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SMEs News

20 Aug 2021

Facebook launches 'Small Business Loans Initiative' to offer loans to SMEs

Facebook is providing the connection between the lender partner and the SME and adding structure in terms of interest rates. About 200 million businesses use Facebook apps every month across Facebook, Instagram and WhatsApp. Indifi will also disburse the loan amount within five working days of the borrower completing all documentation formalities.

Pradhan Mantri MUDRA Yojana

08 Jun 2021

Start THIS business at just Rs 15,000 and earn upto Rs 1 lakh

Potential for MSME business. Get Mudra Loan. Earn sustainable profit.

Pradhan Mantri MUDRA Yojana

09 Jun 2020

Start this business and earn Rs 70,000 every month; Centre will provide funds

You can start this business under Pradhan Mantri Mudra Yojana.

Micro Small & Medium Enterprises

03 Jun 2020

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.

08 May 2020

Invest Rs 10,000 and earn Rs 30,000 per month by starting pickle making biz

For pickle making business you will be required to obtain a license.

GST council meeting

10 Jan 2019

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.

GST council meeting

10 Jan 2019

Turnover limit for biz availing GST composition scheme raised to Rs 1.5 crore

The new rule will come to effect from April 1, 2019.

GST council meeting

09 Jan 2019

GST Council to meet on January 10: Here's what MSMEs, home buyers can expect

While for small service providers, the Council may announce a flat 5 percent GST.

Small and medium enterprises

02 Apr 2018

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.

30 Nov 2017

India poised to become world's third largest economy: Prabhu

Prabhu has described small enterprises as the backbone of the global economy.

14 Jul 2017

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.

07 Sep 2016

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.

Small and medium enterprises

05 Apr 2016

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.

Investor sentiments

22 Mar 2016

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.

18 Jan 2016

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.

11 Oct 2015

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.

23 Aug 2015

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.

22 Jul 2015

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.

16 Jul 2015

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.

Loans to small businesses

12 Jun 2015

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.

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