New Delhi [India], July 25 (ANI): A committee constituted by the Reserve Bank of India (RBI) has recommended that limit for collateral-free lending should be increased to Rs 20 lakh for micro, small and medium enterprises (MSMEs) and self-help groups (SHGs).
Mumbai (Maharashtra) [India], July 25 (ANI): Adani Ports and Special Economic Zone (APSEZ) Ltd has announced the expiration and results of its previously announced tender offer to purchase for cash its outstanding 650 million dollars 3.5 per cent senior notes due in 2020.
New Delhi [India], July 24 (ANI): Government has decided to set up two Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu which would cover Micro, Small and Medium Enterprises (MSME) needs, government said in the Lok Sabha on Wednesday.
Mumbai (Maharashtra) [India], July 15 (ANI): Rating agency Crisil has reaffirmed the highest rating A1+ to Piramal Capital and Housing Finance Ltd (PCHFL) for its commercial paper programme worth Rs 10,500 crore.
New Delhi [India], July 05 (ANI): Union Finance minister Nirmala Sitharaman on Friday announced that the government aims to set up Common Facility Centres (CFCs) to facilitate cluster-based development for making traditional industries more productive, profitable and capable for generating s
New Delhi [India], July 5 (ANI): Around Rs 350 crore has been allocated for FY 2019-20 for two per cent interest subvention for all Goods and Services Tax (GST) registered Micro, Small and Medium Enterprises (MSMEs), on fresh or incremental loans, Finance Minister Nirmala Sitharaman said on
New Delhi [India], July 05 (ANI): In a major impetus for the micro, small and medium enterprises (MSME) sector, Finance Minister Nirmala Sitharaman on Friday announced two per cent interest subvention for MSMEs under the Goods and Service Tax (GST) on fresh or incremental loans.
New Delhi (India), July 4 (ANI) Union Minister Nitin Gadkari said on Thursday that the Micro, Small and Medium Enterprises (MSMEs) sector would contribute 50 per cent to India's GDP in the next five years and would create five crore addition jobs in the sector.
New Delhi [India], July 2 (ANI): The government has approved the closure of 19 sick and loss-making Central Public Sector Enterprises (CPSEs) or units of CPSEs, the Lok Sabha was informed on Tuesday.
New Delhi [India], July 1 (ANI): The Department of Investment and Public Asset Management (DIPAM) is working on restructuring and asset monetisation of public sector enterprises for better management and competitiveness in the present world, Finance and Corporate Affairs Minister Nirmala Sit
New Delhi [India] July 01 (ANI/BusinessWire India): StackRoute, a digital transformation partner for corporates to build multi-skilled full stack developers at scale, has won the 'Digital Transformation Learning Partner of the Year for Enterprises' award at Digital Transformation Summit a
Faridabad (Haryana) [India], June 28 (ANI): Giving major relief to Micro, Small and Medium Enterprises (MSME) units of Industrial Area Faridabad, Chief Minister Manohar Lal on Friday made several announcements including regularisation of MSME units developed in more than 70 per cent geograph