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Delhi is most optimistic where a whopping 87% of surveyed MSMEs anticipate a surge in consumer spending. Bangalore and Pune follow suit with impressive levels of confidence, it said. The report highlighted the top three factors for consideration while choosing a loan provider: quick disbursals, digitally enabled loan journey, and deal terms. ....
New Delhi [India], April 26 (ANI/Digpu): No matter how smart a Business Owner is, he still goofs up things, which becomes a roadblock preventing him from scaling his business. There are lot of mistakes that business owners make in their day to day activities due to a lack of systems. If you are a small or medium business owner, then you might have not realized you are committing these too. After training more than 3,500 Business owners from 15+ industries, Kewal Kishan, Business Automation Coach, has discovered the 10 biggest mistakes committed by most of them now let s find out if you are one of them making these blunders: ....
URL copied Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs The government has amended the insolvency law to provide for a pre-packaged resolution process for micro, small and medium enterprises. An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification. The latest move comes less than two weeks after the suspension of certain IBC provisions ended. The suspension wherein fresh insolvency proceedings were not allowed for a year starting from March 25, 2020 was implemented amid the coronavirus pandemic disrupting economic activities. As per the ordinance, it is considered necessary to urgently address the specific requirements of Micro, Small and Medium Enterprises (MSMEs) relating to the resolution of their insolvency, due to the unique nature of their businesses and simpler corporate structures. ....