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Atmanibhar Bharat: Revolutionising manufacturing industry
India’s manufacturers have a golden opportunity to make the best of the increasing demand in India along with the multinationals’ aspiration to diversify their production in an effort to include low-cost plants in countries. This would grow the manufacturing sector significantly by 2025 and also create million domestic job opportunities, writes Shreegopal Kabra.Read more
Tamper proof meter seal ideal for security and revenue protection
It is high time to start using new generation meter security seals which provide higher security than the decades old meter seals. The new generation seals, according to Rajesh Kumar Banka, are more robust and tamper proof. In today's smart meter digital era, meter security seals must have DPM 2D barcode or QR coded serial number for correctly reading and verifying the meter seal's serial number and logo through smart phone or barcode scanner.Read more
Elektrocraft plans to launch more sustainable products
As Laboratory equipment play a major in various industries like pharma & chemical industries, food processing, healthcare, etc.Read more
Vayana Network appoints Aneish Kumar as Senior Business Advisor
Aneish Kumar will play a vital role in strengthening Vayana Network’s partnerships across financiers and accelerate access to trade finance for supply chains. He has 38 years of cross-functional expertise.Read more
Ola Electric raises $100 million debt from Bank of Baroda
The first phase of Ola Future factory is nearing completion shortly, following which production trials.Read more
MSME body CIMSME requests RBI to extend repayment period under ECLGS
CIMSME urged for extension of repayment under ECLGS 1.0 from three to five years after the moratorium period. It also requested the extension for all MSMEs without any restriction.Read more
World Bank approves $500 million RAMP Program for MSME sector in India
The $500 million Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program is the World Bank’s second intervention in this sector, the first being the $750 million MSME Emergency Response Program, approved in July 2020 Read more
ASSOCHAM: Extend NCLT moratorium till Dec 2021
After a year-long moratorium on taking the financially stressed companies for NCLT resolution under IBC, the normalcy was restored in the last week of March 2021.Read more
World Bank steps up during Covid 19 with financing approvals exceeding $100
The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman stated this during the 103rd Meeting of the Development Committee Plenary via video conferencing recently. Read more
HDFC Bank grows by 30 per cent on MSME lending
A major part of this success can be attributed to the MSME books and has been supporting this vital part of the economy during the pandemic.Read more