published Jun 22nd 2016, 9:04 am, by Luke Kawa and Tim Hlavacek (Bloomberg) —Elon Musk stared at the sun and envisaged a clean energy behemoth. “Blindingly obvious” was how the Tesla Motors Inc. chief executive officer and chairman of SolarCity Corp. described the plan to combine the two companies. The proposed deal

India is one of the world’s largest centers for Micro, Small, and Medium Enterprises (MSMEs). These enterprises play a crucial role in the Indian economy, but despite their large number, MSMEs in India suffer from a lack of adequate and timely access to funds. The key reason for this is that banks often view MSMEs as high-risk organizations and are therefore reluctant to lend to them. Also, MSMEs often lack the necessary collateral to get a loan. Therefore, a business loan without security is the best option for them.