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Category: Business

Tips for Owning a Small Business

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If you are planning to start up a small business then you need to understand that it is a lot more difficult than it looks, just ask your local Chamber Of Commerce Membership Colorado Springs. Small businesses are generally considered to be less risky, but that is not always true. In fact, small businesses are some of the most strenuous things you can ever do in your life. If you’re the owner of a small business then there are just a few simple tips you should know before you get…

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Google considering taking stake in Vodafone Idea: Report

Loknath Das, , , , , ,

Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported. Global internet giant Google is looking to buy up to 5 per cent stake in debt-laden Vodafone Idea, the Financial Times reported Thursday. Google’s parent company Alphabet Inc is also looking to buy some stake in Vodafone Idea’s rival Reliance Jio Infocomm, the newspaper reported, without providing details. The report comes almost a month after social media giant Facebook picked up 9.9 per cent stake for Rs 43,574…

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PSU banks loan report: Govt banks lent this much for business, farming during coronavirus months

Loknath Das, , , , , , , , , , , ,

Under the scheme, the banks provide an additional line of credit of 10 per cent of the existing fund based on working capital limits, subject to a maximum of Rs 200 crore. State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between March 1 and May 15 when businesses were reeling under the impact of COVID-19 crisis. Loans sanctioned at the end of May 8 stood at Rs 5.95 lakh crore.  “Loans worth over Rs 6.45 lakh crore were sanctioned…

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Risk-wary banks may stall small business rescue

Loknath Das, , , , ,

Banks wary of bad loans could derail the government’s mega rescue package for small enterprises, industry officials said, since much of the promised money is to be given out as loans. Finance minister Nirmala Sitharaman on Wednesday announced ₹3 trillion collateral-free loans and partially guaranteed ₹20,000 crore of subordinated debt for cash-starved micro, small and medium enterprises (MSMEs). However, the whole plan hinges exclusively on greater lending by banks, which have so far preferred paltry interest from the central bank to greater returns from riskier loans. Experts said private banks…

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Pete Buttigieg sees surge in support from business execs after his strong showing in Iowa

Loknath Das, , , , , , , , , , , ,

Democratic presidential contender Pete Buttigieg is seeing increased support from business leaders as he jumps in the polls following a successful showing in the Iowa caucuses. Dozens of executives who have largely remained on the sidelines during the 2020 election cycle have shown increased interest in Buttigieg’s presidential campaign over the past week, according to people with direct knowledge of the matter who declined to be named because these conversations were deemed private. The increased interest in Buttigieg comes as he tries to position himself as the best option among…

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There Are Black Friday Type Deals On Small Business Saturday: $17.8 Billion Spent In 2018

Loknath Das, , , , , , , , , , , , ,

In the midst of Black Friday and Cyber Monday planning and shopping, there are two additional “shopping” days you may want to know about. Small Business Saturday and Giving Tuesday. Each one came about, partly as a counter-movement to the big box retailer pushes to get people to spend. Note: I explore where to find Saturday specials here and “GivingTuesday” in a separate post that I will publish this weekend. NEW YORK, NEW YORK – NOVEMBER 25: Lin-Manuel Miranda lights the Empire State Building blue in … [+] GETTY IMAGES If…

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