SME News and Views

Castorseed on poor demand, rain in growing regions

Sme News by Saleem S A on Sep 20 2012

India is the largest producer of castorseed in the world and the biggest exporter of castor oil. Castorseed futures that rebounded at the beginning of this month turned bearish on Thursday, sliding over 2 per cent.

Eon Electric starts production of Lithium Ion Batteries at its Haridwar plant

Sme News by Jayashankar Menon on Sep 18 2012

Eon Electric, formerly IndoAsian Fusegear Limited, one of India's leading electric equipment manufacturer will upgrade pilot plant into the country's first Greenfield plant in 2012-13.

Price of chana likely to dip in the future

Sme News by Dheepika G P on Sep 18 2012

Price of the rabi crop chana likely to dip from its low on the NCDEX (National Commodity and Derivatives Exchange Ltd) even as the overall sentiment remains weak due to tepid demand

Pest attack results damage of cotton crop in Punjab

Sme News by Dheepika G P on Sep 17 2012

Pests such as white-fly and mealy bug attacked cotton crop in the north Indian state of Punjab resulting in the damage of the crop due to which the Punjab Agricultural University (PAU) called farmers in the state to take necessary recommended steps to avert damage, according to a fibre2fashion report.

Home Et TU launches contemorary home decor options

Sme News by Jayashankar Menon on Sep 17 2012

Home ET TU, a premium high end design store at Gallery on MG, MG Road New Delhi, promoted by Honey Jolly has unveiled the contemporary home decore options.

Government plans to cancel more coal mining license

Sme News by Saleem S A on Sep 14 2012

The government had decided to de-allocate four blocks and to deduct bank guarantees of three others belonging to private companies for failing to meet timelines on production and development of mines.

Indian specialty chemicals industry posts 14 per cent growth this year

Sme News by Dheepika G P on Sep 14 2012

One of the key reasons of growth in the chemical industry, India’s specialty chemicals industry has seen 14 per cent growth in the current year, Jose Cyriac, Secretary, Union Chemicals and Petrochemicals Secretary announced.

Symphony goals Rs 500 crore business in FY 2013

Sme News by Saleem S A on Sep 13 2012

Symphony is one of the renowned manufacturer of Air Cooler is aims to Rs.500 Crore global turnover with grow by 59 per cent in FY'13, including Rs 100 crore in sales from its new industrial and commercial segment in India.

Coal India growth increases 6.8 percent during April to August 2012

Sme News by Saleem S A on Sep 12 2012

Coal India Ltd has increases the production of coal by 6.8 percent during April to August 2012 against the same period last year.

Hyundai Rotem supplies rolling stock for metro rail in Hyderabad

Sme News by Saleem S A on Sep 11 2012

L&T Metro Rail (Hyderabad) Ltd has picked Hyundai Rotem for the supply of rolling stocks, the order cost Rs 1,800 crore is for the supply of 171 cars (57 trains). Hyundai Rotem is a South Korean company manufacturing rolling stock, defense products and plant equipment. It is part of the Hyundai Motor Group.

Britannia takeoffs Flavoured Yoghurt in 3 flavours

Sme News by Saleem S A on Sep 10 2012

Britannia is one of the prominent manufacturer of food items with a diverse portfolio of products in biscuits, bakery and dairy categories, has launched its range of Flavored Yoghurt, fortified with 5 active nutrients: Iron, Iodine, Calcium, Zinc and Vitamin A.

Somany Ceramics plans to have 100 retail outlets by end 2012

Sme News by Saleem S A on Sep 7 2012

Somany Ceramics is scheduling to have 100 showrooms by adding 13 new outlets in this year end 2012, including over 50 exclusive ones. Recently, it has introduced fourth exclusive showroom in Gujarat.

D-link introduces wireless cloud routers, DIR-636L and DIR-826L

Sme News by Jayashankar Menon on Sep 7 2012

D-Link today introduced the latest additions to its line of wireless cloud routers configurable and manageable from a mobile device.

AP legislative committee members impressed with developments inside SriCity

Sme News by Jayashankar Menon on Sep 7 2012

The Andhra Pradesh Legislative Committee on Public Accounts consisting of Assembly and Council members today visited Sri City, South India’s largest, an emerging world-class Integrated Business City with a Special Economic Zone (SEZ) and a Domestic Tariff Zone (DTZ), to explore the possibilities to take the branch canal of Telugu Ganga beyond SriCity and to supply canal water to the villages around SriCity like Chilamathur, Chedalapakam and Bathalavalam.

Chennai SME firm Thejo Engineering IPO oversubsribed 1.16 times

Sme News by Jayashankar Menon on Sep 6 2012

The initial public offering (IPO) of the Chennai-based Thejo Engineering, the first company proposed to be listed on National Stock Exchange’s SME platform, was over subscribed 1.16 times on the last day of the issue today.