Amtek Auto to sell Tekfor
Cochin Port and Oil India Partner for Offshore Exploration Support
The Cochin Port Authority (CoPA) has signed a Memorandum of Understanding (MoU) with Oil India (OIL) to establish a shore base facility supporting offshore oil exploration in the Kerala-Konkan Basin. The agreement was formalised at a ceremony held at CoPA, Willingdon Island, on 12 June 2025, in the presence of senior officials from both organisations.Under the partnership, Cochin Port will provide critical logistics infrastructure for OIL鈥檚 offshore drilling operations, expected to begin later in 2025. The planned shore base will include a dedicated warehouse, dry bulk handling plant, and an..
UP to Set Up 15 MSME Industrial Zones in 11 Districts
The Uttar Pradesh government has unveiled plans to develop 15 dedicated industrial zones for Micro, Small and Medium Enterprises (MSMEs) across 11 districts. The initiative aligns with the state鈥檚 broader vision of achieving a one trillion-dollar economy.As per the draft blueprint prepared by the state MSME department, the proposed industrial estates will cover 764.31 acres and feature 872 industrial plots for investors and entrepreneurs.To support the project, the state has launched a comprehensive campaign to build a robust land bank, with land acquisition and allotment already in progress..
Flexiloans Raises Rs 3.75 Bn in Series C to Expand MSME Lending
Digital lending platform Flexiloans has secured Rs 3.75 billion in its Series C funding round, aimed at scaling operations and strengthening access to credit for micro, small, and medium enterprises (MSMEs) across India.The round saw participation from existing investors Fundamentum, Accion Digital Transformation, Nuveen, and Maj Invest, alongside new investor British International Investment (BII), the UK鈥檚 development finance institution. This follows a Rs 2.90 billion raise in September 2024, taking the company鈥檚 total fundraising to Rs 6.65 billion within six months.Founded in 2016 by ..
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