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Mahindra & Mahindra Announces USD 1.44 Bn Investment In Electric Vehicles

New Delhi, May 18 -- Indian automaker Mahindra & Mahindra has announced a significant investment of USD 1.44 billion (approximately Rs. 11,900 crore) over the next three years into its electric vehicl... Read More


Shiprocket Launches Growth Academy To Support E-commerce Sellers

New Delhi, May 18 -- In a move to bolster the growth of micro, small and medium enterprises (MSMEs) in the burgeoning e-commerce sector, Shiprocket, a leading e-commerce enablement platform, has unvei... Read More


TReDS Platform Reaches INR 1 Tn Milestone In MSME Invoice Financing

New Delhi, May 18 -- The Receivables Exchange of India Limited's (RXIL) Trade Receivables Discounting System (TReDS) platform has facilitated financing of over 50 lakh invoices worth Rs 1,00,000 crore... Read More


India's Trade Gap Widens To Four-Month High As Imports Surge

New Delhi, May 15 -- India's trade deficit, the gap between exports and imports, widened to a four-month high of USD 19.1 billion in April 2024, driven by a surge in imports. According to data releas... Read More


Deep-Tech Start-ups Secure Funding Commitments At TIPS 4.0

New Delhi, May 15 -- The 4th National Workshop on Technology Innovation in Cyber-Physical Systems (TIPS 4.0), organised by the Department of Science and Technology (DST), witnessed a promising develop... Read More


Fintech Start-up BimaPay Secures USD 2 Mn To Enhance Digital Lending & Expand Market Reach

New Delhi, May 15 -- BimaPay Finsure Private Limited, a fintech start-up under the Mufin Group umbrella, has secured USD 2 million in funding led by LC Nueva Investment Partners through LC Nueva AIF. ... Read More


TGIF Agribusiness Debuts On BSE SME Platform With 61% Premium

New Delhi, May 15 -- TGIF Agribusiness, a horticulture company engaged in open farming of fruits and vegetables, made a strong debut on the BSE SME platform on Wednesday. The company's shares were li... Read More


Passenger Vehicle, Two-Wheeler Exports Surge Over 20% in April: SIAM

New Delhi, May 15 -- India's automobile industry witnessed a mixed trend with passenger vehicle exports for April 2024 surging by 21.1 per cent compared to the same month last year, totalling 49,563 u... Read More


MSME Technology Centre, Visakhapatnam Holds Placement Drive For Trainees

Visakhapatnam, May 15 -- The MSME Technology Centre in Visakhapatnam recently organised a major placement drive in collaboration with Tata Advanced Systems Limited (TASL), Hyderabad and the support of... Read More


ONGC Unveils Cutting-Edge Cementing Units in Ahmedabad

Ahmedabad, May 14 -- Oil and Natural Gas Corporation (ONGC) has taken a major step towards technological advancement and environmental responsibility by launching four state-of-the-art cementing units... Read More