February 04, 2016 | $20 billion of investment is anticipated from fiscal 2016-17 for harnessing the potential of solar and wind energy in India from leading financial agencies world over at a consistent volume and quantum for next three years to enable it add solar and wind capacities to an estim…
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German Firm TUV Rheinland signs MoU with FIEO
TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, a worldwide leader in Testing, Training, Inspection, Consulting &Certification, has today signed an MoU with Federation of Indian Export Organizations (FIEO). As per the terms of the MoU, TÜV Rheinland India will, on subsidize…
Commerce Minister Nirmala Sitharaman meets EPCs to address export concerns
Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry held a meeting on Februray 4 with the Chairpersons of major Export Promotion Councils to review the current trend of exports from India and to take stock of issues faced by the exporters. 11 Export Promotion Co…
NID to showcase design excellence in the Make in India week
City-based premier institute, National Institute of Design (NID), will attend the Make in India week to be held in Mumbai from February 13 to 18. With its vision to empower the country through design excellence, NID will also share futuristic ideas of its students in the summit, where award-winni…
Rs 175 crore Govt. grant for enhancement of global competitiveness of Capital Goods Sector
The Government has approved five projects and granted Rs 175 crore for enhancement of global competitiveness of Indian Capital Goods Sector. Under the first project 500 acres of land has been earmarked for Integrated Machine Tools Park in Tumkur in which space will be reserved for number of MSMEs…
Dena bank inaugurated the 4th India SME banking conclave
In India about 20% of SMEs close within 1 year of operation and about 50% wind up within 5 years due to various factors which are not conducive to SMEs. SMEs should approach Banks at the start of the distress and Banks should also proactively support the genuine SMEs in difficult situations. Spea…
Cloud play will spur MSME growth in Uttar Pradesh | CRISIL Study
Micro, Small and Medium Enterprises (MSMEs) in Uttar Pradesh stand to benefit immensely from cloud-based technology services being offered under a new initiative specifically for the sector. CRISIL believes the initiative from Microsoft will help these units manage their costs and functions more …
Telr’s flexible solutions to Start-ups, SMEs
International e-payment gateway Telr announced the launch of the first merchant self on-boarding solution in India that will enable fast and seamless integration without upfront costs. The launch aims to assist the country’s merchants in building robust online businesses through its rich, s…
Business Meet for SMEs in Kerela on February 4
The State Chief Minister Oommen Chandy will inaugurate ‘Kerala Business-to-Business Meet 2016’ for Small and Medium Enterprises (SMEs) at CIAL Trade Fair & Exhibition Centre at Nedumbassery on February 4. The meet, organised by the Department of Industries and Commerce, will bring together 20…
Capital Float’s Gaurav Hinduja on funding SMEs
Gaurav Hinduja, founder of SME-focused online lending platform Capital Float, says while a robust digital ecosystem is necessary for SME lending to pick up in the country, the problems that SMEs face in raising working capital can only be solved by digital and traditional banking channels working…