Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Budget 2021: 400 old duty exemptions to get…
Presenting the Budget 2021, Finance Minister Nirmala Sitharaman proposed to review more than 400 old exemptions in customs this year. The government is to put into place a new customs duty structure by Oct-1, 2021,…
A case for better tax-policies for MSMEs
Economies across the world came to a standstill over the last one year as a result of the pandemic, and subsequent lockdowns. There is no denying that one of the worst hit businesses during these…
ICICI Bank ties up with Niyo to issue…
MUMBAI: ICICI Bank and fintech company Niyo on Thursday announced a tie-up to issue prepaid cards to workers of Micro, Small & Medium Enterprises (MSMEs). MSMEs will now be able to get ‘ICICI Bank Niyo…
Tata Power, SIDBI join hands for rooftop solar…
NEW DELHI: Tata Power on Tuesday announced its partnership with SIDBI to provide a finance scheme to the MSME players in the rooftop solar segment. Tata Power said easy financing has been one of the…
MSMEs, small dealers not to be affected by…
New Delhi: Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash as only entities with annual turnover of Rs…
How can India build globally competitive MSMEs?
Recent RBI data suggests that the availability of credit for MSMEs has contracted despite the Emergency Credit Line Guarantee Scheme (ECLGS) that was announced to help this fragile sector survive the impact of the pandemic-induced…
Redefining supply chain management in MSMEs: What to…
The gradual adoption of digital routes by keeping customer experience at the center, is driving the industrial renaissance in supply chains worldwide. By optimizing the supply chain, custom goods can be manufactured and shipped at…
SBI will prefer co-origination models of lending to…
New Delhi: State Bank of India (SBI) will prefer the co-origination model to cater to the financing needs of MSMEs and collaboration with fintechs is a good idea as it helps in assessing the risk…