Author RSSEndless wait for SMEs at Stephen Court to resume business
Even after a month of the mishap at the Stephen Court building in Kolkata, which left several people dead and many injured, small businesses housed in that building have still not been allowed to open their units. Many of them are waiting for the green si...
Strategy gets small businesses going
Devising a strategy is the most critical task for a company to help create value and achieve its commercial objectives. A well-documented and properly implemented strategy enables a company to get its products off the ground and help it to position itself...
Belgium seeks to strengthen ties with AP IT industry
Ralph Moreau, first secretary (science and technology), embassy of Belgium in India, on behalf of his country has expressed keen interest to forge closer trade links with companies in the IT sector of Andhra Pradesh (AP).
In a bid to enhance trade and ...
Scheme to encourage establishment of micro units in TN
The government has come up with a scheme to support 10,000 unemployed youth in Tamil Nadu (TN) by setting up micro enterprises and for this purpose it has also set aside Rs 100 crore for 2010-11. Banks will extend loans and help in ensuring proper impleme...
R&D to steer innovation among SMEs
In order to stay competitive and scale up the growth ladder, SMEs need to constantly innovate and improve their product lines. However, this can be achieved by undertaking wide range of R&D activities. From helping companies to enhance their production, e...
Biotech incubation facility to come up soon for WB SMEs
SME pharmaceutical units in West Bengal (WB) will soon be able to get access to better facilities, thanks to the state government's decision to set up a biotechnology incubation facility.
While addressing media persons on the sidelines of a seminar, Dr...
TERI, HSBC acknowledge SMEs’ CSR efforts
SMEs in India that shouldered corporate social responsibilities (CSR) have been awarded with ‘HSBC Living SME Awards', a joint endeavour by The Energy and Resources Institute (TERI) and HSBC.
Appreciating efforts undertaken by HSBC and TERI towards a...
SMEs looking to beat competition with inventory management
In the current business scenario where competition has intensified in line with multiplying opportunities, there is a need for SMEs to pay optimum attention to all aspects of management to stay ahead in the rat race. Among the diverse concepts, inventory ...
NSIT and KIIT chosen to set up incubators for Orissa entrepreneurs
The Ministry of MSMEs has chosen the National Institute of Science and Technology (NIST) in Berhampur and Kalinga Institute of Industrial Technology (KIIT) University in Orissa besides 22 other reputed institutes to fulfil its goal of setting up well-equi...
CII (NR) to focus on higher industrial growth of SMEs in the region
The Confederation of Indian Industry (CII)-Northern Region has decided to promote SMEs engaged in precision engineering and steel re-rolling in the region and encourage them to explore new opportunities in emerging as well as existing industries, includin...
SMEs to increase spending on data storage, backup services
During a crucial business session presentation, Nitin Kumar, a budding entrepreneur in the IT sector, lost all important data that he had stored in a hard drive, when his computer crashed and the system failed. Not only did he lose valuable data but he al...
Rising steel prices vex Punjab MSMEs
The recent surge in steel prices has become a serious cause of concern for the steel industry in Punjab, especially MSMEs. Irked by the hike in input costs, small industrial units have sought the Union government's intervention to regulate the steel price...
Review of Uttarakhand hill development policy on cards
The Uttarakhand government is likely to review the state hill industrial policy in order to create a favourable investment environment in the region and fuel the growth of SMEs.
"Failure of the state's hill development policy to attract major investmen...
Funding still an issue for MSMEs
A recent study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) revealed that micro and small enterprises (MSEs) are suffering severely due to lack of adequate credit availability and late payments, with most of them opera...
Small businesses blogging their way to success
Whether it is expressing anger or happiness over a particular cause, making one's Internet diary public or simply stating views on socio-political or economic issues, blogging has become the buzzword among individual Internet users as well as organisation...