Centre approves scheme to boost MSME manufacturing sector

IANS | January 30, 2025 9:49 AM

New Delhi, Jan 30 (IANS) The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 crore for purchase of plant and machinery/equipment for eligible firms.

Cabinet okays hike in price of ethanol used for petrol blending

IANS | January 29, 2025 4:28 PM

New Delhi, Jan 29 (IANS) The Union Cabinet on Wednesday approved an increase in the ex-mill price of ethanol derived from C Heavy Molasses (CHM) to Rs 57.97 per litre from Rs 56.58 per litre earlier, under the Ethanol Blended Petrol programme, for the supply year 2024-25.

Ambuja Cements' net profit more than doubles in Q3

IANS | January 29, 2025 3:50 PM

Ahmedabad, Jan 29 (IANS) Ambuja Cements, the cement and building material company of the diversified Adani Group, on Wednesday reported robust profit after tax (PAT) growth at Rs 2,620 crore, which more than doubled (year-on-year) in Q3 FY25.