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Uttar Pradesh CM Advocates For Flatted Factory Complexes To Boost MSME Sector

Lucknow, May 7 -- Uttar Pradesh Chief Minister Yogi Adityanath has advocated the construction of flatted factory complexes to boost the state's MSME sector, highlighting their efficiency in housing mu... Read More


Delhi High Court Upholds Rs. 6.56 Crore Arbitral Award Against Power Firm, Cites "Group of Companies" Doctrine And Enforceability of MSMED Act

New Delhi, May 7 -- The Delhi High Court has dismissed a challenge to an arbitral award directing a company and the owner of a thermal power plant in West Bengal to jointly and severally pay Rs 6.56 c... Read More


NCLAT Upholds NCLT's Decision to Exclude SEBI Penalty from Bankruptcy Proceedings

Hyderabad, May 7 -- The National Company Appellate Tribunal (NCLAT) has upheld the decision of the Adjudicating Authority (NCLT, Hyderabad), admitting a bankruptcy application filed under Section 122(... Read More


UK's BII Invests USD 100 Mn In Solar Energy Manufacturing Business

New Delhi, May 7 -- ReNew Energy Global Plc, headquartered in Gurgaon, has secured funding of USD 100 million from British International Investment (BII), the UK's development finance institution and ... Read More


Andhra Pradesh, Schneider Electric Sign MoU To Train 9,000 Youth In Industry-Relevant Skills

Amaravati, May 6 -- The Andhra Pradesh government has signed a memorandum of understanding (MoU) with Schneider Electric India Foundation to enhance industry-relevant skills among the state's youth. ... Read More


SBI Capital Report Calls For Policy Reforms To Unlock Private Investment In Nuclear Sector

New Delhi, May 6 -- India's ambitious plan to achieve 100 GW of nuclear power capacity by 2047 has attracted substantial interest from the private sector. However, according to a recent SBI Capital M... Read More


India's First Northeast Geothermal Production Well Drilled In Arunachal Pradesh

Itanagar, May 6 -- The Centre for Earth Sciences and Himalayan Studies (CESHS) has successfully drilled Northeast India's first geothermal production well in Dirang, West Kameng district of Arunachal ... Read More


Non-Operational MSMEs Ineligible For NPA Relief: Karnataka HC

Bengaluru, May 6 -- The High Court of Karnataka has ruled that benefits of loan restructuring or revival schemes for non-performing assets (NPAs) are legally available only to functioning micro, small... Read More


India Proposes Zero Tariffs On Steel, Auto Parts & Pharma In U.S. Trade Talks

New Delhi, May 6 -- India has put forward a proposal for zero tariffs on steel, auto components, and pharmaceuticals during recent trade negotiations with the United States, according to sources famil... Read More


MSMEs Present Rs 28 Lakh Crore Lending Opportunity Despite Slowing Credit Growth: Report

New Delhi, May 6 -- India's Micro, Small and Medium Enterprises (MSME) sector offers a significant lending opportunity with a credit gap of approximately Rs 28 lakh crore, according to a recent report... Read More