SME News and Views

Cipla Ltd appoints new CEO Subhanu Saxena

Sme News by Dheepika G P on Nov 22 2012

One of the renowned Pharmaceutical industry Cipla Ltd has appointed new Chief Executive Officer Subhanu Saxena. He will assume the new position on February 1, 2013 and report to the Chairman and the Board of Directors of the company.

Pepper prices corrected sharply in this week

Sme News by Dheepika G P on Nov 21 2012

Pepper prices were under pressure on Wednesday as correction set in the counter. Over the last couple of days, prices have corrected sharply on reports that the FMC has launched a probe into complaints against pepper market movement, according to a BL report.

Gujarat Power Corporation is awarded for contributing to energy sector

Sme News by Saleem S A on Nov 21 2012

The Gujarat Power Corporation (Gujarat Solar Park) has been conferred upon the 10th Wartsila-Mantosh Sondhi Award for significant contribution to the Indian energy sector. The award was given by Wartsila India Ltd, according to ET report.

Beverage manufacturers spends on waste water treatment to double by 2016

Sme News by Saleem S A on Nov 21 2012

The combined growth of the dairy and beverage sectors in India drives its water and waste water treatment solutions is projected to almost double from Rs 278 crore in 2011 to Rs 538 crore in 2016, according to BL report.

MSME, COWE to jointly organise expo in Hyderabad during November 24-25, 2012

Sme News by Jayashankar Menon on Nov 20 2012

The Micro, Small and Medium Enterprises Development Institute (MSME) and the Confederation of Women Entrepreneurs (COWE), will jointly conduct an exhibition cum national vendor development programme in Hyderabad during November 24-25, 2012.

Larsen and Toubro earns orders worth Rs 2,503 cr

Sme News by Saleem S A on Nov 20 2012

Larsen and Toubro (L&T) Construction have won new orders worth Rs 2,503 crore across various segments, according to BL report.

Global Gas-fired Power Generation Set to See Strong Growth

Sme News by Saleem S A on Nov 20 2012

Gas as a favoured fuel for power generation seems to be gaining ground. Global gas-fired power generation is set to see strong growth noted Frost & Sullivan Analysis, according BL report.

Maize meets in good industrial demand

Sme News by Saleem S A on Nov 19 2012

Maize prices rallied on a positive note on Monday. They gained 2 per cent on poor kharif crop arrivals and good industrial demand. A rise in wheat prices also aided the trend, according to BL report.

Silver prices moves up to Rs 61,186 per kg

Sme News by Saleem S A on Nov 19 2012

Silver prices rises up and about Rs 306 to Rs 61,186 per kg at the futures trade today as speculators enlarged their positions, taking positive cues from overseas markets, according to BL report.

Planman Media announces PowerBrands Glam 2013

Sme News by Jayashankar Menon on Nov 19 2012

PowerBrands Rising Stars – The Next-Gen Brand Bible - an initiative to expand SMEs' horizons providing them a next step in their growth will be unveiled too at Las Vegas next year along with other compilations.

UAE petrochemical trading firm to set up a $1bn petrochemical complex in India

Sme News by Dheepika G P on Nov 16 2012

A UAE-based major polymer and petrochemical trading firm has planned to set up a $1bn petrochemical complex in any of the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) across India, according to a fibre2fashion report.

First shipment of RN Photo Coatings' ceramic mug flagged off from Sri City

Sme News by Jayashankar Menon on Nov 16 2012

Mike Nithavrianakis, Deputy High Commissioner of UK to India flagged off the first shipment of coated ceramic products manufactured by RN Photo Coatings from Sri City to Britain.

India releases Rs 1,276 crore to support MSME projects

Sme News by Jayashankar Menon on Nov 14 2012

The Government of India has released Rs 1,276 crore in the current fiscal to support 53,826 projects, which are expected to generate around 4.31 lakh jobs, Minister of Micro, Small and Medium Enterprises (MSME), KH Muniyappa said yesterday.

Cummins India posts 26 per cent increase in net profit

Sme News by Dheepika G P on Nov 9 2012

Engines manufacturer Cummins India Ltd has posted a 26 per cent increase in the net profit of Rs 161 crore during the second quarter ended September 30, 2012 versus Rs 128 crore in the same quarter of the previous fiscal.

Cipla Limited cuts prices on three cancer drugs

Sme News by Saleem S A on Nov 8 2012

Cipla Ltd cut prices of three cancer drugs between 50% and 64% with immediate effect, after it announced similar price cuts for three drugs early this year.