SME News and Views

Panasonic plans for hiring over 3,500 people by 2018

Sme News by Saleem S A on Dec 12 2012

Electronics giant Panasonic plans to hire over 3,500 people by 2018 at its newly inaugurated plant set up here with an investment of $200 million (nearly Rs 900 crore).

Mercedes Benz India decides to raise price from Jan 2013

Sme News by Saleem S A on Dec 12 2012

Mercedes-Benz India will revise the prices of all its models to upwards effective January 2013. A constant increase in input costs and unfavorable exchange rates coupled with inflation posed a severe strain on margins.

H&R Johnson and Walt Disney together rolls out Disney branded ceramic tiles

Sme News by deepika on Dec 12 2012

One of the reputed company H&R Johnson India joined hands with Walt Disney to launch Disney branded ceramic tiles

Vedanta ties up with IBM to create an IT infrastructure for resource planning

Sme News by Saleem S A on Dec 11 2012

A globally diversified natural resources group “Vedanta” has tied up with IBM to create an IT infrastructure for the resource planning system of their power business. IBM, leveraging its BladeCenter and System X storage portfolio will help Vedanta to enhance its overall management system and reduce costs, according to BL report.

Rising demand to push India’s textile machinery exports

Sme News by Saleem S A on Dec 11 2012

India International Textile Machinery Exhibition (ITME) Chairman “RS Bachkaniwala” says that due to rising demand for spinning machinery and components of textile machinery is likely to push India’s textile machinery exports for the current fiscal by 16.67 percent to Rs. 14 billion, Last fiscal, India exported textile machinery worth Rs. 12 billion.

Coconut oil price increases owing to low arrival of copra

Sme News by Dheepika G P on Dec 11 2012

Coconut oil price has increased in Kerala and Tamil Nadu owing to low arrival of copra. This has resulted in a spurt in prices at Rs 67 per kg in Kerala (Rs 61.50) and Rs 66 in Tamil Nadu (Rs 59.50)

D-Link brings suveillance into the palm of your hand

Sme News by Jayashankar Menon on Dec 10 2012

D-Link has announced the release of the D-ViewCam Mobile App for iOS and Android-based devices.

Crude Oil prices rising up Rs 4,703 per barrel

Sme News by Saleem S A on Dec 10 2012

Crude oil price rises up Rs. 4,703 per barrel by taking up a position in the crude oil futures market.

Gold prices go down at Rs 31,348 in global market

Sme News by Saleem S A on Dec 10 2012

Gold prices fell from a record high to end at Rs 31,348 per 10 grams on Monday against the previous close of Rs 31,326. It made a high of Rs 31,408 and low of Rs 31,331.

Global mining and machinery expo attracts 211 exhibitors from India and abroad

Sme News by Dheepika G P on Dec 6 2012

The 11th Global Mining and Machinery Expo attracted more than 211 exhibitors on the fourth day of the event

Eli Lilly and Strides Arcolab signs the agreement for cancer drug delivery

Sme News by Saleem S A on Dec 5 2012

US based drug manufacturer Eli Lilly and Bangalore based Strides Arcolab Ltd have signed a collaboration agreement to expand the delivery of cancer medicines in the emerging markets.

Velan Inc valve manufacturer sets up new unit in Coimbatore

Sme News by Saleem S A on Dec 5 2012

Velan Valves India Pvt. Ltd. (VVI), a wholly owned subsidiary of Velan Inc., the Canadian industrial valve manufacturer sets up new manufacturing facility at an investment of nearly $10 million in Coimbatore.

CupoNation offers huge assortment of electronic coupons in India

Sme News by Jayashankar Menon on Dec 5 2012

CupoNation, the home for the largest collection of voucher codes in India, offers you a huge assortment of Electronics Coupons.

MeadWestvaco Corporation completes gaining of Ruby Macons

Sme News by Saleem S A on Dec 4 2012

US based packaging and packaging solutions provider “MeadWestvaco Corporation”, today have announced completion of the purchase of Ruby Macons Ltd, producer and market leader of high-quality corrugated packaging materials in India, which has manufacturing facilities at Vapi and Morai in south Gujarat.

Indian Tobacco Farmers vexed at no representation at WHO meet

Sme News by Saleem S A on Dec 4 2012

Indian farmers of tobacco are not happy due to their repeated requests to include representatives from the Ministry of Agriculture and Tobacco Board at WHO Conference of Parties (COP 5) held in South Korea last month were ignored.