MSMEs
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Opportunity India Desk Dec 01 2023 - 2 min readThe Finance Industry Development Council (FIDC), a non-banking lender body, has called upon the Central Board of Indirect Taxes and Customs to provide clarity on the exemption of goods and services tax for the excess rate of interest retained by non-banking financial companies in a co-lending model with banks. The FIDC, ...
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Dr. Ravindra Ojha Nov 29 2023 - 6 min readThe author had a few engaging interactions with a 25-year young successful Indian entrepreneur, CEO, and founder of a start-up FoodFund in London, Canada, a few days back. The start-up is working on fresh fruits and vegetable waste reduction. There are tons of odd-shaped, imperfect, differently-sized, and curvy-looking fruits and vegetables that are ...
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Opportunity India Desk Nov 28 2023 - 2 min readReliance Industries will invest an additional INR 20,000 crore in the West Bengal over the next three years, company’s Chairman and Managing Director Mukesh Ambani announced. Also, West Bengal Chief Minister Mamata Banerjee unveiled five new policies, focusing on logistics, internet cable landing station, green hydrogen, new and renewable energy manufacturing promotion, and ...
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Opportunity India Desk Nov 28 2023 - 3 min readThe National Stock Exchange (NSE) has inked a memorandum of understanding (MoU) with the Government of West Bengal to raise awareness among the state's MSMEs about fundraising opportunities through IPOs on the NSE Emerge SME platform. The MoU, formalized during the Bengal Global Business Summit, outlines collaborative efforts between NSE and the state ...
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Opportunity India Desk Nov 24 2023 - 3 min readThe Finance Industry Development Council (FIDC), representing non-banking financial companies (NBFCs), has urged the Reserve Bank of India (RBI) to reconsider the substantial hike in risk weights on bank loans to the NBFC sector. The council has also called for a review of risk weights on NBFCs, particularly those primarily engaged in lending ...