MSME

MSME

Kerala Launches Social Media Promo On MSMEs

Opportunity India Desk Apr 20, 2022 - 1 min read

P Rajeeve, Minister for Industries, Law and Coir, Government of Kerala recently launched the first of five promotional videos for the on-going social media campaign to create 100,000 MSMEs in the state during the 2022-23 financial year. P Rajeeve said that the state government is working to set up exclusive shops that sell ‘Made in ...

Share
MSME

Fintech Breakthrough In Indian Banks And Financial Services

Opportunity India Desk Apr 05, 2022 - 5 min read

Co-author - Dr. Manoj Joshi What is Fintech? Fintech is defined as a small entity (start-up) or a company offering the online application-oriented products aligning the Banking, Financial Services and Insurance (BFSI) domains using the industry 4.0disruptive innovation technologies. The offerings by fintech relate to ...

Share
MSME

Axis Bank Gets Hold Of Citi India’s Retail Assets For $1.6 Billion

Opportunity India Desk Apr 01, 2022 - 6 min read

Axis Bank will shell out to Citi cash consideration of approximately $1.6 billion for the acquisition of the consumer business, subject matter to customary closing adjustments. The transaction comprises the sale of the consumer banking businesses of Citibank India, including credit cards, retail banking, and wealth management and consumer loans. It also takes account of ...

Share
MSME

PM Modi Hails World Bank’s USD 808 Million Funding To MSME

Opportunity India Desk Mar 31, 2022 - 2 min read

On 30 March 2022 the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the World Bank assisted Rs 6,062 crore funding programme for the small and medium businesses. PM Modi hailed the Cabinet decision to approve this programme and said the government is taking many steps to add new energy into the MSME sector ...

Share
MSME

Krishna Defence To Launch INR 11.89 Cr SME IPO

Opportunity India Desk Mar 24, 2022 - 3 min read

Krishna Defence and Allied Industries is launching its initial public offering IPO of 30,48,000 equity shares of the company with a face value of Rs 10 each in the price band of Rs 37-39 per share to raise Rs 11.89 crore from the primary offering. At the upper cap of price band, ...

Share
MSME

Will Metaverse Affect Small Business Of India?

Opportunity India Desk Feb 23, 2022 - 5 min read

What is Metaverse? The term Metaverse may be new to us but was a well known term at least for cyberpunk freaks from the 90s. It has its roots from a science fiction novel, Snow Crash, released 1992. Neal Stephenson, in Snow Crash, defined metaverse as a 3Dimensional virtual space made in a way that can ...

Share
MSME

NEDFi Opportunity Scheme, Catalysing Development In North East India For Small Business

Opportunity India Desk Feb 21, 2022 - 3 min read

What is the Scheme? North Eastern Development Finance Corporation Ltd. (NEDFi) Opportunity Scheme for Small Enterprises (NoSSE) is a scheme launched by the Ministry of Development of North Eastern Region. The scheme aims to assist small start-ups in conquering the financial problems of the north eastern region. Under this scheme, the North Eastern Development Finance ...

Share
MSME

How To Register A Small Business In India

Opportunity India Desk Feb 18, 2022 - 4 min read

Ever wondered how much a small street vendor makes in a month? Or what is the monthly income of the tailor who fits your clothes. Surprisingly, these small businesses are not that much smaller than they seem to be. As per the National Sample Survey (NSS) 73rd round conducted during the period 2015-16, Micro Small ...

Share
MSME

Censor Black Targets Creation Of 8 Million MSME Jobs Globally

Opportunity India Desk Feb 18, 2022 - 2 min read

Censor Black is Hyderabad based financial service company. The company envisions to channelize the under-utilised assets and funds towards manufacturing industries. The company claims this idea can solve the biggest issues of developing countries like India by focusing on industrial growth and increasing efficiency of Micro Small and Medium Enterprises. The immense social, economic, and ...

Share
MSME

One District One Product Bazaar Launched On Amazon To Enhance MSME Production

Opportunity India Desk Feb 16, 2022 - 2 min read

Narayan Rane, Minister of Micro, Small and Medium Enterprises of India recently said that Amazon has contributed to the growth of the Indian economy and is working to make India self-reliant. India ODOP Bazaar will provide customers access to regional pages and read more about the ODOP products from various districts across India and make ...

Share