An MSME influencer forum has been launched to promote micro, small and medium enterprises and raise awareness about various government schemes to boost their growth, a statement said on Saturday. Inaugurating the forum virtually, Union Minister Narayan Rane said that such initiatives will bring great thrust to motivate MSMEs and build them towards… Continue reading MSME influencers forum launched to promote small & medium units growth
Tag: Small
Net collections under small savings schemes dip for first time in 11 years
Representative Image (Photo: Pexels) Net collections under small savings schemes such as National Savings Certificate (NSC) and Public Provident Fund (PPF) dipped for the first time in 11 years in the last fiscal year (FY23). Net small savings collections (deposits minus withdrawals by the subscribers) in FY23 stood at Rs 3.04 trillion, witnessing… Continue reading Net collections under small savings schemes dip for first time in 11 years
Postal dept helping small businesses contribute to India’s exports
Dakghar Niryat Kendras (DNKs) are helping small businesses in exporting even the smallest items from any part of the country, a senior postal official said here on Thursday. Speaking at a session organised by the Merchants’ Chamber of Commerce, Post Master General of West Bengal circle Anil Kumar said the scheme is helping… Continue reading Postal dept helping small businesses contribute to India’s exports
Small firms in online money gaming will be unable to survive high GST: AIGF
Small companies that are into online real money-based gaming will not be able to survive due to the high Goods and Services Tax of 28 per cent, industry body All India Gaming Federation said on Wednesday. Finance Minister Nirmala Sitharaman has announced that a 28 per cent GST on the full face value… Continue reading Small firms in online money gaming will be unable to survive high GST: AIGF
62% corporate employees get salary hikes, small cities do better: Study
As many as 62 per cent corporate employees of various years of experience and across industries received salary hikes this year, said a report on Tuesday, marking a hopeful note despite an uncertain job market. As many as 13 per cent professionals in non-metro cities received hikes exceeding 20 per cent, said the… Continue reading 62% corporate employees get salary hikes, small cities do better: Study
Foxconn EV venture targets India and Thailand for new small car plant
Foxconn’s venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive said. The Taiwanese company’s EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build… Continue reading Foxconn EV venture targets India and Thailand for new small car plant
Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr
Indian lender Jana Small Finance Bank [JANA.BO] has resubmitted its application for an initial public offering, two years after pulling its previous plan due to the pandemic and the last year it could remain private according to local market regulations. The offer consists of fresh issue of shares worth up to 5.75 billion… Continue reading Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr