MINISTRY OF MSME
ETRise Top MSMEs Ranking: Last day to participate and be recognised as India's best small business
The nationwide search to find India’s best is open to any business if it qualifies as a Micro, Small, or Medium Enterprise, as specified by the Ministry of MSME, Government of India.
First coronavirus case confirmed in Germany: Bavarian health ministry
The first case of the deadly coronavirus that is wreaking havoc in Chin...
Govt Prepares to Airlift Indians from China
About 700 Indian students are believed to be studying in Wuhan and its surrounding areas, which a...
Budget may give Rs 500 cr each for two MSME funds
The distressed asset fund will also receive a guarantee from the Credit Guarantee Fund Trust for Micro and Small Enterprises, which was set up by the government and Sidbi a few years ago.
EEPC urges govt to comprehend possible impact of Coronavirus on engineering exports to China
Indian engineering exports to China increased by a significant 27.60 per cent to USD 1.77 billion during April-December 2019 -20, according to EEPC India analysis. "In fact, China has emerged as our 10th largest export destination for engineering goods, dominated by iron and steel as also industrial machinery,'' said EEPC chairman Mr Ravi Sehgal.
ETRise Top MSMEs Ranking: India’s most innovative companies. Are you one of them?
For the purpose of judging ‘innovation’ for the programme, we would be using much of the framework as outlined by OECD, along with certain changes in the criteria. Read on to find out more.
Air India jumbo plane ready for evacuation of Indians from Wuhan
Some 250 Indians are to be evacuated, a source said, adding, "we are awaiting clearances from Ministry of External Affairs and also from Health Ministry. The Health Ministry's nod is required because the operating crew has to fly in a virus outbreak territory."
Rural development ministry notifies defence ministry to acquire land in Tawang
Narendra Singh Tomar-led rural development ministry has notified ministry of defence the power to acquire 0.58 acres of land at Zero Point (Bumteng and Ungkhar village) in district Tawang in Arunachal Pradesh for strengthening defence operations.
SC notice on plea against Transgender Act
The petition, filed by Assam’s first transgender judge Swati Bidhan Baruah, through advocate-on-record Rashmi Nandkumar, alleged that the Transgender (Protection of Rights) Act, 2019 was also violative of the fundamental right of privacy of transgenders as well as their right to life, dignity and equality.
Adani Capital acquires Essel Finance’s MSME loan business
The business has a secured loan book of approximately Rs 145 crore comprising 1100 customers, a staff strength of 40 professionals and operates out of 10 cities in India.
I-T refunds of Rs 1.7 lakh cr to hurt FY20 direct tax mop-up
Refunds have increased largely due to ease of online return filing and pre-filled form facility along with Aadhaar one-time-password authentication. Combined with a 10% increase in personal tax collections, this makes for a notable increase in refunds. Gross collections stood at Rs 9 lakh crore this year against Rs 9.11 lakh crore in the same period last year.
ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs
Union Bank follows the mantra of ‘Adequate Credit at Appropriate Time’ for MSMEs. It has worked to enhance access and improve the service experience through dedicated branches, equipped with skilled manpower and technology support, and centralised credit underwriting to enhance quality and reduce turnaround time (TAT) significantly.
NTPC Board okays acquisition of govt stake in NEEPCO, THDC
The Board of Directors of NTPC Ltd, in its meeting held today has noted that the in-principle approval accorded by the Cabinet Committee on Economic Affairs (CCEA) in their meeting held on November 21, 2019, for strategic sale of entire equity stake held by the Government of India in NEEPCO and THDC to the NTPC Ltd, along with transfer of management control.
Coast Guard ship 'Annie Besant' arrives at Chennai port
The ship has been named in honour of theosophist and champion of women's rights during the freedom movement, Annie Besant. The ship was received with 'pomp' and 'splendour' on her arrival to her base port at Chennai by top officials of the Coast Guard. The 48.9 metre long ship is equipped with state-of-the-art navigational and communication equipment and sensors.
Novel coronavirus: Centre steps up vigil in areas bordering Nepal, reviews preparedness of states
Union Health Secretary Preeti Sudan chaired a video-conference meeting with chief secretaries and police chiefs of the five states bordering Nepal -- Uttarakhand, Uttar Pradesh, Bihar, West Bengal and Sikkim to review their preparedness for prevention and management of novel coronavirus. The Principal Secretary (Health) carried out a similar exercise.
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