Archive for March, 2010

SME News: 23 March 2010

Dedicated bourse for SMEs sought Mr Muralidhar Rao, Chief General Manager, Market Regulations, Securities & Exchange Board of India, explained the various problems the SMEs faced in raising … Source: SME Times FICCI to establish IP Facilitation Centres across the country for MSMEs … office will be linked to FICCI state offices in Kolkata, Jaipur, [...]

Legal Tip of the Day 22 March, 2010

A worker has to work at any place as directed by the Employer Transfer is the part and parcel of employment. Transfer refers to change in job that involve little or not change in status, pay or responsibility. The object of transfer is to increase the effectiveness of the organisation, its profitability and its service. [...]

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SME News: 22 March 2010

US visit successful: Sharma Underscoring the focus on Small and Medium Enterprises, he added, “Ron Kirk and I have also announced the launch of an Indo-US initiative integrating US and … Source: The Hindu Any number that you come up with is probably going to be wildly wrong Even more important, the ceremony that we [...]

SERVICE TAX – ELECTRONIC PAYMENT AND RETURN FILING

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3 SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) ***** Notification No. 01/2010 – Service Tax New Delhi, the 19TH February 2010 G.S.R.    (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 94 of the [...]

Tip of the Day 19 March, 2010

Customers get the… Customers get the suppliers they deserve and vice versa. Companies get the people they deserve and vice versa. – Rajeev Karwal

SME News: 19 March 2010

US, India ink framework for trade ties "Further, we have recognized the contribution and potential of small and medium enterprises in our trade and investment agenda by adopting the SME … Source: Rediff HSBC signs pact to fund India green energy projects The deal will see HSBC finance BEE-accredited firms working on energy efficiency projects [...]

SME News: 18 March 2010

India, US sign trade and investment agreement … agreement would encourage development of small and medium enterprises, and also help with the deployment of clean energy and environmental technologies. … Source: The Hindu Reliance Comm, Polycom in videoconferencing pact This will expand our coverage… for corporates, SME’s (small & medium enterprises) and also for events," [...]

SME News: 17 March 2010

MSMEs contribution to GDP The Finance Ministry said the micro, small and medium enterprises are expected to raise their contribution to GDP to 10 per cent soon from the current level … Source: Central Chronicle More disclosure needed on NPAs: RBI Roopa Kudva, managing director and chief executive officer, CRISIL said, "What we are seeing [...]

SME News: 16 March 2010

RBI tells banks to disclose more informatiom on NPAs The Reserve bank of India (RBI) has asked banks to reveal more information on their market operations, including data related to top 20 depositors, 20 largest borrowers… Source: Business Standard More SMEs getting themselves rated Small and medium enterprises (SMEs) finally seem to be getting the [...]

SME News: 15 March 2010

  Surplus liquidity in Indian market: Allahabad Bank CMD He maintained the base rate would usher in more transparency in the lending operations and benefit micro, small and medium enterprises (MSMEs) by checking … Source: Business Standard SBI may mobilise Rs 1000 crore for General Insurance The recoveries were effected only from export oriented small [...]