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Impact of Covid-19: SME Sector Must Develeop Strategies to Fight Back

Small and Medium Enterprises (SMEs) sector has come to be known as India's economic engine over the last few decades. The importance of this sector can be assessed through its ability to provide employment opportunities at low capital cost and industrializing the backward regions of the country. The Indian SME sector has been struggling, for over a decade, with its own set of challenges like the slowdown of the economy, high cost of capital, extremely low budget for research and innovation, lack of quality manpower, rising cost of raw materials and manpower, increasing marketing expenses and tough competition in almost every sector. But, no one could have imagined that the biggest challenge to be faced by the SME sector would be so unprecedented in the form of COVID-19. This tragedy has posed a common and the biggest problem in front of the entire nation as the world's largest democracy witnesses one of the longest lockdowns in its history.

Online Classes the New Normal in COVID-19: Survey

In traditional scenario, a class means teaching in brick and mortar environment. COVID-19 has compelled most of the countries to lock down their schools and as a result, teaching in traditional scenario was not possible. As problems create opportunities, lockdown provides opportunities to go beyond traditional classroom learning to digital or online learning. This study is a part of project of situation analysis for online learning of students.

Strategies for Revival of MSMEs Post Covid-19

In India, the development of Fintech in the last few years is very advanced and fintech will be used to enhance transaction-based lending using the data generated by the e-marketplace. Digitisation of transactions will help the lenders to assess the borrowing capacity of the borrowers and the amount of lending could be decided by the digital financial footprint by SMEs.

MSMEs and Recent Changes to the Insolvency Regime

The Insolvency & Bankruptcy Code, 2016 (the “IBC 2016”) does not recognize the special status of micro, small and medium enterprises (“MSME's”) in our economy. While MSME's remains a key focus area for the government in its quest to achieve a $5 trillion economy, the recent changes in the IBC 2016 can perhaps be further improved since MSME's are among the worst affected commercial enterprises due to nationwide lockdown.

From cold storage facilities to more hygienic rearing: Poultry Farmers Must Ensure Good Health of their Flock Post COVID19

The domestic poultry industry has lost an estimated Rs 1,750 crore over the past two months as the coronavirus outbreak leads to a slump in consumption and demand. It has forced many small scale poultry farmers to go out of business and even pushed some medium scale poultry farmers to the brink of bankruptcy. This downturn has been exacerbated by a flood of fake messages and misinformation on social media about chicken consumption's association with coronavirus.

MSME Must Capitalize Opportunities that Lie Beyond Pandemic

MSMEs are drivers of socio-economic development in India and key influencers in urbanizing rural India. There are 63 million MSME units spread across the length and breadth of the country providing employment to 120 million people —nearly 40% of India's workforce. Currently accounting for 30% of GDP and 40% of total exports, MSMEs are the engine that will power India to its GDP USD5 trillion ambition.

Let's Support and Celebrate our Nursing Heroes through the Pandemic and Beyond

The coronavirus pandemic has affected healthcare delivery at almost all levels. Although most of the changes are necessary, the new environment poses a threat to the welfare of healthcare professionals.

Hard Decisions, Creative Thinking Can Help Startups Survive: Esha Tiwary

Entrepreneur First (EF), a leading UK-based global talent investor, was founded in London in 2011 by Matt Clifford and Alice Bentinck. It helps the world's most ambitious individuals build globally important companies. EF's bespoke programme, the first of its kind in the world, invests time and money in outstanding individuals, helping them to find a co-founder, develop an idea and create a high-growth technology company from scratch. To date, EF has helped over 2,000 individuals build more than 300 companies, with a total valuation of over $2 billion. EF's companies have been funded by many of the leading venture investors in Europe, Asia and Silicon Valley.

COVID-19 - Indian Economy Suffers Supply - Demand Disruption

Surface of coronavirus in China in December 2019, and its spread in more than 200 countries in the subsequent period, led to severe global supply disruption. India is not spared from this global pandemic and consequent supply disruption. Many companies in automobiles, steel, pharmaceuticals, consumer durables and many other sectors are dependent on the supply of components and other intermediate goods from China. The other supply options for India are also closed due to spread of the virus throughout the globe, affecting the availability of goods and services to Indian consumers as well as the country's capability to export to other markets.

Readiness Strategies for the Post-Pandemic Era

Starting as a global health emergency and than morphing into an economic one, COVID-19 pandemic has emerged as a real menace and threat to the human society. Scientists and doctors all over the world are collaborating to create a vaccine for this highly contagious virus but even by the most generous estimates, it could take up to 12 to 18 months. Given the urgency of the situation, we cannot just wait and watch as the economy falls apart; we have to come up with ways that can help us operate under semi-normal conditions.

Opportunities for Product Management in FinTech Industry

One of the major misconceptions about Fintech is that it is slow pacing industry due to heavy regulations. However, the fastpaced nature of the market is what attracts numerous people to expand into diverse areas of the tech world. For Product Managers, this offers a chance to hone their skills in various areas, and makes Fintech an attractive career opportunity. To succeed in fintech industry, product manager requires a laser focus on particular subset of customers.

How Bacteriophages and Feed Additives Are Transforming Poultry Sector

The global poultry market was valued at US$ 267,332.3 million in 2018, and is expected to exhibit a CAGR of 3.0% over the forecast period 2019-2027, In terms of revenue. Rapid growth In consumer demand for livestock products In emerging economies such as China and India, owing to rising poultry meat and egg production and consumption is expected to fuel growth of the global poultry market. On the other hand, the Indian poultry market, consisting of broilers and eggs was worth INR 1,750 Billion In 2018. The market is further projected to reach INR 4,340 Billion by 2024, growing at a CAGR of 16.2% during 2019-2024.

Demand for Risk Management Services Growing in India

Collecting payment from businesses for services offered or products sold is an essential part of maintaining consistent cash flow important for the overall success of the company.

Servotec Develops UV Lamp to Kill Viruses

With 'Technology to the Masses' as his vision, Raman Bhatia set about his Journey in the 90s to 'bring a change In the world'. "Technology should not be a luxury and it must be available to a common man", says Bhatia. With this as his mission, he founded Servotech Power Systems 'with the idea of bringing in a reliable source of power backup in a country like India fitting power shortfall.'

Easing Liquidity for MSMEs to Tide Over the Crisis

Economists and business experts are debating whether India can afford to go for a long haul lockdown of the Industries, especially when the MSMEs are considered to be backbone of Indian economy and second largest employment provider. According to Barclays the estimated cost of Covid19 lock down is about $5.7 Billion per day for India which will work out around 228 Billion US $ for the first 40 days which will increase on an exponential manner eventually. The commercial Banks are saddled with huge sum of Money which rarely reaches the deserving MSMEs due to the mismatch factors like collateral and creditworthiness issues between the lender and borrower.

Bringing Kirana Store at Your Doorsteps

With large e-commerce businesses stumbling upon a hard bump as a result of lockdown, the entire burden of keeping citizens stocked up has come onto the reliable shoulders of the Kirana stores or neighbourhood grocers.

Time to Find Some Solutions - Negative prices of Crude Oil A Warning Bell

USA oil prices turned negative for the first time on record after oil producers ran out of space to store the oversupply of crude oil left by the coronavirus crisis, triggering a historic market collapse. Prices below zero are the market's way of telling producers to stop pumping but, producers have continued to pump. The price of oil from the USA shale lands has been declining steadily in recent days following the biggest slump in oil demand for 25 years steps due to restrictions on travel to curb the spread of Covid-19. The fall accelerated amid rising fears that the global economy may be facing its deepest downswing since the last big crisis.

10 Imperative Meeting to Boost Sales

No one wants to have more meetings than is necessary. Everyone wants to avoid meetings where there is no plan and no real outcome outside of checking the box that the meeting was held. In business, and especially in sales, meetings are necessary, some of them critical to success. As a sales leader here are 10 sales meetings vital to your success, the success of your team, success of your company.

Three Women Entreprenuers: Riding Male Bastions to Make their Mark

The globalisation has truly ushered us in the golden age throwing a sea of opportunities. With technology ruling the roost, we see an onset of revolution in entrepreneurship. With digitisation and startup boom, more and more women entrepreneurs are beginning to hold the centre-stage.

Positive Ageing: Its Relevance and Importance

A yet to be highlighted but increasing phenomenon – especially in urban India, is of couples and individuals in the age group of 50 and above looking at a future where they will either out of their free will or on account of circumstances have only themselves to count on as they prepare for the 'second innings' of their life.

VAHDAM TEAS & SUPERFOOD NAMED GLOBAL SMB OF THE YEAR

At the recent mega-summit Amazon Smbhav hosted in New Delhi, VAHDAM TEAS & SUPERFOODS was declared as the Winner of the Global SMB of the Year Award. BalaSarda, the man behind the award-winning premium Indian Tea & Superfoods brand Vahdam and a fourth generation Tea entrepreneur, received the prestigious award, from the Founder of Amazon- Jeff Bezos, who had arrived in New Delhi for the summit.

INDIA ENERGY FOR ALL SUMMIT 2020

Clean and Affordable Energy Key to Harmonious Growth

Safe Anti Bacterial Soultions for Poultry can Radically Reduce Need of Antibiotics

Between reducing the use of anitbiotics and dealing with rampant bacterial infections of poultry, there is need to create safe prevention solutions. Writes, Managing Director - Vetphage Pharmaceuticals Pvt. Ltd

How Apps are Contributing to Indian Economy

Technology is arguably the most significant driving force transforming the Indian economy. We're all aware that a decade from now, the market will have a very different format and will wear a different color. Automation will undoubtedly be one of the building blocks of whatever that format turns out to be. However, a precursor to this potential facelift is unequivocally visible in India's app economy that is growing exponentially to make a significant contribution. Let us look at the evolution of the app economy and how it is pushing the horizon of possibilities in the digital world.

Purpose, Passion, Culture. What you do is what you are

Revel in being discarded, or having your energies exhausted in vain; only those who have endured hardship will be of use. Samurai who never erred before will never have it takes.

Fostering Mental Wellnes for Improved Productivity at Workplace

A Healthy Mind in a Healthy Body” or “Health is Wealth” is a globally accepted axiomatic statement. If a person cares for his physical as well as mental health, it is the best remedy to beat the crisis in a highly volatile world of today. A healthy mind and a healthy body are equally important for any human being to do his tasks meaningfully. Every organization must care for the mental health of its workforce and make every effort to nurture it. For, it enhances the productivity of both workers and their organization; and, in turn, the society.

MSMEs Need to Invest in Quality Methodologies to Succeed and Stay Ahead: Quality Expert Sunil Thawani

Micro, Small and Medium Enterprises (MSMEs), truly defined as the pipelines to the large enterprises, are the spine of any economy. The sector is the largest employer of people bringing prosperity to millions around the world. As large corporations are creating a kind of vacuum due to downsizing/restructuring/outsourcing non core business processes and services, the MSMEs are rising to the occasion to fill the vacuum by providing goods and services to large corporations as well as society.

Digital Lending Harbingers of Lending Transformation

Lending is process of giving fund to an entity on credit based on contractual agreement with a condition to repay the amount as per specified schedule advised in the agreement. The process of lending begins with on boarding of customers, collection of information, assessment and sanction loan limit and disbursement. If the entire process of lending is routed through digital platform with the help of technology, it will be called digital lending.

It's our choices that show what we truly are, far from our abilities

Measuring what matters begins with the question: what is the most important for the next 3, 6, 9, 12, months. Successful organizations focus on the handful of initiatives that make a real difference, deferring less urgent ones. Their leaders commit to those choices, in word and deed. By standing firmly behind a few top-line OKR's, they give their teams a compass and base line for assessments. Wrong decisions can be corrected once results begin to roll in. Non–decisions or hastily abandoned ones teach us nothing.

Committed to Serve Humanity by Providing High-Quality Generic Medicines

Keeping in mind that 85.9% of rural households and 82% of urban households have no access to healthcare assurance in India due to poverty, Ms. Arushi Jain, Co-Founder, StayHappi, incepted the pharmacy with a firm belief to serve humanity by providing High-Quality Medicines at 'Real and Affordable' price. StayHappi Pharmacy is India's Biggest Retail Pharmacy Chain for Generic and Affordable Medicines.