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Nov 06, 2019

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SIDBI plans to set up Swavalamban Connect Kendras to promote the 'spirit of entrepreneurship'

Small Industries Development Bank of India (SIDBI) is set to come up with 100 Swavalamban Connect Kendras(SCK) in five states of the country to give a boost to...

New definition of MSMEs will be based on turnover

The new definition of Micro Small and Medium Enterprises (MSMEs) will be linked to turnover and do away with the current system of classifying units based on the...

Bank of Baroda ties-up with KapitalTech to provide loans to MSMEs

Public sector bank Bank of Baroda (BoB) has partnered with KapitalTech, a fintech lender, for providing loans to the Micro Small and Medium Enterprises (MSMEs) sector, under the...

Centre may retain export scheme MEIS till March 2020

Yarn, fabric exports may be included under MEIS, say officials Worried about falling exports, the Centre is considering the option of extending the popular Merchandise Export Incentive Scheme (MEIS)...

Rubber sector facing challenging times ahead

The outlook is not that much optimistic now for both rubber producing and consuming sectors according to Dr. Sawar Dhanania, Chairman, Rubber Board. He was delivering the presidential...

Centre suggests to run metro with rubber tyres in small cities to cut cost

Metro trains in smaller cities could run on rubber tyres. The Ministry of Housing and Urban Affairs is bringing a policy to run a metro with rubber tyres,...

Fiat Chrysler, Peugeot discussing $50B merger

Fiat Chrysler and the owners of French automaker Peugeot confirmed Wednesday that they are exploring a potential $50 billion merger that would create one of the largest automobile...

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