Empowering MSMEs with News & Insights

Latest News

HAL becomes first PSU to transact on TReDS platform to facilitate payments to MSME vendors

HAL becomes first PSU to transact on…

New Delhi, Aug 17 (KNN) Hindustan Aeronautics Limited(HAL), an Indian state-owned aerospace and defence company, has become the first PSU to transact on…

Chairman of J&K Bank meets Governor Vohra to apprise about bank’s overall performance

Chairman of J&K Bank meets Governor Vohra…

New Delhi, Aug 17 (KNN) Parvez Ahmed, Chairman of Jammu and Kashmir Bank met Governor NN Vohra and apprised him about the bank’s overall performance,…

Blue Lotus capital raises Rs 240 crore for PIPE funds

Blue Lotus capital raises Rs 240 crore…

New Delhi, Aug 17 (KNN) Blue Lotus Capital, an asset management company focusing on private investments in public enterprises (PIPE) strategy, has raised…

UP’s Gautam Budh Nagar to become raw material hub for readymade garment industry

UP’s Gautam Budh Nagar to become raw…

Noida, Aug 16 (KNN) In a step which would boost the local readymade garment (RMG) industry, Uttar Pradesh Government has plans to set up a raw materials…

Mandatory for Tamil Nadu fireworks factories to get workers medically examined by Certifying Surgeon within 15 days of employment

Mandatory for Tamil Nadu fireworks factories to…

Chennai, Aug 16 (KNN) It is now mandatory for fireworks factories in Tamil Nadu to get medical examination of every worker employed in the process of mixing,…

Walmart India activates UPI on B2B platform; payment solution to help small businesses, kirana shops

Walmart India activates UPI on B2B platform;…

New Delhi, Aug 16 (KNN) Walmart India, a wholly-owned subsidiary of Walmart Inc, on Thursday activated unified payments interface (UPI) for all its registered…

NALCO to triple its procurement from MSMEs: CMD Chand

NALCO to triple its procurement from MSMEs:…

New Delhi, Aug 16 (KNN) The National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, will enhance procurement from micro, small…

GST: Group of Ministers for MSMEs constituted; to submit report to GST Council within 2 months

GST: Group of Ministers for MSMEs constituted;…

New Delhi, Aug 16 (KNN) In line with the commitment made by Finance Minister Piyush Goyal during the 29th GST Council Meet, a Group of Minister (GoM) for…

Textile Ministry asks textile units & lending agencies to switch to digital signatures by Aug 30 for ATUFS

Textile Ministry asks textile units & lending…

New Delhi, Aug 16 (KNN) Revising Resolution on Amended Textile Upgradation Scheme (ATUFS), the Ministry of Textiles has asked textile units to use Digital…

MSMEs at much worse situation than power projects: Rajeev Kumar on Revised framework for stressed assets

MSMEs at much worse situation than power…

New Delhi, Aug 16 (KNN) The micro, small and medium enterprises (MSMEs) are at a much worse situation at this stage than the power projects and for a much…

Export Promotion Councils Should Work for the Promotion of GI Products:Suresh Prabhu

Export Promotion Councils Should Work for the…

New Delhi, Aug 16 (KNN) Union Minister of Commerce & Industry and Civil Aviation Suresh Prabhu, in a meeting with representatives of various Exports…

Negotiable Instruments (Amendment), Act, 2018 gets Presidents assent; Courts can order 20% interim relief in cheque bounce cases

Negotiable Instruments (Amendment), Act, 2018 gets Presidents…

New Delhi, Aug 15 (KNN) The Negotiable Instruments (Amendment), Act, 2018 has got assent from President Ram Nath Kovind after which under the cheque bouncing cases the Courts…

Make-in India would make many of the products competitive in India: Piyush Goyal

Make-in India would make many of the…

New Delhi, Aug 14 (KNN) Minister for Railways, Coal, Finance & Corporate Affairs, Piyush Goyal impressed on the American delegation that Make-in-India…

In-house services between inter-state offices treated as supplies and attract GST

In-house services between inter-state offices treated as…

New Delhi, Aug 14 (KNN) In-house services offered by head office of a company to its branch offices in multiple states will be treated as supply and attract…

NeoGrowth joins hands with Paisabazaar.com to provide POS based loans to SMEs

NeoGrowth joins hands with Paisabazaar.com to provide…

New Delhi, Aug 14 (KNN) NeoGrowth has partnered with Paisabazaar.com to provide swipe-machine-based or POS-based loans to small and medium scale enterprises.

PDD fails to release the payments of J&K MSMEs; unit holders facing working capital crunch: FOIJ

PDD fails to release the payments of…

New Delhi, Aug 14 (KNN) Expressing disappointment non release over pending payments of micro, small and medium enterprises (MSMEs) by Power Development…

10 countries sign MoU with business enterprises in Tamil Nadu at expo to promote bilateral trade

10 countries sign MoU with business enterprises…

New Delhi, Aug 14 (KNN) As many as 10 countries have signed a Memorandum of Understandings (MoUs) with trade bodies and business enterprises in Tamil Nadu…

20 MLD CETP approved for Jajmau, Kanpur, at estimated cost of Rs. 554 cr for treatment of effluent from tanneries

20 MLD CETP approved for Jajmau, Kanpur,…

New Delhi, Aug 14 (KNN) A 20 MLD Common Effluent Treatment Plant (CETP) has been approved for Jajmau in Uttar Pradesh at an estimated cost of Rs. 554 crore…

Rupee touches record low of 70.07 per dollar

Rupee touches record low of 70.07 per…

New Delhi, Aug 14 (KNN) The Indian rupee has today hit a record low of 70.07 a dollar.  Rupee has ended at an all-time closing low the day before. …

AP govt to organize free of cost training programs for SC & ST entrepreneurs

AP govt to organize free of cost…

New Delhi, Aug 14 (KNN) Andhra Pradesh Government has strengthened the process of training of SC and ST entrepreneurs under ‘Residential Entrepreneurship…