Business Economy


Bank of Baroda adds a new feather in its cap winning National MSME Impact Awards 2025

Kolkata, July 1 (UNI) Bank of Baroda has bagged the Gold Award under Public Sector Banks category at the “National MSME Impact Awards 2025” organised by the India SME Forum,
which is India’s largest not-for-profit organisation for Micro, Small and Medium Enterprises
(MSMEs), representing over 98,200 members (including 9,400+women entrepreneurs) .
The award was presented by former union minister Kalraj Mishra, who is also chief patron of India SME Forum in recognition of BOB's significant contribution towards promoting ease of doing
business for entrepreneurs and enhancing access to credit for Micro, Small, and Medium Enterprises (MSMEs).
BOB's chief general manager Madhur Kumar received the award at a ceremony held in New Delhi,
a BOB release said today. Banks were evaluated on a broad set of strategic and operational criteria, including but not limited to presence of a dedicated MSME Branch, y-o-y growth in number of loans (pc), growth in average loan amount (pc), average CGTMSME Loan size (Lakh), number of policies/financial products for Women/SC/ST, direct feedback and satisfaction ratings from MSMEs.
UNI PC BM
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Adani buys 85pc stake in Air Works for Rs 400 crore

02 Jul 2025 | 7:52 PM

Mumbai, July 2 (UNI) Adani Enterprises Limited (AEL) has completed the acquisition of an 85.1% stake in Air Works India (Engineering) Pvt Ltd (AWIEPL) through its wholly owned subsidiary, Adani Defence Systems and Technologies Limited (ADSTL), the company officially announced in a stock exchange filing.

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Third Wave Coffee launches eighth cafe in Hyderabad; 11 new cafes across several cities

02 Jul 2025 | 6:16 PM

Hyderabad, July 2 (UNI) Third Wave Coffee, India’s premier coffee-first QSR brand, today announce the unveiling of its eighth cafe at Madeenaguda, Hyderabad, and is expected to unveil another one in Himayat Nagar by this week.
The brand also marked a milestone by launching 11 new cafes across Delhi, Chennai, Mumbai, and Mysuru — all on the same day.

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Kottayam-Kochi Rubber Market Rates

02 Jul 2025 | 5:44 PM

Kottayam, July 2 (UNI) Following were the Rubber Market rates announced by the Rubber
Board here today per quintal
KOTTAYAM
RSS FOUR: 20150
RSS FIVE : 19850
ISNR TWENTY: 18100
SIXTY PERCENT LATEX: 14265
KOCHI
RSS FOUR : 20150
RSS FIVE : 19850
INTERNATIONAL RATES (BANGKOK)
RSS One : 19887
RSS Two : 19729
RSS Three: 19584
RSS Four : 19505
RSS Five : 19386
KUALALUMPUR
SMR TWENTY : 14701 ($171.70
SIXTY PERCENT LATEX : 12023 ($140.45)
UNI PA BM.

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Insurance Panel launches national awareness campaign

02 Jul 2025 | 5:33 PM

Mumbai, July 2 (UNI) The Insurance Awareness Committee, representing all life insurance companies in India, today launched its 'Sabse Pehle Life Insurance', national awareness campaign here.

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ITI Ltd bags orders worth Rs 88 cr

02 Jul 2025 | 4:03 PM

Bengaluru, July 2 (UNI) ITI Limited, India's first PSU established after Independence and a pioneer in telecom manufacturing, has secured multiple contracts worth approximately Rs 88 crore across Odisha and Chhattisgarh to bolster digital infrastructure and e-governance initiatives.

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