sme sector

SBI mulls reduced interest rates for small, medium enterprises


May 29th, 2012 - 10:04 pm ICT by IANS
Chennai, May 29 (IANS) India's largest government-owned lender, State Bank of India (SBI) plans to reduce its lending rates for small and medium enterprises (SMEs) from June onwards so ... Read more...

Posted in Business |

‘Revised defence offsets policy will encourage Indian SME sector’


May 8th, 2012 - 9:12 pm ICT by IANS
Chennai, May 8 (IANS) A major portion of the defence offsets opportunity for Indian companies is in the areas of engineering outsourcing, maintenance, repair and overhaul, with the revised policy ... Read more...

Posted in Business |

Crisil to target SMEs in tier II, III towns


February 22nd, 2012 - 8:52 pm ICT by IANS
Chennai, Feb 22 (IANS) Credit rating agency Crisil Ltd is planning to rate around 100,000 small and medium enterprises (SME) by 2015 and is looking at tier II and III ... Read more...

Posted in Business |

‘India-Italy trade at 15 billion euros by 2015′


October 31st, 2011 - 8:55 pm ICT by IANS
New Delhi, Oct 31 (IANS) The government Monday said the trade between India and Italy will reach 15 billion euros ($21 billion) by 2015, from a little over six billion ... Read more...

Posted in Business |

Malawi president gets honorary degree from Delhi University


November 4th, 2010 - 5:47 pm ICT by IANS
New Delhi, Nov 4 (IANS) Four decades after he left its portals, the president of the southern African nation of Malawi, Bingu Wa Mutharika, returned to Delhi University to receive a ... Read more...

Posted in Uncategorized |

Canadian province invites Indian investors to acquire SMEs


June 6th, 2010 - 1:48 pm ICT by IANS
Chennai, June 6 (IANS) The Canadian province of Saskatchewan is inviting Indian entrepreneurs to take over small and medium enterprises (SMEs) which do not have succession plans. The province also wants Indian ... Read more...

Posted in Business |

Magma Fincorp net rises 161 percent in third quarter


January 12th, 2010 - 9:51 pm ICT by IANS
Kolkata, Jan 12 (IANS) Non-banking financial company Magma Fincorp saw its net profit rising 161 percent to Rs.17.9 crore in the third quarter, from Rs.6.9 crore it posted during the corresponding period ... Read more...

Posted in Business |

`India Corporate Week’ to be observed in December


November 16th, 2009 - 6:49 pm ICT by ANI
New Delhi, Nov.16 (ANI): "India Corporate Week" will be observed for the first time in the third week of December.Revealing this at a press conference here, Corporate Affairs Minister Salman Khurshid said ... Read more...

Posted in Feature |

‘British investors have negative perception about West Bengal’


September 14th, 2009 - 10:59 pm ICT by IANS
Kolkata, Sep 14 (IANS) The West Bengal government's decision to scrap an ambitious IT project, where companies like Infosys and Wipro were to set up units, has not gone down well with ... Read more...

Posted in Business |

Kenya, India to beef up ties in small industry sector


May 15th, 2009 - 5:09 pm ICT by IANS
By Groum Abate Addis Ababa, May 15 (IANS) In yet another indication of India's growing interest in the East African region, the country's National Small Industries Corp (NSIC) has signed an agreement with ... Read more...

Posted in Business |

‘Indian firms should focus more on patents’


April 30th, 2009 - 6:45 pm ICT by IANS
New Delhi, April 30 (IANS) Indian companies should increase spending on research and development (R&D) and focus more on patents to protect their technologies, industry experts said here Thursday. "Copying is stealing. ... Read more...

Posted in Business |

India, Finland agree to explore new areas of trade cooperation


February 6th, 2009 - 5:31 pm ICT by ANI
New Delhi, Feb 6 (ANI): Union Minister of Commerce and Industry Kamal Nath and Finland Minister for Foreign Trade and Development Dr. Paavo Vayrynen today agreed to encourage businesses to explore ... Read more...

Posted in National |

India will continue to be a magnet for FDI funds: Kamal Nath


January 19th, 2009 - 8:03 pm ICT by ANI
New Delhi, Jan 19 (ANI): Commerce Minister Kamal Nath today said that even in the current global crisis, India will continue to be a magnet for foreign direct investment (FDI) funds. ... Read more...

Posted in Business |

‘Package to revive housing sector soon’


December 11th, 2008 - 11:45 pm ICT by IANS
New Delhi, Dec 11 (IANS) Banks are planning a major financial package, including rate cuts and other incentives, to boost the housing and small and medium enterprise (SME) sectors that have been ... Read more...

Posted in Uncategorized |

Fiscal package for small enterprises on cards: minister


November 19th, 2008 - 9:45 pm ICT by IANS
New Delhi, Nov 19 (IANS) The government will provide financial assistance to small and medium enterprises (SMEs) at affordable interest rates to stimulate growth in the sector, a union minister said here ... Read more...

Posted in Business |

Global meltdown needs SMEs for business growth and CSR


November 10th, 2008 - 6:52 pm ICT by ANI
New Delhi, Nov 10 (ANI/Business Wire India): The global financial crisis has led to the increasing need of the Small and medium Enterprises (SMEs) to participate in the wider movement for ... Read more...

Posted in National |

CII, UN body ink pact to promote credit schemes


June 4th, 2008 - 9:34 pm ICT by IANS
Chennai, June 4 (IANS) The Confederation of Indian Industry-southern region (CII-SR) and UN Industrial Development Organisation (UNIDO) signed an agreement here Wednesday to promote credit schemes for micro and small and medium ... Read more...

Posted in Business |

‘African SMEs should learn from India’


March 21st, 2008 - 5:54 pm ICT by admin
New Delhi, March 21 (IANS) African small and medium enterprises (SMEs) need a complete overhauling of the system to become more organised and competitive, which it is eager to learn by increased ... Read more...

Posted in Business |

Kamal Nath calls for increasing Indo-Romanian bilateral trade


March 4th, 2008 - 10:07 pm ICT by admin
New Delhi, Mar 4 (ANI): Union Commerce and Industry Minister Kamal Nath on Tuesday called for increasing the bilateral trade between India and Romania, considering the untapped opportunities for exploiting the potential ... Read more...

Posted in Business |

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