Latest news with #NationalMSMEImpactAwards2025
United News of India
01-07-2025
- Business
- United News of India
Shell acquires 100 percent equity interest in Raj Petro Specialities from Brenntag Group
Hyderabad, July 1 (UNI) Shell Lubricants today announced it has successfully completed the acquisition of a 100 percent equity interest in Raj Petro Specialities Pvt Ltd from the Brenntag Group. The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets, the company said in a release. The transaction strengthens Shell Lubricants' presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain. 'The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification,' said Jason Wong, Shell's Executive Vice President for Global Lubricants. UNI KNR SS 01 Jul 2025 | 8:32 PM Mumbai, July 1 (UNI) Tata Motors has reported domestic passenger vehicle (PV) sales of 37,083 units in June 2025, which is a 14.8 per cent decline over June 2024, when the company had sold 43,524 passenger vehicles. see more.. Bank of Baroda adds a new feather in its cap winning National MSME Impact Awards 2025 01 Jul 2025 | 5:30 PM Kolkata, July 1 (UNI) Bank of Baroda has bagged the Gold Award under Public Sector Banks category at the 'National MSME Impact Awards 2025' organised by the India SME Forum, which is India's largest not-for-profit organisation for Micro, Small and Medium Enterprises (MSMEs), representing over 98,200 members (including 9,400+women entrepreneurs) . see more.. Visakhapatnam: Adani Gangavaram Port sets a new record in handling of coastal cargo 01 Jul 2025 | 5:20 PM Visakhapatnam (Andhra Pradesh), July 1 (UNI) Adani Gangavaram Port on Tuesday said it has set a new record in handling of coastal cargo by loading 61,317 MTs within 24 hours in MV Star Nasia for TANGEDCO. see more.. Kottayam-Kochi Rubber Market Rates 01 Jul 2025 | 4:19 PM Kottayam, July 1 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal KOTTAYAM RSS FOUR: 20100 RSS FIVE : 19800 ISNR TWENTY: 18000 SIXTY PERCENT LATEX: 14265 KOCHI RSS FOUR : 20100 RSS FIVE : 19800 INTERNATIONAL RATES (BANGKOK) RSS One : 19788 RSS Two : 19631 RSS Three: 19486 RSS Four : 19407 RSS Five : 19289 KUALALUMPUR SMR TWENTY : 14598 ($170.65) SIXTY PERCENT LATEX : 12096($141.40) UNI PA BM. see more.. Rs 580 cr tax evasion detected in Kerala in year 2024-25 01 Jul 2025 | 1:36 PM Thiruvananthapuram, July 1 (UNI) The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The enforcement and audit wings detected tax evasion worth Rs 580 crore in 2024-25, showcasing the zone's efforts in ensuring compliance. see more..
United News of India
01-07-2025
- Business
- United News of India
Bank of Baroda adds a new feather in its cap winning National MSME Impact Awards 2025
Kolkata, July 1 (UNI) Bank of Baroda has bagged the Gold Award under Public Sector Banks category at the 'National MSME Impact Awards 2025' organised by the India SME Forum, which is India's largest not-for-profit organisation for Micro, Small and Medium Enterprises (MSMEs), representing over 98,200 members (including 9,400+women entrepreneurs) . The award was presented by former union minister Kalraj Mishra, who is also chief patron of India SME Forum in recognition of BOB's significant contribution towards promoting ease of doing business for entrepreneurs and enhancing access to credit for Micro, Small, and Medium Enterprises (MSMEs). BOB's chief general manager Madhur Kumar received the award at a ceremony held in New Delhi, a BOB release said today. Banks were evaluated on a broad set of strategic and operational criteria, including but not limited to presence of a dedicated MSME Branch, y-o-y growth in number of loans (pc), growth in average loan amount (pc), average CGTMSME Loan size (Lakh), number of policies/financial products for Women/SC/ST, direct feedback and satisfaction ratings from MSMEs. UNI PC BM
Hans India
28-06-2025
- Business
- Hans India
Govt building e-commerce export hubs to empower MSMEs
New Delhi: The government is laying the foundation for a next-generation export ecosystem -- one that is digital-first, logistics-enabled and MSME-inclusive, Moin Afaque, Joint Director General of Foreign Trade (DGFT), said on Saturday. Addressing the India SME Forum's 'MSME Day Conclave 2025' here on creating a robust ecosystem for MSME e-commerce exports, he said that upcoming e-commerce export hubs are inspired by global best practices and will function as single-window zones for logistics, certification and regulatory support. 'With five pilot hubs already approved and more in the pipeline, we aim to scale this model across the country,' he told the gathering. The event underscored the urgent need for digital transformation, enhanced export readiness, and robust trade facilitation to unlock the true potential of Indian small businesses on the world stage, while closing market access gaps for Indian MSMEs to scale globally. 'Global supply chains are shifting, and India is emerging as the trusted alternative. This opens a huge opportunity for MSMEs to go global, especially through e-commerce,' said Vinod Kumar, President, India SME Forum. 'Buyers are choosing Indian products even at 5–7 per cent higher prices because of the trust and reliability we offer. With over 45 countries easing market access, e-commerce exports are fast becoming a powerful growth engine. This is India's moment, and MSMEs are leading the way,' he noted. The highlight of the conclave was the National MSME Impact Awards 2025, that recognised exceptional work by state governments, financial institutions, and solution and service providers who have gone beyond conventional mandates to catalyse systemic change and build inclusive support frameworks for MSMEs. Winners included Bank of Baroda for Public Sector Bank and HDFC Bank for Private Sector Bank. Amazon won gold in the Best Exports Platform and Best E-Marketplace categories, while Microsoft led the Technology Providers category and Google led the Digital Solutions category. DHL topped the Logistics Solutions category and New India Assurance won the Best Insurance Provider award, according to India SME Forum.
