The World Bank has so far committed $2.75 billion to support India's emergency coronavirus response, including the new MSME project

The decision is aimed at improving the discipline and timeliness of payments to vendors, especially micro, small and medium enterprises (MSMEs)

At its aerospace SEZ in Belagavi, Karnataka, Aequs has set up a 600,000 sq feet facility for manufacturing plastic toys. A few large scale manufacturers have already set up shops in the past two years

The MSME trade body has said that the change in definition of MSMEs will allow large corporates and multi-national companies (MNCs) to have indirect control of the manufacturing sector in India through their subsidiaries

Swati Kulkarni, EVP & Fund Manager - Equity at UTI Mutual Fund says economic recovery may be patchy going forward, the good businesses will recover to generate economic value for long-term investors

There is a need for the bankers to provide more support to the micro, small and medium enterprises, State Bank of India Managing Director Arijit Basu said

More than 8 lakh artisans and weavers from Amazon Karigar programme, and over 2.8 lakh women entrepreneurs from Amazon Saheli programme will benefit from 100 per cent SoA fee waiver for 10 weeks

RXIL, a joint venture between Small Industries Development Bank of India (SIDBI) and National Stock Exchange of India Limited (NSE), is one of the three entities approved by RBI to run the TReDS platform

Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like MSMEs

These products are free of toxic agents, making them completely safe for infants and pets, and yet are effective against all harmful bacteria and viruses.

The official manufacturing Purchasing Manager's Index rose to a three-month high of 50.9 in June from 50.6 in May

The special draft framework recommends that the insolvency procedures against an MSME can only be triggered by the MSME itself and not by any of the creditors

With 80 per cent of SAP's customers in India being from the MSME sector, Deb Deep Sengupta of SAP India said in the past three months the conversation with players in the sector brought out three key short-term issues

Insurance Regulatory and Development Authority of India (IRDAI) has given PNB permission to continue to hold both the companies, Rao said, adding that the lender will continue to hold stake in both PNB MetLife and Canara HSBC OBC Life Insurances

Ever since resumption of full services, there's been 125 per cent increase in new seller registrations compared to current sellers during the April-June period, says Flipkart

Suraj Dialani, CMD of the project, said that it is a consortium of 49 Goan MSME units, with direct benefits extending to another 180 units

MSME sector currently contributes about 48 per cent to the country's export and this has to be further enhanced by means of technological upgradation and product development, Gadkari said

For fresh investment, Odisha has charted out plans and identified various sectors such as metal and mining in which it has inherent strength. The state is targetting specific types of companies for investment

Nonetheless, collective bad loans of the public sector entities saw a decline of 2.5 per cent last fiscal. The gross NPA ratio of the country's largest public sector lender SBI was down 138 basis points year-on-year, at 6.15 per cent

The Animal Husbandry Infrastructure Development Fund (AHIDF) was approved in the Cabinet meeting, chaired by Prime Minister Narendra Modi