The Union Cabinet has announced the approval of provisioning of Rs 20,000 crore as subordinate debt to provide equity support to stressed MSMEs. Meghna Suryakumar, founder & CEO, Crediwatch, underscores how small businesses are set to benefit: New definition for MSMEs: As per the new regulation, the new categorisation of investment of Rs 1 crore
The fund-starved SME sector can benefit immensely if its financial and non-financial data points are assessed judiciously. The need for Artificial Intelligence and machine learning for assessing creditworthiness struck Meghna Suryakumar and Sandeep Anandampillai while they were providing legal and IT services to legal and management consultancy firms. Both had deep experience with technology in
Building materials retail is shifting from price to value, and retailers need to be a part of the customer’s journey, explains Vikas Marwah in this #ExcellenceinRetailinBPHI series. What should be the vision of retailers who wish to achieve excellence? Can excellence be pursued deliberately, or is it an in-borne attitude? This is an interesting question,
Khanindra Barman tells budding entrepreneurs that every brand story must have three crucial elements – brand purpose, brand vision and brand mission.
This digital and fully secure escrow payments platform can be easily set up online. When Ashwin Chawwla founded Escrowffrr in 2015, he had sown seeds for a revolution in the complex contingent-based payments systems, commonly known as escrow. With his new technology platform, which became operational in 2018, he aimed to do within a few
What leaders should do to ensure continuity during this unprecedented crisis? It is expected that post-lockdown, most of the companies in the wood panel and interior infrastructure domain will need to shift gears. Since this sort of a crisis is unprecedented, the need of the hour is survival and sustainable strategies. It is hard to
There’s a saying – there is no time like now. The current health scare and the resultant economic crisis is worse than anything else in human memory. This is going to have serious repercussions for all businesses in the short term, but will also lead to significant fundamental shifts in the long run. But, the
Compliance Calendar incorporating the due dates for filing relevant returns and other important activities from GST perspective for the month of February 2020, from NITYA Tax Associates.
Regional language content creation platforms targeted at women, like Momspresso.com, are turning out to be a goldmine for smart marketers. With over 330 million women in India expected to be on the Internet by 2021, engagement with customers in the vernacular is going to be the done-thing going forward. Co-founder Vishal Gupta analyses Momspresso.com’s user
Compliance Calendar incorporating the due dates for filing relevant returns and other important activities from GST perspective for the month of January 2020, from NITYA Tax Associates.
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