Impact of Bribery on SMEs: Standing Against Corruption May Cost Business Opportunities, Survey Reveals
Impact of Bribery on SMEs: Standing Against Corruption May Cost Business Opportunities, Survey Reveals A global survey by the UK-based Association of Chartered Certified Accountants (ACCA) highlights the impact of bribery and corruption on SMEs worldwide. It found that 59% of SMEs and their advisers believe that resisting bribery and corruption could lead to lost […]
ET Make in India SME Regional Summit’s Second Session to be Held in Lucknow
ET Make in India SME Regional Summit’s Second Session to be Held in Lucknow On May 25, the ET Make in India SME Regional Summit will reach its second city for this year’s edition. Lucknow, renowned for its nawabi heritage and famous handicrafts, will host small businesses, industry leaders, and entrepreneurs in an engaging summit […]
TGIF Agribusiness Makes Strong Debut on BSE SME Platform with 61% Premium
TGIF Agribusiness Makes Strong Debut on BSE SME Platform with 61% Premium TGIF Agribusiness made its debut on the BSE SME platform on Wednesday with shares opening at Rs 150, representing a premium of 61% over the issue price of Rs 93 per share. Prior to its listing, the company’s shares were trading at a […]
SEBI Plans Stricter Rules for SME Public Offers Amid Market Surge
SEBI Plans Stricter Rules for SME Public Offers Amid Market Surge India’s capital markets are on the brink of a regulatory overhaul as the Securities and Exchange Board of India (SEBI) prepares to tighten regulations governing public offerings by small and medium enterprises (SMEs). This initiative responds to increasing concerns over the misuse of a […]
“MSME Delayed Payments: Updated Online Procedure for Filing Applications Against Defaulting Buyers”
MSME Delayed Payments: Updated Online Procedure for Filing Applications Against Defaulting Buyers In response to delayed payments from buyers, MSMEs in India often encounter significant challenges. According to the government’s delayed payment monitoring portal, MSME Samadhaan, since October 2017, approximately 1.89 lakh applications involving Rs 43,160 crore have been filed by MSMEs. However, only 36,074 […]
Driving Factors: Technology’s Role in Shaping India’s Electric Two-Wheeler Adoption
Driving Factors: Technology’s Role in Shaping India’s Electric Two-Wheeler Adoption Technological factors have the potential to either impede or accelerate the adoption of electric two-wheelers in India’s evolving electric vehicle (EV) ecosystem, which has witnessed significant growth in recent years supported by government and private sector initiatives. The interim budget also outlined various measures aimed […]
New MSME payment clause in IT Act
New MSME payment clause in IT Act The Supreme Court declined to hear a petition filed by traders’ associations challenging the constitutionality of Section 43B(H) of the Income Tax Act, which mandates businesses to clear dues owed to micro, small, and medium enterprises (MSMEs) within 45 days to avail tax benefits. Instead, a bench headed […]
How Lenders Navigate Risk in MSME Lending Without Credit History
How Lenders Navigate Risk in MSME Lending Without Credit History Lending to small and unorganised businesses presents significant credit risk, primarily due to the absence of credit history for assessment. Traditional methods of credit evaluation, such as predicting behavior based on credit history or analyzing cash flows and profitability through financial statements, often fall short […]
SEBI Takes Action Against SME for Alleged Financial Manipulation
Sebi Takes Action Against SME for Alleged Financial Manipulation On Monday, the Securities and Exchange Board of India (Sebi) issued sanctions against 12 entities, including Add-Shop E-Retail, a listed company, and several members of its promoter-management team, for purportedly manipulating financial statements. According to the Sebi order, the company engaged in fictitious transactions, including fake […]
Extended Season of Down Rounds for Indian Startups
Extended Season of Down Rounds for Indian Startups The trend of down rounds in the startup ecosystem is persisting and expanding. Nearly 20% of the major venture capital deals in 2023 and up to April this year involved significant reductions in valuations. This marks the highest proportion since 2015, according to data from Pitchbook. Before […]