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SMEs seek dedicated govt dept

SMEs seek dedicated govt dept

A separate department to address all issues pertaining to small and medium enterprises (SMEs) has been demanded by…

PE firms pushing their portfolio companies to open GCCs in India

PE firms pushing their portfolio companies to open GCCs in India

Private equity firms like KKR and Blackstone are increasingly pushing their portfolio companies to establish global capability centers…

Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review the preparedness of Public Sector Banks

Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review the preparedness of Public Sector Banks

Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review the preparedness of Public Sector Banks in wake…

2nd Indo-French Joint Committee of Science and Technology (JCST), paves way for renewed scientific co-operation

2nd Indo-French Joint Committee of Science and Technology (JCST), paves way for renewed scientific co-operation

The second meeting of the Indo-French Joint Committee of Science and Technology (JCST) which took place today, discussed…

India will continue to be the world’s fastest growing large economy for many decades to come: Union Minister Piyush Goyal

India will continue to be the world’s fastest growing large economy for many decades to come: Union Minister Piyush Goyal

The Union Minister for Commerce and Industry, Textiles and Consumer Affairs, Food and Public Distribution Piyush Goyal addressed…

SME Chamber of India urges credit reforms, permanent RBI advisory body

SME Chamber of India urges credit reforms, permanent RBI advisory body

The Small & Medium Business Development Chamber of India (SME Chamber of India) has called for urgent reforms…

Recent Posts

German economy shrinks for second year in a row

German economy shrinks for second year in a row

BySMEConnect-DeskJan 15, 20253 min read

First consecutive year of declining GDP since early 2000s highlights challenges facing next Government. Germany’s economy has shrunk for a second consecutive year for the first time in more than two decades, highlighting the challenges the next Government will face after snap elections in February. As voters prepare to head to the polls amid heightened […]

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

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

BySMEConnect-DeskJan 14, 20256 min read

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…

Top 10 MSME Loan Schemes in India for Growth and Expansion

Top 10 MSME Loan Schemes in India for Growth and Expansion

BySMEConnect-DeskJan 12, 20255 min read

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…

Govt. to revamp revival framework for MSMEs

Govt. to revamp revival framework for MSMEs

BySMEConnect-DeskJan 12, 20256 min read

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…

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

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

BySMEConnect-DeskJan 10, 20253 min read

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.…