Archive for October, 2010

SME Newsletter 28 Oct, 2010

Govt. mulls Cloud Computing scheme for MSMEs The Ministry of Micro, Small and Medium Enterprises (MSMEs) is considering to introduce a scheme on Cloud Computing to help Indian Micro, Small, … Source: SME Times US looking for joint venture with Indian SMEs This is evidenced by last month’s visit of Under Secretary of Commerce Sanchez, [...]

SME Newsletter 27 Oct, 2010

Govt invites US SMEs to form JVs in India “I am sure that the SMEs (small and medium enterprises) would assume a top priority during the US President (Barack Obama’s) visit to India, … Source: Livemint Nothing seems right for exporters, MSMEs The under valuation of the Yuan meanwhile stands to adversely impact Indian exports [...]

SME Newsletter 26 Oct, 2010

SME confidence up, but not on exports Confidence of the Small and Medium Enterprise (SME) sector for the last quarter of this calendar year has risen surprisingly on the upside, … Source: SME Times Proposal to dilute procurement policy to help small units In a setback to micro and small enterprises (MSEs), the administrative ministry [...]

SME Newsletter 25 Oct, 2010

SMEs bullish on business in Oct-Dec quarter: CII survey While there is no separate data on SMEs, India’s micro, small and medium enterprises (MSMEs) sector contributes 8 per cent of the country’s GDP … Source: Economic Times Session on Finance Management for SMEs India Oct – CII Seminar on Modern Trends in Construction Coimbatore Tamil [...]

SME Newsletter 22 Oct, 2010

Central Bank, Bajaj Finance in tie-up for retail, SME lending Public sector Central Bank of India and Bajaj Finance, a leading non-bank finance company, today forged an alliance to co-finance retail and SME loans … Source: IBNLive ERP implementation in SME’s Most of the SMEs are uncomfortable to implement ERP, mainly due to high failure [...]

SME Newsletter 21 Oct, 2010

New diamond trading hub to boost SME exports The trading hub, which is expected to become operational in a few months, is likely to attract more foreign diamond traders to India … Source: IndiaCompanyNews Accra SME event to stimulate private sector growth An international business conference and exhibition aimed at growing businesses, promoting an enabling [...]

SME Newsletter 20 Oct, 2010

Incremental innovation protection models to help MSMEs Patents for incremental innovations or Utility Patent Models and its benefit to Micro Small and Medium Enterprise (MSME) needs to be studied and initiated," said P H Kurian … Source: SME Times SME flower exporters on sticky grounds In the wake of increased domestic demand for flowers, export [...]

SME Newsletter 19 Oct, 2010

SMEs in Bangalore to be rated on emission levels M Bhaskar, director, finance & general administration, at TUV Rheinland India, said the programme had helped make the participating companies more aware of … Source: Business Standard Punjab National Bank The Joint Venture Company will provide factoring, forfaiting and trade finance solutions, primarily to SMEs & [...]

SME Newsletter 18 Oct, 2010

MSMEs must innovate to grow Promotion of innovation and cutting edge technology are essential ingredients for repositioning of Indian MSMEs in the changing global scenario … Source: Financial Express Franchise India launches capital services to serve small businesses The new service will offer specialty in four segments M&A advisory, Private Equity advisory, Debt Syndication and [...]

SME Newsletter 13 Oct, 2010

Standard Chartered to help SMEs leverage its global network Standard Chartered Bank today announced the strengthening of its customer services for the Small and Medium Enterprises which will help them leverage its network across fast growing markets in Asia, Africa … Source: webindia123. com SME’s – A Playground of Opportunities!!! SMEs Provides employment to approximately [...]