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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
Hosur facility manufacturing Perkins® 2000 series engines
Since the beginning of 2018, the Hosur, India facility is now a manufacturing base for Perkins® 2000 Series engines. The Perkins team is now producing the 500 kVA 2506D and the 625 kVA 2806D in Hosur.Read more
Axalta inaugurates new coating manufacturing facility in Savli doubling its India capacity
Axalta, a leading global supplier of liquid and powder coatings, recently inaugurated its new coating manufacturing plant at Savli, Vadodara in Gujarat, India.Read more
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Shishir Joshipura joins Praj Industries as CEO and MD
Praj Industries, a global process solutions company has appointed Shishir Joshipura as the CEO and Managing Director, with effect from 2nd April 2018.Read more
RSDC gets thumbs up from the government
In a review meeting of Sector Skills Councils, Union Minister for Skill Development & Entrepreneurship (MSDE) Dharmendra Pradhan appreciated the role being played by Rubber Skill Development Council (RSDC) in up skilling the rubber sector in the country.Read more
Storage and Warehouses to observe investment of approx Rs 450 billion by 2020
In a report released by JLL, India's largest real estate services firm, it is estimated that close to Rs 450 billion will be invested in creating storage facilities across India from 2018 - 2020.Read more
Standards Roundtable by QCI and UL conducted to accelerate industrial ecosystem for 'Brand India'
The Quality Council of India and UL, an independent, global safety science company recently concluded the third edition of the Standards Roundtable, a unique event that brings together government agencies and industry associations to further the quality ecosystem in the country through standardisation.Read more
LONGi Solar to set up 1GW mono cell and 1GW mono module manufacturing facility in India
Chinese solar products manufacturer LONGi Green Energy Technology Co., Ltd, along with its wholly-owned subsidiary LONGi SolarRead more
KARAM ensures safety of workers by launching two new range of products
In an endeavor to raise awareness amongst people about safety, KARAM, the personal protective equipment manufacturer, has added two more ranges of safety productsRead more
AkzoNobel India inaugurates powder coatings facility in Mumbai
The company reinforces its commitment to India with an investment of INR 650 million thereby strengthening its market position.Read more