SME E-News – Page 29

Government to launch new credit guarantee scheme for MSMEs covering loans up to Rs.100 crores

January 9, 2025January 10, 2025SME E-NewsLeave a Comment

Finance Minister, Nirmala Sitharaman, in her Budget 2024-25 announcement, highlighted the scheme’s framework. It aims to facilitate term loans for MSMEs to purchase machinery and equipment without collateral or third-party guarantees. The Government is set to introduce a new credit guarantee scheme for the Micro, Small, and Medium Enterprises (MSME) sector, providing collateral-free loans up […]

Sanand Industries Association joined the hands with SME Chamber of India and Gujarat Industry Development Association (GIDA) to pave the way for new growth opportunities!

January 8, 2025January 10, 2025SME E-NewsLeave a Comment

Mr. Ajit N. Shah – President, Sanand Industries Association and eminent Industrialist has paid courtesy visit to Mr. Chandrakant Salunkhe – Founder & President, Gujarat Industry Development Association and SME Chamber of India to invite and seek support to make a grand success of premium event on “Sanand global expo to be organised 7th to […]

Germany’s great slowdown:

January 8, 2025January 13, 2025SME E-NewsLeave a Comment

This economic downturn has significant geopolitical implications for the world’s third-largest economy. Domestically, it has already resulted in political turmoil. Germany, the third-largest economy in the world, boasts a nominal gross domestic product of $4.7 trillion in 2024, according to the International Monetary Fund. With a population of 84 million, it ranks ahead of Japan, […]

This recently listed SME stock zoomed 204% against issue price in 10 days:

January 8, 2025January 13, 2025SME E-NewsLeave a Comment

Tata Technologies share price: Engineering services company Tata Technologies shares rose as much as 3.41% to hit an intraday high of Rs 912 apiece on Wednesday, January 8, 2025.The uptick in share price came after Tata Technologies and Telechips, an automotive semiconductor solutions provider, announced a strategic partnership at CES 2025 to revolutionise vehicle software […]

Gujarat Lags in Per Capita Spending: Ranks 23rd Nationally

January 6, 2025January 7, 2025SME E-NewsLeave a Comment

“A recent Union government report reveals that Gujarat ranks 23rd among Indian states and territories in average monthly per capita expenditure (MPCE). Rural Gujarat’s MPCE stands at Rs 4,116, while urban areas average Rs 7,175. Sikkim leads with the highest MPCE in both rural (Rs 9,377) and urban (Rs 13,927) areas. The report, based on […]

SMEs are the main target for cyber criminals

January 5, 2025January 6, 2025SME E-NewsLeave a Comment

Gujarat Industry Development Association (GIDA) and SME Chamber of India organized an effective Vadodara Industries and SME Summit to address the urgent needs and opportunities of the SME sector. Held on January 4, 2025, the summit brought together industrialists, industry leaders and technology experts to discuss important topics such as cybersecurity, digital bill discounting,finance, technology […]

Decoding Credit Scores: The Push for Transparency

January 5, 2025January 7, 2025SME E-NewsLeave a Comment

Credit scores play a crucial role in our financial lives, impacting loan approvals, interest rates, and even credit card limits. However, concerns are growing about the transparency of these scores and the methodologies used to calculate them. Recent cases highlight instances where individuals with clean repayment histories faced unexpected credit score drops or were denied […]

VADODARA INDUSTRIES & SME SUMMIT

January 4, 2025January 6, 2025SME E-NewsLeave a Comment

Mr. Chandrakant Salunkhe, Founder and President – SME Chamber of India & Gujarat Industry Development Association (GIDA) addressing the delegates on Exploring emerging business, exports and investment opportunities for better business growth of SMEs and manufacturing industries. Mr. Neehar Pathcare – MD, CEO & CIO, 63SATS addressing the delegates on Emerging Threats and Tailored Cybersecurity […]

INTERACTIVE MEETING WITH CHIEF MINISTER OF MAHARASHTRA

January 3, 2025January 3, 2025SME E-NewsLeave a Comment

Shri Chandrakant Salunkhe – Founder & President, Maharashtra Industry Development Association and SME Chamber of India has paid courtesy visit to Hon’ble Chief Minister of Maharashtra Shri Devendra Fadnavis and discussed about various issues and grievances of Manufacturing Industries and SME sector as well as apprises & presented annual activity report and list of the […]

India’s Innovative Mavericks: 10 Young Entrepreneurs Making a Mark

January 3, 2025January 7, 2025SME E-NewsLeave a Comment

Entrepreneurship is booming in India, with young founders leading the charge. This article profiles 10 such entrepreneurs who are making a positive impact through their innovative businesses. India has become a global hub for startups, ranking second in the 2023-24 Global Entrepreneurship Monitor (GEM) report. Today’s successful entrepreneur isn’t just focused on profit; they’re also […]

Author: SME E-News