SME News and Views

Kumari Selja urges private sector to focus on skill development and promotion of entrepreneurship qualities among weaker section

Sme News by Jayashankar Menon on Jan 10 2013

A meeting was convened by Kumari Selja, Minister of Social Justice and Empowerment in New Delhi yesterday to take an update on the progress made by the private sector in regard to the Affirmative Action for the benefit of weaker sections, especially the Scheduled Castes and Scheduled Tribes.

Saraf Agencies confirms commitment to 50bn titanium project in Odisha

Sme News by deepika on Jan 10 2013

Saraf Agencies located in Kolkata has confirmed the commitment made to the Rs. 50 billion titanium project, proposed to come up at Chhatrapur in Ganjam district of Odisha state, even though the Russian joint venture partner has dropped out of the project.

McDonald’s launches first restaurant in Mysore

Sme News by Saleem S A on Jan 9 2013

McDonald's Restaurants announced the launch of its first store in the city of Mysore.

Pepper prices surge by nearly 1 per cent

Sme News by Saleem S A on Jan 9 2013

Pepper prices surged by nearly 1 per cent to Rs 34,300 per quintal in futures trading on Wednesday, as speculators covered—up their short positions at prevailing levels.

Teachers Lab reinvents boundaries in education

Sme News by Jayashankar Menon on Jan 9 2013

‘Teachers Lab’, a unique offering to 30 young graduates and professionals provides an opportunity to transform today’s teaching methods and culture.

Jeera stocks gain on higher demand

Sme News by Saleem S A on Jan 7 2013

Jeera stocks on NCDEX opened higher at Rs 14,407 a quintal on Monday against the previous close of Rs 14,370.

Havells India inks fresh trademark license pact

Sme News by Saleem S A on Jan 7 2013

Electrical goods maker Havells India has inked a pact with a promoter entity whereby the trademark ‘Havells’ would be transferred to the company.

Two-day MSME vendor development programme starts at KPT Mangalore today

Sme News by Jayashankar Menon on Jan 5 2013

The MSME Development Institute, Ministry of MSME, Government of India, Yeyyadi is organising a two-day National Vendor Development Programme cum Exhibition at Karnataka Government Polytechnic on January 5-6,2013.

Government of India’s decision to hike the import duty yet again is set to affect the gem and jewellery sector badly

Sme News by Jayashankar Menon on Jan 4 2013

All India Gems and Jewellery Trade Federation (GJF) has expressed their discontentment on the news that aired on January 2, 2013 where the Union Government announced that it was intending to increase the import duty on gold yet again from 4-5 percent.

Silver prices rise by Rs 734 to Rs 59,204 per kg

Sme News by Saleem S A on Jan 3 2013

Silver prices shot up further at the bullion market by Rs 734 to Rs 59,204 per kg in futures trade today due to heavy speculative and stockist buying triggered by bullish overseas trend.

Andhra Paper Mills pull out this fiscal year to March

Sme News by deepika on Jan 3 2013

Andhra Pradesh Paper Mills Ltd has pulled out the financial year to 15 months

Chana futures open slightly higher at Rs 3,925 per quintal

Sme News by deepika on Jan 3 2013

Chana futures on NCDEX opened slightly higher at Rs 3,925 a quintal on Thursday against the previous close of Rs 3,923

Ratan Tata retires today

Sme News by Saleem S A on Dec 28 2012

Ratan Tata, who led the transformation of the Tata group from a conventional corporate house into a $100 billion global conglomerate with high-profile acquisitions abroad, retires today ending a 50-year run in one of India's oldest business empires.

Sterlite to add another 80 MW in Tuticorin

Sme News by Saleem S A on Dec 28 2012

In the power-starved state of Tamil Nadu any addition to electricity generation capacity, howsoever small, helps. In a few months, the State is likely to get 100 MW of capacity—from Sterlite Industries.

Kalpataru Power Transmission receives new orders worth Rs 955 crore

Sme News by Saleem S A on Dec 27 2012

Kalpataru Power Transmission Ltd (KPTL) is a Leading Turnkey Player in Power, Infrastructure and Asset Creation has bagged new orders worth over Rs 955 crore, including overseas projects.