NSE and West Bengal Government Ink MOU to Boost SME Fundraising

24 Nov 2023 CW Team

The National Stock Exchange (NSE) has joined forces with the West Bengal government through a Memorandum of Understanding (MOU), aiming to foster a conducive environment for Small and Medium Enterprises (SMEs) to raise capital. This collaboration seeks to streamline fundraising processes and contribute to the economic growth of the region.

The MOU reflects a commitment to enhancing the financial landscape for SMEs, a crucial sector for economic development. The partnership between NSE and the West Bengal government signifies a strategic alliance to create a supportive framework for SMEs seeking funds for expansion, innovation, and overall business development.

Key aspects of the MOU include initiatives to simplify regulatory processes, facilitate access to capital markets, and provide guidance for SMEs navigating fundraising challenges. By leveraging the expertise of NSE and the proactive approach of the West Bengal government, this collaboration aims to empower SMEs, enabling them to contribute significantly to the economic vitality of the state.

As India focuses on economic recovery and growth, such partnerships play a pivotal role in fostering a robust ecosystem for SMEs, aligning with broader national development objectives. The NSE-West Bengal government MOU exemplifies a proactive stride toward creating an environment that encourages entrepreneurship and facilitates the sustainable expansion of SMEs in the region.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..