Use web conferencing to meet 'virtually'.


How to cut travel costs

Business Standard

A couple of years ago, an initial public offer (IPO) from a low-profile Rs 100 crore-plus company with no manufacturing capabilities, but just claims of possessing a drug discovery tool, may not have

Small firms target drug discovery

The Alternative Investment Market (AIM), the London Stock Exchanges market for early-stage growing companies, is a firm believer in the Indian growth story. 


`Companies can list different vehicles on AIM`

The global market for polished diamonds turns slack, but there is demand for studded jewellery. 


All that glitters

<B>Hanuman Tripathi</B>, managing director of Infrasoft Technologies, is an active member of the governing body of the Foundation for Information Security and Technology (FIST), a non-government

Banking solutions man

The Rs 2,200-crore handloom industry of Panipat is undergoing an image makeover. The handloom products of Panipat  also known as the city of weavers  such as carpets table covers, mats, bedsheets

Panipat handloom units weaving a new fabric

As interest in India soars, the travel and tourism industry sees an unprecedented boom, though challenges still abound.


Riding high

'We understand travel trends very well'


The B2B travel firm

'We have created a niche for ourselves'


The first mover

Continuing our series on cheaper IT solutions


Online office suites

Budget 2007-08 has been a mixed bag. The small scale sector has received some attention 


A Mixed Bag

<B>LABOUR TROUBLE:</B> A 75 per cent local workforce norm and shortage of skilled workers have become a bottleneck for this upcoming industrial belt.


Baddi caught in a bind

Your services as sub-agent of a travel agent will not entitle you to SFIS, where you do not earn any foreign currency

'Sub-agents of travel agents who don't earn forex are not entitled to SFIS'

Small hydro power projects totalling 6,000 Mw in Ganga river basin in Uttarakhand have been affected by Chaturvedi panel proposals

Uncertain future for hydropower projects in Uttarakhand

The weakening of the rupee has resulted in higher rupee realisations for exporters, but it might also turn into a disadvantage

Punjab's SMEs suffer on weak rupee

Suggests higer value addition, skill devt, technological innovation, thrust on standardisation and quality, access to better credit

MSMEs' manufacturing ability needs to improve: CII

Those in the pilgrimage circuit have a narrow window for business, and may find it tough to survive

Major cancellations hit small hotels in Uttarakhand, Himachal

The initiative is for taking small firms to the next level by introducing state-of-the-art technology, market linkages and manpower planning

CII to roll out initiative for MSMEs in Bangalore

Request PM to make funds available for the SME textile sector at 7% a year

SMEs in textile sector demands reduction in interest rates

Ginni Systems is a provider of retail solutions to small and medium enterprises. Prashant Lohia, its CEO, tells Rajiv Shirali that SMEs in the retail space are strengthening their back-end infrastructure, adopting information technology solutions and ensuring greater efficiencies in business. Edited excerpts:How did you decide to zero in on SMEs as your target customers?The requirements of SMEs are different from those of large established businesses. They require far more customised products to cater to the challenges of their unique business models. Initially, the scale of the business might be small but there is potential for aggressive growth and expansion.Standardised solutions lacking flexibility can't help such SMEs. When we entered the market, there were complex ERPs around to cater to the top retailers of India, but none which were stable, scalable and secure, and which could be implemented in a simple enough way for a SME business. We were able to identify this as an opportun

SMEs are aggressively penetrating apparel, food and groceries segments: Prashant Lohia

In eight major MSME-centric product groups, imports from China grew the fastestIncreased import of Chinese goods into India is impacting micro, small and medium enterprises (MSMEs), according to the ministry of micro, small and medium enterprises. In eight major product categories that are predominantly manufactured by MSMEs, imports from China grew faster than their respective imports from all countries in the four years from 2008-09 to 2011-12.The ministry's finding is based on data compiled by the Directorate General of Commercial Intelligence & Statistics (DGCIS). The eight product groups include electrical and electronics, mechanical and metallurgical products, chemicals, glass and ceramics-based products. These accounted for 54 per cent of India's total imports from China in 2011-12.Considering that there are a large number of MSMEs present in these sectors, a significant proportion of Indian MSMEs are facing greater competition from China compared to the rest of the world, s

Increased import of Chinese goods hurts Indian MSMEs

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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