in a country that is already teeming with a large number of unemployed youth. 

Read more at: https://bit.ly/2OIZsg9

#SMEFocus #SMENews #BusinessNews #Entrepreneurs #Business #SMEs #SMBConnect
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‘KNOW’ing Your Potential #Customers is the Key to #Success! Read out to know why.

#KNOW #Consumers #Knowledge #Needs #Options #Wants #Business #Entrepreneurship #SMEs #SMBConnect
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