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Nextchem and Paul Wurth join to develop innovative low-carbon solution
NextChem, a subsidiary of Maire Tecnimont Group, and Paul Wurth, a company of the SMS Group, announced their plan to jointly promote the combined use of electrolysis and syngas production in the iron and steel industry.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
Ind-Ra: ECLGS extension to help mid and emerging corporates recover post Covid
The extension in the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) will support the liquidity of around one-third of mid and emerging corporates (MECs), according to India Ratings and Research (Ind-Ra).Read more
Relaxations under ECLGS 1 will serve MSMEs well: FICCI
FICCI had requested that the quantum under ECLGS should be doubled to Rs 6 lakh croreRead more
IRIS Global helps Graphic Trades deliver Rs 15 Cr order of LG Pocket Projectors
The demand for these small projectors is bound to increase. Read more
Emergency Credit Line Guarantee Scheme extended upto June 30
With this extension government has launched new window ECLGS 3.0 for enterprises in hospitality, travel & tourism, leisure & sporting sectors.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
Energy savings by reducing pressure drop in compressed air systems
High pressure drop in the distribution system and the hoses, pipes, and joints can lead to a significant increase in energy consumption. In this article, Raajeshwar M K explains reasons for pressure drop and offers tips to reduce it and increase efficiency of the systems.Read more
FM announces Rs 2.65 trn stimulus under Aatmanirbhar Bharat 3.0 to boost growth
Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20%. Provides Rs 30 billion to boost project exports and Rs 102 billion additional budget stimulus for capital and industrial expenditure.Read more
Government extends Emergency Line Credit Guarantee till Nov 30
The extension is expected to provide an opportunity to the borrowers who are yet to avail this scheme, thereby gaining from this scheme.Read more
