Small Enterprises• Economic Times
ACC bags Lamatola coking mine on 3rd day of auction
In the ongoing ninth round of commercial coal mine auctions, cement company ACC Ltd won the Lamatola coking coal block located in Madhya Pradesh. bank e auction
Small Enterprises News
Small Enterprises
Small Enterprises• The Hindu BusinessLine
SCCL continues on green path: commissions a 10 MW solar PV project
SCCL, a government coal mining firm controlled by the Government of Telangana and the Government of India on a 51:49 equity basis, is rapidly improving its position by diversification into the solar PV power sector.
Small Enterprises• Business Standard
Yulu raises ₹160 crore in equity funding to boost electric mobility
Yulu Bikes, an electric bike-sharing platform, has successfully secured $19.25 million ( ₹160 crore) in equity funding through the issuance of shares to its existing strategic investors, Magna and Bajaj Auto Ltd.
Small Enterprises• Economic Times
EverEnviro and Thermax Bioenergy partner with Danish firm to elevate India's CBG production
EverEnviro Resource Management Pvt Ltd, a prominent developer of compressed biogas (CBG) in India, along with its associate partner Thermax Bioenergy Solutions Pvt Ltd (TBSPL), has forged a Memorandum of Understanding (MoU) with European Sustainable Solutions ApS (EUSUSO), a Denmark-based company.
Small Enterprises• Economic Times
SBI approves ₹110 crore loan to AMSL for new project in Telangana
Infrastructure solutions provider AMSL revealed that the State Bank of India (SBI) has sanctioned a loan of ₹110 crores for the company's upcoming project in Hyderabad, Telangana. This announcement follows AMSL's recent declaration of plans to establish a facility in Telangana, involving an investment of ₹210 crore to manufacture defence products.
Small Enterprises• Economic Times
Kilburn Engineering expands thermal portfolio with acquisition of M E Energy
Kolkata-based Kilburn Engineering Ltd (KEL) has announced the acquisition of M E Energy Private Ltd, a prominent player in waste heat recovery and utilisation systems, for a total consideration of ₹98.70 crore. This strategic move aims to bolster KEL's position as a comprehensive solution provider in the thermal engineering domain.
Small Enterprises• The Hindu BusinessLine
Finolex Cables to invest ₹580 crore, expands footprint in Maharashtra
Finolex Cables Ltd has inked a Memorandum of Understanding (MoU) with the Department of Industries, Government of Maharashtra, solidifying its commitment to invest ₹580 crore in expanding its presence within the optic fibre cables industry in Maharashtra.
Small Enterprises• The Hindu BusinessLine
CCI gives greenlight to Minda Corp's acquisition of up to 8.79% stake in Pricol
The Competition Commission of India (CCI) has approved Minda Corporation Ltd (Minda) to acquire up to 8.79% of the equity share capital of Pricol Ltd (Pricol). The acquisition, which involves a stake purchase in Pricol by Minda, has received the regulatory nod from CCI.
Small Enterprises• PTI
Shivalik Bimetal Controls reports Q3 results
Board of Directors of Shivalik Bimetal Controls Ltd have released the results for Q3 FY24 and 9M FY24. One of the global leaders in next-generation thermostatic bimetal/trimetal strips, shunt resistors and silver contacts the Company delivered a consistent performance in 9M FY24 with YoY total revenue growth of 8.88%.
Small Enterprises• moneycontrol
ACME Group & IHI Corporation to invest ₹60,000 crore in green ammonia plant in Odisha
ACME Group & IHI Corporation to invest ₹60,000 crore in green ammonia plant in Odisha
Small Enterprises• SB Team
PLDT Enterprise and Zoom strengthen strategic partnership to further empower SMEs in 2024
PLDT Enterprise is expanding its strategic partnership with Zoom, the leading pioneer in cloud-based communication and collaboration tools, with major plans for the year. This continued partnership is a testament to the commitment of both organisations to empower and enable small and medium-sized enterprises (SMEs) in the Philippines, as they continue to embrace mobility and remote work flexibility in 2024.
Small Enterprises• SB Team
Budget 2024: Small and medium businesses expect clarity, relief on GST
The Union Budget for the financial year 2024-25 may bring some relief on the minimum threshold, input tax credit and revision in GST rates on insurance products to make it easier to do business. However, Finance Minister Nirmala Sitharaman may avoid any major tinkering in the GST rates as she is going to present an interim budget in an election year.
