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Centre begins talks for easing MSME compliance burden, financing woes:

In a relief to the micro, small and medium business ecosystem in the country, the Centre began talks on reforms to reduce the compliance burden and provide regulatory relaxations for MSMEs in registration, mergers & acquisitions as well as closures of business, along with a focus on addressing financing difficulties in the sector. MSME refers […]

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Top 10 MSME Loan Schemes in India for Growth and Expansion

Substantial steps have been taken by the Indian Government and financial institutions to provide adequate loans for micro, small and medium enterprises (MSMEs) to foster growth without interruption. According to the Ministry of Micro, Small & Medium Enterprises’ report, over 12 million MSMEs are registered across India and contribute significantly to its economy. As such, […]

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Govt. to revamp revival framework for MSMEs

In the previous budget, Finance Minister, Nirmala Sitharaman had said that a new mechanism would be launched for facilitating continuation of bank credit to MSMEs during their stress period. The Government is working on revamping the framework for revival and rehabilitation (FRR) of debt-ridden micro, small, and medium enterprises (MSMEs) in order to make it […]

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L&T chairman, Mr. S N Subrahmanyan paid ₹51 crores as salary in FY24, while median salary of employees was Rs.9.55 lakhs:

Larsen & Toubro Chairman, Mr. S N Subrahmanyan took home a total salary of ₹51 crores in 2023-24, which is 534.57 times the median salary of the employees of L&T. His remuneration for 2023-24 included a base salary of ₹3.6 crores, ₹1.67 crores as prerequisites and ₹35.28 crores as commission. He also received retirement benefits of ₹10.5 crores, bringing […]

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Latest RBI Guidelines for FDs, Credit Cards and UPI Transactions w. e. f 1st January 2025

As we welcome the New Year, significant changes are on the horizon, including the RBI’s revised regulations for fixed deposits and modifications to the credit card offerings from certain issuers. Furthermore, this period typically prompts many employers to ask their employees for proof of tax-saving investments made during the financial year.  Starting January 1, 2025, […]

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This SME stock extends rally up to 132% in 6 days; BSE lowers circuit limit

Shares of Toss The Coin hit a new high of Rs 842.55, zooming 363% against its issue price of Rs 182 per share on the BSE. Shares of Toss The Coin hit a new high at Rs 842.55, on hitting the 5% upper circuit on the BSE in Thursday’s intra-day trade in an otherwise weak market. The […]

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

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 […]

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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!

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 […]

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Germany’s great slowdown:

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, […]

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

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 […]

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