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Broadband Equipment Manufacturer GX Group Plans New Indian Factory

New Delhi, June 4 -- GX Group, a leading manufacturer of fibre-to-the-home (FTTH) connectivity products, announced today its intention to establish a new manufacturing facility in India with a planned... Read More


Shriram Finance Raises USD 425M & Euro 40M To Empower Small Entrepreneurs in India

New Delhi, June 4 -- Shriram Finance Ltd., the flagship firm of the Shriram Group, has raised USD 425 million and Euro 40 million through a syndicated term loan transaction, the largest such deal for ... Read More


Beacon Trusteeship Makes Strong Debut On NSE SME Exchange

New Delhi, June 4 -- Beacon Trusteeship Limited, a provider of trustee services across various domains, witnessed a robust stock market debut today on the NSE SME platform. The company's shares comme... Read More


Govt To Fund Start-ups For Developing Advanced Technical Textiles

New Delhi, June 4 -- The Union Textiles Ministry is planning to unveil a new initiative to promote innovation and entrepreneurship in the technical textiles sector. As part of the National Technical ... Read More


India's Electronics Component Manufacturing Poised for Growth

New Delhi, June 4 -- India's electronic manufacturing industry is expected to see its next phase of growth driven by domestic component manufacturing, according to analysts. The report notes that whi... Read More


Govt's Mega Plan for Decentralised Grain Storage Network Reviewed

New Delhi, June 4 -- The National Level Coordination Committee (NLCC) for an ambitious plan to create the world's largest decentralised grain storage network held its first meeting on Monday. Chaired... Read More


Spinning Mills in Madhya Pradesh Cut Output Amid Low Demand

Indore, June 4 -- Spinning mills in Madhya Pradesh have been forced to reduce production by over 10 per cent due to declining demand for yarn and waning competitiveness in international markets. Low ... Read More


Startups Await New Government Policies to Propel Growth

New Delhi, June 4 -- Indian startups are eagerly anticipating the new government's policies aimed at addressing their specific needs and fostering an environment conducive for growth across the nation... Read More


SMEC To Offer Incentives Only To New Investments For Electric Cars

New Delhi, June 4 -- The Indian government's newly announced Scheme for Manufacturing of Electric Cars (SMEC) will offer incentives solely to automakers that establish new greenfield electric vehicle ... Read More


RBI Tightens KYC Norms for Asset Reconstruction Firms

New Delhi, June 4 -- The Reserve Bank of India (RBI) is increasing oversight on asset reconstruction companies (ARCs) that purchase bad loans fr0m banks and non-bank financial institutions. The cent... Read More