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Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr

Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more

KCCI urges fair treatment for MSMEs in NCLT resolutions

In a letter addressed to Union Finance Minister Nirmala Sitharaman on October 7, Chamber President Ananthesh V Prabhu expressed concerns about the bleak prospects for MSMEs in recovering their dues after engaging in business with LLCs that end up before tRead more

CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding

The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more

India's private capex faces challenges amidst optimism

India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more

India, guiding the world’s way to green transition

Since history, development upfront has always been backed by the environment and today it is a yearning need to back and support the environment by vast development. Aligning with the green transition aim of the world leaders, Ayushi Khandelwal explores how renewable energies are helping power sector to construct a green globe.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

Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption

MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more

SIDBI aims for 25% MSME lending share, plans equity boost and green fund

Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more

DBS Bank India targets $1 bn SME loan portfolio by 2025

DBS India's SME portfolio stands at around Rs 5,000 crore, exhibiting a robust Compound Annual Growth Rate (CAGR) of 40% over the past three years.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

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