http://smehorizon.sulekha.com/sme_rss Latest sme industry news & views en-us © 1998-2011 Copyright Sulekha.com., All Rights Reserved. http://smehorizon.sulekha.com/images/sme-horizon.png http://smehorizon.sulekha.com/ 140 70 Visit Smehorizon.Sulekha.com http://smehorizon.sulekha.com/mahindra-seva-saptah-service-camp-in-chattisgarh-from_sme-viewsitem_11799 Mahindra & Mahindra's farm equipment sector had unveiled the Mahindra Seva Saptah in Chattisgargh recently. Tue, 21 May 2013 13:19:23 GMT http://smehorizon.sulekha.com/electrolux-unveils-water-purifiers-in-india-by-june_sme-viewsitem_11797 Swedish multinational house hold appliances global giant, Electrolux will launch premium RO water purifiers in the Indian market. The Indian water purifiers industry once again likely to heat up as another global household appliance major, Electrolux has decided to taste the fruit of pure water business. Tue, 21 May 2013 13:10:21 GMT http://smehorizon.sulekha.com/indian-gold-price-rise-to-rs-26-274-per-10-grams_sme-viewsitem_11794 Gold prices in the country moved up by 0.27 percent or Rs 70 to Rs 26,274 per ten grams, amid speculation taking positive cues from the global market. Tue, 21 May 2013 12:05:50 GMT http://smehorizon.sulekha.com/godrej-consumer-products-to-introduce-paper-format_sme-viewsitem_11788 Home insecticide business of Godrej Consumer Products has earned much profit by the incidences of Dengue and Malaria disease in the country. The company’s ground-breaking paper coil, named Hit Magic Paper in Indonesia, has also turned around the fortunes of the company in the region, according to BL report. Mon, 20 May 2013 12:24:21 GMT http://smehorizon.sulekha.com/it-may-not-be-a-cakewalk-for-global-retailers-in-india_sme-viewsitem_11787 Global retailers might as well find a slew of impediments such as quality space and affordable rentals. Mon, 20 May 2013 12:22:47 GMT http://smehorizon.sulekha.com/techno-electric-and-engineering-posts-a-31-per-cent_sme-viewsitem_11786 Techno Electric and Engineering Co Ltd has posted a standalone net profit of Rs 65 lakh in the fourth quarter of FY1013 against a net profit of Rs 18 crore in the same quarter of FY2012 Mon, 20 May 2013 10:15:31 GMT http://smehorizon.sulekha.com/franchise-retail-show-fro2013-to-be-held-in-mumbai_sme-viewsitem_11771 FRO2013, the 61st National Franchise and Retail Show 2013 will provide direct opportunity to investors and companies to interact freely and explore prospective franchise partners for further expansion at multiple locations. Fri, 17 May 2013 10:09:38 GMT http://smehorizon.sulekha.com/repower-systems-bagged-580-mw-orders-in-last-three_sme-viewsitem_11765 REpower Systems, the subsidiary company of Suzlon Group has bagged 580-MW capacity orders in the past three months from various countries. Thu, 16 May 2013 13:28:42 GMT http://smehorizon.sulekha.com/l-t-construction-bags-new-order-worth-rs-2-542-crore_sme-viewsitem_11763 Larsen & Toubro construction bags the new orders worth Rs 2,542 crore across various business segments in April and May 2013. Thu, 16 May 2013 11:40:26 GMT http://smehorizon.sulekha.com/ballarpur-industries-posts-a-55-per-cent-drop-in-q3_sme-viewsitem_11761 Ballarpur Industries Ltd (BILT) posted a 54.88 per cent decline in consolidated net profit at Rs 12.56 crore for the quarter ended March 31, 2013 Thu, 16 May 2013 07:56:37 GMT http://smehorizon.sulekha.com/knr-constructions-achieves-financial-closure-for-kerala_sme-viewsitem_11756 KNR Constructions Limited has bagged Rs. 900.51 crore National Highway tollway project to be executed by the company in Kerala. The project was awarded by the National Highways Authority of India is being executed through its subsidiary KNR Walayar Tollways Private Ltd. Wed, 15 May 2013 13:22:00 GMT http://smehorizon.sulekha.com/airasia-india-appoints-mittu-chandilya-as-ceo_sme-viewsitem_11755 On Wednesday, AirAsia India appoints Singapore based management consultant Mittu Chandilya as its CEO (Chief Executive Officer). The founder of AirAsia ‘Tony Fernandes’ announced via his official twitter handle that the board appointed Mittu Chandilya as the CEO of the company. Wed, 15 May 2013 13:21:08 GMT http://smehorizon.sulekha.com/silver-prices-dip-0-25-percent-on-global-market_sme-viewsitem_11745 Silver prices on Tuesday tumbled by 0.25 percent to Rs 45,006 per kg in global market, as speculators partially offloaded positions. Tue, 14 May 2013 12:50:10 GMT http://smehorizon.sulekha.com/apparel-market-grows-rapidly-in-online-retail-india_sme-viewsitem_11743 India’s apparel market rapid growing in e-commerce, India and rising urbanization have spawned a new class of consumers with more money to spend, and a growing passion for fashion. Tue, 14 May 2013 09:43:56 GMT http://smehorizon.sulekha.com/steelcast-posts-a-net-profit-of-39-per-cent-at-rs_sme-viewsitem_11735 Steelcast Ltd, Gujarat-based steel casting manufacturer on Monday posated a 39.3 per cent jump in net profit and 21.1 per cent in net sales in the financial year ended March 31, 2013, compared with the corresponding period last fiscal, due to strong domestic and export demand. Mon, 13 May 2013 13:53:45 GMT http://smehorizon.sulekha.com/bpl-medical-technologies-gets-an-investment-of-rs-110_sme-viewsitem_11734 BPL Medical Technologies, the Bangalore based manufacturer of medical devices like electrocardiographs, defibrillators, central nursing stations, stress test systems, oxygenerators, ultrasound scanners, colposcopes, foetal monitors, foetal dopplers and x-rays has received Rs 110 crore investment from Goldman Sachs Mon, 13 May 2013 13:13:43 GMT http://smehorizon.sulekha.com/pennar-net-profit-dips-by-20-per-cent_sme-viewsitem_11719 Steel-based engineering company Pennar Industries has posted a 20 per cent drop in its consolidated net profit for the quarter ended March 31, 2013 due to lower sales Sat, 11 May 2013 06:45:46 GMT http://smehorizon.sulekha.com/vlcc-plans-to-acquire-three-skin-care-companies-across_sme-viewsitem_11712 ‘Vandana Luthra’ founder and mentor of VLCC plans to obtain controlling stake in three beauty and wellness companies across South East Asia and Europe. We are confirming the deal with two skin care companies, which are in Singapore and London, and also the Hair Saloon chain in South East Asia. Fri, 10 May 2013 12:39:35 GMT http://smehorizon.sulekha.com/godrej-properties-posts-a-33-6-per-cent-net-profit_sme-viewsitem_11706 Godrej properties based in Mumbai has posted a 33.6 per cent net profit in the fourth quarter ended March 31, 2013, at Rs 53.2 crore against Rs 39.8 crore in the year-ago period, mainly on account of reduced expenditure and lower tax. Fri, 10 May 2013 07:11:26 GMT http://smehorizon.sulekha.com/ranbaxy-net-profit-falls-by-90-percent-at-rs-126-crore_sme-viewsitem_11696 Ranbaxy Laboratories Limited is an Indian pharmaceutical company has reported 89.91 per cent decline in its consolidated net profit at Rs 125.75 crore from Rs. 1,247 crore, during the first quarter ended March 2013. Wed, 08 May 2013 13:36:45 GMT http://smehorizon.sulekha.com/tnau-recommends-farmers-to-sell-groundnut-upon-harvest_sme-viewsitem_11695 Predicting a marginal increase in the prices of groundnut kernel, the TNAU recommended farmers not to hold the stock and to sell groundnut upon harvest Wed, 08 May 2013 13:09:57 GMT http://smehorizon.sulekha.com/cummins-to-open-second-power-generation-plant-for_sme-viewsitem_11687 Engine and generator manufacturer Cummins announced the opening of its new plant for manufacturing low horsepower generator sets in the Special Economic Zone at the Cummins megasite in Phaltan Tue, 07 May 2013 12:13:42 GMT http://smehorizon.sulekha.com/germany-based-cables-and-wires-manufacturer-leoni_sme-viewsitem_11685 Germany based cables, wires and optical fibres manufacturer Leoni commences production of cables for the renewable energy sector at its new plant at Chakan near Pune Tue, 07 May 2013 10:47:15 GMT http://smehorizon.sulekha.com/funskool-india-bags-sme-award_sme-viewsitem_11678 Funskool India Limited, leader in Toys and Games has been selected as one of the top 100 SME’s of India amongst an overwhelming 40,000+ nominations filed by SME’s across India. Sun, 05 May 2013 17:51:36 GMT http://smehorizon.sulekha.com/sugar-production-dips-3-percent-at-24-52-mt-till-april_sme-viewsitem_11670 Sugar output has come down by 3 percent at 24.52 million tonnes so far in the current marketing year on lower recoveries. Sugarcane crushing operation for the 2012-13 marketing year is slowly coming to an end about 45 sugar mills were still operational against 100 in the corresponding last year. Fri, 03 May 2013 11:52:33 GMT http://smehorizon.sulekha.com/bharti-airtel-takes-30-percent-stake-in-warid-telecom_sme-viewsitem_11664 Bharti Airtel Limited is an Indian multinational telecommunications services, will obtain 30 percent stake in Bangladesh's Warid Telecom to make it a wholly- owned subsidiary of the firm. Thu, 02 May 2013 13:45:23 GMT http://smehorizon.sulekha.com/crude-oil-price-drops-at-rs-5-143-per-barrel_sme-viewsitem_11649 Crude oil prices falls by 0.25 per cent to Rs 5,143 per barrel owing to the weak trend in Asian trade on profit-booking, according to BL report. Tue, 30 Apr 2013 12:52:15 GMT http://smehorizon.sulekha.com/silver-prices-rise-0-75-percent-on-global-cues_sme-viewsitem_11644 Silver price raises Rs 46,119 per kg by 0.75 percent, with a firming trend in precious metals overseas amid covering-up of short positions by speculators. Mon, 29 Apr 2013 13:39:05 GMT http://smehorizon.sulekha.com/indorama-will-increase-the-spandex-production-in-double_sme-viewsitem_11617 Indorama Corporation is a Singapore based company says it will increase production of spandex fibre in double at its Indian unit to 10,000 tonnes per annum by the end of 2014. Spandex fibre is used in various applications like stretch denims and sportswear. Wed, 24 Apr 2013 13:20:48 GMT http://smehorizon.sulekha.com/mic-electronics-join-hands-with-leyard-optoelectronics_sme-viewsitem_11615 MIC Electronics Ltd join hands with Beijing based LED chip manufacturer Leyard Optoelectronics Co for developing and marketing LED (light emitting diode) light Wed, 24 Apr 2013 12:06:47 GMT http://smehorizon.sulekha.com/gold-future-dips-0-79-percent-to-rs-26162-per-10_sme-viewsitem_11608 Gold prices fall by 0.76 per cent in future trade to Rs 26,162 per 10 grams. Globally, the yellow metal fell one per cent to $1,412.43 per ounce in Singapore after rising 0.5 per cent in the opening trade. Tue, 23 Apr 2013 13:36:53 GMT http://smehorizon.sulekha.com/puma-launches-running-shoes-in-india_sme-viewsitem_11602 Puma, one of the reputed sport lifestyle brand unveiled the new, better performance running shoes with the Mobium Elite shoe. Mon, 22 Apr 2013 12:12:33 GMT http://smehorizon.sulekha.com/sunil-bharti-mittal-appointed-as-the-chairman-of-the_sme-viewsitem_11600 Sunil Bharti Mittal, Chairman and Group CEO, Bharti Enterprises have been appointed as the Vice-Chairman of the ICC (International Chamber of Commerce), Founded in 1919 and ICC represents private-sector views to national Governments and inter-governmental bodies around the world. Mon, 22 Apr 2013 11:14:20 GMT http://smehorizon.sulekha.com/silkworm-farming-fetches-better-prices-in-market_sme-viewsitem_11586 G Gandhi, a 55 year old farmer near Kuppam in Andhra Pradesh is happy with his Silkworm farming since it fetch better prices in the market these days Fri, 19 Apr 2013 12:20:56 GMT http://smehorizon.sulekha.com/new-game-changing-venture-for-indian-manufacturing_sme-viewsitem_11584 Partners four industry veterans to float Ma Foi Connecting Dots Advisory, while the new Venture targets 48 offices, in excess 500 employees and Rs 250 crore in revenues in five years. Fri, 19 Apr 2013 07:58:06 GMT http://smehorizon.sulekha.com/daiichi-and-ranbaxy-launch-hybrid-business-model-in_sme-viewsitem_11573 Ranbaxy Laboratories and Daiichi Sankyo Co. Ltd. announced synergy in Brazil to expand the business of both companies in the country. Wed, 17 Apr 2013 13:10:42 GMT http://smehorizon.sulekha.com/reliance-industries-logs-9-2-per-cent-increase-in_sme-viewsitem_11571 Reliance Industries Limited (RIL) has posted a 9.2 percent increase in the total turnover on a year-on-year (Y-o-Y) of Rs 371,119 crore ($ 68.4 billion) 31st March, 2013 Wed, 17 Apr 2013 11:30:11 GMT http://smehorizon.sulekha.com/steelcase-forays-into-indian-furniture-segment_sme-viewsitem_11560 The Michigan-based furniture maker Steelcase has established its maiden manufacturing plant at Chakan, near Pune in India Tue, 16 Apr 2013 11:06:31 GMT http://smehorizon.sulekha.com/crude-oil-price-dips-1-97-percent-at-rs-4-877-per_sme-viewsitem_11556 Crude oil prices dropped for 1.97 percent at Rs. Rs 4,877 per barrel after speculators reduced their exposure on the back of infirm cues in the Asian trade. Mon, 15 Apr 2013 12:18:00 GMT http://smehorizon.sulekha.com/silver-futures-drops-below-for-5-26-percent-at-rs_sme-viewsitem_11555 Silver prices may fell below for 5.26 percent at Rs 47,000 level by losing Rs 2,570 to Rs 46,331 per kg after touching a low of Rs 46,079 in 2,596 lots. Mon, 15 Apr 2013 12:17:22 GMT http://smehorizon.sulekha.com/dhl-announce-global-mangoe-delivery-service_sme-viewsitem_11553 DHL, one of the reputed logistics concern has launched its seasonal service DHL Express for sending mangoes to friends and relatives globally Mon, 15 Apr 2013 11:03:47 GMT http://smehorizon.sulekha.com/gold-futures-to-fall-as-low-rs-28400-over-the-next_sme-viewsitem_11545 Gold jewellery prices might drops in the short term with gold prices in the country to the next three or four months. The yellow metal has touched a 10-month-low of Rs 29,470 per 10 grams in the national capital on Thursday, stockiest selling, triggered by a weak global trend. Fri, 12 Apr 2013 13:28:24 GMT http://smehorizon.sulekha.com/pidilite-initiates-campaign-against-menace-of-termites_sme-viewsitem_11544 Pidilite’s Terminator to create awareness against the menace of termites in southern markets of Tamil Nadu, Kerala and Andhra Pradesh. Fri, 12 Apr 2013 13:12:02 GMT http://smehorizon.sulekha.com/handicrafts-export-increases-22-15-percent-in-2012-13_sme-viewsitem_11543 India saw a 22.15 percent increase to $3.30 billion in 2012-13 defying an overall downturn in exports, owing to the rising demand in western markets like US, Europe, Australia and Latin America. Fri, 12 Apr 2013 12:50:25 GMT http://smehorizon.sulekha.com/shasun-pharma-and-debiopharm-enters-into-licensing_sme-viewsitem_11537 Shasun Pharmaceuticals Limited, a global pharmaceutical contracting organization has entered into a licensing agreement with Switzerland- based Debiopharm for manufacturing and commercialisation of Huperzine-A, a drug used in the treatment of Alzheimer’s disease. Wed, 10 Apr 2013 12:24:44 GMT http://smehorizon.sulekha.com/reliance-infrastructure-decides-to-rework-power-tariff_sme-viewsitem_11533 Reliance Infrastructure Limited has decided to rework upon the power tariff with Goa government, due to the high costs involved in the power purchase. Tue, 09 Apr 2013 12:26:12 GMT http://smehorizon.sulekha.com/cairn-india-struck-fresh-oil-in-barmer-basin-in-rajasthan_sme-viewsitem_11532 Vedanta group firm Cairn India has struck fresh oil in the Barmer Block in Rajasthan and it has made the 26th oil discovery in the RJ-ON-90/1 block. Tue, 09 Apr 2013 12:25:21 GMT http://smehorizon.sulekha.com/bajaj-electricals-sales-turnover-increase-10-percent_sme-viewsitem_11527 Bajaj Electricals Limited has reported BSE regarding Sales Turnover of Rs 3,416 crore for the year ended March 2013, which is an increase of 10 percent over the previous financial year i.e. 2011-12. Mon, 08 Apr 2013 13:24:22 GMT http://smehorizon.sulekha.com/max-healthcare-is-the-official-healthcare-partner_sme-viewsitem_11526 Max Healthcare has join hands with IPL team Delhi DareDevils as its official healthcare partner for the ongoing 6th season of the tournament Mon, 08 Apr 2013 12:46:13 GMT http://smehorizon.sulekha.com/crude-oil-prices-falls-at-rs-5-180-per-barrel_sme-viewsitem_11512 Crude oil futures for April fell by Rs 19 or 0.35 percent, to Rs 5,180 per barrel in 7,906 lots. Prices fell as speculators trimmed positions among weakening trend in the Asian trade. Thu, 04 Apr 2013 13:52:32 GMT