Archive for the ‘SME News’ Category

SME Newsletter 15 December, 2010

See loan growth around 20% this year: Indian Overseas Bank In an interview with CNBC-TV18, AK Bansal, ED, Indian Overseas Bank (IOB), spoke about the … We are more focusing on MSME. Q: I am looking at a number, … Source: Moneycontrol.com Transasia Bags the Silver Tropgy at the 12th FIEO Niryat Shree’ Awards Transasia [...]

SME Newsletter 14 December, 2010

A multinational SME … companies in India. From an SSI it has turned its status to a multinational SME with a share capital of Rs 850 lakh and shares listed on BSE and NSE … Source: Express Pharma GST may benefit pharma MSMEs This, too, is likely to change under the GST regime, and SMEs [...]

SME Newsletter 13 December, 2010

Samriddhi Automations Private Limited bags the ‘IndiaMART Leaders … Celebrating the outstanding achievements of the entrepreneurs in the MSME space, … from the Indian business community and the MSME fraternity. … Source: Business Wire India Procurement policy needs to boost MSMEs The Confederation of Indian Industry (CII), in a report said that the criteria for [...]

SME Newsletter 10 December, 2010

MSMEs need more tax benefits: PHD Chamber … funds for SMEs to facilitate innovation, and creating conducive policy environment for SMEs operating in STPI (Software Technology Parks of India) … Source: SME Times Indian SMEs eye US dietary supplement market; gear up to obtain mandatory … is heavily dependent on India for supply of high [...]

SME Newsletter 09 December, 2010

Financial assistance to MSMEs for using Bar Code The Ministry of Micro, Small and Medium Enterprise (MSME) is providing financial … of Indian MSMEs by way of enabling usage of Bar Codes, in the country. … Source: Franchiseindia.com UP Inc flays power theft drive against MSMEs Micro, Small and Medium Enterprises (MSMEs) have flayed the [...]

SME Newsletter 08 December, 2010

Government support – are SMEs a neglected lot? It’s not surprising that more than half of Indian small and medium enterprises (SMEs) feel that they are overlooked by the government when it comes … Source: SME Times As STPI scheme ends, time for SOS Those whose ears are close to the multitude of small and [...]

SME Newsletter 07 December, 2010

Headland Capital plans India-focused VC fund We see great potential in the investments in SME sector, which finds money-lending is difficult. The new entrepreneurs in India are young and have knowledge … Source: Business Standard SME Hiring Scales New Peaks Given that in India, SMEs account for 45% of industrial output, employ over 60 million [...]

SME Newsletter 06 December, 2010

Big brother’ axes 15% of SMEs’ profit A study has found that the small and medium enterprises (SMEs) can enhance their profits by as much as 15 per cent if they received timely payments … Source: Indian Express SMEs Are Going To Be Key Drivers Of CRM Mkt Growth While there are no definitive studies [...]

SME Newsletter 03 December, 2010

Timely payments by customers can boost SME profits by 15% The smaller the SME, the weaker its receivables position tends to be. Small enterprises constitute a sizeable portion of India’s SME space and are most … Source: Moneylife Personal Finance Magazine UAE eyes SME investments from India We are keen to attract small and medium [...]

SME Newsletter 02 December, 2010

Entrepreneurial business feels overlooked and under-supported by governments Madhusudan Thakur, Country Head of workspace solutions provider Regus, comments: “In spite of its massive importance to national economy, the SME segment … Source: India Infoline. com P. Chidambaram to Honour India’s Brightest SMEs at IndiaMART The Jury Meet which took place at the ET NOW office [...]