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BHEL, Trichy, component suppliers may face closure

Last Updated: Sunday, January 05, 2014, 14:28

About 150 small industrial units in Tamil Nadu may be facing possible closure by the end of this financial year because of alleged step-motherly treatment to them by public sector giant BHEL, Tiruchirappalli, their main customer.

ONGC, Rajahmundry begins direct marketing of gas

Last Updated: Thursday, December 19, 2013, 12:49

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.

NSIC signs pact with SBI for cheap loans to MSMEs

Last Updated: Monday, September 02, 2013, 18:15

The National Small Industries Corporation (NSIC) has signed a pact with State Bank of India for providing affordable and easy credit to small-and- medium-sized units.

NSIC may relax registration criteria for financing assistance

Last Updated: Tuesday, July 23, 2013, 17:19

The National Small Industries Corporation is considering relaxing the registration criteria for offering financing assistance to boost penetration of Small and Medium Enterprises.

NSIC may soon sign pact with SBI for cheap loans to MSMEs

Last Updated: Sunday, June 30, 2013, 11:52

The National Small Industries Corporation (NSIC) may soon sign a pact with State Bank of India for providing affordable and easy credit to small-and- medium-sized units.

Small industries must for economic growth: President

Last Updated: Wednesday, April 03, 2013, 17:22

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.

CGFF with corpus of Rs 500 cr to be operational 3-4 mths

Last Updated: Sunday, March 24, 2013, 13:05

CGFF, under the aegis of Small Industries Development Bank of India (SIDBI), will be set up as a trust.

SIDBI VC to invest Rs 150 cr in SME in next 3-4 months

Last Updated: Wednesday, March 20, 2013, 17:38

"Of the first disbursement (by the government) of Rs 500 crore, we have already committed Rs 350 crore," SIDBI Chairman and Managing Director S Muhnot said here.

RBI allows SIDBI to raise upto $500 mn via ECB for SME lending

Last Updated: Tuesday, November 06, 2012, 22:58

The Reserve Bank Tuesday said it has allowed Small Industries Development Bank of India (SIDBI) to raise up to USD 500 million per annum (about Rs 2,700 crore) through External Commercial Borrowing (ECB) to fund small and medium scale industry.

Over 25,000 small and micro industries down their shutters

Last Updated: Thursday, September 27, 2012, 16:41

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

Sidbi ready to fund foreign buys of small units

Last Updated: Sunday, July 15, 2012, 10:19

The small units-focused lender Small Industries Development Bank of India (Sidbi) is ready to fund domestic MSMEs to acquire foreign companies, a top official has said.

India pushes small scale business cooperation in South Africa

Last Updated: Monday, May 28, 2012, 08:49

India is moving forward in co-operating with South Africa's small industries with the sector being crucial to both countries' economy , a senior Indian official said Monday.