MSMEs need not use IBC to recover dues

MSMEs need not use IBC to recover dues

Taking the route the MSMED Act provides is faster, easier and can be enforced through decree One of the most talked of laws in recent years has been the introduction of the Insolvency and Bankruptcy Code, 2016, which has given stakeholders the power to take a...
Nitin Gadkari promises ‘concrete decision’ for timely payments to MSME

Nitin Gadkari promises ‘concrete decision’ for timely payments to MSME

Speaking at a convention of ‘Laghu Udyog Bharti’, an RSS-linked outfit which works in MSME sector, he also promised to rid the national capital of pollution in five years. Delayed payments is a major headache for Micro, Small and Medium Enterprises, Union...
Mohan Bhagwat bats for small and medium scale industries, financial freedom

Mohan Bhagwat bats for small and medium scale industries, financial freedom

“The first condition for attaining financial freedom for all is that every person should become self-sufficient. Those who are not self-sufficient do not have freedom,” he said. Small and medium scale industries can make people financial independent and...
NITI Aayog invites nominations for Women Transforming India Awards

NITI Aayog invites nominations for Women Transforming India Awards

NITI Aayog, the premier think tank of the Government of India, has launched the Fourth Edition of Women Transforming India (WTI) Awards, in collaboration with the United Nations in New Delhi today. UN Resident Coordinator in India, Ms. Renata Lok-Dessallien, opened...
Gadkari, MSMEs complain of poor disbursal under 59-minute loan scheme

Gadkari, MSMEs complain of poor disbursal under 59-minute loan scheme

NEW DELHI: Micro, small and medium enterprises (MSME) minister Nitin Gadkari and small businesses on Tuesday complained about the 59-minute loan scheme being slow in disbursing loan, while asking FM Nirmala Sitharaman to ensure that their dues from the government are...
Hedge funds make a comeback in India; bet on 25 start-ups this year

Hedge funds make a comeback in India; bet on 25 start-ups this year

Deal volumes similar to 2014, half of 2015, and thrice the deal volume in 2016 and 2018 Hedge funds, which led the start-up funding boom in 2015, are making a comeback, after taking a pause for a few years. And, it is not just Tiger Global, which has invested in 15...