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SIDBI, World Bank ink $543 mn pacts for start-ups, MSMEs

Lender to small industries, SIDBI today signed USD 543 million (about Rs 3,400 crore) pacts with World Bank for two projects to provide debt assistance to start-ups, MSMEs and promote energy efficiency investments in the country.

GAIL says cut gas supplies to Gujarat units on OilMin order

State-owned gas utility GAIL India Ltd today said it slashed gas supplies to small industries in Gujarat on Oil Ministry orders.

Labour Laws amendment Bill likely in Rajya Sabha today

The government is likely to introduce the Bill to amend the Labour Laws (Exemption from Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988, Wednesday in Rajya Sabha.

ONGC, Rajahmundry begins direct marketing of gas

The Rajahmundry Asset of ONGC has put its new field at 'Kammapalem' for direct gas supply to cater to needs of small industries, a senior company official has said.

Small industries must for economic growth: President

Micro, small and medium enterprises are vital for India's economic growth and they need to get more institutional credit, President Pranab Mukherjee said Wednesday.

Over 25,000 small and micro industries down their shutters

Over 25,000 small and medium industries in and around the city downed their shutters Thursday.

Govt to increase loan to Rs 50 lakh to set up small industries

Karnataka Chief Minister D V Sadananda Gowda on Sunday promised to increase loan amount for setting up of small-scale or cottage industries from Rs 25 lakh to Rs 50 lakh.