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MSMEs Minister Anbarasan urges banks and insurers to aid Cyclone-Hit SMEs

According to a statement released by the state government, the minister also instructed insurance companies to promptly settle claims filed by businesses for damages to their machinery, raw materials, and finished products.Read more

Adani Green Energy secures record $1.36 bn funding for world's largest RE park

This achievement represents the company's largest project financing to date under the Construction Financing Framework, augmenting the total funding pool to $3 billion since the initial project financing in March 2021.Read more

Delta banks on growth of 5G applications and energy solutions

With strong research capabilities, a sound future path to be followed and over 60 per cent market share in power solutions for the telecom sector, Delta India aspires to become the most prominent energy management company in the Indian telecom space, writes E Jayashree Kurup.Read more

ReNew Energises green hydrogen push: Chairman unveils ambitious plans

In addition to expanding renewable energy capacity, ReNew aims to become a prominent decarbonisation company, assisting corporations with products and services.Read more

IREDA, Bank of Maharashtra join forces to boost renewable energy financing

As part of this agreement, Bank of Maharashtra has the opportunity to invest in the Bonds issued by IREDA, adhering to the specified terms and conditions of the offering.Read more

Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project

Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more

Empire Cable banks on govt-backed infra projects for growth

The government’s continued push to boost investment in infrastructure projects is expected to increase demands for cables and wires in the coming years. Empire Cable is all set to tap this opportunity and also increase its overseas business. Read more

Elektrocraft plans to launch more sustainable products

As Laboratory equipment play a major in various industries like pharma & chemical industries, food processing, healthcare, etc.Read more

FICCI-IBA Bankers' Survey: Banks report a decline in NPAs in 2nd half of 2020

The survey findings also show that long term credit demand has been growing for sectors such as infrastructure, pharmaceuticals and food processing.Read more

Banks sanction loans worth Rs 1.25 cr to 25.74 lakh MSMEs till Sept

The latest numbers on ECLGS, as released by the ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs). Read more

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