In a significant ruling, the Allahabad High Court has determined that the dishonour of cheques from banks that have merged with another bank does not constitute an offence under Section 138 of the Negotiable Instruments (NI) Act. If a cheque from a merged bank bounces, the issuer will not face prosecution under this section. Justice […]
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The Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh, highlighted that government measures such as mandatory quality control orders and increased customs duties have significantly boosted toy exports from India. However, he noted that additional efforts are required to further develop the sector. Singh mentioned that they are […]
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Record-Breaking Fundraising in First Half Since SME Platform Launch In the first half of 2024, fundraising through initial public offerings (IPOs) of small and medium enterprises (SMEs) has achieved a significant milestone, reaching Rs 3,095 crore by June 13. This amount is approximately two-thirds of the total Rs 4,686 crore raised throughout 2023, marking the […]
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Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India, SME Export Promotion Council and Packaging Industry Association of India had an Interaction with Mr. Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India and Ms. Renu Latha, Economic Advisor, Department of Commerce at New Delhi on 12th June 2024 […]
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Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India & SME Export Promotion Council felicitated Mr. Jitin Prasada, Union Minister of State, Ministry of Commerce & Industry on his appointment and Mr. Salunkhe discussed various initiatives and issues pertaining to SMEs and manufacturing industries, strategic efforts for export promotion, various activities to be organised […]
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