Msme News Tollywood Star Mahesh Babu Invests in Nutraceutical Startup Fitday September 17, 2024 MSME Sampark 0 Tollywood icon Mahesh Babu, through his investment firm GMB Entertainment, has made a notable investment in Fitday, an Indian startup focused on nutraceuticals. This move is expected to accelerate Fitday’s expansion within the booming nutrition […]
Msme News New Trade Connect e-Platform for Exporters: Everything You Need to Know September 16, 2024 MSME Sampark 0 Described as the “ChatGPT for exporters” by the Commerce Ministry, the newly launched Trade Connect e-Platform is a groundbreaking digital initiative aimed at boosting India’s export targets. The platform is a critical part of India’s […]
Msme News Nirman Agri Genetics Sets Board Meeting to Consider Bonus Shares, Dividend, and Expansion Plan September 16, 2024 MSME Sampark 0 Nirman Agri Genetics, an SME stock listed on the NSE, has announced that its Board of Directors will convene on September 13, 2024, to deliberate key decisions, including the declaration of a dividend, the issuance […]
Msme News SBI to Shift to Cash-Flow Based Lending for MSME Loans Up to ₹5 Crore: Chairman Setty September 16, 2024 MSME Sampark 0 State Bank of India (SBI) is set to shift from collateral-based lending to cash-flow based lending for all Micro, Small, and Medium Enterprises (MSME) loans up to ₹5 crore, according to newly appointed chairman C.S. […]
Msme News Finance Ministry Directs PSBs to Pilot New Credit Assessment Model for MSMEs September 16, 2024 MSME Sampark 0 In line with its Union Budget 2024 announcement, the Finance Ministry has instructed Public Sector Banks (PSBs) to initiate pilot programmes for a new credit assessment model designed for Micro, Small, and Medium Enterprises (MSMEs). […]
Msme News India’s Dependence on Chinese Imports for MSME Goods Declining September 14, 2024 MSME Sampark 0 India’s reliance on imports of Micro, Small, and Medium Enterprises (MSME) goods, such as leather articles, toys, and musical instruments from China, has been steadily declining, signaling the country’s ongoing efforts to diversify import sources […]