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Maharashtra offers easy access to skilled manpower

Germany-based Leadec provides technical services to automotive and manufacturing companies to make their production better and more efficient. Sudhir Gurtoo, Managing Director, Leadec India Pvt Ltd, has been instrumental in setting up the company in India in 2009. In conversation with IPF, he explains advantages offered by Maharashtra to manufacturing industry and how companies can improve efficiency.Read more

Government's credit guarantee to reach Rs 500 billion under CGTMSE for FY19

With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 500 billion for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) schemeRead more

Pareteum awarded $ 5 million contract from India-based telecom company

Pareteum Corporation, the rapidly growing global cloud communications platform company, announced recently that it has been awarded a 3-year contract with an India-based telecommunications company.Read more

Infosys releases new capabilities for its AI-powered Enterprise Service Management Café

Infosys, a global leader in consulting, technology and next-generation services, has released new enhancements to its artificial intelligence (AI)-powered plug-and-play solution.Read more

New research highlights implementing an Industry 4.0 model could be achieved in a series of steps

A new research paper released by Siemens Financial Services (SFS) titled 'Practical Pathways to Industry 4.0' has identified six key challenges facing manufacturers in the process of moving to an Industry 4.0 model.Read more

Sterling and Wilson announces its foray into hybrid power plants and energy storage solutions

Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing and energy services with over $1 billion in revenue has announced its foray into hybrid power plants and energy storage solutions as part of its commitment to consistently expand its range of offerings to reflect the future of energy.Read more

Grundfos India launches ‘SmArt Serv’, a mobile app to enhance customer service

Grundfos India, one of the leading manufacturers of intelligent and energy efficient pumps, launched a mobile application called ‘SmArt Serv’. This service app provides an effective way of getting service support for any Grundfos product.Read more

Relief for MSME borrowers registered under Goods and Services Tax (GST)

Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. Read more

Four banks join Invoicemart TReDS platform to facilitate MSME suppliers

Four leading banks - Standard Chartered Bank, Allahabad Bank, Vijaya Bank and Yes Bank, have joined the digital invoice discounting platform Invoicemart - promoted by A. TREDS Ltd (a joint venture between Axis Bank Ltd and B2B e-commerce company Mjunction Services Ltd).Read more

World's first connected car cyber-security service from Trillium

Trillium Secure, Inc. has announced the April deployment of SecureIoT in Tokyo, Japan. This represents the world's first 24/7/365 connected car Cyber-Security as a Service (C-SaaS) platform. The project brings together strategic go-to-market partners including automotive manufacturers, electronic component suppliers, insurance providers and commercial fleet owners.Read more

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