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Brocade paves the way to 5G for mobile network operators

Brocade (NASDAQ: BRCD) today announced new offerings to help mobile operators re-architect their networks to support 5G services and deliver higher agility and performance at a fraction of the cost of traditional networks. These innovative New IP offerings uniquely position Brocade as a disrupter…

Kerala records growth in IEM proposals | ASSOCHAM

Kerala has emerged as the only State to record a positive growth in terms of receiving Industrial Entrepreneurs’ Memorandum (IEM) proposals during 2012-14, according to an Assocham study. The growth was about 315 per cent during the period compared to 2009-11, while the figure had seen a decline …

Ricoh India strengthens its public cloud services offering

Ricoh India Ltd., a market leader in Printing & Document solutions and IT services today announced the expansion of its existing data centre facility in Kolkata in order to strengthen its public cloud services offerings. Ricoh India had set up the data centre in Kolkata in 2013 which was a fl…

Micro and Small industries are not big bank loan defaulters | RBI

An analysis of RBI data showed that agriculture, Micro and Small industries are not the major defaulters in bank loans resulting in mounting non-performing assets (NPAs) of commercial banks especially public sector banks. Reserve Bank Deputy Governor S SMundra told a CII banking summit that the m…

The northeast’s Startup Star is on the rise

The  “venture fund”  set up by the Union Government to promote startups in India’s northeastern states has resulted overwhelming response making the region  vibrant with several small and medium enterprises keen to start operation there. Minister of State for Development of Northeastern Region (D…

CPSUs procure 20 per cent of products and services from MSEs

Central Public Sector Units (CPSUs) procure 20 per cent of products and services from Micro and Small Enterprises (MSEs) as per the 2012 audit. The statistics since then have been as follows: Procurement made by CPSUs from MSEs (Rs. in Crores) Year Total Procurement Procurement from MSEs (includi…