Hikrobot India Showcases Machine Vision, Mobile Robots at Automation Expo
M1xchange Doubles TReDS Volumes to Rs 80 Billion in FY25
M1xchange, a leading Trade Receivables e-Discounting System (TReDS) platform, recorded invoice discounting worth over Rs 80 billion in FY 2025—twice the volume achieved in the previous year.Founder-director Sundeep Mohindru told Business Standard that rising U.S. tariffs are increasing costs and altering trade flows, creating fresh challenges for Micro, Small, and Medium Enterprises (MSMEs). Many of these businesses face prolonged payment cycles, making fast and affordable access to working capital critical.TReDS is emerging as a vital solution, enabling MSMEs to secure payments in under 24 ..
MSME TEAM Drive to Aid 0.5 Million Small Businesses
The Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the ‘MSE TEAM (Trade Enablement and Marketing)’ initiative, a sub-scheme under the World Bank-supported Raising and Accelerating MSME Performance (RAMP) programme. The scheme aims to equip Micro and Small Enterprises (MSEs) with digital tools and guidance to effectively use e-commerce platforms by integrating them with the Open Network for Digital Commerce (ONDC).Under the initiative, MSEs will receive support for onboarding, digital cataloguing, account management, transport and logistics, and packaging, alongside ..
ONGC Plans Rs 46.06 Billion Andhra Gas Development Project
Oil and Natural Gas Corporation Limited (ONGC) will invest over Rs 46.06 billion to drill 10 development wells, build two unmanned platforms, lay an offshore pipeline, and establish an onshore gas processing facility in Konaseema district, Andhra Pradesh.According to minutes from the Ministry of Environment and Forests’ Expert Appraisal Committee (EAC) meeting on 24 July, ONGC has sought fresh environmental clearance for the project. The plan covers offshore oil and gas contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika), spanning 697 sq km, and KG/OSDSF/GS49/2021 (GS49), covering 148 sq km, ..
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