SME News and Views

Lava to unveil tablet PC below Rs 10,000 in August 2012

Sme News by Saleem S A on Jun 18 2012

Mobile phone manufacturer Lava is contemplating on investing in excess of Rs 55 crore this year as part of its strategy to enhance its R&D prowess, besides launching a tablet PC for less than Rs 10,000 in August this year.

Citi Volunteers commemorate its 200th Anniversary on Annual Global Community Day in India

Sme News by Jayashankar Menon on Jun 17 2012

Citi reinforced its ongoing and long-standing commitment to supporting and nurturing communities by marking its 200th anniversary on Saturday, June 16, 2012 with its seventh annual Global Community Day.

Coal India Limited would meet production slips

Sme News by Saleem S A on Jun 15 2012

Coal India Limited has missed production target in the first quarter last fiscal largely due to heavy rains, has drawn up strategies to ensure that output does not slip this monsoon season.

RINL receives proposal from the Saudi Arabian Government

Sme News by Saleem S A on Jun 15 2012

RINL has received a proposal from the Saudi Arabian Government to revive a sick steel unit in that country and shortly a technical team from Rajhi Steel of Saudi Arabia will visit Visakhapatnam within a month to hold discussions with Rashtriya Ispat Nigam Limited to explore setting up a three million tonne steel plant and exploring revival of the existing steel plant at Riyadh

Footwear industry records 40% export growth

Sme News by KR Iyer on Jun 15 2012

India's footwear industry has recorded 40 per cent export growth during the last five years achieving US$ 1732.04 million in 2010-11 compared to US $1236.91 recorded during 2006-07.

Government Plans to increase Urea prices by Ten percent

Sme News by Prajisha Sivasankaran on Jun 14 2012

Government may increase the price of Urea by 10 percent due to the increase in minimum support price for kharif corps. The Cabinet Committee on Economic Affairs (CCEA) will meet Thursday to take a decision on raising prices of urea.

India to unveil 3,000 MW solar power projects

Sme News by Saleem S A on Jun 13 2012

The Government of India is working on a plan to roll out 3,000 MW of grid connected solar power projects in phase II of the Jawaharlal Nehru National Solar Mission.

Italian furniture major Natuzzi to widen its footprint in India

Sme News by Prajisha Sivasankaran on Jun 13 2012

Leading name in the Italian furniture and upholstery industry, Natuzzi is contemplating on widening its footprint with its current flagship outlet in Delhi to 20 shops-in-shop stores pan India by end of this year.

Krishidhan Seeds introduce Praja, a new variety of BT Cotton seed

Sme News by Chitra.G on Jun 13 2012

Agri-biotech and plant breeding firm Krishidhan Seeds, a developer of commercial hybrid seeds for Indian agriculture market has announced the launch of Praja, a new variety of BT cotton seed.

Indian sea food exports touch Rs 16,500 crore in 2011-12

Sme News by Chitra.G on Jun 12 2012

Indian seafood exports touched Rs 16,500 crore in 2011-12 with Southeast Asia toppling Europe as the largest buyer of Indian marine products.

Major thrust on food processing as India is investing Rs 241 crore in setting up abattoirs

Sme News by Prajisha Sivasankaran on Jun 12 2012

The Indian Ministry of Food Processing Industries (MoFPI) is laying major emphasis on implementing schemes to scale up infrastructure projects for the food processing industry by investing Rs 241 crore for establishing new abattoirs and ramping up the existing ones.

Essar Steel's 19 MW heat recovery power plant goes on stream at Hazira

Sme News by Saleem S A on Jun 11 2012

Essar Steel India has commissioned a 19 MW heat recovery power plant at Hazira.

ICCA to organise a seminar on Food Safety in Kochi on June 16, 2012

Sme News by Prajisha Sivasankaran on Jun 11 2012

The Indian Chamber of Commerce and Industry and CQM Quality Management are jointly organising a seminar on Food Safety and Standards Act 2006 and its impact on food industry on June 16, 2012 at Hotel Avenue Regent.

India to sell three million tonnes of wheat in domestic market

Sme News by Prajisha Sivasankaran on Jun 8 2012

The Government of India might as well offer three million tonnes of wheat through the open market sale scheme.

Handicraft exports register 12 percent growth at $ 205 million in May 2012

Sme News by Chitra.G on Jun 8 2012

The Indian handicraft exports showed an upward surge of around twelve percent year-on-year to $ 205 million in May this year despite demand slowdown in western markets like Europe in contrast with $ 183 million in the year ago period.