Lockdown Lessons: Business Contingency Measures Can Help Get Over the Crisis
The nationwide Tlockdown in the past two years has severely dented business and the economy, and micro, small & medium enterprises (MSMEs) were the worst hit. In April this year, the Confederation of All India Traders estimated that the daily business loss due to lockdown in Delhi is around INR 6 billion. At an all-India level, this translates into around INR 300 billion, considering full and partial lockdowns, night curfews and other forms of restrictions.
Proveda Working to make family of 1 million by 2025 with Turnover of 500 Cr
Started in 2019, Proveda India boasts of one of the most ethical and transparent direct-selling platforms under the parent company Proveda Herbals.
uTrade Solutions Enabling Faster, Safer and Inclusive FinTech Space
Kunal Nandwani Co-Founder & CEO, uTrade Solutions
Grow Communities and Focus on What They Say not What you Deliver
Next Level retail & Marketing
SMERA Aims to be the Most credible Voice for the MSME sector
SMERA Gradings and Rating is a subsidiary of Acuité Ratings & Research Limited and is dedicated to providing SME ratings & grading services to MSMEs. The company launched in 2005 as SME Rating Agency of India Limited, a joint initiative of Small Industries Development Bank of India (SIDBI), Dun & Bradstreet Information Services India Private Limited (D&B) and leading public and private sector banks in India. SMERA is possibly world's first SME-focused rating agency. Intending to facilitate easy access to finance for SMEs, SMERA focuses on promoting transparency and reducing information asymmetry.
SMEs Need to Adopt Technologies that Future-Proof them against Unanticipated Disruptions: Arun Meena
RHA Technologies is the brainchild of IIT Kanpur graduate, Arun Meena. The organisation for the first time in India enables the unique trust dependent outsourced tech co-founder offering for Start-ups and SMEs. In addition, the organisation also offers the traditional model of outsourced product development to MNCs and startups. It also provides an empathetic and synergistic technology consulting, digital transformation, and technology services and solutions to the founders of start-ups and SMEs worldwide. Thus, enabling the client organisations to realise and strengthen their innovation, differentiation, valuation and market offering.
Integrating Dental Health Services with Technology to Spread Awareness
My Dental Plan Healthcare is an IT-enabled healthcare company, Mproactively streamlining dental experience in India by bringing them at par with the dental services around the globe. The company has ushered in the era of IT-enabled healthcare in the dental space and is known to offer standardised, quality services in a completely hygienic environment at reasonable costs.
Tavaga : Making Use of Technology in Fintech Space
Tavaga provides an innovative technology interface for investors via a mobile application. It empowers retail investors by providing them with access to the same advice, processes, investment products, and technology as professional investment funds hired by HNI. Tavaga's mission is to assist the investors in saving more and achieving user-defined goals at a reasonable cost, i.e. democratizing advisory.
Role of MSMEs in Ecosystem Restoration
According to the Business and Sustainable Development Commission, sustainable business models could open economic opportunities worth $12 trillion and create 380 million jobs by 2030, with more than 50 per cent2 being located in developing countries.
In a Remote World, the Cloud Enables Business Continuity
In the first half of 2020, the global pandemic forced companies around the globe into a sudden and unexpected shift to remote work. Many companies immediately turned to cloud computing for continuity of service. Those that didn't are heading that way now because, while the current crisis will eventually subside, it has permanently changed the business landscape and how companies operate. For many businesses, a percentage of employees and roles will become permanently remote. Fortunately, for those that need to adapt, the cloud can ease this transition. From enabling large scale remote work to enhancing business operations and saving cost, cloud computing is now an essential business practice for companies around the world.
Mobile Payment Providers Need to Provide Dedicated Customer Support Centre for SMEs : Morgan Browne
Morgan Browne is passionate about helping SMEs succeed financially, and empowering them to achieve their full potential. In 2017, Morgan officially launched Enterpryze, the world's first mobile-first solution for SAP Business One. Morgan is a highly regarded member of SAP's Global Partner Executive Council and was a finalist in the EY (Entrepreneur of the Year Awards) in 2015. Milner Browne is a Deloitte best managed companies platinum member and a fast 50 finalist.
Efficient Vendor Management to Increase Your Company's Performance
India is now one of the fastest growing economies in the world. The recent interventions in industrial growth coupled with thriving government policy push, have helped Indian companies to enhance their innovations and offerings and ensure higher productivities. In this process, organisations collaborate with several partners to ensure efficient outcomes. This brings us to a key business aspect, i.e., vendor management, the process of shortlisting and finalising vendors for a particular task/project.
'TruckBhejo' aspires to create India's Largest, Fastest and Reliable Logistics Network
Nilesh Ghule is the Co-founder, CEO of Forza Logistics Techlabs Pvt Ltd, a technology-led logistics company, known as 'TruckBhejo'. The company is focused on connecting both supply and demand sides to deploy the most efficient logistics network. Catering to all 3 delivery miles - first, middle and last mile of logistics, With a fleet of over 3,000 active trucks and 40+ city network, the company has shipped over 2 million tonnages and fulfilled over 1 million deliveries. From being a son of a truck driver to a successful entrepreneur, Nilesh incorporated TruckBhejo with pure passion and sheer grit. Strategizing and charting out the plan to achieve results being his forte, Nilesh is focused on building scalable and sustainable business at TruckBhejo.
Transition To Online Marketplaces And Malls
Generally, consumer habits and trends follow an evolutionary curve. But the global pandemic changed all that with one fell swoop. Consumer behaviour flipped very rapidly and shoppers shifted from offline to online purchases in a matter of weeks. The Covid-19 pandemic became an inflection point as consumers suddenly experienced the safety and convenience of online shopping.
Zee Digital: Growing & Charting New Avenues
Zee Digital, a digital arm of Zee Group and one of the largest and one of the most successful digital media organizations in India has wired its presence across the globe.
Why should HR leaders rely on Intelligent Automation for Organizational Growth?
A study conducted over six continents, involving six hundred HR Information Technology (IT) and HR leaders by PWC revealed that process automation or intelligent automation (IA) is the key area of focus for 45 percent of the participants. Intelligent automation of human resources, according to expert technologists, has the ability to change the HR function by increasing performance, maximising competitiveness, and promoting creativity.
Embracing Habits for Success: Leader Mindset & Emotional Intelligence Ensures Continuous Success
A key aspect In growth Is the way we look at situations and challenges In our day-to-day lives. Are we operating from the victim mindset or the leader mindset? its Important to shift focus from Ithls personlettuatIon did this to me' to 'this has happened; what can we do about this?. The energy in the former Is of powerlessness while In the latter we acknowledge the problem and divert energy to possible actions in order to get desired results.
Grafdoer: We Bank on Innovation and Our Commitment to Quality
The Indian consumer's rapidly growing appetite for style and aesthetics In their homes, kitchens and outdoor spaces are evolving day by day, searching for a stylish and durable sanitary-ware product within a budget Is a big task In the Indian market. People face a paradoxical situation to either go for an expensive brand or to for a cheaper one but compromise on the quality.
Facing Covid-19 Head-on: Zoomcar Goes Extra Mile to Ensure Employee Safety
Over the past 1 year, the world has been ravaged by the COVID-19 pandemic that has left major economic disruption and loss of Life in Its wake. Even as the dust appeared to settle to an extent in late 2020 and early 2021, it was indeed the calm before the storm. India currently faces a catastrophic second wave that has led several states to reinforce lockdown measures amidst the nationwide ongoing vaccination drive for those above the age of 18.
AGRICULTURE SHINING BEACON OF HOPE FOR INDIAN ECONOMY AMID COVID-19 PANDEMIC
Contrary to what many have believed, COVID-19 has hit us back with a renewed vigour, infecting more people and testing the healthcare infrastructure more than ever before.
Digital Literacy can Accelerate Financial Inclusion in India
The COVID pandemic has made It evident that there is an urgent need to move beyond Just literacy to digital literacy. At the grassroots in particular, digital literacy can give a big thrust to progress In areas such as tele medicines, education and banking. Acknowledging the urgency and pushing the Digital India mission, the government has announced its plan to extend Internet services to six lakh villages in the next three years: With more than 70 percent of India's population residing in villages, digital inclusion is not an option but a necessity.
How can Cameras & Analytics Help in Making Highways Safer and Smarter
According to the latest report by the World Bank, India constitutes 11% of the global road accident deaths. The report titled 'Traffic Crash Injuries and Disabilities: The Burden on Indian Society', highlights that about 45 lakh road crashes occur per annum, in which 1.5 lakh people lose their lives. These figures indicate that India leads the world in terms of road aciddents. However, this loss of human lives has Its toll on the well-being of the nation and oar economy at large.
Indian Farmers Discover the Benefits of Digital Networking
The Digital Networking has been successfully implemented with the proactive and practical approach of the farmers, entrepreneurs and government authorities working together. Apart from creating a well-designed web portal, accessibility of technology and resourceful personnel should always be the criteria for the successful implementation of Digital Network which can help improve farmer livelihoods.
Indo Count Industries: Eyeing Global Market with Technology, Experience and Innovation as its Strengths
Established in 1988, Indo Count Industries Limited (ICIL) is one of the leading 'Made in India' players in the global Home Textile industry with an extensive product range. Indo Count exports to more than 54 countries across 5 continents and is set to widen its geographical footprint.
Checklist For Investing In Small Cap Mutual Funds
Over the past few years, the small cap funds have outperformed large cap funds by a significant margin, which makes them worth considering for investment.
How Al Is Transforming The Manufacturing Industry
Artificial Intelligence has transformed both our personal and professional lives. The adoption of Alia a critical feature of Industry 4.0 because of its potential. It has brought many opportunities and challenges to various sectors. Many Al-powered innovations have to been built to boost the economy dramatically through improved quality of life. In India, AI is a significant contributor to various economic fields, such as agriculture, manufacturing and services such as banking, which pushes GDP growth significantly. However, it is possible to optimise the gains end minimise bases by Implementing the requisite resources and regulations. While many countries have agreed on their Al policy, a strategy has not yet been drawn up in India.
Industries Positively Impacted by the Pandemic
The headline might make you wonder that the current Covid 19 pandemic can have a positive face as well. Doesn't it sound something quite surprising to imagine? This pandemic brought a crisis in various industries, declining the GDP growth from 6.1% in FY 2019-20 to 4.2% in FY2020-21 in the Indian economy. We cannot deny the fact that this pandemic has had a significantly negative impact on the economy in general, but there were a few industries that saw positive impacts as well. In this article, we will discuss the industries that had positive impacts.
MCMA Striving to claim its Rightful Place in packaging Sector
The Industry Metal TContainer Manufacturers Association (MCMA) represents SMEs and MSMEs engaged in the manufacturing of metal/, crown caps, varieties of closures, lug caps, stationery items, mosquito coil stand, etc. The Tin/metal container industry forms an integral part of the US $50 Billion Packaging Industry in India. Metal packaging caters to a wide range of food (including dairy products) beverages, pharmaceuticals, and non-food products paints, pesticides & chemicals, etc.
Harnessing Agriculture as Tool of Women Empowerment
If you are visiting a village during the sowing season, hunching women planting seedlings is one of the most common sights. But thinking of a farmer always brings to our mind the image of a man. Probably that is why we often fail to see the plight of the women working in the fields. Despite being one of the biggest contributors to the gross domestic product (GDP), agriculture is still an unorganized sector and women working in the sector are the biggest casualty. They bear the twin responsibility of performing well both in and off the field, much like any other women professional in India. But unlike her, women working in the fields never get their dues – the International Labour Organization (ILO) indicates that 41 per cent of the world's agricultural labor force, which rises to 49 per cent for low-income countries, and yet these women find a mention in discussion papers or strategy documents.
Entrepreneurship Crucial Driver for Creation of SMEs
'Entrepreneurship' has been considered as a crucial driver for the creation of SMEs leading to economic growth and development, driving employment and innovation, for developed as well as developing countries. This importance of entrepreneurship has abided deep pursuit towards understanding factors driving and shaping entrepreneurial activities.