SME News: 04 March 2010

Exports maintain positive trend, up 11.5% in January

… one more year (till March 31, 2011) for exports covering handicrafts, carpets, handlooms and small and medium enterprises as they are still struggling. …

Source: Hindu Business Line

Standard Chartered 2009 operating profit climbs 13% to US$5.15 billion

We helped small and medium enterprises start up and grow with an extra 14% increase in lending to more than US$13 billion. The Group continued to focus on …

Source: Business Intelligence Middle East (press release)

Government extends interest subvention of 2 per cent for one more …

The government has now proposed to extend the interest subvention of 2 per cent for one more year for exports covering handicrafts, carpets, handlooms and small and medium enterprises (SMEs). Earlier, the government had provided …

Source: www.caclubindia.com

Minda Receives Rs 400m Investment from Indian Private Equity Fund …

The investment was made through the India Business Excellence Fund (IBEF), a US$ 125m India focused private equity fund. IBEF has an investment focus of providing growth capital to Small & Medium Enterprises (SME), typically in the …

Source: by Ermanno Cece

India Aviation 2010 — a sign of hope for civil aviation sector

Further, thirteen French SMEs are present at India Aviation 2010. Aviation started in Europe with SMEs and they have always been a key element in the …

Source: The Hindu

Stimulus should continue for SMEs: FICCI chief

During the press meet, Mittal loud for making India a leading manufacturing hub, which will help in promoting micro, small and medium enterprises (MSMEs).

Source: SME Times

Awaiting RBI guidelines on new banking licence: SREI Infra

On the Budget day, finance minister said that Reserve Bank of India (RBI) is considering giving some additional banking licenses to private sector players. …

Source: Moneycontrol.com

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