
SEBI Considers New Measures for REITs and InvITs

Techfino Raises Rs 650 Mn to Boost MSME Lending
Techfino, a technology-enabled non-banking financial company (NBFC), has raised Rs 650 million in funding from Stellaris Venture Partners and Saison Capital, the venture arm of Tokyo-listed Credit Saison. The fresh capital will be used to expand Techfino’s branch footprint, strengthen its technology platform, and scale its secured lending operations, particularly targeting micro, small, and medium enterprises (MSMEs).The company currently provides Loan Against Property (LAP) to MSMEs in Tier II and Tier III cities through a branch-led distribution model across Karnataka, Gujarat, Madhya Prad..

Steel Import Norms May Hit MSMEs, Warns GTRI
The Global Trade Research Initiative (GTRI) has raised alarm over a recent directive from the Ministry of Steel, cautioning that the abrupt policy shift could severely impact micro, small, and medium enterprises (MSMEs) that depend on imported semi-finished steel.The order, issued on 13 June, mandates that raw materials and intermediate inputs used in steel manufacturing must also comply with Bureau of Indian Standards (BIS) specifications. The directive, effective for all consignments with a bill of lading dated 16 June or later, significantly broadens the scope of India’s Quality Control O..

Om Birla Launches Projects Worth Rs 1.05 Bn in Kota
Lok Sabha Speaker Om Birla has inaugurated and laid the foundation stone for multiple development projects totalling Rs 1.05 billion in the Kota region, according to an official statement. The projects aim to boost infrastructure, enhance connectivity, and support communities affected by natural disasters.Key among the initiatives is the construction of a high-level bridge over the Kali Sindh River in Budhadit-Barod, Sultanpur. Alongside this, a range of infrastructure improvements—including new cemented roads, classroom facilities, and rural development works—were inaugurated to accelerat..