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Decoding the attempt of a liquidity boost to MSEs
Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more
Taurus and Jindal Defence JV starts small Arms Pilot production
Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more
Government considers legal action against three firms for FAME subsidy recovery
The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more
India's exports may hit $ 450B in 2024 amidst Red Sea mishap, says Ashwani Kumar
The main drivers of merchandise export growth in February include engineering goods, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals, and petroleum productsRead more
Samvardhana Motherson subsidiary MSSL Mideast to buy Yachiyo India Manufacturing
As per the regulatory filing, this acquisition is part of a deal between Samvardhana Motherson and Honda Motor Co LimitedRead more
Government’s E-vehicle Policy and its impact on Indian markets
The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more
Ashok Leyland and Minus Zero join hands to revolutionise autonomous trucking
The initial focus of this collaboration will be on developing tailored autonomous trucking solutions for ports, factory operations and corporate campusesRead more
Ansys and IIT Hyderabad's iTIC Incubator partner to boost Deep-Tech growth
The parties have signed a memorandum of understanding (MOU) to support iTIC Incubator affiliated startup companiesRead more
Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more
Syngene's Biologics manufacturing facility in India operational from mid-year
The facility also includes two high-speed vial filling lines capable of producing up to one million vials per day ranging from one to 100ml fill volumesRead more