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Decoding the attempt of a liquidity boost to MSEs

Recently, certain amendments were introduced through the Finance Act 2023 (FA 2023) to enhance financial liquidity for Micro and Small Enterprises (MSE) by indirectly compelling their customers to pay their dues on time. This amendment comes up like a double-edged sword, opine Aishwarya Jaju and Rushabh Bhandari.Read more

Taurus and Jindal Defence JV starts small Arms Pilot production

Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more

Odisha approves procurement policy to boost small manufacturing enterprises

This new policy aims to enhance the business activities of 'Odisha Small Manufacturing Enterprises' by favoring the procurement of their manufactured goods by State Government establishments.Read more

ONDC and Meta forge alliance to digitally upskill 500,000 small businesses

The Meta Small Business Academy provides entrepreneurs and marketers with a certification in digital marketing skills, specifically tailored to enhance their presence on Meta's applications.Read more

OERC sets tariffs and guidelines for Odisha's renewable energy projects

This tariff framework will be applicable over a three-year financial period, starting from the commencement of the fiscal year 2023-24 and concluding at the end of the fiscal year 2025-26 for all renewable power projects.Read more

GeM Portal Empowers Micro and Small Enterprises: Sales Set to Exceed $20 bn

GeM, the public procurement portal launched on August 9, 2016, facilitates online purchases of goods and services for all central government ministries and departments.Read more

CARACAL, ICOMM: Powering India?s small arms revolution

ICOMM's design, development, and manufacturing center in Hyderabad is one of the largest companies engaged in the production.Read more

Valeo, Qualcomm deepen tech collab to support small mobility in India

Valeo and Qualcomm Technologies, Inc announced the signature of a memorandum of understanding (MoU) to explore opportunities to work together.Read more

Automation, digitalisation and electrification must go hand in hand

….this is ABB’s vision, says Subrata Karmakar, President- Robotics and Discrete Automation, ABB India in this interview. The company follows a 5-step process of Enable, Integrate, Model, Analyse and Deliver leading to technology adoption, he added.Read more

India's SMEs: Navigating digitalisation and sustainability challenges

A study grounded in nationwide survey encompassing over 600 Small and Medium Enterprises (SMEs) across 14 cities sheds light on the evolving landscape of digital transformation and sustainability practices within these SMEs.Read more

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