85% Small Business Owners Start With Personal Savings: Report

85% Small Business Owners Start With Personal Savings: Report

Guwahati: Some 85 per cent small business owners start off by utilising only personal savings, affecting the way decisions are made as well as how entities are run, according to a report. According to the report, prepared for financial management...
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Many Big Companies Live in Fear for Their Future in Digital Age: Survey

Many Big Companies Live in Fear for Their Future in Digital Age: Survey

Frankfurt: The top executives of many a corporate giant must feel like the fictional character Gulliver, waking up to find themselves under attack from modern-day Lilliputians, small start-up companies which overwhelm their established rivals with new technolo...
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Amazon to Offer Loans to Sellers in China, India, 6 Other Countries

Amazon to Offer Loans to Sellers in China, India, 6 Other Countries

Chicago: Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the...
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First Set of Differential Bank Licences by Month-End: Rajan

First Set of Differential Bank Licences by Month-End: Rajan

File Photo: RBI governor Dr Raghuram Rajan Mumbai: The Reserve Bank is all set to issue the first set of differential bank licences — small finance and payments banks — by the end of August, a move aimed at promoting...
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Government Fixes Rs 1.22 Lakh Crore Loan Disbursement Target Under MUDRA Scheme

Government Fixes Rs 1.22 Lakh Crore Loan Disbursement Target Under MUDRA Scheme

New Delhi: Banks will disburse loans worth about Rs 1.22 lakh crore to small business units under the Pradhan Mantri MUDRA scheme during the current fiscal year. The banking sector has been allocated an overall disbursement target of Rs 1,22,188...
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Tata Motors Jumps Over 4% on Buzz of New Car Launches

Tata Motors Jumps Over 4% on Buzz of New Car Launches

Tata Motors shares jumped over 4 per cent to hit intraday high of Rs 338.75 on reports that Tata Motors’ plans to start production of non-Nano cars from its Sanand plant in Gujarat. According to Business Standard, Tata Motors plans...
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