IIMA Ventures Launches Growth Accelerator 2.0 to Support 15 SMEs
IIMA Ventures Launches Growth Accelerator 2.0 to Support 15 SMEs Participants will start with a three-day bootcamp at the IIM Ahmedabad campus, featuring workshops and sessions on scaling businesses, led by IIMA faculty. IIMA Ventures, the startup incubator of IIM Ahmedabad, has launched Growth Accelerator 2.0, designed to support 15 SMEs, family businesses, and growth-stage […]
Digital Competition Bill Could Undermine MSME Ecosystem, Say Small and Medium Businesses
Digital Competition Bill Could Undermine MSME Ecosystem, Say Small and Medium Businesses Members of the India SME Forum, the largest association of SMEs in the country, expressed concerns that the Digital Competition Bill (DCB) could adversely affect the MSME ecosystem and hinder India’s Viksit Bharat goals. The industry body, representing small and medium enterprises (SMEs), […]
India’s Manufacturing Sector Growth Slows in July Amid Softer Orders and Output
India’s Manufacturing Sector Growth Slows in July Amid Softer Orders and Output New Delhi: India’s manufacturing activity eased slightly in July due to softer increases in new orders and output, following a recovery in June from a three-month low in May. The HSBC final India Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, recorded […]
SEBI orders probe against SME IPO merchant banker for alleged violations while managing issues: Report
SEBI orders probe against SME IPO merchant banker for alleged violations while managing issues: Report SEBI ordered an inspection of Corporate Capital Ventures and probed the operations and activities of the entity and its directors between August 2022 and June 2024. Capital markets regulator Securities and Exchange Board of India (SEBI) is reportedly investigating Corporate […]
India Elected Vice-Chair of Indo-Pacific Supply Chain Council
India Elected Vice-Chair of Indo-Pacific Supply Chain Council India has been elected as Vice-Chair of the Supply Chain Council, the Commerce and Industry Ministry announced on Wednesday. In a significant milestone, the 14 partner countries of the Indo-Pacific Economic Framework (IPEF) have established three councils to enhance economic cooperation in the region. Under the Indo-Pacific […]
High Returns and Government Support Drive AIFs to Explore SME-Focused IPOs
High Returns and Government Support Drive AIFs to Explore SME-Focused IPOs Approximately 900 SMEs are now listed on the SME platforms of both the National Stock Exchange and the BSE, with significant traction observed over the past 2-3 years. The recent success of Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs), coupled with […]
NSE Partners with Defence Ministry to Facilitate MSME Capital Access
NSE Partners with Defence Ministry to Facilitate MSME Capital Access The National Stock Exchange (NSE) has partnered with the Defence Ministry to provide capital market access to MSMEs in the defence sector through its NSE Emerge platform. New Delhi, Jul 29 (PTI) – The National Stock Exchange (NSE) announced on Monday that it has signed […]
SEBI Urges Stricter Norms for SME IPO Approvals: Report
SEBI Urges Stricter Norms for SME IPO Approvals: Report The market regulator is reportedly also working on tweaking the eligibility criteria for SME IPOs to ensure only fundamentally strong companies make the cut. The Securities and Exchange Board of India (SEBI) has instructed stock exchanges to exercise increased vigilance when approving initial public offerings (IPOs) […]
MSME Credit to Benefit from Budget Boost, Counter Unsecured Loan Stress
MSME Credit to Benefit from Budget Boost, Counter Unsecured Loan Stress To enhance credit flow to MSMEs, the government is urging banks to offer collateral-free term loans and additional support during financial stress. The FY25 budget includes a new credit guarantee scheme to help MSMEs in manufacturing secure loans for machinery and equipment without needing […]
MSME Experts Highlight Gaps in Budget 2024
MSME Experts Highlight Gaps in Budget 2024 The MSME ecosystem has collectively praised the measures announced in the Budget 2024, including a Rs 100 crore Credit Guarantee Scheme for manufacturing units, a new credit assessment model based on MSME digital footprints, credit support for MSMEs under stress, enhanced Mudra loan limits, and a reduced turnover […]