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ATIRA launches incubation center for technical textiles

ATIRA launches incubation center for technical textiles

Ahmedabad Textile Industry\'s Research Association (ATIRA) today launched an incubation center for technical textiles at its existing premises in Ahmedabad. The incubation center encompass state-of-the-art machineries from Germany and Switzerland to devel

May 10, 2012  |  comments ( 0 )

PayMate launches PayPOS, a smartphone app for card payments

PayMate launches PayPOS, a smartphone app for card payments

PayMate, country’s leading mobile payment company has launched PayPOS, first of its kind smartphone application that allow small businesses to accept and process electronic transactions using credit and debit cards directly on their mobile phones at the p

May 09, 2012  |  comments ( 0 )

Winners of Accenture’s Innovation Jockeys announced

Winners of Accenture’s Innovation Jockeys announced

Accenture in partnership with Yahoo announced the winners\' of the Innovation Jockeys contest in a glittering award ceremony held at The Leela Palace Hotel in Bangalore.

April 27, 2012  |  comments ( 0 )

Kerala spreads red carpet for investment from SMEs

Kerala spreads red carpet for investment from SMEs

Seeking investments to propel its economic resurgence, Kerala rolled out a red carpet for small and medium enterprises (SMEs), corporate honchos and business tycoons from across the globe, promising them single window clearance, lucrative returns and dura

April 21, 2012  |  comments ( 0 )

SBI cut lending rates on SME and retail loans

SBI cut lending rates on SME and retail loans

State Bank of India (SBI) has decided to go for a cut in lending rates for loans to SMEs and retail sector including the loans for automobiles to benefit lenders in these segments.

April 21, 2012  |  comments ( 0 )

Government to launch portal to help setting up new businesses

Government to launch portal to help setting up new businesses

The government is in the process of launching a portal that will provide entrepreneurs the opportunity to apply for all clearances to start a business at the click of a mouse.

April 19, 2012  |  comments ( 0 )

NIT-T with UK varsity to develop SMEs management capacity

NIT-T with UK varsity to develop SMEs management capacity

National Institute of Technology–Tiruchi (NIT-T) and Brunel University, UK, have embarked on a project called ‘Management Capacity Development of Small and Medium Enterprises (SMEs)’ under the UK-India Education Research Initiative (UKIERI).

April 18, 2012  |  comments ( 0 )

India's first PPP telecom startup village inaugurated

India's first PPP telecom startup village inaugurated

The country's first telecom incubator based on the public-private-partnership (PPP) mode was inaugurated in Kochi on Sunday by Infosys co-founder Kris Gopalakrishnan to support new product initiatives so that they can be turned into successful businesses

April 17, 2012  |  comments ( 0 )

RBI proposes rehabilitation fund for sick MSMEs

RBI proposes rehabilitation fund for sick MSMEs

In the wake of rising number of sick micro, small and medium enterprises (MSMEs) in the country, the Reserve Bank of India (RBI) has suggested the government for setting up a rehabilitation fund for reviving such units.

April 16, 2012  |  comments ( 0 )

Bankers address challenges to SMEs at ASSOCHAM workshop

Bankers address challenges to SMEs at ASSOCHAM workshop

Industry body, Associated Chambers of Commerce and Industry in India (ASSOCHAM) and Ministry of Micro, Small and Medium Enterprise (MSME) brought the bankers and small medium entrepreneurs vis a vis to discuss the problem areas for SMEs, especially the in

April 13, 2012  |  comments ( 0 )

India Factoring to boost SMEs across Maharashtra

India Factoring to boost SMEs across Maharashtra

Aiming for expansion across Maharashtra, factoring major, India Factoring & Finance Solutions Pvt Ltd, a joint venture of the state-owned Punjab National Bank (PNB), along with Malta-based FIM Bank Group, Italy- based Banca IFIS, and Blend Financial Servi

April 11, 2012  |  comments ( 0 )

Tally Solutions target SMEs over greater IT adoption

Tally Solutions target SMEs over greater IT adoption

Bangalore-based business solutions software provider, Tally Solutions Pvt. Ltd. has now aimed at persuading the Small Medium Enterprises (SMEs) in the country to increase its adoption of Information Technology (IT) in the business. In order to capitalize

April 10, 2012  |  comments ( 0 )

Smesauda.com- India's first group buying portal for SMEs

Smesauda.com- India's first group buying portal for SMEs

Exploiting the large yet untapped Small Medium Enterprise (SME) sector in the booming Indian eCommerce space, Smesauda.com, a recently launched first of its kind web portal focuses on providing deals and discounts to across a wide range of IT and business

April 10, 2012  |  comments ( 0 )

Narendra Modi sets iCreate to promote entrepreneurship

Narendra Modi sets iCreate to promote entrepreneurship

Gujarat Chief Minister Narendra Modi has laid the foundation stone of International Centre of Entrepreneurship and Technology (iCreate). The incubation centre, to be headed by Infosys Chairman N R Narayan Murthy, aims to promote next generation entreprene

April 06, 2012  |  comments ( 0 )

SBI to cut lending rates for SME

SBI to cut lending rates for SME

State Bank of India (SBI) today said it would cut lending rates on loans given to small and medium enterprises (SME) this month.

April 05, 2012  |  comments ( 0 )

Snapdeal.com acquires eSportsbuy.com

Snapdeal.com acquires eSportsbuy.com

Snapdeal.com, India’s leading e-commerce company has acquired Delhi based eSportsbuy.com, which is India’s largest e-retailer of sports goods and fitness equipment.

April 04, 2012  |  comments ( 0 )

Myntra.com appoints Ganesh Subramanian as CMO

Myntra.com appoints Ganesh Subramanian as CMO

Myntra.com, the largest online retailer of lifestyle and fashion products has appointed Ganesh Subramanian as its Chief Merchandising Officer.

April 03, 2012  |  comments ( 0 )

MSMEs seek technology transfer from Ministry of Defence

MSMEs seek technology transfer from Ministry of Defence

The Ministry of Micro, Small and Medium Enterprises (MSME) has sought collaboration with the Defence Ministry to facilitate transfer of technology to small units for enabling them to manufacture defence products.

March 31, 2012  |  comments ( 0 )

Government roots for SMEs participation in defence sector

Government roots for SMEs participation in defence sector

Addressing on the occasion of annual Defexpo India 2012 inauguration, Minister of State (MOS) for Defence, Dr. Pallam Raju said that the government would encourage the participation of Small Medium Enterprises (SMEs) in the country’s defence sector by bro

March 30, 2012  |  comments ( 0 )

SMERA Assigns 15,000th SME Credit Rating

SMERA Assigns 15,000th SME Credit Rating

SME Rating Agency of India Ltd (SMERA) has assigned its 15,000th SME Credit Rating to M/s Magnum Pigments & Polymers Pvt Ltd.

March 29, 2012  |  comments ( 0 )