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As K’taka Cabinet amends 99 yr land allotment clause for single units, MSMEs urge CM to reduce lease period for them as well

As K’taka Cabinet amends 99 yr land…

Bengaluru, Mar 2 (KNN) Karnataka Cabinet has passed an amendment to the Karnataka Industrial Areas Development Board (KIADB) rules on land allotment by…

Even after a decade, banks especially PSBs and SCBs are yet to achieve targets of the PM task force for MSMEs

Even after a decade, banks especially PSBs…

New Delhi, Mar 2 (KNN) The target set by Prime Minister’s Task Force on MSMEs for lending to micro and small enterprises (MSE) sector was 20% year-on-year…

Private banks to charge upto Rs 150 for cash transactions

Private banks to charge upto Rs 150…

Mumbai, Mar 2 (KNN) Major private sector banks including HDBC Bank, ICICI Bank and Axis Bank have stared transaction charges for cash deposits and withdrawals…

Plastic is both an opportunity as well as a challenge: Ananth Kumar

Plastic is both an opportunity as well…

New Delhi, Mar 2 (KNN) Plastic is both an opportunity as well as a challenge, which needs a special strategy and a behavioral change in the common man to…

Payment service providers, SME financing entities etc chipped away chunk after chunk of banking; R Gandhi

Payment service providers, SME financing entities etc…

Mumbai, Mar 1 (KNN) Chunking of banking is the norm; and for undertaking each of these chunks, there are some specialist entities who perform only those…

Sitharaman to inaugurate the National Conference on

Sitharaman to inaugurate the National Conference on…

New Delhi, Mar 1 (KNN) The Minister of State for Commerce & Industry Nirmala Sitharaman, will inaugurate the second edition of the National Conference…

Holding more than 10 scrapped notes now punishable with minimum fine of Rs 10,000

Holding more than 10 scrapped notes now…

New Delhi, Mar 1 (KNN) The rule which makes holding of more than 10 scrapped notes punishable with a minimum fine of Rs 10,000 has been notified by the…

Will mandatory registration of PSUs, Govt Depts & Corporates in TReDS platform solve delayed payment issue in MSMEs?

Will mandatory registration of PSUs, Govt Depts…

New Delhi, Mar 1 (KNN) The Ministry of MSME is considering bringing in necessary rules for making it mandatory for PSUs, Government Departments and Corporates…

Indian manufacturing production and new orders expand in February; Nikkei Mfg PMI

Indian manufacturing production and new orders expand…

New Delhi, Mar 1 (KNN) India’s factory activity expanded for a second straight month in February, however, output price inflation also accelerated…

Traders, retailers in Tamil Nadu boycott Pepsi, Coca Cola; refuse to sell them at their shops

Traders, retailers in Tamil Nadu boycott Pepsi,…

Chennai, Mar 1 (KNN) Traders and retailers in Tamil Nadu today started boycotting multinational cola brand along with their other soft drink products citing…

MSME units increased by 25.33% in Madhya Pradesh from 2015 to 2016: MP Economic Survey

MSME units increased by 25.33% in Madhya…

Bhopal, Mar 1 (KNN) There has been an increase of 25.33% in the micro, small and medium enterprises (MSME) sector in Madhya Pradesh, highlighted the MP…

TU CIBIL launches credit ranking system for MSMEs to measure probability of co turning into NPA

TU CIBIL launches credit ranking system for…

Mumbai, Mar 1 (KNN)  Credit Information Bureau (India) Ltd (CIBIL) has launched a credit ranking system for micro, small and medium enterprises (MSMEs)…

Credit to MSE, Medium Industries fell by 7.4% and 10.2% in Jan 2017 respectively

Credit to MSE, Medium Industries fell by…

New Delhi, Mar 1 (KNN) The credit to the Micro and Small Enterprises (MSE) sector declined by 7.4 per cent in January 2017 as compared to an increase of…

Provide ‘addl working capital limit’ to MSE borrowers to overcome difficulties due to cash flow mismatches: RBI to banks

Provide ‘addl working capital limit’ to MSE…

New Delhi, Feb 28 (KNN) RBI has advised the banks to use their facility of providing ‘additional working capital limit’ to their micro and small…

Mohali ESI Hospital staffs, doctors admit there is no infra, then why do labours need to pay, ask MSMEs

Mohali ESI Hospital staffs, doctors admit there…

Mohali, Feb 28 (KNN) Punjab MSMEs have been crying for long due to the sorry state of ESI Hospitals, but now the situation is so bad that the doctors and…

RBI sets up Inter-disciplinary Standing Committee on Cyber Security

RBI sets up Inter-disciplinary Standing Committee on…

Mumbai, Feb 28 (KNN) In an effort to strengthen cyber security and resilience, the Reserve Bank of India (RBI) has set up an Inter-disciplinary Standing…

Services at banks hit as banks’ unions go ahead with strike

Services at banks hit as banks’ unions…

New Delhi, Feb 28 (KNN) As the public sector banks remained closed today, services like cash deposits and withdrawal from branches and cheque clearances…

Bengal Govt allocates Rs 300 crore to help demonetization hit workers start own biz

Bengal Govt allocates Rs 300 crore to…

Kolkata, Feb 28 (KNN) West Bengal Government has allocated a fund of Rs 300 crore to provide financial assistance to those who have lost their jobs due…

Hubballi industries oppose proposed tariff hike by HESCOM

Hubballi industries oppose proposed tariff hike by…

Bengaluru, Feb 28 (KNN) Hubballi industries have opposed the proposed power tariff hike by the Hubballi Electricity Supply Company (HESCOM) alleging …

Integration & collaboration across players in value chain, required to garner mutual benefits: MOFPI

Integration & collaboration across players in value…

New Delhi, Feb 28 (KNN) Insisting that the basic materials can be sourced locally, the Food Processing Ministry told Envoys of leading food processing and…