The Tamil Nadu government has said that it is taking steps to ensure a minimum of four hours of continuous power supply to micro and small enterprises. The announcement comes at a time when industry is facing power cuts of about 14 hours a day in the southern parts of the state.

TN govt assures 4 hours power supply to MSMEs

Business Standard

IndiaMART.com, a leading online B2B marketplace, has introduced a service for small and medium enterprises, which puts buyers in touch with suppliers. Called &lsquo;Buy Leads&rsquo;, it is based on a &ldquo;pay per &lsquo;seen&rsquo; lead&rdquo; model, according to the company&rsquo;s founder and CEO, Dinesh Agarwal.

B2B buy-sell service for SMEs launched

This Diwali is going to be a special one for all those who set up new units in Uttarakhand under the special integrated hill industrial policy.

Hill industrial policy picks up despite lack of govt support

Business conglomerate ITC is planning to rope in more small enterprises to expand its agarbatti (incense sticks) business. The company&rsquo;s association with small enterprises is a classic example of synergy between SMEs and large corporate entities.

ITC to rope in more MSMEs to expand agarbatti business

I have a registered industrial unit in Jammu (J&amp;K). I get some items manufactured from other registered industrial units in Jammu. The Sales Tax Department of Jammu says that the remission (i.e., tax exemption available to industrial units in Jammu on manufacture) will be available to the unit which actually manufactures the said goods.

'Registered industrial units paying excise are eligible for remission under ST law'

It is not only Chinese competition that toy manufacturers in India, dominated by micro, small and medium enterprises (MSMEs), are battling against. They face a major challenge at home as well, from the differential tax structure on electronic and non-electronic products.

Differential taxes a challenge for toy industry

The Uttarakhand government has decided to set up a separate department of micro, small and medium enterprises (MSMEs) in the hill state.

Uttarakhand sets up MSME department

The small and medium enterprise (SME) dominated automotive aftermarket in India has in the first few months of the current fiscal year, for the first time in its history, reported negative growth of 10-15 per cent. The industry, with annual revenues of around Rs 28,000 crore in 2011-12, will consolidate, industry experts say. Small and medium-sized players will either pool resources to execute orders, or be taken over by larger units, or will close down.

SME-dominated automotive aftermarket to consolidate

Ginning mills located in the Malwa belt of Punjab, the traditional cotton-growing belt in north-western India, are in a catch-22 situation. Despite being situated near the source of cotton, they are running from pillar to post to buy raw cotton to run their factories.

Punjab ginning mills unable to procure local cotton

Gujarat-based SME medical device-makers are gearing up for growth, as a number of initiatives in the sector start taking shape. For starters, the SMEs are looking to increase their share in exports, as the West European markets offer opportunities for polymer-based medical devices.

Exports to drive Gujarat medical device biz

A review of bank loans given to the MSE sector reflects year-on-year growth of 47 per cent, compared to the target of 20 per cent. In fact, the number of MSEs which were provided credit during this period also grew by 16 per cent, against the target of 10 per cent.

Credit to MSEs in Haryana grows 47%

The United Nations Industrial Development Organisation (UNIDO) has entered into a co-operation with the Society of Indian Aerospace Technologies and Industries (SIATI) to create a long term development programme for aerospace SMEs.

'Firms need to be prepared for long gestation programmes'

The United Nations Industrial Development Organisation (UNIDO) has entered into a cooperation with the Society of Indian Aerospace Technologies and Industries (SIATI) to create a long-term development programme for aerospace SMEs.

Roller flour mills in the northern region are gearing up to step up capacity utilisation after the Central government revisited its decision on the price of wheat under the open market sales scheme to provide a level playing field to flour mills across India.

Roller flour mills in North to step up capacity utilisation

Our bank has frozen our payment, received in foreign exchange from clients abroad against our export through electronic mode, for our service of converting old illegible drawings to autocad drawings, on the grounds that we did not file Softex forms.

'Softex declaration a must for export of software other than in physical form'

Hyderabad is all set to host an electronics city &ndash; an electronic hardware manufacturing cluster &ndash; on a 500-acre plot of land located close to the international airport. The land was part of a 1,200-acre Fab City project proposed some four years back, which failed to take off for a variety of reasons.

Hyderabad to host electronics industry cluster

TiE Chennai, a non-profit organisation that works towards supporting new entrepreneurs through education, mentoring and networking, plans to organise a two-day conclave for entrepreneurs in Tamil Nadu on December 3 and 4, which is expected to open opportunities for entrepreneurs to grow their business.

TiE event to support entrepreneurs

A report by IndiaMART.com, one of India&rsquo;s largest online B2B marketplaces, has found that the SME-dominated automotive sector is among the top three sectors on the site in terms of the number of buyers it attracted from other countries, both developed and developing.

Auto parts industry attracts heavy online traffic: Study

Recently we shipped some brass and bronze handmade articles through couriers. Their shipping instructions sheet had a drawback section for mentioning the scheme but there was no space for filling this in. We did not fill it and instead sent an email message to them giving our drawback account number and bank&rsquo;s name. They did not ask us about anything or for any other documents and shipped the articles without claiming drawback. Due to this we incurred a loss. The courier company now says that it is not their responsibility and that they cannot claim the drawback. Please advise on how we can claim drawback.

'Couriers need to file separate drawback shipping bill under export-import rules'

As a result of the slowdown in the economy &ndash; especially in the real estate sector &ndash; and the consequent reduction in demand, the ceramics industry in Morbi, Gujarat, is saddled with unsold stocks of finished goods worth Rs 1,500 crore.

Tile-makers' unsold stocks worth Rs 1,500 cr

To encourage product development among start-ups and small and medium enterprises (SMEs) under the information technology (IT) domain, the Andhra Pradesh government is planning to set up an incubation centre in Hyderabad.

AP to set up incubation centre for product-based IT startups, SMEs

SME: Find all the latest news on Small and Medium-Sized Enterprises in India. Explore more for the top headlines about SME sector on Business Standard.

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