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I have observed that most Small and Medium Enterprises (SMEs) waste their time thinking about what they did last week, month or year when they should instead be thinking about what they need to do tomorrow.

India's National Small Industries Corporation (NSIC) and Local Enterprise Authority (LEA), a statutory authority of the government of Botswana, both of which support micro, small & medium enterprises (MSMEs) in the corresponding countries, signed an agreement of mutual cooperation for the development MSME sectors in the two countries.

Tamilnad Mercantile Bank Limited IPO. Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. TMB has a strong portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. As of March 31, 2022, the bank has a strong branch network of 509 branches and a total customer base of 5.08 million. TMB has a significant market presence in the state of Tamil Nadu with 369 branches, and is also present in 15 other states and 4 union territories of India. Tamilnad Mercantile Bank Limited IPO Details IPO Size INR 65.58 CR IPO Opening Date 05, Sep 2022 IPO Closing Date 07, Sep 2022 Allotment Date 12, Sep 2022 IPO Listing Date 15, Sep 2022 Price Band ₹500 to ₹525 per share Minimum 28 Shares Maximum 364 Shares Click on the link to open your Demat account and start trading

Tamilnad Mercantile Bank Limited IPO. Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. TMB has a strong portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. As of March 31, 2022, the bank has a strong branch network of 509 branches and a total customer base of 5.08 million. TMB has a significant market presence in the state of Tamil Nadu with 369 branches, and is also present in 15 other states and 4 union territories of India. Tamilnad Mercantile Bank Limited IPO Details IPO Size INR 65.58 CR IPO Opening Date 05, Sep 2022 IPO Closing Date 07, Sep 2022 Allotment Date 12, Sep 2022 IPO Listing Date 15, Sep 2022

While asking state governments and associations to work collectively for the development of the MSME sector, Minister of State (Independent Charge) for Micro, Small & Medium Enterprises, Dinsha Patel during his address to the 7th Meeting of the National Board for MSME (NBMSME) in the capital said that the government cannot succeed without the support and cooperation of state governments and associations.

Botswana's Vice President Mompati Merafhe, who is on a four-day visit to India in a bid to promote Indian investment in the country, Friday opened an export and investment office in Mumbai, just a day after signing an agreement with India in the field of micro, small and medium enterprises (MSMEs).

Exports of coir and coir products from the country touched Rs 804 crore during 2009-10, 15 percent more than the Rs 700-crore target for the fiscal set by the Union Ministry of Micro, Small and Medium Enterprises.

Prime Minister Manmohan Singh Tuesday said that the government is committed to supporting the micro, small and medium enterprise (MSME) sector, adding that it is considering a social security fund for the unorganised sector workers in the country.

The Indian industry feels that the government should continue the stimulus packages offered to it, at least for the micro, small and medium enterprise (MSME) sector in the country, reveal the findings of a survey conducted by an industry body among a group of CEOs.

Keeping in view the impact of global economic slowdown on micro, small and medium enterprises (MSMEs) the Government has taken several measures to protect them, said Minister of State (Independent Charge) for MSMEs, Dinsha Patel in a written reply to a question in the Lok Sabha on Tuesday.

The end-user industries of natural rubber, which mainly comprise micro, small and medium enterprises (MSMEs), urged the government for duty-free import of two lakh tonnes of rubber through a government agency, besides a ban on futures trading in rubber.

The government is planning to allot a huge fund to the micro, small and medium enterprise (MSME) sector for technology acquisition, said Secretary, Ministry of MSME, Dinesh Rai on Wednesday.

The PMO-backed plan for compulsory government procurement from micro, small and medium enterprises (MSMEs) hit a road-block with three ministries opposing the move, a top level source told a news agency.

While SMEs are slowly waking up to the fact that adoption of IT tools in their operations can make them more competitive, the penetration of IT in SMEs is much below its potential. In many cases it is seen that buyers are required to automate order entries and their status and companies that are unable to provide this information have a significant disadvantage.

The PMO-appointed Task Force on Saturday recommended an equity infusion of Rs 300 crore into the National Small Industries Corporation (NSIC) for strengthening its marketing activities.

The need for a dedicated stock exchange for the SMEs was emphasised at a day-long seminar in Kolkata recently.

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While MSME association-based members would be putting up seven or eight stalls in Techno4 2010, of the total exhibitors, about 60 percent would be MSMEs.

The Ministry of MSME, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), is likely to set up an IPR (Intellectual Property Rights) monitoring cell to help SMEs in the area, a FICCI official said on Monday.

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Commerce and Industry Minister Anand Sharma invited the Finnish small industries to to join hands with Indian MSMEs, citing that collaboration in many areas has vast potential for both sides.