Crisil grants grade to K.P. Energy

CRISIL Research has assigned CRISIL SME fundamental grade ‘3/5’ (pronounced ‘SME three on five’) to K.P. Energy Ltd (KPEL). The grade indicates that the fundamentals of the company are ‘good’ relative to other SMEs in India. However, it is not an opinion on whether the issue price is appropriate …

CYANOGEN to expand in India, buy start-ups

Cyanogen, which has developed an open-source mobile operating system, plans to expand aggressively in India to tap the opportunities offered by the world’s fastest growing Smartphone market. The US-based company is also evaluating possibilities to invest in or acquire startups to strengthen…

Prione bets big on SMEs in Telangana

Prione, a joint venture between Catamaran Ventures and Amazon, on Tuesday said it had seen high demand for its services from Small and Medium Businesses (SMBs) in Telangana. The company, which enables SMBs to sell online, is betting big on the TS for growth. “Prione’s mission to make SMBs success…

Bengaluru start-up prints 3-D liver tissue

A Bengaluru-based biotech start-up, Pandorum Technologies, has become the first Indian firm to develop artificial living tissue, which performs the function of a human liver, and can lead to affordable, full-scale transplant able organs in few a years. These 3-D printed tissues, with reduced anim…

NSE’s SME platform gains momentum

This has by far been the best year for the SME platform, started by the country’s two premier bourses about three years ago, to enable small and medium enterprises (SMEs) to list. The National Stock Exchange of India’s (NSE) moribund SME platform finally gained traction this year, wit…