SME News and Views

Mahindra Seva Saptah service camp in Chattisgarh from May 15-23, 2013

Sme News by Jayashankar Menon on May 21 2013

Mahindra & Mahindra's farm equipment sector had unveiled the Mahindra Seva Saptah in Chattisgargh recently.

Electrolux unveils water purifiers in India by June 2013

Sme News by deepika on May 21 2013

Swedish multinational house hold appliances global giant, Electrolux will launch premium RO water purifiers in the Indian market. The Indian water purifiers industry once again likely to heat up as another global household appliance major, Electrolux has decided to taste the fruit of pure water business.

Indian gold price rise to Rs 26,274 per 10 grams

Sme News by Saleem S A on May 21 2013

Gold prices in the country moved up by 0.27 percent or Rs 70 to Rs 26,274 per ten grams, amid speculation taking positive cues from the global market.

Godrej Consumer Products to introduce paper format mosquito repellent in India

Sme News by Saleem S A on May 20 2013

Home insecticide business of Godrej Consumer Products has earned much profit by the incidences of Dengue and Malaria disease in the country. The company’s ground-breaking paper coil, named Hit Magic Paper in Indonesia, has also turned around the fortunes of the company in the region, according to BL report.

It may not be a cakewalk for global retailers in India

Sme News by Saleem S A on May 20 2013

Global retailers might as well find a slew of impediments such as quality space and affordable rentals.

Techno Electric and Engineering posts a 31 per cent drop in standalone net profit Q4

Sme News by deepika on May 20 2013

Techno Electric and Engineering Co Ltd has posted a standalone net profit of Rs 65 lakh in the fourth quarter of FY1013 against a net profit of Rs 18 crore in the same quarter of FY2012

Franchise Retail Show FRO2013 to be held in Mumbai from May 18-19, 2013

Sme News by Jayashankar Menon on May 17 2013

FRO2013, the 61st National Franchise and Retail Show 2013 will provide direct opportunity to investors and companies to interact freely and explore prospective franchise partners for further expansion at multiple locations.

REpower systems bagged 580-MW orders in last three months

Sme News by Saleem S A on May 16 2013

REpower Systems, the subsidiary company of Suzlon Group has bagged 580-MW capacity orders in the past three months from various countries.

L&T Construction bags new orders worth Rs 2,542 crore

Sme News by Saleem S A on May 16 2013

Larsen & Toubro construction bags the new orders worth Rs 2,542 crore across various business segments in April and May 2013.

Ballarpur Industries posts a 55 per cent drop in Q3 2013 net profit at Rs 12.56 crore

Sme News by deepika on May 16 2013

Ballarpur Industries Ltd (BILT) posted a 54.88 per cent decline in consolidated net profit at Rs 12.56 crore for the quarter ended March 31, 2013

KNR Constructions bags Kerala tollway project

Sme News by Saleem S A on May 15 2013

KNR Constructions Limited has bagged Rs. 900.51 crore National Highway tollway project to be executed by the company in Kerala. The project was awarded by the National Highways Authority of India is being executed through its subsidiary KNR Walayar Tollways Private Ltd.

AirAsia India appoints Mittu Chandilya as CEO

Sme News by Saleem S A on May 15 2013

On Wednesday, AirAsia India appoints Singapore based management consultant Mittu Chandilya as its CEO (Chief Executive Officer). The founder of AirAsia ‘Tony Fernandes’ announced via his official twitter handle that the board appointed Mittu Chandilya as the CEO of the company.

Silver prices dip 0.25 percent on global market

Sme News by Saleem S A on May 14 2013

Silver prices on Tuesday tumbled by 0.25 percent to Rs 45,006 per kg in global market, as speculators partially offloaded positions.

Apparel market grows rapidly in online retail, India

Sme News by Saleem S A on May 14 2013

India’s apparel market rapid growing in e-commerce, India and rising urbanization have spawned a new class of consumers with more money to spend, and a growing passion for fashion.

Steelcast posts a net profit of 39 per cent at Rs 19.65 crore in FY13

Sme News by Saleem S A on May 13 2013

Steelcast Ltd, Gujarat-based steel casting manufacturer on Monday posated a 39.3 per cent jump in net profit and 21.1 per cent in net sales in the financial year ended March 31, 2013, compared with the corresponding period last fiscal, due to strong domestic and export demand.