SME News and Views

Shriram Life Insurance launches new product money back term plan

Sme News by Jayashankar Menon on Nov 8 2012

Shriram Life Insurance Company Limited, a joint venture of the financial services major, Shriram group and Sanlam of South Africa, recently announced the launch of ‘Shriram Life New Money Back Term Plan’.

Indraprastha Gas has posted 30 percent jump in net profit

Sme News by Saleem S A on Nov 7 2012

Indraprastha Gas Ltd (IGL), which is based at Delhi have jumped up a near 40 percent to Rs 99.2 cr in net profit in second quarter of current fiscal compared to the same period last year.

Cadila Healthcare reports dip in net profit at Rs 95.14 crore in September 2012

Sme News by Dheepika G P on Nov 7 2012

Cadila Healthcare has posted a 7.34 per cent dip in consolidated net profit at Rs 95.14 crore for the quarter ended September 30, 2012 mainly on account of increase in the cost of raw materials

Elder Pharmaceuticals posts 22 per cent increase in Q2 profit

Sme News by Dheepika G P on Nov 6 2012

Elder Pharmaceuticals has posted a 22 per cent increase in Q2 profit that is Rs 23.60 crore for the second quarter ended September 30, 2012 against Rs 19.35 crore.

Tech Mahindra profit increases by 47 percent at Rs 160.13 in September 2012

Sme News by Saleem S A on Nov 5 2012

India’s sixth largest software exporter ‘Tech Mahindra’, have rises the profit with a 46.57 percent to Rs. 160.13 crore for the quarter ended September 30, 2012.

D-Link Helps Businesses Grow their Networks with Launch of Managed SmartPro Switch Series

Sme News by Jayashankar Menon on Nov 2 2012

DGS-1500 Managed SmartPro series delivers managed switch functionality at a competitive price point.

Coffee exports in India dip by 7 per cent in the current fiscal

Sme News by Dheepika G P on Nov 2 2012

Coffee exports in India dip by 7 per cent to 2.81 lakh tonnes in the first 10 months of the current calendar year on account of drop in shipments of the Robusta variety.

Indian homeland security market to reach Rs 1.18 lakh crore by 2017

Sme News by KR Iyer on Nov 2 2012

The homeland security market in India is likely to reach about Rs 1.18 lakh crore by 2017 from the current level of over Rs 80,000 crore, according to an ASSOCHAM-Aviotech study on homeland security.

JK Paper Ltd will again increase the price of uncoated paper products

Sme News by Dheepika G P on Nov 1 2012

JK Paper Ltd would increase the price of uncoated paper products late this month or early December to partly pass on the increase in diesel, coal and other raw material prices, according to a BL report.

Jindal SAW posts 13.73 per cent increase in the net profit

Sme News by Dheepika G P on Oct 30 2012

Jindal SAW has posted a 13.73 per cent increase in the net profit at Rs 61.11 crore for the second quarter ended September 30, largely on increased revenues, according to a BL report.

FCIA seeks Tamil Nadu Government to supply continuous power for eight hours daily

Sme News by Jayashankar Menon on Oct 27 2012

Over 20,000 small and medium industries in the region downed their shutters today to protest against continued power outages ranging from 12 to 14 hours, even as the Federation of Coimbatore Industrial Associations (FCIA) sought Tamil Nadu Government to supply continuous power for eight hours daily.

Microsoft Windows 8 launched in India

Sme News by Jayashankar Menon on Oct 26 2012

Microsoft today announced the availability of Windows 8 for its customers in India and around the world.

Delhi Duty Free presents first-of-its-kind contest on Facebook

Sme News by Jayashankar Menon on Oct 26 2012

DDFS launched ‘World Traveller Contest’ to engage its fan base.

Panasonic India to start new manufacturing unit in Rajasthan

Sme News by Dheepika G P on Oct 26 2012

One of the famous electrical and electronics concern Panasonic India is all ready to set up its new manufacturing unit in Rajasthan and will be completed in November 2012

ASSOCHAM sduty finds 25 percent of SMEs in Punjab and Haryana on the verge of closure

Sme News by Jayashankar Menon on Oct 25 2012

More than 25 percent of SME units in Punjab, Haryana, Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Rajasthan and some other states have either closed their shutters or are struggling for survival.