Category: Medium Enterprise
-
Increased threshold of GST’s Composition scheme to benefit SMEs: Industry
New Delhi, (IANS) : Industry and other stakeholders on Sunday hailed the Goods and Services Tax (GST) Council’s move of bringing traders, manufacturers and restaurants below Rs 75 lakh turnover under the Composition Scheme, saying that it will boost small and medium enterprises in the country. “This is a big decision in favour of traders.…
-
Beef ban may push chicken consumption, price up to 30%: Assocham
New Delhi, (IANS) : It is not so good news for all chicken eaters! The chicken prices in many parts of the country have started soaring and are expected to go up by 25-30 per cent, and consumption may go up by 35-40 per cent, an analysis in the wake of beef ban by industry…
-
All-India strike by 8.50 lakh chemists successful: AIOCD
Mumbai, (IANS) : Around 8.50 lakh retail chemists, druggists and pharmacies on Tuesday went on a daylong strike all over India in support of their various demands, said All India Organisation of Chemists and Druggists (AIOCD) President Jagannath Shinde here. A total 8.50 million employees are directly involved in the retail pharmacy business, he said…
-
HP, KPMG introduce ‘GST Solution’ for traders, MSMEs
New Delhi, (IANS) : HP India, in collaboration with KPMG, on Monday launched a secure and affordable invoicing platform called “GST Solution” to help millions of traders and micro, small and medium enterprises (MSMEs) move seamlessly to the new GST regime. “GST Solution” has the capability to support users to file all their transactions as…
-
Indraprastha Gas Ltd. Q4 net up 23% on higher sales
New Delhi, (IANS) : The state-run Indraprastha Gas Ltd (IGL) supplying cooking gas and vehicle fuel to Delhi, Noida, Greater Noida and Ghaziabad has reported a 23 per cent rise in net profit for the fourth quarter ended March at Rs 133.5 crore, buoyed by better turnover and sales. The supplier of compressed natural gas…
-
Every Swedish company is looking at India: Minister
By Kushagra Dixit, New Delhi, (IANS) : Saying that there is hardly a Swedish firm that is not interested in India, a visiting minister said that, after the top companies, small and medium enterprises (SMEs) from that country are looking to tap the potential in the waste, energy and transportation markets in India. “There’s isn’t…
-
No minimum import price extension on 19 products: Steel Secretary
New Delhi, (IANS) : There would be no extension of the minimum import price on 19 products, Steel Secretary Aruna Sharma said on Monday. “Two months back, we had announced minimum import price (MIP) on 19 items. We intervened and 19 items were kept under minimum import price so that traders do not bring these…
-
Alibaba’s founder meets Trump, plans to help American small business
Washington, (IANS) : Jack Ma, founder and chairman of China’s e-commerce giant Alibaba, on Monday met with US President-elect Donald Trump and discussed plans to help US small businesses sell products to China through the company’s platform. “I think the president-elect is very smart, he is very open-minded to listen. I told him my ideas…
-
Google’s Pichai offers internet training for small Indian companies
New Delhi, (IANS) : Aiming to give a technological edge to the small and medium businesses (SMB) in India, Google CEO Sundar Pichai on Wednesday announced two initiatives. “Small businesses are the backbone of India’s economy. Internet is for everyone,” Pichai said while addressing the media here. He said Google, along with Federation of Indian…
-
Trade unions want new budget to create more jobs
New Delhi, (IANS) : The Union Budget for fiscal 2017-18 should create more jobs and employment opportunities, trade unions said in a representation to Union Finance Minister Arun Jaitley. “The budget should help in creating more jobs and employment opportunities. The minimum wages should be increased to Rs 18,000 per month, and same wages for…