Digital Competition Bill a threat to MSMEs: India SME forum

[ad_1] India SME Forum (ISF), a non-governmental, not-for-profit organisation for small and medium businesses, has written to the Corporate Affairs Ministry (MCA), highlighting the adverse effects of the proposed Digital Competition Bill (DCB) on MSMEs’ ability to access and compete...

Alphabet-backed Aye Finance bags €15-mn debt funding

[ad_1] Aye Finance, a new-age non-banking financial company (NBFC) focused on micro, small and medium enterprises (MSMEs), has secured €15 million (about ₹137 crore) in debt funding through the external commercial borrowing route. Backed by Capital G (Google parent Alphabet’s investment...

Income Tax Act Amendment for MSMEs Faces Uncertainty

[ad_1] As model code of conduct is in operation, postponing the implementation of amendment in Income Tax Act related with deduction on timely payments to micro and small enterprises seems very unlikely.Also read:States got ₹95,000 cr under special assistance for...

Indian start-up ecosystem to play a key role in making India fifth-largest economy: PM Modi

[ad_1] Prime Minister Narendra Modi on Wednesday said that India has democratised technology and the “haves and have nots” theory cannot work in this country. He said this was exemplified by the financial inclusion achieved through UPI, which is used for financial transactions even...

Kerala creates over 1 lakh MSMEs for second year in a row

[ad_1] Kerala’s MSME sector has made a big leap by adding over one lakh ventures for the second consecutive year in 2023-24, taking the total number of newly set up units to 2,40,396 since the launch of the Year of...

Gujarat govt announces new procurement policy to encourage MSMEs and women entrepreneurs

[ad_1] Gujarat government on Saturday announced a new Gujarat Procurement Policy 2024 through which it plans to encourage MSME units and women entrepreneurs to sell more products to the state.The policy, which will come into force on April 1, will...

DGFT partners with DHL for training MSMEs in e-commerce

[ad_1] The Directorate General of Foreign Trade (DGFT) has entered into a collaboration with  logistics service provider DHL for training sessions and workshops for MSMEs in 76 districts of the country to help them benefit from e-commerce and make them...

DGFT partners with DHL for training MSMEs in e-commerce

[ad_1] The Directorate General of Foreign Trade (DGFT) has entered into a collaboration with  logistics service provider DHL for training sessions and workshops for MSMEs in 76 districts of the country to help them benefit from e-commerce and make them...

GenAI enhances customer experience at Walmart stores

[ad_1] Next time you visit a Walmart store in the US, do experience the latest technology that the retail giant has to offer using Generative Artificial Intelligence (GenAI). For example, instead of searching for various things to host a party,...