MSMEs – Page 21 – msmenews.sbs

Karnataka High Court Strikes Down MSEFC Award, Mandates Arbitration After Unsuccessful Conciliation

AIMPWAApril 2, 2025

Karnataka, Apr 2 (KNN) The Karnataka High Court has ruled that the Micro and Small Enterprises Facilitation Council (MSEFC) cannot pass an award if conciliation fails without referring the matter to arbitration. Justice Suraj Govindaraj, while allowing the petition filed by M/s Enmas GB Power Systems Projects Ltd, stated that the Council must first terminate...

WTO members make progress in revitalizing trade and development work

AIMPWAApril 1, 2025

A meeting of the Committee on Trade and Development held on 26 March examined special and differential treatment provisions for developing economies, e-commerce, WTO technical assistance and capacity-building and duty-free quota-free market access for least-developed countries (LDCs). At a dedicated session on small economies held on the next day, members discussed a WTO Secretariat report...

WTO | 2025 News items

AIMPWAApril 1, 2025

Progress on accessions to the GPA 2012 Parties welcomed Costa Rica’s “final” market access offer submitted in January 2025. Reaffirming its strong commitment to acceding to the GPA 2012 as soon as practicable, Costa Rica’s representative, Leonor Obando, said: “We are prepared to accept the challenges and opportunities that membership in the GPA will provide....

WTO members appoint new chair for agriculture negotiations

AIMPWAApril 1, 2025

WTO members confirmed on 1 April the appointment of Ambassador Ali Sarfraz Hussain of Pakistan as the new chair of the Committee on Agriculture in special session (CoASS). Ambassador Hussain will steer efforts to build momentum on agriculture negotiations, with a view to achieving a meaningful outcome at the 14th WTO Ministerial Conference (MC14) to...

Desco Infratech Lists At 6.67% Premium On BSE SME

AIMPWAApril 1, 2025

New Delhi, Apr 1 (KNN) Shares of infrastructure company Desco Infratech made a positive debut on the BSE SME on Tuesday, April 1, 2025. The stock listed at Rs 160 per share, marking a 6.67 per cent premium over the issue price of Rs 150 per share. The listing performance exceeded grey market expectations, where...

India Lacks Medium-Sized Firms Needed For Economic Expansion: NITI Aayog

AIMPWAMarch 31, 2025

New Delhi, Mar 31 (KNN) India faces a significant structural challenge in its economic growth trajectory due to an insufficient number of medium-sized firms that can scale into large companies, according to NITI Aayog CEO BVR Subrahmanyam. Speaking at the launch of a new initiative for micro, small, and medium enterprises (MSMEs), Subrahmanyam expressed concern...

FISME Holds Roundtable With Think-tanks On Impact of Reciprocal Tariff On Indian MSMEs

AIMPWAMarch 31, 2025

New Delhi, Mar 31 (KNN) To assess the likely impact of President Trump’s trade measures especially the reciprocal tariff on Indian MSMEs, Federation of Indian Micro and Small & Medium Enterprises (FISME) convened a roundtable with India’s top economists. India’s exports to the U.S. have shown a consistent upward trend and touched $77.5 billion in...

KVIC Disburses Rs 469 Crore To 14,456 New Units In ‘Mega Distribution’ Program

AIMPWAMarch 29, 2025

New Delhi, Mar 29 (KNN) KVIC, under the Ministry of Micro, Small, and Medium Enterprises, successfully organized its largest-ever ‘Mega Distribution’ program on March 28, 2025, from its headquarters in Mumbai. The virtual event marked a significant step towards Prime Minister Narendra Modi’s vision of Aatmanirbhar Bharat and the empowerment of artisans and entrepreneurs across...

Active Infrastructures Debuts On NSE SME At Rs 181 Per Share

AIMPWAMarch 28, 2025

New Delhi, Mar 28 (KNN) Civil construction firm Active Infrastructures made its initial public offering (IPO) debut on the NSE SME platform, with shares listing at Rs 181 per share—precisely matching the issue price. The listing closely aligned with grey market expectations, where pre-listing estimates had suggested a marginal premium of Rs 1 or 0.55...

MSME Sector To Drive ‘Viksit Bharat’ Goal: Minister Manjhi

AIMPWAMarch 28, 2025

New Delhi, Mar 28 (KNN) The Indian government is implementing a comprehensive strategy to bolster micro, small, and medium enterprises (MSMEs), positioning them as a critical driver of economic transformation and national development. Union Minister for MSMEs, Jitan Ram Manjhi, articulated this vision during the ‘MSME Leadership Summit 2025’, emphasising the sector’s pivotal role in...

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Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

AIMPWAJune 17, 2025

Rising-star defense tech Mach Industries has announced a new $100 million round of funding at a $470 million valuation. TechCrunch first reported that this deal was in the works last month. New investor Keith Rabois from Khosla Ventures joins existing investor Geoff Lewis of Bedrock Capital to lead the round. Existing investor Sequoia also participated....

MSMEs

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

AIMPWAJune 17, 2025

Amaravati, Jun 17 (KNN) The long-stalled construction of flatted factory complexes at the Vemavaram Jakkampudi Economic Township is poised to advance following state government approval for institutional restructuring and project handover. The Andhra Pradesh government has authorised the Andhra Pradesh Economic Development Board Corporation Limited to complete pending land alienation procedures and transfer project responsibilities...

Jainik Power Shares Debut Below Issue Price On NSE SME Platform

AIMPWAJune 17, 2025

New Delhi, Jun 17 (KNN) Jainik Power and Cables Limited commenced trading on the NSE SME platform on Tuesday, opening at Rs 82 per share, representing a decline of more than 25 percent from its initial public offering price of Rs 110. The stock subsequently recovered to trade at Rs 86.10, marking a 5 percent...

Observability startup Coralogix becomes a unicorn, eyes India expansion

AIMPWAJune 17, 2025

Coralogix, an Israeli startup offering a full-stack observability and security platform, has raised $115 million at a pre-money valuation of over $1 billion, almost doubling in three years from its last round in 2022. With the influx of cash, the startup is looking to expand its engineering base in India and develop its AI agent....

Sequoia-backed Crosby launches a new kind of AI-powered law firm

AIMPWAJune 17, 2025

The tech industry talks a lot about how AI is going to transform work. Legal startup Crosby, which just came out of stealth with a $5.8 million seed round led by Sequoia, is perhaps the most extreme example of what’s coming that we’ve seen to date. Crosby isn’t just making AI software for lawyers –...

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Karnataka High Court Strikes Down MSEFC Award, Mandates Arbitration After Unsuccessful Conciliation

WTO members make progress in revitalizing trade and development work

WTO | 2025 News items

WTO members appoint new chair for agriculture negotiations

Desco Infratech Lists At 6.67% Premium On BSE SME

India Lacks Medium-Sized Firms Needed For Economic Expansion: NITI Aayog

FISME Holds Roundtable With Think-tanks On Impact of Reciprocal Tariff On Indian MSMEs

KVIC Disburses Rs 469 Crore To 14,456 New Units In ‘Mega Distribution’ Program

Active Infrastructures Debuts On NSE SME At Rs 181 Per Share

MSME Sector To Drive ‘Viksit Bharat’ Goal: Minister Manjhi

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Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

Jainik Power Shares Debut Below Issue Price On NSE SME Platform

Observability startup Coralogix becomes a unicorn, eyes India expansion

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Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

Jainik Power Shares Debut Below Issue Price On NSE SME Platform

Observability startup Coralogix becomes a unicorn, eyes India expansion

Sequoia-backed Crosby launches a new kind of AI-powered law firm

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Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

Jainik Power Shares Debut Below Issue Price On NSE SME Platform

Observability startup Coralogix becomes a unicorn, eyes India expansion

Sequoia-backed Crosby launches a new kind of AI-powered law firm

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