“The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry said in a notification. Businesses with more than Rs.250 crores turnover, from earlier Rs.500 crores and all Central Public Sector Enterprises (CPSEs) will now be required to onboard the invoice discounting platform TReDS by the Reserve […]
Mumbai, Dec 17 (PTI) Capital markets regulator, Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices on the Small and Medium Enterprises exchange, a senior official said on Tuesday. Addressing the India SME Banking Summit here, Whole Time Member, Ashwani Bhatia said the regulator’s Board will be taking up the issue at its […]
From April 1 2025, uploading e-invoice within 30 days will become mandatory for GST registered taxpayers having an annual turnover above Rs10 crore. Earlier, this threshold limit was Rs100 crore. Talking to Bizz Buzz, Chandrakant Salunkhe, Founder and President, SME Chamber of India and Federation of Indian SME Associations, said: “The new ruling is likely […]
Faced with inflation, an economic slowdown and tightening regulations, small and medium-sized enterprises are operating in a difficult environment. To help them move forward, we need to focus on improving their competitiveness. Luxembourg’s economic fabric is essentially made up of small- and medium-sized enterprises, if we stick to the most commonly accepted definition. This is […]
Support to the millions of MSMEs, the backbone of the economy, is absolutely vital to inch closer to India’s green goals. India has its long-term goals of achieving net-zero by 2070 and meeting 50% of electricity needs from non-fossil sources by 2030. To be in sync with such targets, companies need to focus on sustainability […]
Digital transformation and sustainability empower Indian SMEs to overcome challenges, enhance competitiveness, and expand into global markets, driving economic growth and promoting innovation across industries and geographies Chandrakant Salunkhe – Founder & President, SME Chamber of India Indian SMEs are harnessing digital transformation and sustainability to overcome challenges, enhance competitiveness, and drive economic growth. Between […]
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 […]
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 […]
For decades, Gujarat has been a stronghold for micro, small, and medium enterprises (MSMEs), and now, many of these businesses are turning to equity markets to fuel their growth. While SME IPOs offer a lifeline for companies struggling to secure loans, helping them raise funds, build brands and improve governance, a recent surge in listings […]
The Bombay Stock Exchange (BSE) SME platform has been a game-changer for small and medium enterprises (SMEs) in India, offering them a pathway to raise capital through initial public offerings (IPOs). This access to funding has allowed many SMEs to scale their operations and pursue growth ambitions that might have otherwise been out of reach. Once […]
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