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Ind-Ra: ECLGS extension to help mid and emerging corporates recover post Covid
The extension in the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one-third of mid and emerging corporates (MECs), according to India Ratings and Research (Ind-Ra).Read more
DPIIT recognises 19896 since April 2020
30 States and UTs have announced specific Startup Policies to support startups. Maharashtra, Karnataka, Delhi, Uttar Pradesh and Gujarat have the greatest number of startups. The sectors which had the maximum registered startups are such as food processing, product development, application development, IT consulting and business support services.Read more
Majority Of MSMEs in Pune to recover within next six months: Study
According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.Read more
IIT in Punjab indigenously develops AmbiTAG to record real time temperature
This indigenous development will help monitor critical transport of goods such as vaccines, organs, blood or even other perishable goods.Read more
Scientists develop cost-effective technology for recycling aluminium scraps
The technology is in 7th stage of Technology Readiness Level (TRL) and Dr C Bhagyanathan’s team has collaborated with several industrial partners in CoimbatoreRead more
ANDRITZ commissions new HERB recovery boiler at Kuantum Papers Limited
This is the first of six HERB recovery boilers currently being installed in India by ANDRITZ.Read more
Indian logistics sector has witnessed a significant sequential recovery: ICRA
Logistics companies have also managed to arrest extent of earnings contraction through adoption of cost control measures, freight rate hikes etc. The recovery has also been visible across other modes of transportation as well - rail freight traffic and port freight volumes have both reported growth, although the latter at a slower pace than other modes.Read more
Government mulls on making Scrap Recycling an organised sector
This framework is also seen to be prepared in the backdrop of the upcoming Vehicle Scrappage Policy for automobiles, which will ensure sufficient availability of domestic scrap in the countryRead more
Yokogawa to offer OpreX Batch Solution for batch plants
Yokogawa to offer OpreX Batch Solution for batch plants For use as a central element of OpreX Batch Solution, Yokogawa has also developed Integrated Recipe Manager (IRM), and will be releasing this product on the same date.Read more
PLI scheme for bulk drugs and medical devices receives 243 applications
Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more