With these latest approvals, over 3,700 startups have now benefited from the scheme since its launch. As per a Commerce Ministry statement, the approvals came during the 79th and 80th meetings of the Inter-Ministerial Board (IMB), with 75 startups cleared in the 79th meeting and 112 in the 80th, held on 30 April. The Department […]
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On Wednesday, SEBI passed an interim order wherein Inventure Merchant Banking Services was directed not to take new merchant banking assignment until further orders. SEBI has taken similar action against First Overseas Capital as well. The SEBI action assumes significance as the SME IPO segment is seeing a lot of action in the last few […]
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TReDS has supported MSME credit access, but substantial expansion is needed to enhance its reach and effectiveness, say experts. Introduced in 2017, the TReDS ecosystem aims to address the huge credit gap in India’s MSME sector by providing a digital platform designed to enable timely financing and alleviate issues related to delayed payments. The Trade […]
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OPERATION SINDOOR’s Aatmanirbhar Innovation: Indian drone market is projected to reach $11 billion by 2030, accounting for 12.2% of the global drone market. The integration of drone warfare into India’s military doctrine owes its success to years of domestic R&D and policy reform and the ban on imported drones since 2021 has acted as a […]
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Over the past two decades, Pakistan’s economic lead over Indian states like Tamil Nadu and Maharashtra has diminished significantly. In 2004-05, Pakistan’s GDP was $132 billion, while Tamil Nadu’s GSDP was only $48 billion. By 2023-24, Tamil Nadu’s GSDP has nearly equalled Pakistan’s GDP, reaching $329 billion, highlighting a growing economic divergence. Pakistan’s economic position, […]
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The Allahabad High Court had held that entities acting on behalf of foreign companies were expressly excluded from receiving MSME benefits. The Supreme Court recently upheld an Allahabad High Court decision quashing the award of a ₹37.92 crores cloud services contract to CloudThat Technologies, a registered Micro and Small Enterprise (MSE), on the ground that […]
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Small businesses are calling for relaxations in proposed regulations for exports and imports under the Foreign Exchange Management Act (FEMA), saying a one-size-fits-all solution would disadvantage them. MSMEs or micro, small and medium enterprises, say the draft regulations, which were open for public consultations till 30 April, don’t have enough provisions for their exports of […]
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Mr. Chandrakant A Salunkhe – Founder & President, SME Chamber of India and MAHARASHTRA INDUSTRY DEVELOPMENT ASSOCIATION addressing the delegates during Panel Discussion on Progress & Promise: Investing in Maharashtra’s Next Growth Chapter. Others (L to R) Ms. Kavita Thapliyal – ET Now Swadesh (Moderator), Mr. Ashutosh Limaye – Co-Head, Strategic Advisory & Valuations, ANAROCK […]
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Shri Chandrakant Salunkhe – Founder & President, SME Chamber of India and Federation of Indian SME Associations (FISA) as well as Maharashtra Industry Development Association paid courtesy visit to Shri Prataprao Jadhav – Hon’ble Minister of State (Independent Charge), Ministry of Ayush, Government of India on 14th May 2025 at New Delhi.
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NCLAT in the matter of SNJ Synthetics Limited vs. PepsiCo India Holdings Private Limited, rejected the Section 9 application filed by an MSME operational creditor on the ground that the amount of default (excluding interest accrued as per Sections 15 and 16 of MSMED Act) was less than the limit stipulated under section 4 that […]
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