The market regulator Securities and Exchange Board of India (Sebi) today said that there is no need to have seperate exchange for small and medium enterprises (SMEs). After the board meeting, Sebi Chairman C B Bhave said, "It does not have to be separate exchange for SMEs."He further said, "Companies with less than Rs 25 crore to be classified as SMEs and should be 100 per cent underwritten."He also...
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The capital market regulator is expected to soon issue final guidelines for setting up a trading platform exclusively for SMEs.Small and medium enterprises (SMEs) may soon get stock exchanges for themselves. The issue, which has been under discussion for almost two years, is critical; SMEs are not able to raise capital through the market, since they cannot meet the listing and trading requirements...
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JOHOR BARU: Small and medium enterprises (SMEs) should work closely with machine manufacturers to boost their productivity and increase the quality of their products.Local Government, Housing, Arts, Culture and Heritage Committee chairman Datuk Ahmad Zahri Jamil said this could help fuel the growth of SMEs in the state.“We want a strong collaboration between the two parties to develop SMEs,” he added.He...
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Small and medium-sized enterprises (SMEs), which rarely get to look beyond quarterly survival and profits, are now beginning to seek the services of blue-blooded industrial design companies to raise the bar on their products and challenge bigger brands.Consider this. With big businesses putting everything on hold, including new product design, Vinay Rao, founder of Bangalore-based Bang Design has now...
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Market regulator Securities and Exchange Board of India (Sebi) today said separate bourses can be set up for trading in shares of small and medium enterprises (SMEs), while existing exchanges can also have a separate platform for SMEs....
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British Airways on Monday launched British Airways Business Opportunity Grants across India as part of its commitment to help India’s more than 13 million SMEs (small and medium enterprises) and to help stimulate local business. Fifty SMEs will be awarded grants giving them free travel for one year to help support their business and seek out new opportunities, says a release.©...
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The Small and Medium Entrepreneurs (SMEs) of Kanpur have placed a demand for setting up of Private Public Partnership (PPP)-based power plants in the region to solve the acute power crisis. The manufacturers have asked for providing some subsidy for setting up these plants from the government.The apex body of SMEs, Indian Industries Association (IIA) has sent these suggestions, along with other prominent...
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Market regulator Securities and Exchange Board of India (Sebi) today said separate bourses can be set up for trading in shares of small and medium enterprises (SMEs), while existing exchanges can also have a separate platform for SMEs.With a view to encourage small and medium firms to come out with public issues, market regulator Sebi yesterday allowed existing stock exchanges to set up a separate...
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The move by capital market regulator Sebi to ease stock listing and trading norms for small and medium enterprises (SME) can be but one step towards removing the panoply of constraints that they face on a daily basis. Finance, or the lack of it, at the right price and on time is, after all, a recurring problem. It makes sense to exempt SMEs from the eligibility criteria for initial public offerings...
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Tata AIG General Insurance Company plans to launch 12 products in four verticals next month, a top company official said. The company also plans to expand its branch network by opening 15 more branches by end of this fiscal, the official said. "We have always been pioneers in launching new products and next month we plan to come out with 12 different non-life insurance products," Tata AIG General Insurance's...
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