Newsbyts

How supply chain financing can resolve capital issues for MSMEs

How supply chain financing can resolve capital issues for MSMEs

Micro, Small, and Medium Enterprises (MSMEs) employ approximately 111 million people and account for about 30% of India's GDP. These businesses are known as the backbone of the Indian economy. According to World Bank data, MSMEs are the largest employers in developing countries despite having the least financial and regulatory support. Their ability to survive and thrive is dependent on their ability to obtain sufficient funding. However, banks limit their exposure to MSMEs due to the high cost of service and the risk of lending without adequate…
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SGAnalytics expands its global reach with its new London office

SGAnalytics expands its global reach with its new London office

New Delhi: SG Analytics, a Global Insights & Analytics firm, opened its new office in Berkeley Square Park, London, as part of its global growth strategy and scale-up efforts.Set in the heart of London’s business activities, SG Analytics' new office in Berkley House will assist with the company’s growth in 2022 and beyond. The new office at Berkley Square House provides more space to meet with clients and partners, expands the company's presence in the heart of London, and enhances collaboration opportunities serving the diverse needs of…
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New intercontinental flight strengthens trade between businesses in India, Asia, Europe and the rest of the world

New intercontinental flight strengthens trade between businesses in India, Asia, Europe and the rest of the world

UPS doubling flight rotations and airport gateway capacity for India New intercontinental flight strengthens trade between businesses in India, Asia, Europe and the rest of the world National: UPS(NYSE:UPS) today announced an expansion of its global smart logistics network with a new airport gateway facility in India at Kempegowda International Airport, Bengaluru (BLR). With this added capacity, a new Boeing 747-8 flight will now be able to further connect our customers in India with more international trade opportunities in Asia, Europe and the Americas. “Customers are at the core…
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Hyderabad based EV start-up EVeium launches three electric scooters – COSMO, COMET and CZAR

Hyderabad based EV start-up EVeium launches three electric scooters – COSMO, COMET and CZAR

-        Scooter Price Range between 1.44 Lakh – 2.16 Lakh Approx -        Booking Starts with Just INR 999 , from August 8 2022 at EVeium showrooms in Pune,Hyderabad, Banglore and Calicut.(Ex Showroom) Hyderabad: EVeium, a new EV two-wheeler Brand in India has announced the launch of three new electric scooters- COSMO, COMET, CZAR. All the e-scooters have been launched under the high-speed category. Ellysium Automotives, the Auto arm of United Arab Emirates-based company META4 Group, recently announced the launch of its EV two-wheeler brand in India – EVeium. The scooter price ranges between…
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Exclusive: Rupee’s Record Plunge Fuels Fear Among Study-Abroad Aspirants in India

Exclusive: Rupee’s Record Plunge Fuels Fear Among Study-Abroad Aspirants in India

The rupee fell to an all-time low of 80.05 against the dollar on Tuesday, fueling fears among study-abroad aspirants in India who are poised to spend substantially more money to realize their dreams than they originally planned to. The rupee’s record plunge against the US dollar was primarily due to the continued strength of the American dollar, the elevated global crude oil prices, and the continuous outflow of foreign funds from the local market as foreign investors go from Indian stocks and other assets into dollar-denominated assets.…
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