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Aayudh Tools raises productivity using ANCA tool grinders
With the help of ANCA’s MX5 and TX7, the Aurangabad (Maharashtra) based Aayudh Tools has increased productivity by about 30% and is now looking to enter new and challenging sectors like aerospace.Read more
Relief for MSME borrowers registered under Goods and Services Tax (GST)
Presently, banks and NBFCs in India generally classify a loan account as Non-Performing Asset (NPA) based on 90 day and 120 day delinquency norms, respectively. Read more
Four banks join Invoicemart TReDS platform to facilitate MSME suppliers
Four leading banks - Standard Chartered Bank, Allahabad Bank, Vijaya Bank and Yes Bank, have joined the digital invoice discounting platform Invoicemart - promoted by A. TREDS Ltd (a joint venture between Axis Bank Ltd and B2B e-commerce company Mjunction Services Ltd).Read more
New MSME classification to create a level playing field: FICCI
FICCI has welcomed the Central Government's decision to change the criteria of classification of micro, small and medium enterprises (MSMEs) from ‘Investment in plant & machinery and equipment’ to ‘annual turnover’.Read more
Paisalo launches app for easy loan disbursal to MSMEs
With a vision of empowering the MSME segment and small businesses, Paisalo Digital Limited has launched its app with the same name to accelerate and facilitate 100% digital loan disbursal, creating unique customer experience.Read more
MHPS CEO opens new repair facility and plans to manufacture the world's most efficient gas turbine
MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today opened its new turbine rotor repair facility in Dammam, and announced plans to manufacture its most advanced gas turbines in the kingdom, as part of a phased investment strategy in the Kingdom.Read more
Hydraulics will run and run with proper servicing
Modern cars are fantastically reliable, but only if they are well serviced and maintained. Similarly, well designed and built hydraulic machines will run for many years, but only if servicing extends beyond the occasional fluid level check! Servicing can be reactive or proactive, but either way it needs to be of a high quality to ensure optimised performance.Read more
MHPS launches new integrated fuel cell and gas turbine hybrid power generation system
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has launched a new pressurized hybrid power generation system that integrates solid oxide fuel cell stacks (SOFC) with micro gas turbines (MGT).Read more
