February 8, 2025 – SMEConnect Portal and Magazine

MoMSME Launches TEAM Initiative to Boost Digital Presence of MSMEs in India

February 8, 2025SMEConnect-DeskLeave a Comment

The Ministry of Micro, Small, and Medium Enterprises (MoMSME) has launched the MSME Trade Enablement and Marketing (TEAM) Initiative, a groundbreaking effort aimed at enhancing the digital presence of small businesses across India. With a budget of ₹277.35 crores allocated over three years, the initiative seeks to onboard 5 lakhs micro and small enterprises, with a special focus on women-led businesses. This initiative is […]

9 Challenges New Entrepreneurs Face in The First Two Years of Business

February 8, 2025February 13, 2025SMEConnect-DeskLeave a Comment

Running a business, like waging a war, goes exactly as planned right until the moment you start. The main thing to remember is that small business owners will face numerous unexpected challenges in their first two years of operation, testing their resilience, adaptability and determination. The challenges will continue, of course, but by then reacting […]

Corporate Debtor Cannot Be Prosecuted After Successful IBC Resolution for Offences Committed Prior To Commencement Of CIRP: Delhi HC

February 8, 2025February 13, 2025SMEConnect-DeskLeave a Comment

The Delhi High Court has ruled that a Corporate Debtor that has undergone a successful resolution process under Section 31 of the Insolvency and Bankruptcy Code, 2016 (IBC), cannot be prosecuted for offences committed prior to the commencement of the Corporate Insolvency Resolution Process (CIRP). The Single Bench of Justice Manmeet Pritam Singh Arora made […]

New Banking System: Web address of all banks will change from April, know what is this bank.in domain

February 8, 2025February 13, 2025SMEConnect-DeskLeave a Comment

New Banking System: The Reserve Bank of India (RBI) on Friday decided to launch a dedicated Internet domain ‘bank.in’ for Indian banks and ‘fin.in’ for non-bank financial institutions to curb cyber security threats. RBI announce new Bank Domain: RBI Governor, Sanjay Malhotra has announced the launch of a special ‘bank.in’ Internet domain for Indian banks to […]