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Easing norms for MSMEs in IBC to speedy up resolution: Rashesh Shah

According to FICCI President, while keeping errant promoters out of the bidding process for their companies is critical, it is also equally important to give a fair chance to the genuine promotersRead more

Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector

Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more

Manufacturers in Maharashtra bank on ABB to drive sustainable growth

From automotive giants to renewable energy entrepreneurs, ABB - a global technology leader in electrification products, robotics and motion, industrial automation and power grids - is helping Maharashtra reach the next level of growth while raising the sustainability performance of its local suppliers.Read more

Shielding your profit

Security Seals are not just a statutory need, explains Rajesh Kumar Banka, they are meant to protect the profit too.Read more

Security seals for electric meters

Safcon Seals Pvt Ltd, a Kolkata based ISO 9001:2015 certified security seal company, offers a wide range of innovative patented security seals for energy meters, meter boxes, meter terminal covers, CT-PT and transformers etc., to provide highest level of protection and prevention of meter tampering and power theft. Safcon is a professional manufacturer of tamper evident security seals in India and exports their quality products worldwide. Safcon is the first manufacturers of Polycarbonate securiRead more

YES Bank introduces an industry first GST backed OD facility for MSMEs through ‘YES GST’

YES Bank, India’s fourth largest private sector bank, announced the launch of ‘YES GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this first-of-its-kind, industry first initiative, an MSME can avail OD up to Rs 10 million, based on their annual turnover, backed by GST returns.Read more

Inefficient logistics impacting competitiveness of Indian products

Minister of State for Commerce & Industry, C R Chaudhary said that India is losing 14% of GDP due to inefficient logistics which impacts the competitiveness of Indian products.Read more

GCL Group and Softbank invest $ 930 million to establish a joint venture in India

The main content of the memorandum is that GCL Group and Softbank Investment have agreed to establish a joint venture company in Andhra Pradesh, India, either directly or through their respective affiliates or subsidiaries, of which Softbank Investment accounts for 60% and GCL Group 40%.Read more

5th EQUIPMENT INDIA Annual Awards

The Foundation of Infrastructure Research Studies Training (FIRST) recently hosted the 5th EQUIPMENT INDIA Annual Awards. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Co, was named the ‘Equipment India Person of the Year’ for 2017.Read more

Container handling equipment market worth 8.75 billion USD by 2025

The increasing containerised trade across the world, stringent emission regulations for container handling equipment, and strong demand in Asia Pacific and the Middle East would fuel the demand for container handling equipment.Read more

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