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Jun 14, 2023

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GST e-invoicing mandatory for businesses with over Rs. 5 crore from August

The Indian government has decided to make GST e-invoicing mandatory for all businesses with annual turnover above Rs. 5 crore. Electronic invoicing will become mandatory from August 1,...

CEAT set to boost stake in Tyresnmore

CEAT Limited, one of the leading automotive tyre manufacturer, has announced its intention to increase its investment in Tyresnmore Online Private Limited. In a Fifth Addendum Agreement to...

GAME and SIDBI launch new programme to ease MSME funding woes

Global Alliance for Mass Entrepreneurship (GAME) and Small Industries Development Bank of India (SIDBI) have joined forces to introduce the NBFC Growth Accelerator Program (NGAP). This collaborative initiative...

Assam government launches its Credit Guarantee Scheme for MSMEs

Assam government has launched the Assam Credit Guarantee Scheme this year to enable small businesses in the state to access formal credit without collateral. Effective from April 1,...

Automobile retail sales see 10% growth in May: FADA

New Delhi Automobile retail sales rose 10 per cent in May on the back of robust demand across segments including passenger vehicles, two-wheelers and tractors, automobile dealers' body...

Bridgestone Commences Pyrolysis Test of Used Tire Recycling

Bridgestone Corporation today announced that it has commenced the production of tire derived oil and recovered carbon black through pyrolysis of used tires using test units installed at...

IIP growth rises to 4.2% in April

India's industrial output grew by 4.2 percent in April, data released by the Ministry of Statistics and Programme Implementation showed on June 12. At 4.2 percent, the latest industrial...

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