NSE, UP Govt Sign MoU to Help MSMEs Access Capital Markets

22 Apr 2025 CW Team

The National Stock Exchange (NSE) has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government to help micro, small, and medium enterprises (MSMEs) in the state access capital markets through the NSE Emerge platform.

The agreement was signed in Lucknow between Raj Kamal, Managing Director of the Uttar Pradesh Small Industries Corporation, and Nidhi Maheshwari, Senior Manager at NSE. Senior officials, including MSME Principal Secretary Alok Kumar and Secretary Pranjal Yadav, were also present.

Under the MoU, NSE will support the state in conducting awareness drives, seminars, and MSME-focused roadshows. These initiatives will educate entrepreneurs on raising capital through Initial Public Offerings (IPOs) via the NSE Emerge platform — a platform tailored for small and medium enterprises.

In alignment with the MSME Policy 2022, the state will offer financial assistance of up to Rs 500,000 to eligible enterprises for the listing process.

Sriram Krishnan, NSE’s Chief Business Development Officer, stated that 612 companies have raised over Rs 170.03 billion through the platform, with a current combined market capitalisation of Rs 1.76 trillion.

Source: Elets News Network

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..